MEDICAL TECHNOLOGY SYSTEMS INC /DE/
MATERIAL CONTRACTS
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>32
<FILENAME>elsrevolving.txt
<DESCRIPTION>MATERIAL CONTRACTS
<TEXT>


                              REVOLVING CREDIT NOTE

Executed as of the                                         Amount $5,000,000.00
26th day of June, 2002
and delivered in Philadelphia, PA.

     FOR VALUE  RECEIVED AND  INTENDING  TO BE LEGALLY  BOUND,  the  Undersigned
(jointly  and  severally,  if more  than  one)  promises  to pay to the order of
STANDARD  FEDERAL BANK,  NATIONAL  ASSOCIATION  (hereinafter,  together with any
holder hereof,  called  "Lender"),  at the main office of Agent (as  hereinafter
defined),  the principal sum of Five Million  Dollars  ($5,000,000.00)  plus the
aggregate  unpaid  principal  amount of all loans and advances made by Lender or
Agent to the  Undersigned (or any one of them, if more than one) pursuant to and
in  accordance  with  Subsection  2(a) of the  Loan  Agreement  (as  hereinafter
defined) in excess of such amount,  or, if less, the aggregate  unpaid principal
amount of all loans and advances made by Lender to the  Undersigned  (or any one
of them, if more than one) pursuant to and in accordance with Subsection 2(a) of
the Loan Agreement.  The Undersigned  (jointly and severally,  if more than one)
further  promises to pay interest on the outstanding  principal amount hereof on
the dates and at the rates  provided in the Loan  Agreement from the date hereof
until payment in full hereof.

     This Note is referred to in and was delivered pursuant to that certain Loan
and Security Agreement of even date herewith among LaSalle Business Credit, Inc.
("Agent"),  Lender,  the Undersigned and the Guarantors named therein (as it may
be  amended,  modified  or  supplemented  from time to time,  together  with all
exhibits  thereto,  the  "Loan  Agreement"),  and  evidences  the  Undersigned's
Liabilities in respect of Revolving  Loans.  All terms which are capitalized and
used herein  (which are not  otherwise  defined  herein)  shall have the meaning
ascribed to such terms in the Loan Agreement.

     The  outstanding  principal  balance  hereunder  and all accrued and unpaid
interest  thereon  shall be due and payable in full when and as provided  for in
the Loan Agreement.

     The Undersigned (and each one of them, if more than one) hereby  authorizes
the Agent to charge any  account of the  Undersigned  (and each one of them,  if
more than one) for all sums due hereunder.  If payment hereunder becomes due and
payable  on a  Saturday,  Sunday or legal  holiday  under the laws of the United
States  or the  Commonwealth  of  Pennsylvania,  the due date  thereof  shall be
extended to the next  succeeding  Business  Day, and  interest  shall be payable
thereon at the rate specified  during such extension.  Credit shall be given for
payments made in the manner and at the times provided in the Loan Agreement.  It
is the intent of the parties that the rates of interest and other charges to the
Undersigned  under this Note shall be lawful;  therefore,  if for any reason the
interest or other  charges  payable  hereunder are found by a court of competent
jurisdiction,  in a final  determination,  to exceed  the limit  which  Agent or
Lender may lawfully charge the Undersigned,  then the obligation to pay interest
or other charges shall automatically be reduced to such limit and, if any amount
in excess of such limit shall have been paid, then such amount shall be refunded
to the Undersigned.

<PAGE>
                                       2

     The Undersigned (and each one of them, if more than one) waives the benefit
of any law that  would  otherwise  restrict  or limit  Agent  or  Lender  in the
exercise  of its right,  which is hereby  acknowledged,  to set-off  against the
Liabilities,  without notice and at any time hereafter, any indebtedness matured
or unmatured owing from Agent or Lender to the Undersigned (or any one of them).
The  Undersigned  (and  each  one of  them,  if  more  than  one)  waives  every
counterclaim  (other than those that are not permitted to be brought in separate
actions) or setoff  which the  Undersigned  (or any one of them) may now have or
hereafter may have to any action by Agent and/or  Lender in enforcing  this Note
and/or any of the other  Liabilities,  or in enforcing  Agent's and/or  Lender's
rights in the Collateral and ratifies and confirms  whatever Agent and/or Lender
may do pursuant to the terms hereof and of the Loan  Agreement  and with respect
to the  Collateral  and agrees that neither Agent nor Lender shall be liable for
any error in judgment or mistakes of fact or law except for gross  negligence or
willful misconduct.

     The Undersigned, any other party liable with respect to the Liabilities and
any and all endorsers and accommodation  parties,  and each one of them, if more
than one, waive any and all presentment,  demand,  notice of dishonor,  protest,
and all other notices and demands in connection  with the enforcement of Agent's
and Lender's rights hereunder.

     The loans evidenced  hereby have been made and this Note has been delivered
at Philadelphia, Pennsylvania. THIS NOTE SHALL BE GOVERNED AND CONTROLLED BY THE
INTERNAL  LAWS  OF  THE  COMMONWEALTH  OF  PENNSYLVANIA  AS  TO  INTERPRETATION,
ENFORCEMENT,   VALIDITY,  CONSTRUCTION,  EFFECT,  AND  IN  ALL  OTHER  RESPECTS,
INCLUDING  WITHOUT  LIMITATION,  THE  LEGALITY OF THE  INTEREST  RATES AND OTHER
CHARGES,  and shall be binding upon the  Undersigned  (and each one of them,  if
more than  one) and the  Undersigned's  legal  representatives,  successors  and
assigns  (and each one of them,  if more than one).  If this Note  contains  any
blanks when executed by the  Undersigned (or any of them, if more than one), the
Agent or Lender is hereby authorized,  without notice to the Undersigned (or any
of them,  if more than one) to complete  any such blanks  according to the terms
upon which the loan or loans were granted.  Wherever possible, each provision of
this Note shall be interpreted in such manner as to be effective and valid under
applicable  law, but if any  provision of this Note shall be prohibited by or be
invalid under such law, such provision shall be severable, and be ineffective to
the extent of such prohibition or invalidity, without invalidating the remaining
provisions  of this Note.  If more than one party shall  execute this Note,  the
term  "Undersigned" as used herein shall mean all parties signing this Note, and
each one of them, and all such parties,  their respective legal representatives,
successors and assigns, shall be jointly and severally obligated hereunder.

     To  induce  the  Lender  to make  the  loan  evidenced  by this  Note,  the
Undersigned  (and each one of them,  if more than  one) (i)  irrevocably  agrees
that,  subject to Agent's and Lender's sole and absolute  election,  all actions
arising directly or indirectly as a result or in consequence of this Note or any
other  agreement  with the  Agent,  or the  Collateral,  may be  instituted  and
litigated in courts having situs in the City of Philadelphia, Pennsylvania; (ii)
hereby consents to the exclusive  jurisdiction and venue of any State or Federal
Court located and having its situs in said city;  and (iii) waives any objection
based on forum  non-conveniens.  IN ADDITION,  AGENT, LENDER AND THE UNDERSIGNED
(OR ANY ONE OF THEM,  IF MORE THAN ONE) HEREBY WAIVE TRIAL BY JURY IN ANY ACTION
OR  PROCEEDING  WHICH  PERTAINS   DIRECTLY  OR  INDIRECTLY  TO  THIS  NOTE,  THE

<PAGE>
                                       3

LIABILITIES, THE COLLATERAL, ANY ALLEGED TORTIOUS CONDUCT BY THE UNDERSIGNED (OR
ANY ONE OF  THEM,  IF MORE  THAN  ONE),  AGENT  OR  LENDER  OR WHICH IN ANY WAY,
DIRECTLY OR INDIRECTLY, ARISES OUT OF OR RELATES TO THE RELATIONSHIP BETWEEN THE
UNDERSIGNED,  ON THE ONE HAND (OR ANY ONE OF THEM, IF MORE THAN ONE),  AND AGENT
AND LENDER ON THE OTHER. In addition, the Undersigned agrees that all service of
process shall be made as provided in the Loan Agreement.

     As used herein,  all  provisions  shall  include the  masculine,  feminine,
neuter, singular and plural thereof, wherever the context and facts require such
construction and in particular the word "Undersigned" shall be so construed.

     IN WITNESS  WHEREOF,  the  Undersigned,  has executed this Note on the date
above set forth.

                                        MEDICAL TECHNOLOGY SYSTEMS, INC.

                                        By:  ________________________________

                                        Name/Title:  ________________________

                                        Address:
                                        _____________________________________
                                        _____________________________________
                                        _____________________________________


                                        MTS PACKAGING SYSTEMS, INC.

                                        By:  ________________________________

                                        Name/Title:  ________________________

                                        Address:
                                        _____________________________________
                                        _____________________________________
                                        _____________________________________



_______________________________________________________________________________


FOR LENDER USE ONLY

Officer's Initials:  __________
Approval: __________



</TEXT>
</DOCUMENT>
