Document:

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                                                                 Exhibit 10.06

                               [   ] PROMISSORY NOTE

$[     ]                                                     New York, New York
                                                               January 10, 2005

For value received, MAC-GRAY CORPORATION, a Delaware corporation (the "Parent
Borrower"), MAC-GRAY SERVICES, INC. ("Services") and INTIRION CORPORATION
(together with the Parent Borrower and Services, the "Borrowers") promise to pay
to the order of [ ] (the "Lender") (i) the unpaid principal amount of each Loan
made by the Lender to the Borrowers under the Credit Agreement referred to
below, when and as due and payable under the terms of the Credit Agreement, and
(ii) interest on the unpaid principal amount of each such Loan on the dates and
at the rate or rates provided for in the Credit Agreement. All such payments of
principal and interest shall be made to the accounts specified in the Credit
Agreement, in immediately available funds.

All Loans made by the Lender, and all repayments of the principal thereof, shall
be recorded by the Lender and, prior to any transfer hereof, appropriate
notations to evidence the foregoing information with respect to each such Loan
then outstanding shall be endorsed by the Lender on the schedule attached
hereto, or on a continuation of such schedule attached hereto and made a part
hereof; PROVIDED that the failure of the Lender to make any such recordation or
endorsement shall not affect the obligations of the Borrowers hereunder or under
the Credit Agreement.

This note is one of the promissory notes issued pursuant to the Credit Agreement
dated as of January 10, 2005, among the Borrowers, the Lenders from time to time
party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent (as the
same may be amended, restated, supplemented or otherwise modified from time to
time, the "Credit Agreement"). Terms defined in the Credit Agreement are used
herein with the same meanings. Reference is made to the Credit Agreement for
provisions for the mandatory and optional prepayment hereof and the acceleration
of the maturity hereof.

THIS PROMISSORY NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE
LAWS OF THE STATE OF NEW YORK.

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                                    MAC-GRAY CORPORATION,

                                    by
                                       ----------------------------------------
                                       Name:
                                       Title:

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                                    MAC-GRAY SERVICES, INC.,

                                    by
                                       ----------------------------------------
                                       Name:
                                       Title:

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                                    INTIRION CORPORATION,

                                    by
                                       ----------------------------------------
                                       Name:
                                       Title:

<Page>

                   SCHEDULE OF LOANS AND PAYMENTS OF PRINCIPAL

<Table>
<Caption>
                          TYPE             AMOUNT          AMOUNT OF          UNPAID
                           OF                OF            PRINCIPAL         PRINCIPAL         NOTATIONS
       DATE               LOAN              LOAN             REPAID           BALANCE             MADE
       ----               ----             ------          ---------         ---------         ---------
<S>                    <C>                <C>             <C>              <C>               <C>

</Table><Page>

                                                                 Exhibit 10.07

                      FORM OF TERM LOAN PROMISSORY NOTE

[$          ]                                               New York, New York
                                                              January 10, 2005

For value received, MAC-GRAY CORPORATION, a Delaware corporation (the "Parent
Borrower"), MAC-GRAY SERVICES, INC. ("Services") and INTIRION CORPORATION
(together with the Parent Borrower and Services, the "Borrowers") promise to
pay to the order of [            ] (the "Lender") (i) the unpaid principal
amount of each Loan made by the Lender to the Borrowers under the Credit
Agreement referred to below, when and as due and payable under the terms of the
Credit Agreement, and (ii) interest on the unpaid principal amount of each such
Loan on the dates and at the rate or rates provided for in the Credit
Agreement. All such payments of principal and interest shall be made to the
accounts specified in the Credit Agreement, in immediately available funds.

All Loans made by the Lender, and all repayments of the principal thereof,
shall be recorded by the Lender and, prior to any transfer hereof, appropriate
notations to evidence the foregoing information with respect to each such Loan
then outstanding shall be endorsed by the Lender on the schedule attached
hereto, or on a continuation of such schedule attached hereto and made a part
hereof; PROVIDED that the failure of the Lender to make any such recordation or
endorsement shall not affect the obligations of the Borrowers hereunder or
under the Credit Agreement.

This note is one of the promissory notes issued pursuant to the Credit
Agreement dated as of January 10, 2005, among the Borrowers, the Lenders from
time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative
Agent (as the same may be amended, restated, supplemented or otherwise modified
from time to time, the "Credit Agreement"). Terms defined in the Credit
Agreement are used herein with the same meanings. Reference is made to the
Credit Agreement for provisions for the mandatory and optional prepayment
hereof and the acceleration of the maturity hereof.

THIS PROMISSORY NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK.

                                         MAC-GRAY CORPORATION

                                         by
                                            -------------------------
                                            Name:
                                            Title:<Page>

                                                                  Exhibit 10.11
                         Board of Directors Compensation
                              Mac-Gray Corporation
                                 March 31, 2005

                   MAC-GRAY CORPORATION DIRECTOR COMPENSATION

EMPLOYEE DIRECTORS:

Directors who are also employees of the Company do not receive compensation for
their services on the Board of Directors or any committee thereof.

NON-EMPLOYEE DIRECTORS:

1.  Annual Retainer*, payable quarterly - $16,000
2.  Annual Audit Committee Chair Retainer - $2,000
3.  Annual Committee Chair Retainer (Non-Audit) - $1,500
4.  Meeting Attendance Fees:
     a.  Board Meetings - $1,000 / $500 (telephonic) per meeting
     b.  Audit Committee Meetings - $750 per meeting
     c.  Committee Meetings (Non-Audit) - $500 / $250 (telephonic) per meeting
5.  Annual Equity Compensation Award** - option to purchase 5,000 shares of the
    Company's Common Stock
--------------------
*    50% of the Annual Retainer is paid in shares of the Company's Common Stock
     and the balance is paid, at the discretion of the Director, in cash, shares
     of the Company's Common Stock or any combination thereof;
**   Under the Company's 1997 Stock Option and Incentive Plan, each newly
     elected non-employee Director receives an option to purchase 5,000 shares
     of the Company's Common Stock on the fifth business day after his or her
     election to the Board of Directors, and each non-employee Director who is
     serving as a Director automatically receives an option to purchase 5,000
     shares of the Company's Common Stock on the fifth business day after each
     annual meeting of stockholders. All of such options granted are fully
     exercisable upon grant at an exercise price equal to the fair market value
     of the Company's Common Stock on the date of the grant and terminate upon
     the tenth anniversary of the date of grant.
--------------------

All Directors are reimbursed for significant travel expenses, if any, incurred
in attending meetings of the Board of Directors and its committees.<Page>

                                                                 Exhibit 10.12

                    MAC-GRAY SENIOR EXECUTIVE INCENTIVE PLAN

NAME OF PLAN:       Mac-Gray Senior Executive Incentive Plan (the "Plan")

OBJECTIVES:         1.  Drive revenue growth and accountability.
                    2.  Tie senior management compensation to performance.
                    3.  Motivate and inspire senior executives to contribute
                        at peak performance.

ELIGIBILITY:        The Company's named executive officers ("NEO's") are
                    eligible to participate in the Plan.

TARGET AWARDS:      Each year, the Compensation Committee of the Board of
                    Directors (the "Committee") establishes a target cash bonus
                    award for each NEO, expressed as a dollar amount or
                    percentage of the NEO's base salary. The target award is
                    based on a combinations of financial goals and individual
                    (personal) factors. The target award shall indicate the
                    potential cash bonus to be attained upon the (i) NEO's
                    attaining a specified percentage of the goals, (ii) NEO's
                    attaining 100% of the goals, and (ii) NEO's exceeding the
                    goals.

FINANCIAL GOALS:    Financial goals comprise 65% of the target award. The
                    financial goals consist of the following: (i) revenue,
                    pre-tax or after-tax profit levels of the Company or any
                    subsidiary, or a division, an operating unit or a business
                    segment of the Company or any subsidiary, or any
                    combination of the foregoing; and (ii) earnings before
                    interest, taxes, depreciation and amortization or cash flow
                    of the Company or any subsidiary, or a division, an
                    operating unit or a business segment of the Company or any
                    subsidiary, or any combination of the foregoing. The
                    financial goals may be adjusted by the Committee to take
                    into account significant events such as corporate
                    acquisitions.

INDIVIDUAL FACTORS: Individual (personal) factors comprise 35% of the target
                    award. The individual factors that are established by
                    the Committee are specific to each NEO.

PAYMENT OF AWARDS:  At the end of the fiscal year, the determination of
                    the cash bonus amounts to be paid shall be determined based
                    on the Company's actual financial results under the
                    financial goals and the Committee's determination of each
                    NEO's performance under the individual factors. Bonus
                    awards will not be paid if neither the financial goals nor
                    the individual factors are attained.

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