Document:

Exhibit 10.25

                                    AGREEMENT

       AGREEMENT made as of the 15th day of July, 2004 by and among Call
Compliance, Inc., a company organized under the laws of New York ("CCI" or the
"Company"), PhoneTel New Corp., a company organized under the laws of New York
("Payee"), and Compliance Systems Corporation, a company organized under the
laws of Delaware ("CSC").

       Reference is hereby made to that certain Promissory Note ("Note") dated
December 1, 2002, pursuant to which CCI is indebted to Payee in the aggregate
principal amount of Three Hundred and Sixty-Three Thousand Dollars and
~(degree)/ioo ($363,000.00). CCI is a wholly-owned subsidiary of CSC, a
guarantor under the Note.

      Pursuant to the Note,  during the five-year  period which began on June 1,
2003,  the  Company is  obligated  to pay to the Payee a monthly  amount of Nine
Thousand One Hundred Ninety-Three Dollars and Four Cents ($9,193.04) on the last
day of each month ("Monthly Payment"). All Monthly Payments through December 31,
2003 have been made in accordance with the terms of the Note.

       The Payee has advised the Company that on a retro-active basis with
respect to the Monthly Payments, commencing as of January 1, 2004, and for the
one-year period ending December 31, 2004 (the "Payment Period"), certain of its
shareholders (the "Shareholders") wish to receive their share of the
distribution from the Monthly Payment in-kind, in shares of non-voting Class B
Common Stock, $.ooi par value per share ("Common Stock"), of CSC, at a valuation
of $1.50 per share, subject to adjustment as set forth below ("Purchase Price").

       In accordance herewith, the Payee hereby agrees to receive as full
payment of each Monthly Payment under the Note (1) a cash payment to Payee in
the amount of One Thousand Six Hundred and Ninety-Three Dollars ($1,693.00) and
(ii) Five Thousand (5,000) shares of Common Stock of CSC. The shares will be
issued by CSC on or about July 30, 2004w1th respect to the two quarters ended
March 31 and June 30, 2004, respectively, and on or about September 30 and
December 31, 2004, with respect to the quarters then ended, directly to the
shareholders of the Payee, in the amounts set forth beside their respective
names set forth on Schedule "A" attached hereto ("Shareholders").
Notwithstanding the forgoing, if at any time during or after the Payment Period
CSC enters into any transaction involving the sale of any Common Stock or
securities exercisable, convertible or exchangeable for shares of Class A or
Class B Common Stock of CSC, and the effective purchase and /or conversion,
exercise or exchange price is less than $1.50 per share ("Adjusted Price"), then
the Purchase Price shall be

<PAGE>

adjusted on a retroactive and prospective basis, as applicable, to equal the
Adjusted Price, and CSC shall promptly issue to each of the Shareholders the
appropriate number of additional shares of Common Stock.

       The Payee hereby represents that each of the Shareholders has agreed to
receive its pro rata share of the Monthly Payment in shares of Common Stock and
that the payments in (i) and (ii) of the immediately preceding paragraph shall
constitute full payment by the Company to Payee of each Monthly Payment and full
compliance by the Company of its obligations under the Note. However, in the
event of an event of default under the Note, the terms of this agreement shall
automatically be null and void and the Company's cash payment obligations under
the Note shall govern in all respects.

       IN WITNESS WHEREOF, this Agreement has been signed by the parties hereto
on the date appearing on the first page.

CALL COMPLIANCE, INC.

By: /s/ [illegible]
   ----------------------------

COMPLIANCE SYSTEMS CORPORATION

By: /s/ [illegible]
   ----------------------------

PHONETEL NEW CORP.

By: /s/ [illegible]
   ----------------------------

<PAGE>

                                  SCHEDULE "A"

           Shareholder          Number of Shares to Be Issued Each Quarter

Alan Ilberman                                                      1,250.00

Judith Felsen                                                      5,000.00

Robert Greenspan                                                   2,500.00

Louis Potters                                                      1,250.00

Robert Reiner                                                      2,500.00

Nettle Hanover Trust Total                                         2.500.O0

                                                                       ic.ooo.ooExhibit 10.26

                                   AGREEMENT

       AGREEMENT  made  as of the  15th  day of  July,  2004 by and  among  Call
Compliance,  Inc., a company  organized under the laws of New York ("CCI" or the
"Company"),  Spirits  Management Inc., a company organized under the laws of New
York ("Payee"),  and Compliance Systems  Corporation,  a company organized under
the laws of Delaware ("CSC").

      Reference is hereby made to that certain  Promissory  Note ("Note")  dated
December 1, 2002,  pursuant  to which CCI is indebted to Payee in the  aggregate
principal  amount  of  Three  Hundred  and  Sixty-Three   Thousand  Dollars  and
`~(degree)/ioo  ($363,000.00).  CCI  is a  wholly-owned  subsidiary  of  CSC,  a
guarantor under the Note.

      Pursuant to the Note,  during the five-year  period which began on June 1,
2003,  the  Company is  obligated  to pay to the Payee a monthly  amount of Nine
Thousand One Hundred Ninety-Three Dollars and Four Cents ($9,193.04) on the last
day of each month ("Monthly Payment"). All Monthly Payments through December 31,
2003 have been made in accordance with the terms of the Note.

       The Payee has  advised  the  Company  that on a  retro-active  basis with
respect to the Monthly  Payments,  commencing as of January 1, 2004, and for the
one-year  period  ending  December 31, 2004 (the "Payment  Period"),  certain of
its  shareholders  (the  "Shareholders")  wish to  receive  their  share  of the
distribution  from the Monthly Payment in-kind,  in shares of non-voting Class B
Common  Stock,  $.ooi  par  value  per  share  ("Common  Stock"),  of CSC,  at a
valuation  of  $1.50  per  share,  subject  to  adjustment  as set  forth  below
("Purchase Price").

       In  accordance  herewith,  the Payee  hereby  agrees to  receive  as full
payment of each  Monthly  Payment  under the Note (i) a cash payment to Payee in
the amount of One  Thousand  Six Hundred and  Ninety-Three  Dollars  ($1,693.00)
and (ii) Five  Thousand  (5,000)  shares of Common Stock of CSC. The shares will
be issued by CSC on or about  July 30,  2004 with  respect  to the two  quarters
ended March 31 and June 30,  2004,  respectively,  and on or about  September 30
and  December 31, 2004,  with  respect to the quarters  then ended,  directly to
the   shareholders  of  the  Payee,  in  the  amounts  set  forth  beside  their
respective  names set forth on Schedule  "A" attached  hereto  ("Shareholders").
Notwithstanding  the  forgoing,  if at any  time  during  or after  the  Payment
Period CSC enters into any  transaction  involving  the sale of any Common Stock
or securities  exercisable,  convertible or  exchangeable  for shares of Class A
or Class B Common Stock of CSC, and the  effective  purchase and br  conversion,
exercise  or  exchange  price is less than $1.50 per share  ("Adjusted  Price"),
then the Purchase Price shall be

<PAGE>

adjusted on a retroactive  and prospective  basis,  as applicable,  to equal the
Adjusted  Price,  and CSC shall promptly issue to each of the  Shareholders  the
appropriate number of additional shares of Common Stock.

       The Payee hereby  represents that each of the  Shareholders has agreed to
receive  its pro rata share of the  Monthly  Payment  in shares of Common  Stock
and that the  payments in (i) and (ii) of the  immediately  preceding  paragraph
shall  constitute  full payment by the Company to Payee of each Monthly  Payment
and full compliance by the Company of its obligations  under the Note.  However,
in the  event  of an  event  of  default  under  the  Note,  the  terms  of this
agreement  shall  automatically  be null and void and the Company's cash payment
obligations under the Note shall govern in all respects.

       IN WITNESS WHEREOF,  this Agreement has been signed by the parties hereto
on the date appearing on the first page.

CALL COMPLIANCE, INC.

By: /s/ [illegible]
   -----------------------------

COMPLIANCE SYSTEMS CORPORATION

By: /s/ [illegible]
   -----------------------------

SPII41~~ANAGEMENT INC.

By:,

<PAGE>

                                  SCHEDULE "A"

           Shareholder               Number of Shares to Be Issued Each Ouarter

Barry M. Brookstein Total

                                                         15,000.00

                                                          15000.00v035357_ex10-26 -- Converted by SECPublisher 2.1.1.8, created by BCL Technologies Inc., for SEC Filing

Inc.

	
4

	
ADDENDUM TO PROMISSORY NOTE

This agreement amends the promissory nOte for a revolving loan dated 10/25/2004 between Compliance Systems Corporation and Barry Brookstein. 

By this addendum, the parties agree that no demand for payment with regard to the above promissory note shall be made prior to January, 2006. 

IN WITNESS WHEREOF, the parties hereto have executed this addendum on this 6th day
of

May, 2005. 

	
Compliance System orporation 
        	
   	
 
        	
   	
 
        
	
By. 
        	
   	
De 
        	
   	
ai~' 
        	
   	
By: 
        	
   	
 
        
	
        	
        	

        	
        	

        	
        	
        	
        	
        
	
GU 
        	
   	
 
        	
   	
ORS 
        	
   	
 
        	
   	
Barry 
        
	
 
        	
   	
 
        	
   	
 
        	
   	
 
        	
   	
Brookstein 
        

	
Inc.

	
4 
        	
   	
 
        	
   	
 
        	
   	
 
        
	
 
        
	
 
        
	
 
        
	
PROMISSORY NOTE
        
	
 
        
	
Borrower: 
        	
   	
Compliance Systems Corporation 
        	
   	
 
        
	
 
        	
   	
 
        	
   	
90 Pratt Oval 
        	
   	
 
        
	
 
        	
   	
 
        	
   	
Glen Cove, NY 11542 
        	
   	
 
        
	
 
        
	
Principal Amount: Revolving Loan 
        	
   	
 
        
	
 
        
	
1. 
        	
   	
FOR VALUE RECEWED, Compliance Systems Corporation promises to pay to Barry 
        
	
 
        	
   	
Brookstein at such address as may be provided in writing to Compliance Systems 
        
	
 
        	
   	
Corporation on demand, such principal sum as may be provided to Compliance Systems 
        
	
 
        	
   	
Corporation from a revolving loan account established by Barry Brookstein, with interest 
        
	
 
        	
   	
payable on any outstanding unpaid principal at the rate of 12 percent per annum, calculated 
        
	
 
        	
   	
monthly not in advance. 
        	
   	
 
        
	
 
        
	
2. 
        	
   	
This promissory note will be repaid in consecutive monthly installments of interest only 
        
	
 
        	
   	
payments in arrears. 
        	
   	
 
        
	
 
        
	
3. 
        	
   	
Notwithstanding anything to the contrary in the note, if Compliance Systems Corporation 
        
	
 
        	
   	
defaults in the performance of any obligation under this Note, then Barry Brookstein may 
        
	
 
        	
   	
declare the principal amount owing under this note at that time to be immediately due and 
        
	
 
        	
   	
payable. 
        	
   	
 
        
	
 
        
	
4. 
        	
   	
This note will be construed in accordance with and governed by the laws of the State of New 
        
	
 
        	
   	
York. 
        	
   	
 
        
	
 
        
	
5. 
        	
   	
All cost, expenses and expenditures including, and without limitation, the complete legal 
        
	
 
        	
   	
costs incurred by Barry Brookstein in enforcing this promissory note as a result of any default 
        
	
 
        	
   	
by Compliance Systems Corporation, will be added to the principal then outstanding and will 
        
	
 
        	
   	
immediately be paid by Compliance Systems Corporation 
        	
   	
 
        
	
 
        
	
6. 
        	
   	
This note will enure to the benefit of and be binding upon the respective heirs, executors, 
        
	
 
        	
   	
administrators, successors and assigns of Compliance Systems Corporation and Barry 
        
	
 
        	
   	
Brookstein. Compliance Systems Corporation waives presentment for payment, notice of non- 
        
	
 
        	
   	
payment, protest and notice of protest 
        	
   	
 
        
	
 
        
	
7. 
        	
   	
The individual executing this Promissory Note on behalf of Compliance Systems Corporation 
        
	
 
        	
   	
does hereby represent and warrant that he/she has been and is on the date of this Promissory 
        
	
 
        	
   	
Note duly authorized by all 
        	
   	
 
        
	
 
        	
   	
necessary and appropriate 
        	
   	
 
        
	
 
        	
   	
corporate action to execute 
        	
   	
Inc. 
        
	
 
        	
   	
it on behalf of Compliance 
        	
   	
 
        
	
 
        	
   	
Systems Corporation 
        	
   	
 
        

	
(f~1ht name and iN WITNESS 

title) WHEREOF 

this Promissory

Note has been executed by 

Compliance Systems Corporation 

this 25th day of October, 2004. 

	
By:

	
Compliance

	
ems Corporation

	
GUARANTORS

	
_L~ i~Gil-~t~,j

Promissory Note CSC to BB 2004-10-25

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