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1 EXHIBIT 10.16 Mr. Howard Farkas The Farkas Group, Inc. 6601 East Progress Avenue Englewood, Colorado 80111 Re: Repayment of Loan Dear Howard: This letter will memorialize our recent conversations regarding the repayment of your promissory note in...Loan Repayment Agreement • January 13th, 1999 • Logic Devices Inc • Semiconductors & related devices