EX-10.1 E
from 8-K
1 page
Pacific Mercantile Bank Irrevocable Standby Letter of Credit Date: 5/15/2007 Letter of Credit No. 600704242 Amount U.S. $1,825,000.00 Issuing and Advising Bank Pacific Mercantile Bank 949 South Coast Dr., Ste. 300 Costa Mesa, Ca 92626 Applicant Name and Address: High Capital Funding LLC 333 Sandy Springs Circle, Suite 230 Atlanta, Ga 30328 in Favor of Converted Organics Inc. 7a Commercial Wharf West Boston, Ma 02110 Expiration Date: April 7, 2008 6:00 Pm Pst (Drafts to Be Drawn and Presented to the Issuing Bank on or Before This Date. See Additional Provisions Below Regarding Expiration and Renewal Conditions.) Gentlemen
12/34/56