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10-Q - VALPEY-FISHER CORP. 10-Q - VALPEY FISHER CORPa6825044.htm
EX-32.1 - EXHIBIT 32.1 - VALPEY FISHER CORPa6825044ex32_1.htm
EX-31.1 - EXHIBIT 31.1 - VALPEY FISHER CORPa6825044ex31_1.htm
EX-31.2 - EXHIBIT 31.2 - VALPEY FISHER CORPa6825044ex31_2.htm
EXCEL - IDEA: XBRL DOCUMENT - VALPEY FISHER CORPFinancial_Report.xls
Exhibit 4.1
 
Middlesex Savings Bank

 
June 24, 2011
 
 
Michael J. Kroll, CFO
Valpey Fisher Corporation
75 South Street
Hopkinton, MA 01748
 
Dear Mike:
 
I am pleased to inform you that Middlesex Savings Bank has approved a three month extension of Valpey Fisher Corporation's Working Capital Line of Credit in the amount of $1,000,000.00 and its Equipment Line of Credit in the amount of $1,000,000.00 for three months until August 31, 2011. All terms and conditions existing and originally set forth will remain in effect. Such an extension will allow Middlesex Savings Bank sufficient time to seek formal credit approval for a full year renewal of the aforementioned credit facilities.
 
Please indicate your acceptance of this Letter by signing below and faxing a copy back to my attention at (781) 890-3668 and then mailing this original back to me.
 
We appreciate your business.
 
 
Thank you,
 
/s/ Tony Zhang
Tony Zhang
Vice President
 
 
Accepted:    Valpey Fisher Corporation
 
 
/s/ Michael J. Kroll   6/27/2011  
Michael J. Kroll, CFO   Date