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This letter memorializes the agreement by and among Datametrics Corporation, a Delaware corporation (?Datametrics?), Philip S. Sassower (?Sassower?) and JAG Multi Investments, LLC, a Delaware limited liability company (?JAG?, together with Sassower, the ?Issuers?), regarding the letters of credit, dated December 18, 2007, issued by each of Philip S. Sassower and JAG to Comerica Bank (?Comerica?) on behalf of Datametrics (the ?Letters?).

Letter of Credit
This letter memorializes the agreement by and among Datametrics Corporation, a Delaware corporation (?Datametrics?), Philip S. Sassower (?Sassower?) and JAG Multi Investments, LLC, a Delaware limited liability company (?JAG?, together with Sassower, the ?Issuers?), regarding the letters of credit, dated December 18, 2007, issued by each of Philip S. Sassower and JAG to Comerica Bank (?Comerica?) on behalf of Datametrics (the ?Letters?). | Document Parties: DATAMETRICS CORP You are currently viewing:
This Letter of Credit involves

DATAMETRICS CORP

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Title: This letter memorializes the agreement by and among Datametrics Corporation, a Delaware corporation (?Datametrics?), Philip S. Sassower (?Sassower?) and JAG Multi Investments, LLC, a Delaware limited liability company (?JAG?, together with Sassower, the ?Issuers?), regarding the letters of credit, dated December 18, 2007, issued by each of Philip S. Sassower and JAG to Comerica Bank (?Comerica?) on behalf of Datametrics (the ?Letters?).
Date: 12/21/2007
Industry: Computer Peripherals     Sector: Technology

This letter memorializes the agreement by and among Datametrics Corporation, a Delaware corporation (?Datametrics?), Philip S. Sassower (?Sassower?) and JAG Multi Investments, LLC, a Delaware limited liability company (?JAG?, together with Sassower, the ?Issuers?), regarding the letters of credit, dated December 18, 2007, issued by each of Philip S. Sassower and JAG to Comerica Bank (?Comerica?) on behalf of Datametrics (the ?Letters?)., Parties: datametrics corp
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Exhibit 10.41

Datametrics Corporation
1717 Diplomacy Row
Orlando, Florida 32809

December 18, 2007

JAG Multi Investments, LLC
150 East 52 nd Street
29 th Floor
New York, NY 10022

The Philip S. Sassower 1996 Charitable Remainder Annuity Trust
110 East 59 th Street
Suite 1901
New York, NY 10022

Philip S. Sassower
110 East 59 th Street
Suite 1901
New York, NY 10022

Re:   Datametrics Corporation

To Whom It May Concern:

This letter memorializes the agreement by and among Datametrics Corporation, a Delaware corporation (“ Datametrics ”), Philip S. Sassower (“ Sassower ”) and JAG Multi Investments, LLC, a Delaware limited liability company (“ JAG ”, together with Sassower, the “ Issuers ”), regarding the letters of credit, dated December 18, 2007, issued by each of Philip S. Sassower and JAG to Comerica Bank (“Comerica”) on behalf of Datametrics (the “ Letters ”).

In the event that Datametrics should default under the Master Revolving Note issued by Datametrics to Comerica , dated December 18, 2007 (the “ Master Note ”), and Comerica Bank enforces any of its rights by drawing funds against the Letters, then the Secur

 
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