Exhibit 10.80
Applied Data Communications, Inc.
0000 X. Xxxxx Xxxxxx
Xxxxx Xxx, XX 00000-0000
Re: Series C Preferred Stock
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Gentlemen:
I hold 68,404 shares of Series C Preferred Stock of Applied Data
Communications, Inc. ("ADC") which I acquired to fulfill voting requirements
imposed by Xxxxxx Xxxxxxx and the Leasing Partnership of Star Media Partners and
MultiMedia Disk Duplicators.
This will confirm my understanding and agreement that I will convert all
shares of Series C Preferred Stock which are no longer subject to such proxy,
whether because ADC has met requirements or otherwise. I will not exercise the
voting rights of the Series C Preferred Shares.
This commitment is binding on my successors, assigns and heirs.
Executed this 28/th/ day of September, 2001.
/s/ Xxxxxx X. Xxxx
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Xxxxxx X. ("Pat") Xxxx
Acknowledged and Accepted:
/s/ Xxxxx X. Xxxxxx, Xx.
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Xxxxx X. Xxxxxx, Xx.
for Applied Data Communications, Inc.
September 28, 2001
