Document:

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                                                                 Exhibit 10.15.2

                         REVOLVING LINE OF CREDIT NOTE

$25,000,000.00                                         San Francisco, California
                                                                November 4, 1999

     FOR VALUE RECEIVED, the undersigned GREATER BAY BANCORP ("Borrower")
promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank")
at its office at 420 Montgomery, San Francisco, California, or at such other
place as the holder hereof may designate, in lawful money of the United States
of America and in immediately available funds, the principal sum of Twenty-Five
Million Dollars ($25,000,000.00), or so much thereof as may be advanced and be
outstanding, with interest thereon, to be computed on each advance from the date
of its disbursement as set forth herein.

DEFINITIONS:

     As used herein, the following terms shall have the meanings set forth after
each, and any other term defined in this Note shall have the meaning set forth
at the place defined:

     (a) "Business Day" means any day except a Saturday, Sunday or any other day
on which commercial banks in California are authorized or required by law to
close.

     (b) "Fixed Rate Term" means, for each advance requested hereunder, a period
of three (3) months commencing initially on the Business Day on which such
advance is made, and automatically renewing for a period of 3 months at the end
of each such 3 month period (or renewed period), during which the outstanding
principal amount under this Note related to such advance bears interest
determined in relation to LIBOR as in effect on the first Business Day of the
applicable 3 month period; provided however, that no Fixed Rate Term shall
extend beyond the scheduled maturity date hereof.  If any Fixed Rate Term would
end on a day that is not a Business Day, then such Fixed Rate Term shall be
extended to the next succeeding Business Day.

     (c) "LIBOR" means the rate per annum (rounded upward, if necessary, to the
nearest whole 1/8 of 1%) and determined pursuant to the following formula:

     LIBOR =               Base LIBOR
                -------------------------------
                100% - LIBOR Reserve Percentage

"Base LIBOR" means the rate per annum for United States dollar deposits quoted
by Bank as the Inter-Bank Market Offered Rate, with the understanding that such
rate is quoted by Bank for the purpose of calculating effective rates of
interest for loans making reference thereto, on the first day of a Fixed Rate
Term for delivery of funds on said date for a period of time

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approximately equal to the number of days in such Fixed Rate Term and in an
amount approximately equal to the principal amount to which such Fixed Rate Term
applies. Borrower understands and agrees that Bank may base its quotation of the
Inter-Bank Market Offered Rate upon such offers or other market indicators of
the Inter-Bank Market as Bank in its discretion deems appropriate including, but
not limited to, the rate offered for U.S. dollar deposits on the London Inter-
Bank Market.

  (ii) "LIBOR Reserve Percentage" means the reserve percentage prescribed by the
Board of Governors of the Federal Reserve System (or any successor) for
"Eurocurrency Liabilities" (as defined in Regulation D of the Federal Reserve
Board, as amended), adjusted by Bank for expected changes in such reserve
percentage during the applicable Fixed Rate Term.

     (d) "Prime Rate" means at any time the rate of interest most recently
announced within Bank at its principal office as its Prime Rate, with the
understanding that the Prime Rate is one of Bank's base rates and serves as the
basis upon which effective rates of interest are calculated for those loans
making reference thereto, and is evidenced by the recording thereof after its
announcement in such internal publication or publications as Bank may designate.

INTEREST:

     (a) Interest.  The outstanding principal balance of this Note shall bear
         --------
interest (computed on the basis of a 360-day year, actual days elapsed) at a
fixed rate per annum determined by Bank to be one quarter percent (0.25%) above
LIBOR in effect on the first day of the applicable Fixed Rate Term. Bank is
hereby authorized to note the interest rate applicable to this Note during the
term hereof and any payments made thereon on Bank's books and records (either
manually or by electronic entry) and/or on any schedule attached to this Note,
which notations shall be prima facie evidence of the accuracy of the information
noted.

     (b)  Additional LIBOR Provisions.
          ---------------------------

     (i) If Bank at any time shall determine that for any reason adequate and
reasonable means do not exist for ascertaining LIBOR, then Bank shall promptly
give notice thereof to Borrower.  If such notice is given and until such notice
has been withdrawn by Bank, then the outstanding principal balance hereof,
subsequent to the end of the Fixed Rate Term applicable thereto, shall bear
interest determined in relation to the Prime Rate.

     (ii) If any law, treaty, rule, regulation or determination of a court or
governmental authority or any change therein or in the interpretation or
application thereof (each, a "Change in Law") shall make it unlawful for Bank to
maintain interest rates

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based on LIBOR, then any such unlawful LIBOR-based loans then outstanding shall
be converted, at Bank's option, so that interest on the portion of the
outstanding principal balance subject thereto is determined in relation to the
Prime Rate; provided however, that if any such Change in Law shall permit any
LIBOR-based loans to remain in effect until the expiration of the Fixed Rate
Term applicable thereto, then such permitted LIBOR-based loans shall continue in
effect until the expiration of such Fixed Rate Term. Upon the occurrence of any
of the foregoing events, Borrower shall pay to Bank immediately upon demand such
amounts as may be necessary to compensate Bank for any fines, fees, charges,
penalties or other costs incurred or payable by Bank as a result thereof and
which are attributable to any LIBOR based interest loans made available to
Borrower hereunder, and, absent manifest error, any reasonable allocation made
by Bank among its operations shall be conclusive and binding upon Borrower.

  (iii)  If any Change in Law or compliance by Bank with any request or
directive (whether or not having the force of law) from any central bank or
other governmental authority shall:

     (A)  subject Bank to any tax, duty or other charge with respect to making
          any LIBOR based loans, or change the basis of taxation of payments to
          Bank of principal, interest, fees or any other amount payable
          hereunder (except for changes in the rate of tax on the overall net
          income of Bank); or

     (B)  impose, modify or hold applicable any reserve, special deposit,
          compulsory loan or similar requirement against assets held by,
          deposits or other liabilities in or for the account of, advances or
          loans by, or any other acquisition of funds by any office of Bank; or

     (C)  impose on Bank any other condition;

and the result of any of the foregoing is to increase the cost to Bank of
making, renewing or maintaining any LIBOR based loans hereunder and/or to reduce
any amount receivable by Bank in connection therewith, then in any such case,
Borrower shall pay to Bank immediately upon demand such amounts as may be
necessary to compensate Bank for any additional costs incurred by Bank and/or
reductions in amounts received by Bank which are attributable to such LIBOR
based loans.  In determining which costs incurred by Bank and/or reductions in
amounts received by Bank are attributable to any LIBOR based loans made
available to Borrower hereunder, any reasonable allocation made by Bank among
its operations shall be conclusive and binding upon Borrower.

     (d) Payment of Interest.  Interest accrued on this Note shall be payable on
         -------------------
the last day of each month, commencing November 30, 1999 and on the maturity
date of this Note.

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     (e) Default Interest. From and after the maturity date of this Note, or
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such earlier date as all principal owing hereunder becomes due and payable by
acceleration or otherwise, the outstanding principal balance of this Note shall
bear interest until paid in full at an increased rate per annum (computed on the
basis of a 360-day year, actual days elapsed) equal to four percent (4%) above
the rate of interest from time to time applicable to this Note.

BORROWING AND REPAYMENT:

     (a) Borrowing and Repayment.  Borrower may from time to time during the
         -----------------------
term of this Note borrow, partially or wholly repay its outstanding borrowings,
and reborrow, subject to all of the limitations, terms and conditions of this
Note and of any document executed in connection with or governing this Note;
provided however, that the total outstanding borrowings under this Note shall
not at any time exceed the principal amount stated above.  The unpaid principal
balance of this obligation at any time shall be the total amounts advanced
hereunder by the holder hereof less the amount of principal payments made hereon
by or for Borrower, which balance may be endorsed hereon from time to time by
the holder.  The outstanding principal balance of this Note shall be due and
payable in full on November 2, 2000.

     (b) Advances.  Advances hereunder, to the total amount of the principal sum
         --------
stated above, may be made by the holder at the oral or written request of (i)
Steven C. Smith, Shawn E. Saunders, Kamran R. Husain or Mark Eschen, either one
acting alone, who are authorized to request advances and direct the disposition
of any advances until written notice of the revocation of such authority is
received by the holder at the office designated above, or (ii) any person, with
respect to advances deposited to the credit of any account of Borrower with the
holder, which advances, when so deposited, shall be conclusively presumed to
have been made to or for the benefit of Borrower regardless of the fact that
persons other than those authorized to request advances may have authority to
draw against such account.  The holder shall have no obligation to determine
whether any person requesting an advance is or has been authorized by Borrower.

     (c) Application of Payments.  Each payment made on this Note shall be
         -----------------------
credited first, to any interest then due and second, to the outstanding
principal balance hereof, with such payments applied to the oldest Fixed Rate
Term first.

PREPAYMENT:

     (a) Borrower may prepay principal on any portion of this Note at any time
and in any amount.  In consideration of Bank providing this prepayment option to
Borrower, or if this Note

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shall become due and payable at any time prior to the last day of the Fixed Rate
Term applicable thereto by acceleration or otherwise, Borrower shall pay to Bank
immediately upon demand a fee which is the sum of the discounted monthly
differences for each month from the month of prepayment through the month in
which such Fixed Rate Term matures, calculated as follows for each such month:

     (i)  Determine the amount of interest which would have accrued each month
          ---------
          on the amount prepaid at the interest rate applicable to such amount
          had it remained outstanding until the last day of the Fixed Rate Term
          applicable thereto.

    (ii)  Subtract from the amount determined in (i) above the amount of
          --------
          interest which would have accrued for the same month on the amount
          prepaid for the remaining term of such Fixed Rate Term at LIBOR in
          effect on the date of prepayment for new loans made for such term and
          in a principal amount equal to the amount prepaid.

   (iii)  If the result obtained in (ii) for any month is greater than zero,
          discount that difference by LIBOR used in (ii) above.

Borrower acknowledges that prepayment of such amount may result in Bank
incurring additional costs, expenses and/or liabilities, and that it is
difficult to ascertain the full extent of such costs, expenses and/or
liabilities. Borrower, therefore, agrees to pay the above-described prepayment
fee and agrees that said amount represents a reasonable estimate of the
prepayment costs, expenses and/or liabilities of Bank.  If Borrower fails to pay
any prepayment fee when due, the amount of such prepayment fee shall thereafter
bear interest until paid at a rate per annum two percent (2%) above the Prime
Rate in effect from time to time (computed on the basis of a 360-day year,
actual days elapsed).  Each change in the rate of interest on any such past due
prepayment fee shall become effective on the date each Prime Rate change is
announced within Bank.

EVENTS OF DEFAULT:

     The occurrence of any of the following shall constitute an "Event of
Default" under this Note:

     (a) The failure to pay, within 5 calendar days after the due date, any
principal, interest, fees or other charges hereunder or under any contract,
instrument or document executed in connection with this Note; provided however,
that with respect to interest, fees or other charges, no Event of Default shall
be deemed to have occurred if the same are paid later than the fifth day after
the applicable due date but within 30 days after the

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applicable due date no more than two times during the term of this Note.

     (b) The filing of a petition by or against Borrower under any provisions of
the Bankruptcy Reform Act, Title 11 of the United States Code, as amended or
recodified from time to time, or under any similar or other law relating to
bankruptcy, insolvency, reorganization or other relief for debtors (and, if
                                                                    ---
filed against Borrower, the proceeding in question is not dismissed within 60
days after its filing, provided further, that Bank shall not be required to make
advances during such 60 day period); the appointment of a receiver, trustee,
custodian or liquidator of or for any part of the assets or property of
Borrower; Borrower becomes insolvent, makes a general assignment for the benefit
of creditors or is generally not paying its debts as they become due; or any
attachment or like levy on any property of Borrower with a book value of
$5,000,000.00 or more.

     (c) The dissolution or liquidation of Borrower.

     (d)  Any default in the payment or performance of any obligation, or any
defined event of default, under any provisions of any contract, instrument or
document pursuant to which Borrower has incurred (i) any obligation for borrowed
money, (ii) any purchase obligation, or (iii) any other liability of any kind to
any person or entity, including the holder, and, in the cases of (ii) or (iii)
                                            ---
the obligation or other liability exceeds $5,000,000.00, and, in the cases of
                                                         ---
(i), (ii) or (iii), the creditor has taken action(s) with respect to such
default, which action may consist solely of the sending of a notice of default.

     (e)  Any financial statement provided by Borrower to Bank proves to be
incorrect, false or misleading in any material respect.

     (f) Any violation or breach of any provision of, or any defined event of
default under, any addendum to this Note or any loan agreement, guaranty,
security agreement, deed of trust, mortgage or other document executed in
connection with or securing this Note, and, if such violation or breach is by
                                       ---
its nature susceptible of being cured, the same is not cured within 30 days
after the date Borrower first knew (or, using reasonable due diligence, should
have known) thereof.

MISCELLANEOUS:

     (a) Remedies.  Upon the occurrence of any Event of Default, the holder of
         --------
this Note, at the holder's option, may declare all sums of principal and
interest outstanding hereunder to be immediately due and payable without
presentment, demand, notice of nonperformance, notice of protest, protest or
notice of dishonor, all of which are expressly waived by Borrower, and the
obligation, if any, of the holder to extend any further credit

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hereunder shall immediately cease and terminate. Borrower shall pay to the
holder immediately upon demand the full amount of all payments, advances,
charges, costs and expenses, including reasonable attorneys' fees (to include
outside counsel fees and all allocated costs of the holder's in-house counsel),
expended or incurred by the holder in connection with the enforcement of the
holder's rights and/or the collection of any amounts which become due to the
holder under this Note, and the prosecution or defense of any action in any way
related to this Note, including without limitation, any action for declaratory
relief, whether incurred at the trial or appellate level, in an arbitration
proceeding or otherwise, and including any of the foregoing incurred in
connection with any bankruptcy proceeding (including without limitation, any
adversary proceeding, contested matter or motion brought by Bank or any other
person) relating to Borrower or any other person or entity.

     (b) Governing Law.  This Note shall be governed by and construed in
         -------------
accordance with the laws of the State of California.

     IN WITNESS WHEREOF, the undersigned has executed this Note as of the date
first written above.

GREATER BAY BANCORP

By: /s/ Steven C. Smith
    ------------------- --------------------------
Title: EVP, CAO & CFO
                     -----------------------

By:
    -----------------------
Title:
       --------------------

                                      -7-EXECUTION COPY

                        AMENDMENT TO EMPLOYMENT AGREEMENT

         Reference is made to the  Employment  Agreement  made as of November 1,
1996 (the "Employment Agreement"), by and between VERMONT PURE HOLDINGS, LTD., a
Delaware  corporation  (the "Company"),  VERMONT PURE SPRINGS,  INC., a Delaware
corporation  that is a wholly owned subsidiary of the Company  ("Springs"),  and
TIMOTHY FALLON (the "Executive").

         The  Employment  Agreement is hereby  amended as set forth herein.  The
effective date of these amendments is November 1, 1999.

         1. SECTION 3.1 of the  Employment  Agreement is amended by changing the
annual base salary from $186,400 to $205,000.

         2. SECTION 3.2 of the Employment  Agreement is amended by inserting the
following new Sections 3.2.5, 3.2.6 and 3.2.7:

                  SECTION 3.2.5 BONUS FOR ACHIEVING SALES OF  $40,000,000.  With
         respect to the Company's  fiscal years ending  October 2000 and October
         2001:  if the  Company  has  annual  sales  equal  to or in  excess  of
         $40,000,000, then there shall be a bonus of $25,000.

         This bonus is payable only once.

                  SECTION 3.2.6 BONUS FOR ACHIEVING SALES OF  $50,000,000.  With
         respect to the Company's  fiscal years ending  October 2000 and October
         2001:  if the  Company  has  annual  sales  equal  to or in  excess  of
         $50,000,000,  then  there  shall be a bonus of  $50,000.  This bonus is
         payable  only once.  The bonuses set forth in Sections  3.2.5 and 3.2.6
         are  cumulative  and may (but need  not) be  earned in the same  fiscal
         year, but in each case are payable only once.

                  SECTION 3.2.7. BONUS FOR ACHIEVING AND MAINTAINING $5.00 STOCK
         PRICE.  With respect to the period from November 1, 1999 to October 31,
         2001:  if the  closing  price  of the  Company's  Common  Stock  on its
         principal  trading market  (currently  the American Stock  Exchange) is
         equal to or in excess of $5.00  per  share for 54  trading  days in any
         period of 60  consecutive  trading  days,  where a  "trading  day" is a
         business day on which the  principal  trading  market for the Company's
         Common  Stock  is open  for  trading,  then  there  shall be a bonus of
         $50,000. This bonus is payable only once.

         3. SECTION 3.2 of the  Employment  Agreement is amended by  renumbering
the previously  existing Section 3.2.5 as Section 3.2.8,  which shall be amended
to read in its entirety as follows:

                  SECTION 3.2.8. TIME OF BONUS PAYMENTS.  Each bonus required to
         be paid to the Executive  under  Section 3.2,  except for the bonus set
         forth in Section 3.2.7,  shall be paid as soon as practicable after the
         filing with the Securities and Exchange Commission of

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         the Company's  Annual Report on Form 10-K or 10-KSB or successor  form,
         as the case may be. The bonus set forth in Section  3.2.7 shall be paid
         as soon as  practicable  following the delivery to the Company's  Chief
         Financial  Officer of a certificate in writing,  signed by the Chairman
         (or if there is no Chairman,  any member) of the Compensation Committee
         of the Board of Directors, stating that the conditions in Section 3.2.7
         have been satisfied.

         4. In all other  respects,  the terms and  provisions of the Employment
Agreement are hereby confirmed by the parties hereto.

         IN WITNESS  WHEREOF,  the  parties  have  executed  this  Amendment  to
Employment Agreement on October __, 1999.

COMPANY:                                             VERMONT PURE HOLDINGS, LTD.

                                          By:__/s/ David R. Preston_____________
                                                         Name:  David R. Preston
                                                          Title:   Director

SPRINGS:                                             VERMONT PURE SPRINGS, INC.

                                By:__/s/ Frank G. McDougall, Jr.________
                                             Name: Frank G. McDougall, Jr.
                                                          Title:  Director

EXECUTIVE:                 __/s/ Timothy Fallon___________________

                                                     TIMOTHY FALLON

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