Document:

2005 Secured Promissory Note

 Exhibit 10.2 
  
 2005 SECURED PROMISSORY NOTE 
  

			
	$2,000,000	 	 Santa Clara, California
 January 24, 2005

  
 FOR VALUE RECEIVED, Robotic
Vision Systems, Inc. (“Debtor”), promises to pay to the order of Middlefield Ventures, Inc. (“Lender”), the principal sum of Two Million Dollars ($2,000,000) and to pay interest on the outstanding principal of this
Secured Promissory Note (this “Note”) in accordance with this Note. This Note is delivered in connection with the 2005 Loan Agreement dated as of the date of this Note between Debtor and Lender (the “Loan Agreement”). All
capitalized terms not otherwise defined herein shall have their meanings as set forth in the Loan Agreement. 
  
 1.    Maturity. Except as otherwise provided in the Loan Agreement, the Company shall repay the entire unpaid principal balance
of this Note and all accrued interest thereon on the earlier of (i) the date on which the Bankruptcy Court enters an order confirming the Company’s chapter 11 plan of reorganization and (ii) one year from the date hereof (the “Maturity
Date”). All payments received shall be applied first against costs of collection (if any), then against accrued and unpaid interest, then against principal. 
  
 2.    Interest. Interest shall begin to accrue on the unpaid principal balance of this Note
commencing on the date hereof and continuing until repayment of this Note in full at the rate of 10 percent (10%) per annum calculated on the basis of a 360 day year and actual days elapsed. Interest accrued on this Note shall be due and payable on
the Maturity Date. 
  
 3.    Prepayment;
Acceleration. So long as there is not, and there has not been, any default by Debtor under this Note, the Loan Agreement, or the Security Agreement, the unpaid principal balance and all accrued interest and any and all other sums payable to
Lender hereunder may be prepaid prior to the Maturity Date at any time without the consent of Lender. All prepayments shall be applied first to any accrued and unpaid interest and then to the outstanding principal. The unpaid Outstanding Balance of
this Note is subject to acceleration as set forth in the Loan Agreement. Following any such acceleration, in addition to Lender’s rights with respect to the collateral described in the Loan Agreement, Lender shall have full recourse against any
tangible or intangible assets of Debtor and may pursue any legal or equitable remedies that are available to it, subject to conditions and limitations in the RVSI Investors Subordination Agreement. 
  
 4.    Default. Debtor shall be deemed to be in
default hereunder and the unpaid principal balance of this Note, together with all accrued interest thereon, shall become immediately due and payable on any default under this Note or the Loan Agreement. 
  
 5.    Miscellaneous. 
  
 (a)    Debtor hereby waives presentment, demand,
protest, notice of dishonor, diligence and all other notices, any release or discharge arising from any extension of time, 

 
discharge of a prior party, release of any or all of any security given from time to time for this Note, or other cause of release or discharge other than
actual payment in full hereof. 
  
 (b)    Lender shall not be deemed, by any act or omission, to have waived any of its rights or remedies hereunder unless such waiver is in writing and signed by Lender and then only to the extent specifically set forth
in such writing. A waiver with reference to one event shall not be construed as continuing or as a bar to or waiver of any right or remedy as to a subsequent event. No delay or omission of Lender to exercise any right, whether before or after a
default hereunder, shall impair any such right or shall be construed to be a waiver of any right or default, and the acceptance at any time by Lender of any past-due amount shall not be deemed to be a waiver of the right to require prompt payment
when due of any other amounts then or thereafter due and payable. 
  
 (c)    Time is of the essence hereof. Upon any default hereunder, Lender may exercise all rights and remedies provided for herein and by law or equity, including, but not limited to, the right to immediate payment in
full of this Note. 
  
 (d)    To the extent
permitted by law, the remedies of Lender as provided herein, or any one or more of them, or in law or in equity, shall be cumulative and concurrent, and may be pursued singularly, successively or together at Lender’s sole discretion, and may be
exercised as often as occasion therefor shall occur. 
  
 (e)    It is expressly agreed that if this Note is referred to an attorney or if suit is brought to collect or interpret this Note or any part hereof or to enforce or protect any rights conferred upon Lender by this Note
or any other document evidencing or securing this Note, then Debtor promises and agrees to pay all costs, including attorneys’ fees, incurred by Lender. 
  
 (f)    If any provisions of this Note would require Debtor to pay interest hereon at a rate exceeding the highest rate allowed by
applicable law, Debtor shall instead pay interest under this Note at the highest rate permitted by applicable law. 
  
 (g)    This Note shall be governed by and construed in accordance with and the laws of the State of California applicable to contracts
wholly made and performed in the State of California. 
  
 (h)    Lender: (i) acknowledges that the Debtor filed for protection under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) on November 19, 2004 in the United States Bankruptcy
Court for the District of New Hampshire (the “Bankruptcy Court”); and (ii) acknowledges and agrees that notwithstanding anything to the contrary in this Note any enforcement of its rights hereunder is subject to obtaining relief
from the automatic stay pursuant to Section 362 of the Bankruptcy Code (which the Debtor agrees and acknowledges may be sought on five (5) business days’ notice). 
  
 (i)    Lender and Debtor hereby agree to submit to the exclusive jurisdiction of the Bankruptcy Court
and the Bankruptcy Court shall retain jurisdiction over any and all disputes arising under or otherwise relating to the construction or enforcement of this Note. 
  
 [Signature page follows.] 
  
  

 2 

 CONFIDENTIAL 
  
 IN WITNESS WHEREOF, Debtor has executed this Secured Promissory Note as of the date first above written. 

 

			
	ROBOTIC VISION SYSTEMS, INC.
		
	By:	 	    /s/    J. Richard Budd        
	 	 	 Name: J. Richard Budd
 Title: Acting Chief Executive
Officer

  

 3Amendment No. 2 to AHCA Contract

 Exhibit 10.1 
  

			
	WELL CARE HMO, INC.	 	Medicaid HMO Contract
	d/b/a STAYWELL HEALTH PLAN OF FLORIDA	 	 

  
  
 AHCA CONTRACT NO. FA522 
 AMENDMENT NO. 2

  
 THIS CONTRACT, entered into between STATE OF FLORIDA, AGENCY
FOR HEALTH CARE ADMINISTRATION, hereinafter referred to as the “Agency” and WELL CARE HMO, INC., d/b/a STAYWELL HEALTH PLAN OF FLORIDA, hereinafter referred to as the “Vendor”, is hereby amended as follows: 
  

	1.	Standard Contract, the first paragraph is hereby amended to change the Vendor’s address to the following: 

  
 8735 Henderson Road, Ren 2 
 Tampa, FL 33634 
  

	2.	Standard Contract, Section III.C.2 is hereby amended to change the contract manager’s name, address and telephone number to the following: 

  
 Pearl Blackburn 
 Well Care HMO, Inc., d/b/a Staywell Health Plan of Florida 
 8735 Henderson Road, Ren 2 
 Tampa, FL 33634 
 (813) 243-2970 
  

	3.	Standard Contract, Section III.E.1 is hereby amended to change the mailing address to the following: 

  
 Well Care HMO, Inc., d/b/a Staywell Health Plan of Florida 
 Attn: Regulatory Affairs 
 P.O. Box 25735

 Tampa, FL 33622-5736 
  

	4.	Standard Contract, Section III.E.2 is hereby amended to change the contact person and street address to the following: 

  
 Pearl Blackburn 
 8735 Henderson Road, Ren 2 
 Tampa, FL 33634

  

	5.	This amendment shall begin on December 3, 2004, or the date on which the amendment has been signed by both parties, whichever is later. 

  
 All provisions in the Contract and any attachments thereto in conflict with
this amendment shall be and are hereby changed to confirm with this amendment. 
  
 All provisions not in conflict with this amendment are still in effect and are to be performed at the level specified in the Contract. 
  
 AHCA Contract No. FA522, Amendment No. 2, Page 1 of 3 

			
	WELL CARE HMO, INC.	 	Medicaid HMO Contract
	d/b/a STAYWELL HEALTH PLAN OF FLORIDA	 	 

  
 This amendment and all
its attachments are hereby made a part of the Contract. 
  
 This
amendment cannot be executed unless all previous amendments to this Contract have been fully executed. 
  
 IN WITNESS WHEREOF, the parties hereto have caused this 2 page amendment (including all attachments) to be executed by their officials thereunto duly authorized. 
  

							
	 WELL CARE HMO, INC.,
 d/b/a
STAYWELL HEALTH
 PLAN OF FLORIDA
	 	 STATE OF FLORIDA, AGENCY FOR
 HEALTH CARE ADMINISTRATION

		
	SIGNED	 	SIGNED
	BY:	 	 /s/ TODD S. FARHA

	 	BY:	 	 /s/ ALAN LEVINE

	NAME:	 	Todd S. Farha	 	NAME:	 	Alan Levine
				
	TITLE:	 	Chief Executive Officer	 	TITLE:	 	Secretary
		
	DATE:12/27/04	 	DATE:1/14/05

  
 THE REMAINDER OF
THIS PAGE LEFT BLANK INTENTIONALLY 
  
 AHCA Contract No.
FA522, Amendment No. 2, Page 2 of 3Amendment No. 3 to AHCA Contract

 Exhibit 10.2 
  

			
	WELL CARE HMO, INC.	  	Medical HMO Contract

 d/b/a STAYWELL HEALTH PLAN OF FLORIDA 
  
 AHCA CONTRACT NO. FA522 
 AMENDMENT NO. 3 
  
 THIS CONTRACT, entered into
between STATE OF FLORIDA, AGENCY FOR HEALTH CARE ADMINISTRATION, hereinafter referred to as the “Agency” and WELL CARE HMO, INC., d/b/a STAYWELL HEALTH PLAN OF FLORIDA, hereinafter referred to as the “Vendor”, is hereby amended
as follows: 
  

	1.	Standard Contract, Section II.A, Contract Amount, the first sentence is hereby amended to now read: 

  
 To pay for contracted services according to the conditions of Attachment I in an amount not to exceed
$645,837,658.00, (an increase of $10,985,313.00), subject to the availability of funds. 
  

	2.	Attachment I, section 90.0, Payment and Authorized Enrollment Levels, is hereby amended to now read: 

  

			
	Table 1	  	Projected Enrollment
		
	 County

	  	Maximum Enrollment Level

	 BREVARD
	  	14,000
	 BROWARD
	  	25,000
	 HERNANDO
	  	15,000
	 HILLSBOROUGH
	  	28,000
	 LEE
	  	15,000
	 MANATEE
	  	12,000
	 MIAMI-DADE
	  	25,000
	 ORANGE
	  	38,000
	 OSCEOLA
	  	12,000
	 PALM BEACH
	  	15,000
	 PASCO
	  	7,000
	 PINELLAS
	  	15,000
	 POLK
	  	25,000
	 SARASOTA
	  	6,000
	 SEMINOLE
	  	6,000

  

	3.	Attachment I, Section 90.0, Payment and Authorized Enrollment Levels, Table 3, second paragraph is hereby amended to now read: 

  
 Notwithstanding the payment amounts which may be computed with the above
rate table, the sum of total capitation payments under this contract shall not exceed the total contract amount of $645,837,658.00, (an increase of $10,985,313.00) expressed on page seven of this contract. 
  
 AHCA Contract No. FA522, Amendment No. 3, Page 1 of 2 

			
	WELL CARE HMO, INC.	  	Medicaid HMO Contract

 d/b/a STAYWELL HEALTH PLAN OF FLORIDA 
  

	4.	This amendment shall begin on December 27, 2004, or the date on which the amendment has been signed by both parties, whichever is later. 

  
 All provisions in the Contract and any attachments thereto in conflict with
this amendment shall be and are hereby changed to confirm with this amendment. 
  
 All provisions not in conflict with this amendment are still in effect and are to be performed at the level specified in the Contract. 
  
 This amendment and all its attachments are hereby made a part of the Contract. 
  
 This amendment cannot be executed unless all previous amendments to this
Contract have been fully executed. 
  
 IN WITNESS WHEREOF, the parties hereto have
caused this 2 page amendment (including all attachments) to be executed by their officials thereunto duly authorized. 
  

							
	WELL CARE HMO, INC.,	 	STATE OF FLORIDA, AGENCY FOR
	d/b/a STAYWELL HEALTH	 	HEALTH CARE ADMINISTRATION
	PLAN OF FLORIDA	 	 	 	 
		
	 SIGNED
	 	SIGNED
	 BY:
	 	 /s/ TODD S. FARHA

	 	BY:	 	 /s/ ALAN LEVINE

	 NAME:
	 	Todd S. Farha	 	NAME:	 	Alan Levine
				
	 TITLE:
	 	Chief Executive Officer	 	TITLE:	 	Secretary
				
	 DATE:
	 	1/4/05	 	DATE:	 	1/21/05

  
 THE REMAINDER OF
THIS PAGE LEFT BLANK INTENTIONALLY 
  
 AHCA Contract No.
FA522, Amendment No. 3, Page 2 of 2

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