Exhibit 7
HORTON CAPITAL PARTNERS FUND, LP
1717 ARCH STREET, 39TH FLOOR
PHILADELPHIA PA 19103
March 31, 2017
BY ELECTRONIC MAIL, FACSIMILE AND OVERNIGHT MAIL
CPS Technologies Corporation
111 South Worcester Street
Norton, Massachusetts 02766-2102
Attn: Susan E. April, Vice President, Administration and Secretary
Re: | Notice of Withdrawal of Nomination of Individuals for Election as Directors at the 2017 Annual Meeting of Stockholders of CPS Technologies Corporation |
Dear Ms. April:
On March 3, 2017, Horton Capital Partners Fund, LP (“Horton”) delivered a letter (the “Nomination Letter”) to CPS Technologies Corporation (the “Company”) notifying the Company as to the nomination of Thomas J. Coffey, Mitchell H. Herbets, Michael J. Howe, Leo L. Linehan and Matthew Moynihan for election to the Board of Directors of the Company (the “Board”) at the 2017 annual meeting of stockholders, or any other meeting of stockholders held in lieu thereof, and any adjournments, postponements, reschedulings or continuations thereof (the “2017 Annual Meeting”).
Horton hereby withdraws its Nomination Letter and, accordingly, its nomination of Messrs. Coffey, Herbets, Howe, Linehan and Moynihan for election as directors at the 2017 Annual Meeting.
Very truly yours, | ||||
HORTON CAPITAL PARTNERS FUND, LP | ||||
By: | Horton Capital Partners, LLC, its General Partner | |||
By: |
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Name | Joseph Manko, Jr. | |||
Title: | Managing Member of Horton Capital Partners, LLC |