Document:

Exhibit 10.2

PROMISSORY NOTE

__________________________

(Date)

FOR VALUE RECEIVED, Acusphere, Inc. a corporation located
at the address stated below (“Maker”)
promises, jointly and severally if more than one, to pay to the order of General Electric Capital Corporation or any
subsequent holder hereof (each, a “Payee”)
at its office located at 83 Wooster Heights
Road, Danbury, CT  06810 or at
such other place as Payee or the holder hereof may designate, the principal sum
of One Million Five Hundred Ten Thousand Four
Hundred Sixty One and 70/100 Dollars ($1,510,461.70), with interest
on the unpaid principal balance, from the date hereof through and including the
dates of payment, at a fixed interest rate of Ten and Sixty Nine Hundredths
percent (10.69%) per annum, to be paid in lawful money of the United States, in
Forty-Two (42) consecutive monthly installments of principal and interest as
follows:

	
     Periodic

  	
   

  	
   

  	
   

  
	
  Installment

  	
   

  	
  Amount

  	
   

  
	
  Thirty Six (36)

  	
   

  	
  $

  	
  43,745.79

  	
   

  
	
  Five (5)

  	
   

  	
  $

  	
  39,792.01

  	
   

  

 

(each “Periodic Installment”),
and a final installment which shall be in the amount of Thirty Nine Thousand
Seven Hundred Ninety Two and 01/100 
Dollars ($39,792.01), plus any outstanding principal and interest. The
first Periodic Installment shall be due and payable on                            
and the following Periodic Installments and the final installment shall be due
and payable on the same day of each succeeding month (each, a “Payment Date”). Such
installments have been calculated on the basis of a 360 day year of twelve 30-day
months. Each payment may, at the option of the Payee, be calculated and applied
on an assumption that such payment would be made on its due date.

The acceptance by Payee of
any payment which is less than payment in full of all amounts due and owing at
such time shall not constitute a waiver of Payee’s right to receive payment in
full at such time or at any prior or subsequent time.

The
Maker hereby expressly authorizes the Payee to insert the date value is
actually given in the blank space on the face hereof and on all related
documents pertaining hereto.

This Note may be secured by a
security agreement, chattel mortgage, pledge agreement or like instrument (each
of which is hereinafter called a “Security
Agreement”).

Time
is of the essence hereof. If any installment or any other sum due under this
Note or any Security Agreement is not received within ten (10) days after
its due date, the Maker agrees to pay, in addition to the amount of each such
installment or other sum, a late payment charge of five percent (5%) of the
amount of said installment or other sum, but not exceeding any lawful maximum. If
(i) Maker fails to make payment of any amount due hereunder within ten (10) days
after the same becomes due and payable; or 
(ii) Maker is in default under, or fails to perform under any term
or condition contained in any Security Agreement, then the entire principal sum
remaining unpaid, together with all accrued interest thereon and any other sum
payable under this Note or any Security Agreement, at the election of Payee,
shall, upon Payee’s election, immediately become due and payable, with interest
thereon at the lesser of eighteen percent (18%) per annum or the highest rate
not prohibited by applicable law from the date of such accelerated maturity
until paid (both before and after any judgment).

The Maker may prepay in full,
but not in part, its entire indebtedness hereunder upon payment of the entire
indebtedness plus an additional sum as a premium equal to the following
percentages of the remaining principal balance for the indicated period:

Prior to the first annual
anniversary date of this Note: Not Allowed

Thereafter and prior to the
second annual anniversary date of this Note: five percent (5%)

Thereafter and prior to the
third annual anniversary date of this Note: three percent (3%)

Plus all other sums due
hereunder or under any Security Agreement.

 

 

It
is the intention of the parties hereto to comply with the applicable usury
laws; accordingly, it is agreed that, notwithstanding any provision to the
contrary in this Note or any Security Agreement, in no event shall this Note or
any Security Agreement require the payment or permit the collection of interest
in excess of the maximum amount permitted by applicable law. If any such excess
interest is contracted for, charged or received under this Note or any Security
Agreement, or if all of the principal balance shall be prepaid, so that under
any of such circumstances the amount of interest contracted for, charged or
received under this Note or any Security Agreement on the principal balance
shall exceed the maximum amount of interest permitted by applicable law, then
in such event  (a) the provisions of
this paragraph shall govern and control, 
(b) neither Maker nor any other person or entity now or hereafter
liable for the payment hereof shall be obligated to pay the amount of such
interest to the extent that it is in excess of the maximum amount of interest
permitted by applicable law,  (c) any
such excess which may have been collected shall be either applied as a credit
against the then unpaid principal balance or refunded to Maker, at the option
of the Payee, and  (d) the effective
rate of interest shall be automatically reduced to the maximum lawful contract
rate allowed under applicable law as now or hereafter construed by the courts
having jurisdiction thereof. It is further agreed that without limitation of
the foregoing, all calculations of the rate of interest contracted for, charged
or received under this Note or any Security Agreement which are made for the
purpose of determining whether such rate exceeds the maximum lawful contract
rate, shall be made, to the extent permitted by applicable law, by amortizing,
prorating, allocating and spreading in equal parts during the period of the full
stated term of the indebtedness evidenced hereby, all interest at any time
contracted for, charged or received from Maker or otherwise by Payee in
connection with such indebtedness; provided, however, that if any applicable
state law is amended or the law of the United States of America preempts any
applicable state law, so that it becomes lawful for the Payee to receive a
greater interest per annum rate than is presently allowed, the Maker agrees
that, on the effective date of such amendment or preemption, as the case may
be, the lawful maximum hereunder shall be increased to the maximum interest per
annum rate allowed by the amended state law or the law of the United States of
America.

The
Maker and all sureties, endorsers, guarantors or any others (each such person,
other than the Maker, an “Obligor”)
who may at any time become liable for the payment hereof jointly and severally
consent hereby to any and all extensions of time, renewals, waivers or
modifications of, and all substitutions or releases of, security or of any
party primarily or secondarily liable on this Note or any Security Agreement or
any term and provision of either, which may be made, granted or consented to by
Payee, and agree that suit may be brought and maintained against any one or more
of them, at the election of Payee without joinder of any other as a party
thereto, and that Payee shall not be required first to foreclose, proceed
against, or exhaust any security hereof in order to enforce payment of this
Note. The Maker and each Obligor hereby waives presentment, demand for payment,
notice of nonpayment, protest, notice of protest, notice of dishonor, and all
other notices in connection herewith, as well as filing of suit (if permitted
by law) and diligence in collecting this Note or enforcing any of the security
hereof, and agrees to pay (if permitted by law) all expenses incurred in
collection, including Payee’s actual attorneys’ fees. Maker and each Obligor
agrees that fees not in excess of twenty percent (20%) of the amount then due
shall be deemed reasonable.

THE MAKER HEREBY UNCONDITIONALLY WAIVES ITS RIGHTS TO A JURY
TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF, DIRECTLY OR
INDIRECTLY, THIS NOTE, ANY OF THE RELATED DOCUMENTS, ANY DEALINGS BETWEEN MAKER
AND PAYEE RELATING TO THE SUBJECT MATTER OF THIS TRANSACTION OR ANY RELATED
TRANSACTIONS, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN MAKER
AND PAYEE. THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL ENCOMPASSING OF ANY
AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT (INCLUDING, WITHOUT
LIMITATION, CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER
COMMON LAW AND STATUTORY CLAIMS.)  THIS
WAIVER IS IRREVOCABLE MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR
IN WRITING, AND THE WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS,
SUPPLEMENTS OR MODIFICATIONS TO THIS NOTE, ANY RELATED DOCUMENTS, OR TO ANY
OTHER DOCUMENTS OR AGREEMENTS RELATING TO THIS TRANSACTION OR ANY RELATED
TRANSACTION. IN THE EVENT OF LITIGATION, THIS NOTE MAY BE FILED AS A
WRITTEN CONSENT TO A TRIAL BY THE COURT.

This
Note and any Security Agreement constitute the entire agreement of the Maker
and Payee with respect to the subject matter hereof and supercedes all prior
understandings, agreements and representations, express or implied.

No
variation or modification of this Note, or any waiver of any of its provisions
or conditions, shall be valid unless in writing and signed by an authorized
representative of Maker and Payee. Any such waiver, consent, modification or
change shall be effective only in the specific instance and for the specific
purpose given.

 

Any
provision in this Note or any Security Agreement which is in conflict with any
statute, law or applicable rule shall be deemed omitted, modified or altered
to conform thereto.

	
  

  	
  Acusphere, Inc.

  
	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ John Thero

  
	
  (Witness)

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
  Senior Vice
  President & CFO

  
	
  (Address)

  	
   

  	
   

  	
   

  
	
   

  	
  Federal Tax ID
  #: 04-3208947

  
	
   

  	
   

  
	
   

  	
  Address: 500
  Arsenal Street, Watertown, MA 02472Exhibit 10.19

KEMET Corporation

Code of Business
Integrity and Ethics

Governing Principle

The fundamental principle
governing corporate actions of KEMET Corporation and its subsidiaries
(collectively, “KEMET” or the “Company”) and the actions of employees and
officers of the Company is that ethics and business are inseparable at KEMET,
that no business objective can be achieved without following the highest
ethical standards and complying with all the local and national laws and
regulations that pertain to our operations.

Conflict of
Interest

No officer or employee of
the Company may have a personal, financial or family interest that could in any
way keep the individual from acting in the best interest of the Company. Any
actual or potential conflict of interest must be reported to corporate
management as soon as recognized.

Business
Relationships

The use of the funds or assets of the Company for any
unlawful purpose or to influence others through bribes is strictly prohibited,
i.e., there shall be no reward, gift, or favor bestowed or promised with a view
to perverting the judgment or corrupting the conduct of a person in a position
of trust.

Offering or accepting properly recorded business
meals, entertainment, or token gifts intended and understood as simple
courtesies meant to foster understanding and communication with suppliers,
customers, and public officials is allowed.

Token tips or minor
payments to government, institutional, vendor, or customer service personnel
that simply facilitate service, are traditional in the country or locality,
nominal in amount, do not involve a perversion of judgement or corruption of
conduct, and are properly recorded are acceptable. Minor payments meet this
test only if, through the generation of goodwill, and not by any other means,
they encourage timely performance of an act which the recipient already has a
duty to perform because of some legal requirement or job responsibility.

Memberships

Memberships should serve
legitimate business needs. They are appropriate only in organizations whose
objectives and activities are lawful and ethical, and fit within the framework
of broadly accepted social values.

Financial Integrity

No unrecorded fund will be established for any
purpose. All assets of the Company will be recorded on the books of the Company
at all times unless specifically exempted by corporate procedures which are
consistent with generally accepted accounting principles.

No false entry or entry that obscures the purposes of
the underlying transaction shall be made in the books and records of the
Company for any reason.

No payment on behalf of the Company shall be
authorized or made with the intention or understanding that any part of such
payment is to be used for a purpose other than that described by the documents supporting
the payment.

Each employee is responsible for the protection of the
Company’s assets from loss, damage, misuse or theft. Company assets, such as
funds, products, or computers, may only be used for business purposes and other
purposes approved by management. Company assets may never be used for illegal
purposes.

The Company requires
honest and accurate recording and reporting of information in order to make
responsible business decisions. This includes such data as quality, safety, and
personnel records, as well as all financial records. All financial books,
records and accounts must accurately reflect transactions and events, and
conform both to required accounting principles and to the Company’s system of
internal controls. No false or artificial entries may be made, and no
undisclosed or unrecorded funds or assets may be maintained for any purpose.
When a payment is made, it can only be used for the purpose spelled out in the
supporting document.

Corporate
Opportunities

Employees are prohibited from
(i) taking for themselves personally any opportunities that are discovered
through the use of Company property, information or position; (ii) using
corporate property, information or position for personal gain; and (iii) competing
with the Company. Employees have a duty to the Company to advance its
legitimate interests when the opportunity to do so arises.

Confidential
Information

Each employee will
safeguard all confidential information by marking such information accordingly,
keeping it secure, and limiting access to those who have a need to know in
order to do their jobs. Confidential information includes any information that
is not generally known to the public and is helpful to the Company, or would be
helpful to competitors. It also includes information that suppliers and
customers have entrusted to the Company. The obligation to preserve
confidential information continues even after employment ends.

Inside Information
and Securities Trading

Company employees are not
allowed to trade in securities or any other kind of property based on knowledge
that comes from their jobs, if that information has not been reported publicly.
It is against the laws of many countries, including the United States, to trade
or to “tip” others who might make an investment decision based on inside
information. For example, using non-public information to buy or sell Company
stock, options in Company stock or the stock of a Company supplier, customer or
competitor is prohibited.

Compliance with the
Law

Company employees are required
to comply with all applicable laws and regulations wherever the Company does
business. Perceived pressures from supervisors or demands due to business
conditions are not excuses for violating the law.

Fair Competition
and Antitrust

The Company and all
employees are required to comply with the antitrust and unfair competition laws
of the many countries in which the Company does business. These laws are
complex and vary considerably from country to country. They generally concern
agreements with competitors that harm customers, including price fixing and
allocations of customers or contracts, agreements that unduly limit a customer’s
ability to sell a product, including establishing the resale price of a product
or service, or conditioning the sale of products on an agreement to buy other
Company products and services, and attempts to monopolize, including pricing a
product below cost in order to eliminate competition. In the event that an
employee is uncertain or has a question regarding such compliance, he or she
should contact their immediate supervisor for clarification.

Reporting of
Behavior

Each employee shall promptly bring to the attention of
the Audit Committee of the Board of Directors any information he or she may
have concerning evidence of a material violation of the securities or other
laws, rules or regulations applicable to the Company or its employees or
agents. Each employee shall promptly bring to the attention of the Audit
Committee any information he or she may have concerning any violation of this
Code of Business Integrity and Ethics. The Board of Directors may determine, or
designate appropriate persons to determine, appropriate additional disciplinary
or other actions to be taken in the event of violations of this Code of Business
Integrity and Ethics and a procedure for granting any waivers of this Code of
Business Integrity and Ethics.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]