Document:

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                                                                  Exhibit 10(gg)

                          REVOLVING CREDIT AGREEMENT

     This REVOLVING CREDIT AGREEMENT ("Agreement") is made this 29th day of
June, 2001 between THE BERKSHIRE BANK, a New York state-chartered bank, with an
office at 600 Madison Avenue, New York, NY 10022 ("Bank"), and ORGANOGENESIS
INC., a Delaware corporation, with an office at 150 Dan Road, Canton,
Massachusetts 02021 ("Borrower"). All capitalized terms used herein and not
otherwise specifically defined shall have the meanings given them in Section
11.1 below.

WHEREAS, Borrower has requested that Bank provide certain loans to Borrower; and

WHEREAS, Bank is willing to provide loans to Borrower upon the terms and
conditions set forth in this Agreement.

NOW THEREFORE, in consideration of the above Recitals and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:

SECTION 1.  THE LOANS

1.1  The Loans- This Agreement shall apply to all present and future Loans. Each
Loan shall be upon the terms and conditions set forth in the Loan Documents,
including without limitation, the terms and conditions set forth in Schedule A
hereto, which is incorporated by reference herein ("Schedule A") and in the
Note. Borrower shall repay to Bank all Loans in accordance with such terms and
conditions. Any advance or forbearance by Bank or other liability of Borrower to
Bank not expressly bearing interest shall be repaid by Borrower to Bank with
interest at 16% per annum provided, however, that interest shall not exceed the
maximum rate allowed by law.

1.2   Purpose- Loans shall be for Borrower's business purposes and as more
particularly set forth in Schedule A. Borrower will not use any part of the
proceeds of any Loan hereunder to purchase or carry any margin stock within the
meaning of Regulation U of the Board of Governors of the Federal Reserve System
or to extend credit to others for the purpose of purchasing or carrying any
margin stock.

1.3   Obligation to Lend- The Bank shall not be obligated to make any Loan to
Borrower, or modify, extend or terminate any Loan or any rights or remedies
related thereto, or make any loan to any other Person at the request, upon the
guarantee, or upon any Collateral, of Borrower unless the Bank agrees to do so
in writing signed by a duly authorized officer of the Bank. No oral commitment
to lend money or modify, extend or terminate any Obligation shall be binding
upon the Bank until the same is reduced to writing and signed by a duly
authorized Bank officer.

1.4   Demand Obligations- If any Loan is payable by its terms on demand, the
Bank shall be permitted to demand payment of all amounts due on such Loan at any
time in the Bank's sole and unilateral discretion without any express or implied
restrictions or limitations on the right to demand payment. No provisions herein
or in any promissory note or other Loan Document defining events of default or
imposing any obligations on Borrower shall be interpreted to restrict the Bank's
ability to demand payment in it sole discretion of any Loan payable on demand.

1.5   [_] Annual Clean Up-  If this box is checked, then, notwithstanding any
maturity date included in any promissory note given by Borrower to Bank for any
Short Term Loan, Borrower must have at least
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30 days with no outstanding Short Term Loans during each and every period of 365
consecutive days, commonly known as a clean-up period.

1.6   Maximum Interest Rate- Regardless of any provisions contained in this
Agreement or in any other Loan Documents, the Bank shall never be deemed to have
contracted for or be entitled to receive, collect or apply as interest (whether
termed interest in the Loan Documents or deemed to be interest by judicial
determination or operation of law) on any Loan, any amount in excess of the
maximum rate of interest permitted to be charged by applicable law, and if any
provision of any Loan Document shall be interpreted to require the payment of
interest in excess of the maximum rate allowed by applicable law, then such
provision shall automatically be deemed amended to provide that the amount of
interest payable shall be reduced so that the rate of interest is equal to the
maximum rate allowed by law. If the Bank ever receives, collects or applies as
interest any amount in excess of the maximum amount permitted by law, such
excess shall be deemed to be a partial prepayment of principal and treated
hereunder as such, and, if the principal balance of the applicable obligation
has been or is thereby paid in full, any remaining excess shall forthwith be
paid to Borrower. In determining whether or not the interest paid or payable
under any specific contingency exceeds the highest lawful rate, Borrower and
Bank shall, to the maximum extent permitted under applicable law, (i)
characterize any non-principal payment (other than payments which are expressly
designated as interest payments hereunder) as an expense, fee, or premium,
rather than as interest, (ii) exclude voluntary prepayments and the effect
thereof, and (iii) spread the total amount of interest throughout the entire
contemplated term of the applicable obligation so that the interest rate is
uniform throughout such term.

SECTION 2.  COLLATERAL

2.1  Security- To secure (i) the repayment of all Loans and (ii) Borrower's
performance of all its Obligations, whether incurred prior to, simultaneously
with or after this Agreement, Borrower hereby grants to Bank a security interest
in the Collateral. Such security interest shall give Bank a continuing Lien in,
on, and to all said Collateral, and the products and proceeds thereof, and any
replacements, additions, accessions or substitutions thereof, after-acquired
Property, including, where applicable, the proceeds of insurance covering said
Collateral or tort or breach of contract claims relative to the Collateral.

2.2  [Intentionally Omitted]

2.3  Right of Offset- The Borrower hereby gives to Bank a Lien for the amount of
all Obligations on all goods, instruments, documents of title, policies and
certificates of insurance, securities, chattel paper, deposits, cash or other
Property now or hereafter owned by Borrower or in which it now or hereafter has
an interest which may now or hereafter be in the lawful possession or control of
Bank as holder, bailee, depositary, agent or otherwise or as to which Bank may
now or hereafter have possession by documents of title or otherwise. Without
limiting any other remedy available to the Bank, upon the occurrence of an Event
of Default, and any time thereafter, the Bank may proceed to apply in payment or
reduction, the credit balance of any account maintained with the Bank by
Borrower.

2.4  Standard of Care- Pursuant to Section 1-102(3) of the Code, Borrower agrees
the following standard of care to be reasonable with respect to any Collateral:
(i) Bank shall have no responsibility for ascertaining any maturities, calls,
conversions, exchanges, offers, tenders or similar matters relating to any
Collateral, nor for informing the Borrower with respect to any thereof; (ii)
Bank shall not be required to sell any Collateral or take any steps or action as
may be requested or authorized by Borrower unless Bank determines, in its sole
discretion, that such sale or steps or action will not adversely affect the
value of the Collateral; (iii) any sale of Collateral is made upon a recognized
market shall conclusively be deemed reasonable; and (iv) Bank need not keep
Collateral identifiable, nor, in the case of instruments or chattel paper, take
any steps to preserve rights against prior parties. If an Event of
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Default occurs, Borrower gives to Bank the power to sell, assign and deliver the
whole of said Collateral or any part thereof, or any substitutes therefor, or
any addition thereto, at any broker's board or at public or private sale, at the
option of Bank, without demand, advertisement or notice of any kind, all of
which are hereby expressly waived. At any sale of Collateral, Bank may itself
purchase all or any part of the Property sold, free from any right of redemption
on the part of Borrower, which is hereby waived and released. Bank may apply the
proceeds of any such sale or sales or other disposition, after deducting all
costs and expenses of recovery, collection, storing, sale and delivery, to pay
accrued interest and then principal on any Obligation, whether the same may then
be due or not.

SECTION 3.  EVENTS OF DEFAULT

3.1  Default-  An Event of Default shall exist upon occurrence of any of the
following:

        (a)  failure to make payment when due, whether at maturity, by
             acceleration or otherwise, of principal or interest on any Loan or
             any other Obligation under the Loan Documents;

        (b)  if any warranty, representation or other statement to Bank by or on
             behalf of Borrower or any Guarantor proves to have been false,
             incorrect, incomplete or Materially misleading when made or
             furnished;

        (c)  failure to comply by Borrower or any Guarantor with or the breach
             of any covenants or agreements in the Loan Documents and (other
             than failures to comply of the type described in clause (a) above
             or in Section 6.9 or in the Borrower Letter) such failure, if
             curable, shall continue uncured for a period of fifteen (15) days;

        (d)  loss, theft, substantial damage, destruction or abandonment not
             fully covered by insurance, or sale, lease, encumbrance or other
             disposition of all or any material part or any material interest in
             any Collateral or the making of any levy, seizure, or attachment
             thereof or thereon, other than a sale or lease of inventory
             Collateral in the ordinary course of business;

        (e)  any default under any guaranty agreement for any Loan;

        (f)  as to either Borrower or any Guarantor, its dissolution,
             termination of existence, bankruptcy, insolvency, business failure,
             proceedings for appointment of a receiver or similar fiduciary,
             being authorized or instituted by or against it, assignment for the
             benefit of creditors, commencement of any proceeding under any
             bankruptcy, insolvency, reorganization, readjustment of debt,
             dissolution, liquidation or other similar law being authorized or
             instituted, or the making of any offer of settlement, extension,
             composition or arrangement to creditors;

        (g)  issuance or filing against Borrower or any Guarantor of an
             attachment, execution, injunction, tax lien or judgment for payment
             of money which is not discharged in full or stayed within thirty
             (30) days after issuance or filing;

        (h)  default by Borrower or any Guarantor or any Affiliate of any of
             them under any agreement with Bank or any of Bank's Affiliates;

        (i)  loss of any license or permit which Bank in its sole discretion
             deems necessary for continued operation of Borrower's or any
             Guarantor's business;

        (j)  cessation or substantial reduction of Borrower's or any Guarantor's
             operations;

        (k)  failure of Borrower or any Guarantor to remedy any Material adverse
        change in any financial or other condition of their business or
        Property;

        (l)  commencement of any legal proceeding, whether civil or criminal,
        against Borrower or any Guarantor under the laws of any jurisdiction for
        which forfeiture of any assets of Borrower or any Guarantor with a value
        in excess of $50,000 is a potential penalty;
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     (m)  manufacture, storage, use or disposal of any hazardous waste or toxic
     substances on the Borrower's or any Guarantor's real property or any other
     premises occupied by Borrower or any Guarantor; the violation by Borrower
     or any Guarantor, or on any real property of Borrower or any Guarantor, of
     any federal, state or local environmental laws, rules, regulations or
     administrative orders; or the discovery of any environmental conditions
     which the owner or operator of Borrower's or any Guarantor's real property
     or other premises occupied by Borrower or any Guarantor could be compelled
     by law to correct or which adversely affect the value of any Collateral;

     (n)  violation of any federal, state or local law or regulation by Borrower
     or any Guarantor in the conduct of their business, which violation could
     have a Material adverse effect on the Borrower;

     (o)  failure to notify Bank within ten (10) days following Borrower first
     becoming aware of the institution of any investigation of Borrower or any
     Guarantor by any government agency regarding any possible statutory or
     regulatory violation;

     (p)  disappearance of any Collateral having a value in excess of $50,000 or
     the failure of Borrower or any Guarantor to exhibit or permit inspection of
     any Collateral by Bank upon request by Bank;

     (q)  if all or any of the Loans outstanding result in a violation of, or if
     the making of a Loan about to be made would result in a violation of, any
     federal or state laws or regulations applicable to the Bank including,
     without limitation, lending limits based upon percentages of the Bank's
     capital or maximum permitted loan-to-value ratios;

     (r)  the occurrence of any other event with respect to Borrower, any
     Guarantor or any Collateral which Bank deems, in the reasonable exercise of
     its discretion, adversely affects either the business operations or
     financial condition of Borrower or such Guarantor, or adversely affects the
     value of any Collateral or likelihood that any Loan will be repaid or
     Obligation performed when due;

     (s)  if any Loan or Obligation or any pledge of any Collateral fails to
          comply with Regulation U of the Federal Reserve Board, as amended;

     (t)  if the License and Supply Agreement or the Securities Purchase
          Agreement shall cease to be in full force and effect; Borrower or
          Novartis shall be in Material default in the performance of its
          respective obligations under either such agreement; or Novartis shall
          have denied or refused to honor its obligations to purchase securities
          pursuant to the Novartis Put or any defense shall exist to such
          obligations which has not been waived by Novartis;

     (u)  if Borrower gives a notice of rescission pursuant to Section 1.4 of
          the Securities Purchase Agreement, waives any right under the
          Securities Purchase Agreement, which waiver would have a Material
          adverse effect on Borrower's ability to issue and sell securities to
          Novartis in accordance with the Put Exercise Notice, or changes its
          direction to Novartis with respect to the payment of the proceeds of
          the Novartis Put into the Cash Collateral Account, in any such case,
          without having obtained the prior written consent of the Bank, which
          consent may be withheld in the Bank's sole and absolute discretion;

     (v)  if, on or before July 9, 2001, Borrower fails (i) to satisfy all
          outstanding obligations of Borrower to Fleet under the Fleet Loan
          Documents or (ii) to deliver to the Bank termination statements duly
          executed by Fleet evidencing the release and termination of all liens
          granted by Borrower to Fleet;
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      (w)  the failure by Borower to make the punctual payment when due of any
           obligation of Borrower to a third party credit for money borrowed in
           excess of $50,000, which failure is not cured within thirty (30) days
           or which failure results in the acceleration of the maturity of such
           obligation;

      (x)  any creditor of Borrower or any Guarantor obtains any judgment,
           attachment, lien, execution or levy against Borrower or any guarantor
           in an amount in excess of $50,000 which is not paid, discharged,
           released, bonded, stayed on appeal or otherwise fully satisfied
           within thirty (30) days; or

      (y)  if Bank shall, in good faith deem itself insecure for any reason
           whatsoever.

 3.2 Default Remedies- In addition to any other remedies in the Loan Documents,
 upon occurrence of an Event of Default, the Bank may, by notice to the
 Borrower, declare the entire unpaid principal amount of the Note, together with
 all interest accrued and unpaid thereon and all other Obligations of Borrower
 to the Bank to be forthwith due and payable, whereupon such amounts shall
 become and be forthwith due and payble without presentment, demand, protest or
 further notice of any kind, all of which are hereby expressly waived by the
 Borrower. Notwithstanding the foregoing, if any event described in Section
 3.1(f) shall occur, the entire unpaid principal amount of the Note, together
 with all interest accrued and unpaid thereon and all other Obligations of
 Borrower to the Bank shall automatically become due and payable without
 presentment, demand, protest or notice of any kind, all of which are hereby
 expressly waived by the Borrower. In addition, upon occurrence and during the
 continuance of an Event of Default, the obligation of the Bank to make any
 Subsequent Loans shall be suspended.

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SECTION 4. TERM OF AGREEMENT

     This Agreement shall continue in full force and effect and the security
interests granted in connection with the Loans pursuant to this Agreement and
the Security Agreement shall continue to be fully operative until all
Obligations owed by Borrower to Bank have been fully satisfied. If Bank is
required to repay or disgorge any payment made by or for the account of
Borrower, then the Obligations or part thereof intended to be satisfied by such
payment shall be revived and continue in full force and effect. Notwithstanding
that there may not be outstanding any Loans or Obligations owed by Borrower to
Bank at any time, this Agreement shall remain effective until terminated in
writing duly signed by an officer of Bank provided, however, that during any
period in which there are no outstanding Loans or Obligations owed by Borrower
to Bank, and no contingent liabilities of Borrower to Bank under outstanding
letters of credit, guarantees, unadvanced lines of credit or otherwise,
Borrower's obligation to perform the covenants in this Agreement shall be
suspended but shall be automatically revived and reinstated at such time as any
Loan or Obligation may thereafter be owed by Borrower to Bank. Bank shall, upon
30 days advance written request from Borrower, sign a written termination of
this Agreement if there are then no outstanding Loans or Obligations owed by
Borrower to Bank and no outstanding commitments, letters of credit or other
transactions which could thereafter result in any such Loans or Obligations or
the revival of any Obligations previously paid.

SECTION 5. REPRESENTATIONS, WARRANTIES AND COVENANTS

     To induce Bank to make Loans, Borrower warrants, represents and covenants
 that:

5.l [Intentionally Omitted]

5.2 Organization and Authority- The Borrower:

      (a)  Is a [ X ] business corporation; [_] not-for-profit corporation; [_]
           general partnership; [_] limited partnership; [_] trust; [_] sole
           proprietorship; [_] other__________, validly organized under the laws
           of the state of Delaware, with a principal place of business at 150
           Dan Road, Canton, Massachusetts 02021; or [_] an individual with a
           principal residence at ______________________________________.

     (b)  Now is, and will continue to be, validly existing and in good standing
          under the laws of its jurisdiction of organization, and qualified to
          do business as a foreign corporation, partnership or sole
          proprietorship in each jurisdiction where the failure to so qualify
          would materially and adversely affect the financial condition of the
          Borrower;

     (c)  Has and will continue to have all requisite power and authority and
          necessary licenses and permits to carry on its business.

5.3  Financial Statements- A copy of Borrower's [_] tax return [X] financial
statements for the fiscal year ended December 31, 2000 and the quarter ended
March 31, 2001 has been delivered to Bank. The balance sheet and statement of
income therein contained present fairly Borrower's financial position as of said
dates and the results of its operations for such periods and all other
information contained therein is true and complete without Material misstatement
or omission. Since March 31, 2001, there has been no adverse change in
Borrower's condition, financial or otherwise, and no Material adverse change in
the aggregate value of all Borrower's Property.
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5.4   Full Disclosure- The financial statements referred to in Section 5.3,
any other financial statements given to Bank regarding Borrower, any Guarantor
or any other Person, and any future financial information given to Bank in
connection with any Loan do not, nor does this Agreement or any written
statement delivered to Bank, contain any untrue statement of a Material fact or
omit a Material fact necessary to make the statements made therein not
misleading.

5.5   Title to Properties- Borrower has good and marketable title in fee simple
(or its equivalent) to any real property owned by it, and has good title to all
other Property it purports to own, free from Liens except as to which Borrower
has advised Bank in writing.

5.6   Transaction is Legal and Authorized- The execution and delivery of the
Loan Documents, the performance of the Obligations, the grant of a security
interest in the Collateral to Bank in accordance with the Loan Documents, and
the use of Loan proceeds are:

      (a) Within Borrower's powers, not in violation of any statute or
regulation and, if applicable, duly authorized and approved by Borrower's
shareholders and board of directors or partners; and

      (b) Valid, legal, binding and enforceable and will not conflict with or
result in any breach in any provisions of, or constitute a default under any
agreement to which Borrower is a party or result in creation of any Lien upon
any Property of Borrower other than Liens in favor of the Bank.

5.7   Taxes- Borrower has filed all tax returns required in any jurisdiction,
and all taxes, assessments, fees, and other governmental charges upon Borrower
or upon its Property, income or franchises, which are due and payable, have been
paid.

5.8   Broker's Fees- Borrower shall promptly pay all brokers', finders' or
similar fees payable in connection with any Loans. Borrower shall defend Bank
and hold it harmless from all claims of any Person for any such fees, including
reasonable attorney's fees and legal expenses.

5.9   Borrower's Conduct- Borrower is not engaged in any activity that might
constitute a pattern of racketeering activity or in any other conduct that would
subject Borrower's assets to forfeiture, and shall not engage in any such
activity. Borrower is and will remain in compliance with all federal, state and
local environmental laws, rules, regulations and administrative orders; has
secured and will maintain all permits and licenses necessary thereunder; does
not and will not manufacture, store, use or dispose of any hazardous waste or
toxic substances on Borrower's Property or on any premises occupied by Borrower;
has reviewed all relevant public records regarding prior use of said Property or
premises; has conducted all appropriate on-site inspections and tests for
possible contamination by hazardous wastes and toxic substances; and knows of no
such conditions the owner or operator of such Property or premises could be
compelled to correct under the aforesaid laws, rules, regulations and
administrative orders.

5.10  Subsidiaries-- Borrower has no subsidiaries other than Dan Capital Corp.,
a Delaware corporation, and ECM Pharma, Inc., a Delaware corporation
(collectively, the "Subsidiaries"),

5.11  Intellectual Property--Borrower owns or has a valid right to use all of
the patents, licenses, copyrights, trademarks and trade names now being used or
necessary to conduct its business, except to the extent that the failure to own
or have a valid right to use any of the foregoing would not, individually or in
the aggregate, have a Material adverse effect on the business, prospects, assets
or condition, financial or otherwise, of Borrower. The conduct of Borrower's
business as now operated does not conflict with valid patents, copyrights,
trademarks or trade names of others in any manner that could have a Material
adverse effect on the business, prospects, assets or condition, financial or
otherwise, of Borrower.
<PAGE>

5.12  Novartis Agreements--The License and Supply Agreement and the Securities
  Purchase Agreement each constitutes a valid and binding obligation of each of
  Borrower and Novartis and each is in full force and effect as of the date
  hereof; neither Borrower nor Novartis is in material default in the
  performance of its obligations thereunder. Borrower has given Novartis notice
  ("Put Exercise Notice") and taken any further action required under the
  Securities Purchase Agreement to exercise the Novartis Put with respect to a
  sale to Novartis of $10,000,000 of securities. Under the Securities Purchase
  Agreement, the closing of such exercise of the Novartis Put ("Novartis Put
  Closing") will occur on or prior to September 30, 2001.

5.13  Fleet Obligations--As of the date hereof, Borrower is indebted to Fleet
  in the principal amount of $3,600,000, together with accrued and unpaid
  interest of $____________ (and additional interest of $___ for each day such
  indebtedness remains outstanding subsequent to the date hereof). The payment
  by Borrower of its obligations to Fleet can be satisfied with the proceeds of
  the Loan as contemplated hereby without premium or penalty.
<PAGE>

SECTION 6.  FINANCIAL COVENANTS

       Borrower covenants that so long as any Obligation exists:

6.1  Payment of Taxes and Claims- Borrower will pay, before delinquent, any and
all obligations for borrowed money owed by Borrower to any Person and will pay
all other monetary obligations in accordance with past practice.

6.2  Maintenance of Properties and Legal Existence-  Borrower will:

       (a)  Maintain its Property in good order and repair and protect it from
hazards and perils, not expose it to risk of loss, destruction or dissipation,
keep it free of violations of law or regulation and make all necessary renewals,
repairs and replacements thereto;

       (b)  Maintain with financially sound and reputable insurers, insurance of
such types and in such amounts as is customary in the case of entities of
established reputations engaged in the same or a similar business and similarly
situated or as reasonably required by Bank.

       (c)  Exhibit its Property to Bank upon reasonable request.

       (d)  Keep true books of records and accounts in which full and correct
entries will be made.

6.3  Sale of Properties, Change of Location- Borrower will not, except in the
ordinary course of business, sell, lease, transfer, or otherwise dispose of or
move to another location any of its Property. No Collateral may be sold or
disposed of without Bank's prior written consent except for inventory sold in
the ordinary course of business. Borrower shall notify Bank in advance of any
change in the location of any Collateral and shall sign any financing statements
that may be requested by Bank in order to perfect the security interest in such
Collateral at such new location. Borrower will not transfer any of its Property
except for full value in money or money's worth.

6.4  Liens- Borrower will not allow any of its Property, whether now owned or
hereafter acquired, to be subject to a Lien (other than Liens in favor of Bank
and Liens expressly approved by the Bank in writing).

6.5  Current Debt- Borrower will not incur any Current Debt other than the
current portion of the Obligations and indebtedness incurred in the ordinary
course of business payable within one (1) year.

6.6  Guaranties- Borrower will not become or be liable in respect of any
guaranty except for the endorsement in the ordinary course of business of
negotiable instruments for deposit or collection.

6.7  Changes in Collateral- Borrower shall immediately notify Bank of the
acquisition and location of any Property constituting Collateral not acquired as
inventory or as accounts generated from inventory.
<PAGE>

6.8  Maintenance of Bank Deposit Accounts- Borrower will maintain all of its
bank deposit accounts at the Bank.

6.9  Satisfaction of Closing Conditions- Borrower will cause the conditions to
the obligations of Novartis set forth in Section 5.1 through 5.9 and in Section
5.11 or 5.12 of the Securities Purchase Agreement to be satisfied.

6.10 [Intentionally Omitted]

SECTION 7.  INFORMATION AS TO BORROWER

7.1  Financial Statements- Borrower shall submit to Bank, as soon as practicable
     and in all events within 90 days after the end of each Fiscal Year for
     annual statements and within 45 days after the end of each period for other
     statements, [ X] Annual [X] Quarterly [X] Semi-Annual financial statements
     including (i) balance sheets of Borrower as at the end of such period; (ii)
     statements of income of Borrower for such period; (iii) statement of cash
     flows of Borrower for such period; (iv) if applicable, statements of
     changes in stockholder equity of Borrower during such period; (v) a
     statement of changes of accounting policies, presentation or principles
     during such period; (vi) notes to such financial statements; and (vii) if
     required by Bank, a statement itemizing fixed asset acquisition and
     disposition of Borrower during such period. Each of the above shall set
     forth comparative data for the previous period. Annual statements shall be
     accompanied by an opinion thereon of an independent certified public
     accountant (unless expressly waived in writing by Bank). Quarterly or semi-
     annual statements shall be certified as complete and correct by a chief
     financial officer of Borrower. All such financial statements shall be
     prepared in accordance with generally accepted accounting principles,
     consistently applied. If Borrower is part of a consolidated group for
     financial reporting purposes, separate financial statements on an
     unconsolidated basis shall be provided upon request of Bank in addition to
     Consolidated Statements. Borrower shall also submit to Bank for each
     calendar month commencing with the month of June 2001, within 10 days
     following the end of such month, an accounts receivable aging report in a
     form reasonably satisfactory to Bank.

      Upon request of Bank, Borrower shall also submit comparable financial
statements for any Guarantor of any Loan.

      Borrower shall also submit, with reasonable promptness, such other data
and information as may be requested by Bank.

7.2  Inspection- At Borrower's expense, Borrower shall permit Bank or its
representatives to inspect its books of accounts and such other papers as it
may desire, and its Property.  Borrower shall supply copies of such records and
papers as Bank may request.  Bank may discuss Borrower's affairs, finances, and
accounts with Borrower's officers, employees, and independent public
accountants (and by this provision Borrower hereby authorizes said accountants
to discuss Borrower's finances and affairs with Bank).

SECTION 8.  APPLICATION OF CODE TO AGREEMENT

      Any provisions hereof that might conflict with any provision of the Code
shall be deemed to supersede such Code provision to the extent permitted by law,
and if not so permitted, to be modified so as not to be inconsistent with the
Code.
<PAGE>

SECTION 9.  MISCELLANEOUS

9.1 Expenses- Borrower will pay all expenses relating to this Agreement,
including but not limited to:

     (a)  All costs, outlays, attorney's fees and expenses incurred in the
          protection or enforcement of any of Bank's rights under the Loan
          Documents or rights to any Collateral;

     (b)  All taxes levied against or paid by Bank (other than taxes on, or
          measured by, Bank's income) and all filing and recording fees, costs
          and expenses incurred by Bank in connection with the Loans or any
          Collateral;

     (c)  All out-of-pocket expenses incurred by the Bank, including the fees,
          charges and disbursements of its counsel, in connection with the
          preparation and administration of the Loan Documents or any
          amendments, modifications or waivers of the provisions thereof and the
          consummation of the transactions contemplated hereby and thereby
          (whether or not the transactions contemplated hereby or thereby shall
          be consummated); and

     (d)  The fees referred to in Schedule A hereto.

     Borrower's obligations under this Section 9.1 shall survive termination of
this Agreement and final payment of all Borrower's Obligations.

9.2 Successors and Assigns- All representations, warranties, covenants,
provisions and agreements by or on behalf of Borrower shall inure to the benefit
of Bank's successors and assigns.

9.3 Notices- Unless a different method of notice is specified in any Loan
Document, all notices or demands required under any of the Loan Documents shall
be in writing and personally delivered or sent by certified mail, return receipt
requested or by overnight courier. Notices shall be deemed received, two
business days after deposited in a United States Post Office Box, postage
prepaid, or one business day after delivery to an overnight courier, properly
addressed to the mailing address stated at the beginning of this Agreement, or
such other address as may be specified by like notice, or on the day personally
delivered.

9.4 Governing Law- This Agreement shall be governed by and construed in
accordance with the laws of the State of New York.

9.5 Collection and Litigation- Borrower agrees to pay any and all costs and
expenses incurred in the collection of the Obligations or the enforcement or
interpretation of any provisions of the Loan Documents (including attorneys'
fees whether or not litigation is commenced). Borrower expressly waives any and
every right to impose any counterclaim, setoff or defense in any action or
proceeding brought hereunder, except for the defense of payment. Borrower agrees
to submit to the jurisdiction of the Supreme Court of the State of New York and
agrees that personal jurisdiction over Borrower shall rest with such court for
all purposes. Borrower does now and hereby appoint the President of Bank, or his
successor in office, as the Borrower's agent to receive service of process in
any action commenced against it by Bank if Borrower cannot be found and served
with reasonable diligence within the State of New York. Such service shall be
effective when a copy of such process is mailed, certified mail, return receipt
requested, by such President or his designee to Borrower at the address set
forth at the beginning of this Agreement or such other address as to which
notice is given to such President in accordance with Section 9.3.

9.6 Application of Payments- Any payment received by Bank from or for the
account of Borrower may be allocated by Bank to whichever outstanding Loan or
other Obligation Bank selects in its sole discretion, regardless of whether Bank
may be directed by Borrower or any other Person to apply said
<PAGE>

payment to a designated Obligation. No notation on any payment that the same
constitutes payment in full or is an accord and satisfaction, or to any similar
effect, shall be valid to constitute a release, waiver, compromise or
satisfaction even if no reservation of rights is expressed or taken by Bank.

9.7    Actions for Bank's Sole Benefit; Advice and Recommendation- Any
       inspection, appraisal, testing, audit, report or other analysis related
       to Borrower, any Guarantor or any Collateral which is prepared by Bank or
       by any other Person at the request of Bank shall be solely for the use of
       Bank, regardless of whether the same may be paid for by Borrower.
       Borrower shall have no claim against Bank with respect to any of same or
       any inaccuracy contained therein and Borrower may rely thereon only at
       Borrower's risk. Any advice or recommendation given by Bank to Borrower
       regarding Borrower's financial condition, business operations or any
       other matter shall be deemed given solely for the benefit of Bank and may
       be relied upon by Borrower at its sole risk. No advice or recommendation
       given by Bank to Borrower shall create any duty on behalf of Bank and
       Borrower shall have no claim against Bank arising out of such advice or
       recommendation. Bank shall not under any circumstance be deemed to owe
       any fiduciary duty to Borrower for any matter arising out of the Loan
       Documents or the relationship between Bank and Borrower and Bank has no
       duty or responsibility to advise Borrower regarding the conduct of its
       business or financial affairs.

SECTION 10.  CONTINUANCE OF REPRESENTATIONS, WARRANTIES AND COVENANTS

10.1.  Representations- Any representation of Borrower in any Loan Documents
shall be deemed renewed and restated upon Borrower's acceptance of any
refinancing or new Loans by Bank.

10.2.  Warranties and Covenants- All warranties and covenants in the Loan
Documents shall be continuing and shall remain in full force and effect as long
as any Obligations are outstanding from Borrower to Bank.

10.3   Survival-  All warranties, representations and covenants made by
Borrower herein or in any certificate or other instrument delivered by it or on
its behalf shall be considered to have been relied upon by Bank in making Loans
and shall survive delivery to Bank of the Loan Documents.

SECTION 11.  INTERPRETATION OF THIS AGREEMENT

11.1   Terms Defined-  As used herein, the following terms shall have the
meanings set forth below.  The meanings set forth in this Section 11.1 shall
also apply, to the extent appropriate, in defining any capitalized terms used
in this Agreement which are in the plural rather than singular form or which
constitute different parts of speech or different tenses derived from the same
word as is defined below.

       (a)  Affiliate - Any Person which, directly or indirectly, is Controlled
by or Controls another Person, or any Person which, with another Person, is
directly or indirectly under the common Control of a third Person. As to an
individual, the term Affiliate includes members of the immediate family of the
individual.

       (b)  Agreement - This document.

       (c)  Borrower Letter--That certain letter, dated the date of this
Agreement, from the Borrower to the Bank.

       (d)  Business Day--Any day other a Saturday, Sunday, Federal public
holiday or any other holiday on which banks in New York City are authorized to
close.

       (e)  As used herein, the term "Code" shall mean the New York Uniform
Commercial Code.
<PAGE>

     (f)  Collateral - All Property in which Bank has been, or is hereafter,
granted a lien or security interest in the Loan Documents or any security
agreement, promissory note, real property mortgage or other document, or by
possession.

     (g)  Control - The ability or right to direct the management or affairs of
a Person including, without limitation, the ownership of twenty percent of any
class of equity securities, membership on the Board of Directors, the status of
a general partner or trustee or the status of an executive officer, whether or
not possessing such title.

     (h)  Current Debt--All monetary liabilities payable on demand or within one
year from that date on which the determination of Current Debt is made.

     (i)  Default - An event or condition the occurrence of which would, with a
lapse of time and/or the giving of notice, become an Event of Default.

     (j)  Event of Default - As used herein, the term "Event of Default" shall
have the same meaning as given in Section 3.1 hereof.

     (k)  Fiscal Year - Years ending on December 31.

     (l)  Fleet--Fleet National Bank.

     (m)  Fleet Loan Documents--The Letter Agreement, dated November 12, 1999,
between Borrower and Fleet, as amended to date, together with all notes,
security agreement and other documents or agreements to which Borrower or any of
its Affiliates is a party, evidencing any loans or other obligations of Borrower
to Fleet.

     (n)  Guarantor - Any Person who guarantees all or any part of the Loans or
other Obligations.

     (o)  License and Supply Agreement--the License and Supply Agreement, dated
as of January 17, 1996, as amended and supplemented from time to time, including
without limitation the Amendment to the License and Supply Agreement, dated
January 22/February 4, 1998, Addendum to the License and Supply Agreement, dated
March 23, 1998, Addendum II to the License and Supply Agreement, dated September
4, 1998, Addendum, dated March 15, 2000, to the License and Supply Agreement and
Amendment V to the License and Supply Agreement, dated as of January 2, 2001,
between Borrower and Novartis AG (formerly Sandoz Pharma Ltd.) ("Novartis").

     (p)  Lien - Any interest in Property securing an obligation owed to, or a
claim by, a Person other than the owner of the Property subject to the Lien,
whether based on common law, statute or contract.

     (q)  Loan - Any advance or forbearance by Bank to, or for the benefit of,
or at the request of, Borrower, including but not limited to the Initial Loan
and any Subsequent Loans, loans and advances thereof evidenced by promissory
notes, advances pursuant to revolving lines of credit or letters of credit
issued at the request of or benefiting Borrower, advances to others guaranteed
by Borrower, account overdrafts and discounts of drafts or commercial paper.
The term "Loan" shall include all Loans whether now existing or hereafter
arising and whether originally made or given by the Bank or acquired by the
Bank from another Person.

     (r)  Loan Documents -  This Agreement, the Note, the Security Agreement,
the Pledge Agreement, the Borrower Letter and any other documents executed by
Borrower related to Loans or Obligations (including, but not limited to,
promissory notes, drafts, bills of exchange, security agreements, mortgages,
assignments of leases and rents, guarantees, hypothecations, pledges, letter of
credit applications, or bank account agreements), any other documents between
Borrower and Bank regardless of whether a third person is party to such
document and all documents evidencing Obligations owed by Borrower to Bank;
regardless of whether the Bank was an originally named party or beneficiary of
such Loan Document or the same later acquired by Bank by purchase, assignment,
transfer or otherwise.
<PAGE>

     (s)  Material - As used herein, the term "Material" shall have the same
meaning given to it in interpreting Section 10(b) of the Securities Exchange
Act of 1934.

     (t)  Note--The $5,000,000 principal amount Secured Revolving Credit
Promissory Note of Borrower payable to the Bank conforming in form and substance
to Exhibit A hereto

     (u)  Novartis Put--The right of Borrower under the Securities Purchase
Agreement to sell to Novartis up to $20,000,000 of Borrower's securities, upon
the terms and conditions set forth in the Securities Purchase Agreement.

     (v)  Obligations - All sums previously, simultaneously herewith or in the
future loaned or advanced by Bank to, or for the benefit of, or at the request
of, Borrower, with interest thereon, and any and all other obligations or
liabilities of Borrower to Bank of any and every kind, now existing or hereafter
arising, whether joint or several, direct, indirect, primary, secondary, fixed,
or contingent, whether for the payment of money or the performance of any act or
the forbearance in the performance of any act, or arising under any guaranty
agreements with Bank, including but not limited to legal fees, expenses and the
like arising in connection with any of same.

     (w)  Person - An individual, partnership, corporation, trust,
unincorporated organization, association, or a government or agency or political
subdivision thereof.

     (x)  Pledge and Security Agreement--The Pledge and Security Agreement,
dated the date hereof, between Borrower and the Bank, conforming in form and
sbustance to Exhibit B hereto, pursuant to which the Borrower has granted the
Bank a first priority security interest in all of the Cash Collateral Account
and certain other Property to secure the Obligations

     (y)  Property - All real or personal property, whether tangible or
intangible, including without limitation, all goods, inventory, accounts, loans,
instruments, documents of title, policies and certificates of insurance,
securities, chattel paper, deposits, cash, choices in action, claims, suits, and
general intangibles, contract rights and tort claims.

     (z)  Put Exercise Notice--The notice given by Borrower to Novartis pursuant
to Section 1.1(a) of the Securities Purchase Agreement on or about the date
hereof with respect to the proposed sale of $10,000,000 of securities by
Borrower to Novartis.

     (aa) Securities Purchase Agreement--The Securities Purchase Agreement,
dated as of February 23, 2001, between Borrower and Novartis.

     (bb) Security Agreement--The Security Agreement, dated the date hereof,
between Borrower and the Bank conforming in form and substance to Exhibit C
hereto pursuant to which the Borrower has granted the Bank a first priority
security interest in all of its assets and properties to secure the Obligations.

     (cc) Short Term Loan - Any Loan evidenced by a promissory note payable on
demand or with an original stated maturity of one year or less.

     (dd) Termination Date--The second anniversary of the date of this
Agreement.

11.2 Other Agreements- Rights and remedies granted to Bank by Borrower hereunder
are cumulative and in addition to the rights granted by every other present or
future agreement of Borrower and no such agreement shall be construed to limit,
restrict or otherwise modify in any way the rights given hereby, except as the
intent to limit is expressly set forth in such agreement, and likewise no
provision hereof shall be deemed to limit, restrict or otherwise modify in any
way any rights granted to Bank by other agreement of Borrower. All agreements
herein contained and contained in any such other agreement, whether typed or
otherwise, shall be fully effective and fully enforceable in favor of Bank and
against Borrower, except that if there be a conflict in the degree of identical
items to be provided to Bank, the agreement requiring the higher or greater
degree shall
<PAGE>

prevail, but if there be such conflict in the provision of items which are
similar but not identical, they shall be read and interpreted separately and
Borrower shall furnish all such items to Bank as required by both or all such
provisions.

11.3  Waiver, Delay or Modification- Bank shall not by any act, delay, omission
or otherwise be deemed to have waived any rights or remedies it may have under
any of the Loan Documents. Any waiver by Bank of any of its rights under any of
the Loan Documents on any occasion shall not bar any right or remedy which Bank
would otherwise have had on any future occasion. The failure by Bank to insist
upon strict performance of each and all of the terms and conditions of the Loan
Documents shall not be construed or deemed to be a waiver of any such term or
condition. No agreement unless signed by a duly authorized officer of the Bank
and no course of dealing or oral agreement between Borrower and Bank shall be
effective to modify, extend, renew, release or discharge, in whole or in part,
any Loans or Obligations of Borrower or any provision in any of the Loan
Documents. Without limiting the generality of the preceding provisions of this
Section, no discussions, oral agreements or understandings, or other
communications of any kind between the Bank and the Borrower or any other Person
obligated on any Loan, related to any extension, refinancing, forbearance or
other amendment of any obligations owed to Bank in connection with any Loan,
whether prior to or after the occurrence of an Event of Default, shall be
binding upon the Bank unless the same are in writing and signed by a duly
authorized officer of the Bank.
Borrower hereby waives diligence, presentment, demand, extension of time for
payment, notice of dishonor, protest, and all other notices whatsoever, and
agrees that the Bank may, from time to time, extend or renew the Note or any
other Obligations of Borrower to the Bank for any period (whether or not longer
than the original period of the Note or such other Obligations) and grant any
releases, compromises, extensions, renewals, or indulgences with respect to the
Note or any such other Obligations of the Borrower, all without notice to or
consent of Borrower andf without affecting the obligations of Borrower or any
guarantor.  It is expressly agreed that such waiver is reasonable under the
circumstances.

11.4  Assignability- Bank may, in whole or in part, in one or more transactions,
assign this Agreement, or assign or endorse any Loan Documents at any time, and
may transfer to its assignee(s) or endorsee(s) all or any part of the
Collateral, and will have no further liability to Borrower with respect to any
item so assigned. This Agreement may not be assigned by Borrower.

11.5  Implied Obligations- No obligations, duties or responsibilities shall be
implied against the Bank either in any agreement or by law and the Bank shall be
bound only by express, explicit obligations which are either contained in any
agreement duly executed and delivered by it or imposed by law.

11.6  Joint and Several Liability- Borrower shall be jointly and severally
liable with all other obligors on all Loans or other Obligations owed to Bank
and on all other representations, warranties and covenants contained in the Loan
Documents. The duties and obligations of any other obligor shall not in any way
reduce or affect the duties or obligations owed by Borrower to Bank. Bank may
release any other obligor or Guarantor on any Loan or Obligation or amend,
modify or terminate the obligations of such other obligor or Guarantor, or
release any collateral given by any other Person, in whatever manner Bank deems
appropriate in its sole discretion, without in any way affecting the duties and
obligations of Borrower.

11.7  Indemnification--Borrower hereby agrees to indemnify and hold the BAnk
harmless from any and all costs, damages, losses, expenses, and fees (including,
without limitation, attorneys' fees and expenses) incurred or suffered by the
Bank in connection with this Agreement, the other Loan Documents or the
transactions contemplated hereby, except for those costs, damages, losses,
expenses and fees resulting from the Bank's own willful misconduct or gross
negligence.
<PAGE>

11.8  Captions- The captions contained herein are for convenience only and shall
not be used in the interpretation hereof.

11.9  Severability- If any provision hereof is found to be unenforceable by a
court of competent jurisdiction, then the remainder of this Agreement shall
remain fully enforceable as though such unenforceable provision had never been
included herein. Any provision hereof not enforceable under applicable law shall
be deemed null and void and shall have no effect on remaining portions hereof.

SECTION 12.  WAIVER OF TRIAL BY JURY

BANK AND BORROWER ACKNOWLEDGE AND AGREE THAT ANY CONTROVERSY ARISING IN
CONNECTION WITH THIS AGREEMENT WOULD INVOLVE COMPLEX ISSUES NOT READILY
UNDERSTOOD BY PERSONS LACKING SOPHISTICATION IN MATTERS OF BUSINESS AND FINANCE,
AND THEREFORE WAIVE TRIAL BY JURY IN ANY ACTION OR PROCEEDING IN ANY COURT
RELATED TO THIS AGREEMENT, ANY LOAN DOCUMENT, OR ANY LOAN OR OBLIGATION.

                 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
<PAGE>

          IN WITNESS WHEREOF, the parties have executed this Agreement on the
day and year first above written.

Organogenesis Inc.                           The Berkshire Bank

By: /s/ John J. Arcari                       By:
   -------------------------------              -------------------------
   Name:  John J. Arcari                        Name:
   Title: Chief Financial Officer               Title:

COMMONWEALTH OF MASSACHUSETTS

NORFOLK, SS.                                 June 29, 2001

     Then personally appeared the above named John Arcari, in his capacity as
Chief Financial Officer, Secretary and Treasurer of Organogenesis Inc.(the
"Corporation") and acknowledged the foregoing to be his free act and deed in his
capacity as Chief Financial Officer, Secretary and Treasurer of the Corporation.

     Before me.
                                                  ______________________________
                                                       Notary Public
                                                  My Commission Expires:

  SIGNATURE PAGE TO REVOLVING CREDIT AGREEMENT, DATED JUNE 29, 2001, BETWEEN
                  ORGANOGENESIS INC. AND THE BERKSHIRE BANK]
<PAGE>

                                  SCHEDULE A
                       TO THE REVOLVING CREDIT AGREEMENT
                              DATED JUNE 29, 2001
                                    BETWEEN
                   ORGANOGENESIS INC. AND THE BERKSHIRE BANK
  (Capitalized terms used in this Schedule A and not otherwise defined shall
  have the meanings ascribed to them in the Loan Agreement and the Security
                                  Agreement)

1.   Loans--Subject to the terms and conditions hereinafter set forth and set
     forth in the other Loan Documents, the Bank will make Loans to Borrower
     during the period commencing on the date of the Loan Agreement ("Closing
     Date") through the Termination Date in an outstanding principal amount not
     exceeding $5,000,000 in the aggregate. The Loans will be evidenced by the
     Note and all Loans together with all other Obligations of Borrower arising
     under this Agreement and the other Loan Documents shall constitute one
     general obligation of Borrower, secured by a first priority security
     interest in all of the Collateral. The Bank will make an initial Loan (the
     "Initial Loan") to Borrower on the Closing Date in the principal amount of
     $5,000,000. The proceeds of the Initial Loan will be deposited in the Cash
     Collateral Account and will be used solely for the purposes set forth in
     Section 3 below.

2.   Interest--Outstanding Loans will bear interest at an annual rate equal to
     the Bank's Prime Rate plus two (2%) percent. "Prime Rate" means the rate
     announced from time to time by the Bank at its offices in New York City as
     its Prime Rate provided, that the Bank may make loans at rates which are
     greater or less than its Prime Rate. Changes in the Prime Rate shall be
     effective from the opening of business on the date each such change is
     announced. Interest shall be calculated on the basis of a 360-day year for
     the actual number of days elapsed, and shall be payable to the Bank on the
     last Business Day of each month and at the time any principal hereunder is
     repaid. If any principal or interest is not paid in full when due, Borrower
     agrees to pay interest on the amount in default, payable on demand, at an
     annual rate of 4% above the interest rate that would otherwise be payable
     on the outstanding principal amount of the Loans from the due date until
     such amount is paid in full.

3.   Conditions--Prior to making the Initial Loan and any release of the
     proceeds thereof from the Cash Collateral Account, Borrower shall deliver
     or cause to be delivered to the Bank duly executed copies of the Agreement,
     the Security Agreement, the Pledge Agreement, the Note, the opinion of
     Mintz Levin Cohn Ferris Glovsky and Popeo P.C. and the other documents and
     items listed on the List of Closing Documents delivered herewith by the
     Bank to the Borrower, all of which, as well as all legal matters incident
     to the transactions contemplated hereby, shall be satisfactory in form and
     substance to the Bank and its counsel. Without limiting the foregoing, the
     Initial Loan and each Subsequent Loan is subject to the further conditions
     precedent that on the date on which such Loan is made and after giving
     effect thereto:

          (a)  all statements, representations and warranties of Borrower made
               in any of the Loan Documents shall have been true and correct
               when made and continue to be true and correct as of the date of
               such Loan and such release;

          (b)  all covenants and agreements of Borrower contained in any of the
               Loan Documents shall have been complied with in all material
               respects on and as of the date of such Loan and such release;
<PAGE>

          (c)  on or prior to the date of the Initial Loan, Borrower shall have
               paid Bank a fee in immediately available funds equal to 0.25% of
               the principal amount of the Initial Loan (or $12,500) and an
               application fee of $1,000, which fees shall not be refundable in
               any circumstances;

          (d)  Borrower shall have paid the out-of-pocket expenses incurred by
               the Bank, including the reasonable fees, charges and
               disbursements of counsel for the Bank, in connection with the
               preparation of Loan Documents and the consummation of the
               transactions contemplated hereby and thereby, incurred through
               the date of the invoices presented) upon presentation of invoices
               therefor;

          (e)  Borrower shall have paid accrued interest on the Initial Loan
               through June 30, 2001;

          (f)  no event which constitutes, or which with notice or lapse of time
               of both could constitute, an Event of Default shall have occurred
               and be continuing; and

          (g)  no other Material adverse change shall have occurred in the
               financial condition of the Borrower from that disclosed in the
               financial statements furnished to the Bank.

4. Use and Disbursement of Initial Loan Proceeds; Cash Collateral Account--(a)
At the Closing, the proceeds of the Initial Loan will be deposited into a cash
collateral account with the Bank (Account No. 3011135), in the Bank's name and
for its benefit (the "Cash Collateral Account"), to be held by the Bank in
accordance with this Section 4 as additional Collateral for the payment and
performance of the Obligations of Borrower under the Loan Documents. The Bank
shall have exclusive dominion and control, including the exclusive right of
withdrawal, over the Cash Collateral Account. If no Event of Default has
occurred and is continuing, all of the conditions set forth in Section 3 above
have been satisfied and the Bank has received executed originals of all Loan
Documents, the Bank shall, upon receipt of written notice from Borrower and
against delivery to the Bank of UCC termination statements and other evidences
of the release of all liens granted by Borrower to Fleet (the "Fleet Liens"),
duly executed by Fleet and evidence that the Borrower has duly exercised the
Novartis Put with respect to the purchase of $10,000,000 of Borrower's
securities, in each case satisfactory in form and substance to the Bank and its
counsel, the Bank shall release funds from the Cash Collateral Account, in such
amount and in accordance with wire transfer instructions set forth in Borrower's
notice, sufficient to satisfy in full all obligations of Borrower to Fleet under
the Fleet Loan Documents ("Fleet Obligations"). Following payment in full of the
Fleet Obligations and release of the Fleet Liens, if no Event of Default has
occurred and is continuing, all proceeds of the Initial Loan (together with
accrued interest thereon as provided below) remaining in the Cash Collateral
Account will be released to Borrower for use by Borrower for working capital and
other corporate purposes of Borrower in accordance with the Loan Documents.

   (b)  All funds deposited in the Cash Collateral Account will bear interest at
a rate that is adjustable by the Bank from time to time based upon market
conditions. Such rate will initially be 3.75% per annum. Interest shall
accumulate in the Cash Collateral Account and shall be released to Borrower upon
release of other funds in the Cash Collateral Account, except that if the
maturity of the Loan is accelerated upon the occurrence of an Event of Default,
such interest together with all other amounts held in the Cash Collateral
Account, shall be applied by the Bank to the satisfaction of Obligations of
Borrower to the Bank under the Loan Documents.

5. Subsequent Loans (a) At any time or from time to time subsequent to the date
on which the Bank makes the Initial Loan to Borrower and prior to the
Termination Date, the Bank agrees to make revolving Loans ("Subsequent Loans")
to the Borrower in an aggregate principal amount that (including then then
outstanding principal amount of the Initial Loan) does not exceed the lesser of:
(a) $5,000,000 and (b) the Borrowing Base. Subject to the terms and conditions
hereof and of the
<PAGE>

other Loan Documents, Borrower may from time to time borrow, repay and reborrow
under this Agreement.
As used herein, "Borrowing Base" shall mean 65% of Borrower's Eligible Accounts,
as such percentage may be increased or decreased pursuant to Section 5(b)
hereof, minus reserves established by the Bank from time to time pursuant to
Section 5(d) hereof. Subject to the terms and conditions hereof, each Subsequent
Loan shall be made on notice given by Borrower to the Bank no later than 12:00
noon on the Business Day preceding the date of the proposed Loan.

     (b) "Eligible Accounts" shall mean the gross outstanding balance, less all
finance charges, late fees and other fees which are unearned, of Accounts
arising out of the lease or sale of goods or services by Borrower in the
ordinary course of its business which the Bank, shall in its sole and absolute
discretion deem eligible, subject to such reserves as the Bank may establish
from time to time,.in each case based upon the Bank's customary credit
considerations and verification procedures as determined by the Bank in its sole
and absolute discretion. "Accounts" shall mean all Borrower's accounts, accounts
receivable, other receivables, contract rights, chattel paper, instruments,
documents, and notes, whether now owned or hereinafter acquired by Borrower.

     (c)  Borrower acknowledges that the advance ratio against Eligible Accounts
provided for in the definition of "Borrowing Base" has been established based
upon the Bank's determination of the loan value of Borrower's Eligible Accounts
as of the date of this Agreement, and that the Bank may, at any time or times
hereafter, based on the Bank's customary credit considerations as determined by
the Bank in its sole and absolute discretion, increase or decrease the ratio of
Loans against Eligible Accounts and any such increase or decrease shall become
effective immediately upon the Bank's giving notice thereof to Borrower,
specifying the reasons therefor.

     (d)  The Bank shall have the right to establish reserves against Eligible
Accounts, as contemplated in the definition thereof, and shall also have the
right to establish reserves of the kind contemplated in the definition of
Borrowing Base in such amounts, and with respect to such matters, as the Bank,
based on the Bank's customary credit considerations, shall in its sole and
absolute discretion deem necessary or appropriate.

6.   Conditions to Subsequent Loans. It shall be a further condition to the
obligation of the Bank to make any Subsequent Loan that the aggregate unpaid
principal amount of the Loans after giving effect to such Subsequent Loan shall
not exceed the lesser of (i) $5,000,000 and (ii) the Borrowing Base. The
acceptance by Borrower of the proceeds of any Loan shall be deemed to
constitute, as of the date of such acceptance, (i) a representation and warranty
by Borrower that the conditions set forth in this Section 5, as well as the
conditions set forth in Section 3 above, have been satisfied and (ii) a
confirmation by Borrower of the granting and continuance of the Bank's lien in
and security interest pursuant to the Security Agreement and the other Loan
Documents.

7.   Payments. (a) The outstanding principal amount of the Loans is payable in a
single installment on the Termination Date. The Borrower may prepay the
outstanding principal amount of the Loans in whole or in part at any time
without penalty, provided that the Borrower pays all accrued interest on the
principal amount prepaid. Any partial prepayment shall not postpone the due date
of any other payment. Interest shall be payable as provided in Section 2 above.

     (b)  If any payment of principal or interest falls due on a day other than
a Business Day, such payment shall be payable on the next succeeding Business
Day, with interest accruing thereon until the date of payment thereof.

     (c)  All payments of principal and interest shall be made in lawful money
of the United States of America in same day funds to the Bank at its offices
located at 600 Madison Avenue, 11th
<PAGE>

Floor, New York, New York 10022 or at such other place as the Bank may specify.
Bank will make a notation on the Note of all principal payments and payments of
interest made thereunder and of the date to which interest hereon has been paid;
provided, however, that the failure to make any such notation shall not limit or
--------  -------
otherwise affect the obligations of Borrower with respect to payments of
principal or interest.

                 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
<PAGE>

          SIGNATURE PAGE TO SCHEDULE A TO REVOLVING CREDIT AGREEMENT,
    DATED JUNE 29, 2001, BETWEEN ORGANOGENESIS INC. AND THE BERKSHIRE BANK

  Borrower:                             Bank:

  ORGANOGENESIS INC.                    THE BERKSHIRE BANK

  By: /s/ John J. Arcari                 By:
    -----------------------                ------------------------
    Name:  John J. Arcari                  Name:
    Title: Chief Financial Officer         Title:

COMMONWEALTH OF MASSACHUSETTS

NORFOLK, SS.                            June 29, 2001

     Then personally appeared the above named John Arcari, in his capacity as
Chief Financial Officer, Secretary and Treasurer of Organogenesis Inc.(the
"Corporation") and acknowledged the foregoing to be his free act and deed in his
capacity as Chief Financial Officer, Secretary and Treasurer of such
Corporation.

 Before me.
                                                  ______________________________
                                                          Notary Public
                                                  My Commission Expires:
<PAGE>

                       SECURED REVOLVING PROMISSORY NOTE

$5,000,000                                                         June 29, 2001
                                                              New York, New York

          FOR VALUE RECEIVED, ORGANOGENESIS INC., a Delaware corporation, (the
"Borrower"), promises to pay to the order of The Berkshire Bank ("Bank") or its
registered assigns, on or before the Termination Date, the lesser of (x) the
unpaid principal amount of all Loans made by Bank and (y) $5,000,000, and all
other amounts owed by Borrower to Bank under the Loan Agreement referred to
below.  All capitalized terms used herein, unless otherwise specifically defined
herein, shall have the meanings ascribed to them in the Loan Agreement (as
hereinafter defined).

          Borrower also promises to pay interest on the unpaid principal amount
hereof, from the date hereof until paid in full, at the rates and at the times
which shall be determined in accordance with the provisions of that certain
Revolving Credit Agreement between Borrower and Bank dated as of the date hereof
(as amended from time to time, the "Loan Agreement").
                                    --------------

          This Secured Revolving Promissory Note is the "Note" referred to in
the Loan Agreement in an aggregate principal amount not to exceed $5,000,000 and
is issued pursuant to and entitled to the benefits of the Loan Agreement and the
other Loan Documents including without limitation the Security Agreement and the
Pledge Agreement, to which reference is hereby made for a more complete
statement of the terms and conditions under which the Loans evidenced hereby
were made and are to be repaid and the security granted to the Bank therefor.

          All payments of principal and interest in respect of this Note shall
be made in lawful money of the United States of America in same day funds as set
forth in the Loan Agreement.  Bank hereby agrees, by its acceptance hereof, that
it will make a notation hereon of all principal payments and payments of
interest made hereunder and of the date to which interest hereon has been paid;
provided, however, that the failure to make a notation of any payment made on
--------  -------
this Note shall not limit or otherwise affect the obligations of Borrower
hereunder with respect to payments of principal of or interest on this Note.

          Whenever any payment on this Note shall be stated to be due on a day
which is not a Business Day, such payment shall be made on the next succeeding
Business Day and such extension of time shall be included in the computation of
the payment of interest on this Note.

          THIS NOTE AND THE RIGHTS AND OBLIGATIONS OF BORROWER AND BANK
HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN
ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION
5-1401 OF THE

                                      A-1
<PAGE>

GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD TO CONFLICTS
OF LAWS PRINCIPLES.

          Upon the occurrence and during the continuance of an Event of Default,
the unpaid balance of the principal amount of this Note, together with all
accrued and unpaid interest thereon, may become, or may be declared to be, due
and payable in the manner, upon the conditions and with the effect provided in
the Loan Agreement.

          The terms of this Note are subject to amendment only in the manner
provided in the Loan Agreement.

          No reference herein to the Loan Agreement and no provision of this
Note or the Loan Agreement or any other Loan Document shall alter or impair the
obligations of the Borrower, which are absolute and unconditional, to pay the
principal of and interest on this Note at the place, at the respective times,
and in the currency herein prescribed.

          Borrower promise to pay all costs and expenses, including reasonable
attorneys' fees, all as provided in the Loan Agreement and the other Loan
Documents, incurred in the collection and enforcement of this Note.  The
Borrower and any guarantors or endorsers of this Note hereby consent to renewals
and extensions of time at or after the maturity hereof, without notice, and
hereby waive diligence, presentment, protest, demand and notice of every kind
and, to the full extent permitted by law, the right to plead any statute of
limitations as a defense to any demand hereunder.

               [Remainder of this page intentionally left blank]

                                      A-2
<PAGE>

          IN WITNESS WHEREOF, Borrower has caused this Secured Revolving
Promissory Note to be duly executed and delivered by its officer thereunto duly
authorized as of the date and at the place first written above.

                                        ORGANOGENESIS INC.

                                        By: ____________________________________
                                            Name:  _____________________________
                                            Title: _____________________________

COMMONWEALTH OF MASSACHUSETTS

NORFOLK, SS.                                           June 29, 2001

          Then personally appeared the above named John Arcari, in his capacity
as Chief Financial Officer, Secretary and Treasurer of Organogenesis Inc.(the
"Corporation") and acknowledged the foregoing to be his free act and deed in his
capacity as Chief Financial Officer, Secretary and Treasurer of the Corporation.

          Before me.
                                                       _________________________
                                                            Notary Public
                                                       My Commission Expires:

                  [Signature Page toOrganogenesis Inc. Note]

                                      A-3
<PAGE>

                                 TRANSACTIONS
                                      ON
                                REVOLVING NOTE

--------------------------------------------------------------------------------
               Type of      Amount of     Amount of       Amount of
            Advance Made    Loan Made  Principal Paid   Interest Paid  Notation
    Date      This Date     This Date     This Date       This Date     Made By
    ----      ---------     ---------     ---------       ---------     -------
--------------------------------------------------------------------------------

                                      A-4<PAGE>

                                                                    EXHIBIT 10.1

                                   AGREEMENT

This agreement (the "Agreement") is entered into between Lionbridge
Technologies, Inc. ("Lionbridge"), on its own behalf and on behalf of its
officers, agents, directors, employees, subsidiaries, affiliates, assigns and
successors (collectively, "Lionbridge") and Roger Jeanty (on your own behalf and
on behalf of your heirs, executors, administrators, and assigns) regarding the
termination of your employment with Lionbridge.

In consideration of the mutual covenants and undertakings set forth herein, you
and Lionbridge hereby agree as follows:

1.  Your employment with Lionbridge ended on April 26, 2001 (the "Effective
Date").

2.  You will notify Lionbridge within one week of accepting new employment of
the name and address thereof, provided that the beginning date of such
employment is within 12 months from the Effective Date.

3.  You confirm that your obligations under your Employee Non-Disclosure
Agreement and your Non-Competition Agreement dated as of March 29, 2000 continue
and that you shall abide by those obligations for so long as you remain a
director of Lionbridge.  Notwithstanding the foregoing, Lionbridge hereby
consents to your employment by, or your rendering services to, any customer of
Lionbridge, and confirms that Section 2 of your Non-Competition Agreement will
not be interpreted by Lionbridge to prevent or restrict you from employment by,
or rendering services to, any customer of Lionbridge.

4.  Lionbridge, without admitting and while expressly denying the commission of
any wrongful act, including but not limited to any violations of any federal,
state or local fair employment practice law, or other employment practice law,
or other employer duty or other employment-related obligation (all of which are
hereinafter referred to as "employment relations laws") or other equity, will
provide to you a cash payment in the amount of $100,000, payable in equal
installments over six months as set forth below.  Each payment made shall be
less any amount required of Lionbridge by law to be withheld or elected to be
withheld by you on a voluntary basis.

Amount        Date of Payment
------        ---------------

$16,667       June 21, 2001
$16,667       July 1, 2001
$16,667       August 1, 2001
$16,667       September 1, 2001
$16,667       October 1, 2001
$16,665       November 1, 2001

In addition, you confirm that Lionbridge provided to you within one month after
the Effective Date, payment in a single sum equal to the value of your then
accrued and unused vacation time.

5.  In exchange for the consideration set forth above and for other good and
valuable consideration receipt of which is hereby acknowledged:

a.  You hereby accept the foregoing, in full and complete waiver, release, and
satisfaction of any and all claims of any kind or description that you have or
may have had or may have through the date you execute the Agreement against
Lionbridge or its officers, directors or employees including but not limited to
claims arising from any employment relations laws, contract or tort law, public
policy, law or equity or claims for expenses or other monetary or equitable
relief including any right to or claim arising out of a right, to re-
employment. You also hereby release Lionbridge from liability for such claims
and waive any other rights relating to your employment, or your termination from
employment, with Lionbridge. This release shall include a release from claims
under the Age Discrimination in Employment Act of 1967 (ADEA). Lionbridge hereby
advises you to consult counsel before signing the Agreement and that you have,
and are entitled to, at least 21 days following the receipt of the Agreement to
execute it, although you are not required to use all of this period if in your
sole and
<PAGE>

unlimited discretion and judgment you choose not to do so. You are also entitled
to rescind the Agreement at any time within the seven-day period after you
execute it by written notice to Lionbridge. This waiver of your rights under
ADEA shall not apply to any claims arising after your execution of the
Agreement;

b.  You agree to refrain from filing any complaint, civil action, litigation or
proceedings of any nature or description against Lionbridge, in an judicial or
quasi-judicial forum, based upon claims released in Paragraph 5(a);

c.  You represent that you have not filed any complaints, administrative charges
and/or lawsuits or proceedings against Lionbridge based upon claims released in
Paragraph 5(a), with any local, state or federal court or agency and further
that you have not assigned or transferred to any person any portion of any claim
which is released or waived by this Agreement; and

d.  You agree to not file, participate in as a plaintiff and/or class member, or
commence yourself, or encourage, induce, solicit or support the filing of, or
institution of any claim, suit, litigation, grievance, arbitration, cause of
action, or any other proceeding against Lionbridge by any other person or
persons based on claims released in Paragraph 5(a) or similar claims of third
parties, whether or not such claims arise from any employment relations laws,
including but not limited to claims based on discrimination on the basis of age,
sex, handicap, disability, contract or tort law, public policy, law or equity or
claims for expenses or other monetary or equitable relief.

Notwithstanding the foregoing, you shall not be prohibited from giving testimony
in lawsuits or administrative proceedings initiated by third parties if such
testimony is compelled by legal and/or administrative subpoena. You shall not
volunteer to provide such testimony and/or encourage, induce or solicit others
to call you as a witness.

e.  Notwithstanding the foregoing, Lionbridge agrees that the release given by
you in Section 5 hereof shall expressly not include the release by you of any
claims relating to your right to collect the payments referred to in Section 4
above or the release of any claims relating to any of your rights under those
subordinated promissory notes issued to you and to Tracy Jeanty by IC Global
Services, Inc. on April 9, 1999 in the original principal amounts of
$1,867,764.08, $466,941.02, $622,588.02, and $155,647.01 and assumed by
Lionbridge.

6.  Lionbridge hereby acknowledges that the foregoing is in full and complete
waiver, release and satisfaction of any and all claims of any kind or
description that Lionbridge has or may have had or may have against you through
the date you execute the Agreement, including but not limited to claims arising
from any employment relations laws, contract or tort law, public policy, law or
equity or claims for other monetary or equitable relief, and Lionbridge hereby
expressly releases you from liability from such claims. However, this release
shall have no force or effect as to claims, if any, by Lionbridge that you
violated any of the provisions of the agreements referred to in Paragraph 13,
below.

7.  Neither you nor Lionbridge shall release, reveal, publish, cause to be
published, publicize, discuss, or otherwise disclose the terms of the Agreement
except as provided for herein and to your family, accountants, and attorneys and
in Paragraph 10 of the Agreement and except as you or Lionbridge may be
obligated to disclose on account of statutory, regulatory, or other legal
requirements or in connection with your compliance with the obligations
described in paragraph 3.

8.  Both Lionbridge and you agree not to publicly criticize or discuss, except
as mutually agreed, nor make any derogatory comments regarding,  the facts and
circumstances leading to your departure from Lionbridge, but you may state that
your departure was voluntary.

9.  Nothing in this Agreement shall affect your status or your term as a Class I
director of Lionbridge.  Your term as a Class I director of Lionbridge expires
at the 2003 Annual Meeting of Stockholders of Lionbridge.

10. The terms of the Agreement including all facts, circumstances, statements
or documents relating thereto, shall not be admissible for any purpose in any
litigation in any forum other than to secure enforcement of the terms and
conditions of the Agreement.

11. The Agreement has been reached by mutual accord of the parties hereto, and
the parties by their signatures indicate their full agreement and understanding
of its terms.
<PAGE>

12.  The Agreement includes all of the agreements of the parties relative to
your termination, and supersedes any prior agreements or representations between
the parties as to the subjects covered, including, but not limited to, the
employment agreement dated as of March 29, 2000 between Lionbridge and you,  but
expressly not including the Non-Competition Agreement dated as of March 29,
2000between Lionbridge and you (and as amended by this Agreement) and the
Employee Non-Disclosure Agreement between Lionbridge and you dated as of March
29, 2000.   This Agreement has no precedential effect, value, or impact
whatsoever as to any person not a party to it.

13.  Should any provision or part of any provision of this Agreement be found to
be legally unenforceable and/or against public policy, such unenforceability
shall not prevent enforcement of the remaining provisions or parts of this
Agreement.

14.  The Agreement shall be interpreted under the laws of the Commonwealth of
Massachusetts. Any action to bring and try any dispute concerning the
enforcement or interpretation of this Agreement shall be done in an appropriate
court located in the Commonwealth of Massachusetts, and the parties hereby
consent to the jurisdiction of any such court for that purpose.

LIONBRIDGE TECHNOLOGIES, INC.

By:
  /s/ Rory J. Cowan
  Rory Cowan
  Chairman and Chief Executive Officer

Date: June 20, 2001

  /s/ Roger O. Jeanty
  Roger Jeanty

Date: June 20, 2001

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