YP Corp. Line of Credit Renewal Letter from Merrill Lynch Business Financial Services Inc., dated May 19, 2005

EX-10.2 3 ex10_2.htm EXHIBIT 10.2 Exhibit 10.2

Exhibit 10.2
 
 
Global Private Client Group
 
Merrill Lynch Business
Financial Services Inc.
222 North LaSalle Street
17th Floor
Chicago, Illinois 60601
(312) 499-3284
FAX: (312) 499-3254
     
   
May 19, 2005

Mr. Chris Broquit
YP Corp
4840 E. Jasmine Street, Suite 105
Mesa, AZ 85205

RE: WCMA LINE OF CREDIT NO. 412-02104 ("Line of Credit")

Dear Mr. Broquist,

It is a pleasure to inform you that we have approved a renewal of the Line of Credit for YP Corp.

As renewed, the new Maturity Date will be April 30, 2006, with all other terms and conditions remaining unchanged. In connection with this renewal, a $10,000.00 fee will be charged to the WCMA Account.

Should you have any questions, please contact Nick Zappia at ###-###-####.

Very truly yours,

Merrill Lynch Business Financial Services Inc.

By:
/s/ Jack Gongaware
 
Jack Gongaware
 
Credit Manager
 
 
cc:
Nick Zappia
Richard W. Tribble