Promissory Note between Trinity Partners Acquisition Company Inc. and Lawrence Burstein dated April 27, 2004

Summary

Trinity Partners Acquisition Company Inc. promises to pay Lawrence Burstein $23,000 by April 26, 2005, or sooner if the company completes its initial public offering. The note does not accrue interest. Payment will be made at a specified address in New York unless otherwise directed by the holder. The company waives certain formalities related to payment and notice. This agreement is signed by the company's chairman.

EX-10.7 23 file020.htm PROMISSORY NOTE WITH LARRY BURSTEIN

  PROMISSORY NOTE $23,000.00 April 27, 2004 FOR VALUE RECEIVED, Trinity Partners Acquisition Company Inc., a Delaware corporation (the "Company"), hereby promises to pay to the order of Lawrence Burstein (the "Holder") the principal sum of Twenty Three Thousand ($23,000.00) dollars upon the earlier of (i) April 26, 2005 or (ii) the consummation of the Company's initial public offering of its equity securities. This Note shall not bear interest on the principal sum thereof. The principal of this note shall be paid at 245 Fifth Avenue, Suite 1600, New York, New York 10016, or at such other place (including the office of any commercial bank) within or without the State of New York as may hereafter be designated by written notice given by the Holder of this Note to the Company. The Company hereby waives presentment, demand for payment, notice of dishonor, notice of protest, and all other notices and demands in connection with the delivery, acceptance, performance, default, endorsement or guarantee of this note. TRINITY PARTNERS ACQUISITION COMPANY INC. By: /s/ James Scibelli ------------------------- Name: James Scibelli Title: Chairman