Revolving Credit Note ($16,822,429.91)

EXHIBIT 10.7


Revolving Credit Note


$16,822,429.91 July 29, 1999


ACT Manufacturing, Inc. and CMC Industries, Inc. (collectively, the "Borrowers"), for value received, hereby jointly and severally promise to pay to the order of Sovereign Bank (the "Lender") at the office of The Chase Manhattan Bank at One Chase Square, Rochester, New York 14643, for the account of such Lender, the principal sum of Sixteen Million Eight Hundred Twenty-Two Thousand Four Hundred Twenty-Nine Dollars and 91/100 ($16,822,429.91) or, if less, the amount of Revolving Credit Loans loaned by the Lender to the Borrowers pursuant to the Amended and Restated Credit Agreement referred to below, in lawful money of the United States of America and in immediately available funds, on the date(s) and in the manner provided in said Amended and Restated Credit Agreement. The Borrowers also promise to pay interest on the unpaid principal balance hereof, for the period s ...