Document:

Exhibit 10.5

 

REVOLVING LINE OF CREDIT

 

MAXIMUM PRINCIPAL AMOUNT:

 

$1,300,000.00

 

DEMAND REVOLVING LINE
OF CREDIT NOTE

 

FOR VALUE RECEIVED,
the Undersigned, Lansal, Inc., a Massachusetts corporation with a principal place of business at 134 Avocado Street, Springfield,
Hampden County, Massachusetts (the "Borrower"), promises to pay to the order of UNITED BANK, a federally chartered stock
bank ("Lender"), with a principal address of 95 Elm Street, West Springfield, Massachusetts or such other place as Lender
may designate in writing, ON DEMAND, the principal sum of ONE MILLION THREE HUNDRED THOUSAND AND 00/100 DOLLARS ($1,300,000.00),
or, if greater or lesser, the (then) total unpaid principal balance due Lender (as reflected by the Lender's books and records)
as a result of loans hereafter made by Lender to the Undersigned under this Note from time to time, plus all interest and other
charges due Lender hereunder.

 

Interest upon all loans
advanced under this Note shall, from the date of the advance and until repaid, accrue at an adjustable rate of interest floating
at one half of one percent (0.50%) per annum over Lender's Prime Rate (as hereinafter defined) and shall be payable monthly in
arrears, commencing one (1) month from the date hereof and on the same day of each m0nth thereafter, without demand, provided,
however in no event, and at no time, shall the interest rate charged in connection with this Note be less than four and 00/100
percent (4.00%} per annum. Lender's "Prime Rate" as used herein shall mean the "Prime Rate" as identified and
published by the Wall Street Journal under its listing of Money Rates (and where more than one "Prime Rate"
is so published, the highest rate shall be used herein). Each change in such interest rate shall take effect simultaneously with
the corresponding change in such Prime Rate. If the above Prime Rate index should no longer become available, Lender shall select
a new index which is based upon comparable information and shall notify the Undersigned of the change. Interest hereunder shall
be computed on the basis of a three hundred sixty (360) day year and shall accrue and be paid for the actual number of days any
principal hereunder remains unpaid.

 

In accordance with
the terms hereof, Lender shall consider the Undersigned's requests from time.:to-time for loans hereunder, and Lender may from
time-to-time make such loans to the Undersigned, at Lender's sole and exclusive discretion. Availability of loans shall be subject
to the Lender's annual review. The availability of loans or advances shall not exceed eighty percent (80%) of eligible accounts
receivable aged sixty days outstanding or less, with concentrations in excess of thirty percent (30%) of outstanding accounts receivable
and other accounts receivable not considered as Acceptable Accounts to be excluded, all as determined by the Lender in its sole
and exclusive discretion. For purposes hereof, "Acceptable Accounts" shall mean the Borrower's accounts receivable which
Lender determines, in its discretion, are of acceptable quality. The Undersigned shall submit a weekly Borrowing Base Certificate
for review and approval by the Lender.

 

    	 

    	 

    

 

The aggregate amount
of all loans or advances (plus any amounts added to principal pursuant to the terms of this Note) made by Lender to Undersigned
hereunder, less all payments and credits which Lender has applied against principal under the terms of this Note, shall constitute
the unpaid principal balance due Lender hereunder, while the total amount of the Undersigned's indebtedness to Lender by reason
of loans, advances, and other appropriate charges, including interest, under this Note, less all payments and credits which Lender
has applied against the indebtedness under the terms of this Note, shall constitute the total unpaid balance due Lender hereunder.
The Lender's books and records shall at all times constitute prima facie evidence of all amounts due Lender. At least once each
month, Lender shall render a statement of account for the amounts due Lender hereunder, which statement shall be considered correct,
accepted by, and conclusively binding upon the Undersigned, unless the Undersigned submits a written objection within fifteen (15)
days from the date the statement is mailed to the Undersigned.

 

It will be within the
continuing, sole and exclusive discretion of Lender whether to make or continue to make loans or advances of any amount under this
Note. At no time shall the Undersigned be entitled to any loans or advances which cause the unpaid principal balance hereunder
to exceed the stated maximum principal amount hereof of One Million Three Hundred Thousand and 00/100 Dollars ($1,300,000.00),
and if at any time such excess does arise, the Undersigned shall pledge, assign, and transfer to Lender additional collateral or
shall pay cash to Lender to be credited to the total unpaid balance hereof in such an amount as may be necessary to eliminate this
excess. However, nothing herein shall be construed to restrict Lender, in its sole and exclusive discretion, from making advances
in excess of the stated maximum principal amount or from waiving any requirements upon collateral herein, without modification
hereof or the execution of any additional note(s), and by so doing at any time, Lender does not waive its right to insist upon
strict compliance with the terms hereof at any other time and to further rely upon all collateral secured to it for satisfaction
of all obligations of the Undersigned to Lender, without exception. ,

 

The Undersigned, and
each guarantor and endorser hereof, agree that Lender, in its sole and exclusive discretion, may make loans hereunder to the Undersigned
upon verbal or written authority from any person representing to have authority to act on behalf of the Undersigned and may deliver
loans hereunder to the Undersigned by direct deposit to any demand deposit account of the Undersigned with Lender, or as otherwise
instructed.

 

If any payment required
hereunder is more than fifteen (15) days overdue, (in addition to the interest accruing hereunder) a late charge of five percent
(5.00%) of the overdue payment shall be charged to the Undersigned and be immediately due and payable to Lender. Any payment having
a due date falling upon a legal holiday or a day during which Lender is not open for business shall be due and payable on the next
business day for which Lender is open for business, and interest shall continue to accrue during the extended period.

 

    	2

    	 

    

 

Upon the occurrence
of a default, the Undersigned hereby authorizes Lender to debit from any account(s) of the Undersigned with Lender, at any time,
any interest or other charges due Lender hereunder, without prior notice to the Undersigned.

 

Any interest or other
charges hereunder, if not paid when due, may, at Lender's option and without prior notice to the Undersigned, or any guarantor
or endorser hereof, be added to the principal balance due hereunder, with interest likewise accruing thereon at the rates set forth
herein.

 

Any payments received
by Lender with respect to this Note shall be applied first to any charges, or expenses (including attorneys' fees) due Lender from
the Undersigned, second to any unpaid accrued interest hereunder, and third to the unpaid principal hereunder.

 

If any payment received
by Lender with respect to this Note shall be deemed by a court of competent jurisdiction to
have been a voidable preference or fraudulent conveyance under federal or state law, or otherwise due any party other than Lender,
then the obligation for which the payment was made shall not be discharged by the payment and shall survive as an obligation due
hereunder, notwithstanding the Lender's return to the Undersigned or any other party of the original of this Note or other instrument
evidencing the obligation for which payment was made.

 

During each calendar
year, the Undersigned agrees to reduce the unpaid balance due hereunder to zero and maintain such balance for a period of thirty
(30) consecutive days.

 

Upon the occurrence
of a default hereunder, interest upon the total unpaid principal hereunder shall thereafter, at the Lender's option, without notice
to Undersigned, or to any guarantor or endorser hereof, and until payment in full of all obligations hereunder, accrue at a default
rate ("Default Rate") equal to the lesser of (i) the highest interest rate permitted by applicable law or (ii)
five percent (5.00%) per annum above the interest rate then in effect hereunder at the time of the default.

 

It is not intended
under this Note to charge interest at a rate exceeding the maximum rate of interest permitted to be charged under applicable law,
but if interest exceeding said maximum rate should be paid hereunder, the excess shall, at Lender's option, be (a) deemed a voluntary
prepayment of principal not subject to the prepayment premium (if any) set forth herein or (b) refunded to the Undersigned.

 

The following described
property, in addition to all other collateral now or hereafter provided by the Undersigned or any other obligor to Lender, shall
secure this Note and all other present or future obligations of the Undersigned to Lender: A security interest in all of the assets
of Borrower and BML Holdings, LLC, and mortgages on property owned by Matthew D. Morse and Barbara F. Morse located at 51 Hop Brook
Road, Amherst, Hampshire County, Massachusetts and property owned by BML Holdings, LLC located at 134 Avocado Street, Springfield,
Massachusetts.

 

    	3

    	 

    

 

As additional collateral
for the payment and performance of this Note and all other obligations, whether now existing or hereafter arising, of the Undersigned
to Lender, Lender shall at all times have and is hereby granted a security interest in and right of offset against all cash, deposit
balances and/or accounts, instruments, securities, or other property of the Undersigned, and of any endorser or guarantor hereof,
now or hereafter in the possession of Lender, whether for safekeeping or otherwise. This right of offset shall permit Lender at
any time and without notice to the Undersigned or any endorser or guarantor hereof, to transfer such funds or property as may be
deemed by Lender to be appropriate so as to reduce or satisfy any obligation of the Undersigned to Lender, whether or not such
obligation is then due.

 

All unpaid principal, interest, and other
amounts due under this Note shall at all times be immediately due and payable UPON DEMAND (whether or not scheduled payments required
hereunder have been timely made), and this Note shall be IN DEFAULT· upon the failure of the Undersigned to pay immediately
any amount due hereunder, once demand is made.

 

The Undersigned, and
each endorser and guarantor hereof, respectively (a) waive presentment, demand, notice, protest, and delay in connection with the
delivery, acceptance, performance, collection, and enforcement of this Note, and (b) assent to any extension, renewal, modification,
or other indulgenc;e permitted by Lender with respect to this Note, including, without limitation, any release, substitution, or
addition of co-makers, endorsers, or guarantors of this Note and any release, substitution, or addition of collateral securing
this Note or any other obligations of the Undersigned, or any such endorsers or guarantors, to Lender, and (c) authorize Lender,
in its sole and exclusive discretion and without notice to the Undersigned, or any endorser or guarantor hereof, to complete this
Note if delivered incomplete in any respect.

 

No indulgence, delay
or omission by Lender in exercising or enforcing any of its rights or remedies hereunder shall operate as a waiver of any such
rights or remedies or of the right to exercise them at any later time. No waiver of any default hereunder shall operate as a waiver
of any other default hereunder or as a continuing waiver. Tbe Lender's acceptance of any payment hereunder, following any default,
shall not constitute a waiver of such default or of any of the Lender's rights or remedies hereunder (including charging interest
at the Default Rate), unless waived in writing by Lender.

 

All of the Lender's
rights and remedies hereunder and under any other related loan documents shall be cumulative and may be exercised singularly or
concurrently, at the Lender's sole and exclusive discretion.

 

    	4

    	 

    

 

The Undersigned, and
each endorser and guarantor hereof, jointly and severally agree to pay on demand all costs and expenses, including, but not limited
to, reasonable attorney's fees, incurred by Lender in connection with the protection and/or enforcement of any of Lender's rights
or remedies hereunder, whether or not any suit has been instituted by Lender.

 

The word "Lender"
where used herein shall mean the named payee, its successors, assigns, affiliates, and endorsees (and/or the holder of this Note
if, at any time, it is made payable to bearer), all of whom this Note shall inure to their benefit as holders in due course.

 

The word "Undersigned"
where used herein includes the Borrower, any and all makers and co-makers hereof, and their respective heirs, successors, assigns,
and representatives, all of whom, along with each endorser and guarantor of this Note, and their respective heirs, successors,
assigns, and representatives, shall be jointly and severally liable hereunder. Any reference herein to the Undersigned, or to any
endorser or guarantor hereof, is a reference to such party or parties individually as well as collectively.

 

The use of masculine
or neuter genders hereunder shall be deemed to include the feminine, and the use of the singular or the plural herein shall be
deemed to include the other, as the context may require.

 

The Undersigned represents
that the proceeds .of this Note will not be used for personal, family, or household purposes and that this loan is strictly a commercial
transaction.

 

The Undersigned, at
its own expense, shall provide Lender with such financial statements and other information as Lender may from time-to-time require.

 

This Note shall be
governed by the laws of the Commonwealth of Massachusetts, and the Undersigned, and each endorser and guarantor hereof, submit
to the jurisdiction of its courts with respect to all claims concerning this Note or any collateral securing it.

 

ALL PARTIES TO THIS
NOTE, INCLUDING LENDER, HEREBY EXPRESSLY WAIVE ALL RIGHTS TO TRIAL BY JURY, AS TO ALL ISSUES, INCLUDING ANY COUNTERCLAIMS, WITHOUT
EXCEPTION, IN ANY ACTION OR PROCEEDING RELATING, DIRECTLY OR INDIRECTLY, TO . THIS NOTE AND/OR OTHER INSTRUMENTS OR LOAN DOCUMENTS
(IF ANY) EXECUTED IN CONNECTION HEREWITH.

 

This Note constitutes
a final written expression of all of its terms and is a complete and exclusive statement of those terms. Any modification or waiver
of any of these terms must be in writing signed by the party against whom the modification or waiver is to be enforced.

 

    	5

    	 

    

 

THE UNDERSIGNED ACKNOWLEDGES
THAT THIS NOTE IS A DEMAND NOTE AND THE RIGHT OF THE LENDER TO DEMAND PAYMENT OF THIS NOTE IN WHOLE OR IN PART AT ANY TIME SHALL
BE ABSOLUTE, UNCONDITIONAL AND IN THE SOLE DISCRETION OF THE LENDER.

 

The Undersigned, and
each endorser and guarantor hereof, agree to be bound by the terms of this Note and acknowledge receipt of a signed copy hereof.

 

Signed as a sealed instrument this 28th
day of December, 2012.

 

	Witness:	 	Lansal, Inc.
	 	 	 
	[Illegible]	 	By:	/s/ Matthew D. Morse
	 	 	Matthew D. Morse, President and Treasurer

 

    	6Exhibit 10.6

 

		 	115
    Commercial Drive
	 	 	P.O. Box 31
	 	 	Columbus, WI  53925
	 	 	920-623-4152
	 	 	FAX 920-623-3780
	 	 	www.lycomfg.com

 

QUOTATION

 

	To:	Hot Mama’s Foods	June 18, 2012
	 	134 Avocado Street	QUOTATION # 12-6-49808
	 	Springfield MA  01104	 

  

	ATTN:	Mr. Matt Morse	Prepared By:  Travis Vergenz

 

 

 

	One	LYCO Patented Pressure-Flow® Continuous Pressure Cooker 50” X 13’

 

		·	A 73" diameter vessel, ASME rated to 20 psi pressure vessel

		·	304 Stainless Steel construction

		·	Swing bolt hinged door on discharge end, and Bolt flanged connection on in feed

		·	(2) Side ports for visual inspection

		·	LYCO's patented Clean-Flow® 50" x 13' cooking system, shaft driven auger with 9" flights, and .040" wedge
wire screen capable of 360 degree rotation for cleaning

		·	CIP Spray Headers for screen and inside of tank internal to the pressure vessel

		·	Pressure-Flow® system includes LYCO's unique plenum discharge

		·	LYCO's Patented Hydro-Flow® agitation using internal headers

		·	Hydro-Flow® Centrfigual Pump, Size 4x6-10 coupled to a 30 hp, 3 ph, 60 Hz, 230/460 volt, 1750 RPM, Inverter Rated Server
Duty motor, entire unit to be mounted on an epoxy painted cast iron base plate, includes coupling and stainless steel guard

		·	LYCO plenum discharge using a Centrifugal Pump, Size 3x5-8G coupled to a 7.5 hp, 3 ph, 60 Hz, 230/460 volt, 1750 RPM, Inverter
Rated Wash Down motor, entire unit to be mounted on an epoxy painted cast iron base plate, includes coupling and stainless steel
guard.

		·	Heavy duty drop through rotary valve inlet and outlet, demountable without the use of tools, and including an easy slide
rotor support

		·	Rotary valve housing - 304 Stainless Steel, Rotor and Shaft Assembly - 304 Stainless Steel. 10 Vanes

 

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QUOTATION

 

		·	Rotary Valve seals - high temp gland packing seals Lantern Rings – Stainless Steel lantern rings, Constructed for
High Pressure 2 Bar Conveying, Interior Finish - 60 grit ground and polished

 

		·	Rotary Valve gearbox - Eurodrive parallel shaft, motor - Eurodrive 1 hp, 230/460/3/60, TEFC, Drive - side mount, chain and
sprocket

 

Control valves included for steam control,
water fill and make-up, water drain, and pressure regulation. Over pressure safety relief valve included. All plumbing utilizes
piping and bolted connections. Piping designed to be cleaned in-place, with minimal low point automated drains.

 

	 	LIST SELLING PRICE	$900,000.00
	 	 	 
	 	DISCOUNTED SELLING PRICE	$600,000.00

 

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QUOTATION

 

		One	LYCO CLEAN-FLOW ® XT COOLER 40" X 7' Long System

 

			Drive Specifications:

		·	Sew Eurodrive with “C” Face Motor for Auger Drive 

 

			Handling Features:

		·	Transfer Flume using Chilled Water

		·	Water Plenum Discharge

 

			

			Auger & Screen Features:

		·	Precision Auger with Journals

		·	Core Design, 14 Ga.

		·	9” Pitch Flights, - Electro Polished

		·	Shaft Driven

		·	Chain Driven

 

Tank & Frame Features:

		·	12 Ga. Tank

		·	Integral Frame and Tank with 3/8" End Plates

		·	Sanitary Fittings (T-304) for Water Fill, Drain, Thermometers, RTD

		·	One Over-flow Weir

		·	Hydro-Flow with Internal Header, Control Valves, Y-Strainer, and Piping with 15 HP Pump to run Hydro-Flow, Water Plenum,
and CIP System

 

			Cover System Features:

		·	Two Way Flip Top 

		·	Aluminum Air Cylinders

		·	CIP System 

		·	12 Ga. Formed

 

	 	SELLING PRICE	$168,255.00

 

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QUOTATION

 

		One	Control System for a 50 X 13 Pressure-Flow Cooker
and 40” X 7’ Clean-Flow XT

Cooler

   Automated Water Fill/Make-Up

   Automated Drains

 

Main Control Panel / Enclosures

   Nema 4X Stainless Steel Free Standing
Enclosure

   ABB MCCB Main Disconnect

 

Motor Control

   Allen Bradley PowerFlow 4/40/400 VF Drives

   Allen Bradley Motor Starters

   Hubbell Local Motor Disconnects

 

PLC/HMI

   Allen Bradley CompactLogix L23E PLC System
– v19

   Allen Bradley Point I/O for Expanded
I/O

   Parker EPX HMI running Interact X (10”
unit)

 

General Components

   ABB Circuit Breakers

   Mersen Fuses / Fuse Holders

   PILZ Safety Relay

   Allen Bradley / Wago control relays

   Hammond Transformer

   Siemens DC Power Supply

   IFM Efector / Endress & Hauser process
sensor

   Sensor Tek RTD’s

   Allen Bradley Safety Sensors

   Allen Bradley 50mm stack light

   Allen Bradley 22.5mm operators

 

Wiring

   All equipment mounted components pre-wired
to junction boxes – CPVC Conduit

 

	 	SELLING PRICE	$85,880.00

 

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QUOTATION

 

Mechanical Commissioning/Training includes:

   (2) Days Travel, (5) Days on site, meals,
hotel, transportation

 

	 	SELLING PRICE	$13,900.00

 

Each additional day billed at $1,800.00
Per Day

 

Electrical Commissioning/Training includes:

   (2) Days Travel, (5) Days on site, meals,
hotel, transportation

 

	 	SELLING PRICE	$13,900.00

 

Each additional day billed at $1,800.00
Per Day

 

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QUOTATION

 

	PROPROSED SHIPPING DATE:	Machine design, construction and shipment is estimated at  9 – 12 Months from the time of receipt of firm purchase order, down payment and finalization of technical details.  The shipping estimate is also contingent upon the production schedule at the time of order. 
	 	 
	FOB:	Columbus, Wisconsin
	 	 
	TERMS PRESSURE-FLOW:	$120,000.00 Non Refundable, 20% Down Payment at time of  Order 60% At Successful FAT at Lyco 20% Net 30 Days from Successful Start-up not to exceed 60 Days from delivery
	 	 
	CLEAN-FLOW & CONTROLS	40% down with order, 50% prior to shipment, 10% Net 30
	 	 
	VALIDITY:	Due to the volatility of steel prices, please add 1% to the prices quoted herein for every month that passes beyond the date of this quotation.

 

Lyco reserves the right to change specifications at any time.

 

Lyco submits this proposal for a Lyco Pressure-Flow®
Continuous Pressure Cooker based on the following specifications:

 

PRODUCT: Chick Peas

PPH:             2,500 – 3,000

PRESSURE FLOW RETENTION TIME: 30 Minutes 

COOLER RETENTION TIME: 10 Minutes

PCF: 50

 

	 

 

	 	By:	Travis Vergenz,
	 	 	Area Sales Manager
	 	 	 
	 	Signature:	/s/ Travis Vergenz

  

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		 	Hot Mama's Foods	 	Purchase Order
	 	134 Avocado St.	 
	 	Springfield, MA 01104	 	 	 	 
	 	Phone: 413-737-6572	 	Date	P.O. No.	Expected
	 	Fax: 413-737-6793	 	11/20/2012	27707	11/20/2012

 

	Vendor	 	Ship To
	LYCO Manufacturing, Inc.	 	Hot Mama's Foods
	115 Commercial Dr.	 	120 West Palatine
	POB 31	 	Wheeling, IL 60090
	Columbus, WI 53925

	 	 
	 	 	 

	 	Ship Via	FOB
	 	 	 

	Vendor P/N	Description	Qty	U/M	Price	Amount
	 	 	 	 	 	 
	 	LYCO Quote #12-6-49808-2: Pressure-Flo	1	 	600,000.00	600,000.00
	 	Continuous Pressure Cooker 50" x 13' as described	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	Total	$        600,000.00

 

ALL PURCHASE ORDERS REQUIRE Confirmation by Fax. Deliveries
without confirmation will be refused. Please sign and return.

 

	Signature: 	 	 	 DATE: 	 	 

Receiving hours: 8:00 AM TO 3:00 PM, appointment required.

Contact Warehouse Manager at ext. 105.

 

Hot Mama's Foods reserves the right, at its sole discretion,
to refuse any product that does not conform to agreed specifications. Receiving temperature, shelf life, HACCP, and allergen controls
must be adhered to. All substitute products must be agreed upon in advance of delivery. All suppliers will be held to their signed
Letter of Guarantee.

 

ALL DELIVERIES MUST BE ACCOMPANIED BY A PACKING SLIP INDICATING
THE BATCH/LOT CODE TRACEABILITY INFORMATION AS REQUIRED BY THE BIOTERRORISM ACT OF 2003. IF MULTIPLE LOTS ARE PRESENT EACH LOT
MUST BE SPECIFIED.

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