EXHIBIT 10.15
VIEW TECH, INC.
000 Xxxxx Xxxx
Xxxxxxxxx, Xxxxxxxxxx 00000
As of December 31, 1996
Xxxx X. X'Xxxxx and Xxxx X. Xxxxx
c/o The O'Brien Group, Inc.
Xxx Xxxxxxxxxxxxx Xxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Re: Common Stock Purchase Warrants
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Gentlemen:
Pursuant to an agreement dated today's date (the "Purchase Agreement")
between View Tech, Inc. (the "Company") and Telcom Holding, LLC ("Telcom"), the
Company has agreed to issue and sell, and Telcom has agreed to purchase, up to
650,000 shares of Common Stock and up to 325,000 Common Stock Purchase Warrants
("Purchased Securities") of the Company, subject to increase as provided
therein, upon the terms and subject to the conditions set forth therein.
In consideration of financial advisory and consulting services performed by
you for the Company and its subsidiaries, in the event that the aggregate
purchase price of Purchased Securities issued and sold in one or more closings
under the Purchase Agreement is at least $2,500,000, the Company agrees to issue
to you warrants for the purchase of its Common Stock in substantially the same
form and upon the same terms and conditions as the warrants included in the
Purchased Securities, covering in the aggregate one-half (1/2) the aggregate
number of shares of Common Stock as are covered by the warrants which are
included in the Purchased Securities.
Very truly yours,
View Tech, Inc.
By: /s/ Xxxxxx X. Xxxxxxxx
________________________
Xxxxxx X. Xxxxxxxx
Chief Executive Officer
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