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Exhibit 10.23a
[BIO-PLEXUS LETTERHEAD]
September 13, 1999
To the undersigned holders of
6% Convertible Debentures due 2004
RE: Amendment of 6% Convertible Debentures due 2004
Dear Sirs:
This letter agreement ("Agreement") will evidence the understanding of
Bio-Plexus, Inc. (the "Company") and the undersigned parties regarding the
amendment of certain 6% Convertible Debentures (the "Debentures") of the
Company due 2004. The undersigned parties are holders of Debentures in the
aggregate initial principal amount of $2,500,000 which were issued pursuant to
an April 1999 private placement of Bio-Plexus securities.
In consideration of the mutual and dependent promises set forth below, the
parties agree as follows:
1. Paragraph 2(b) of the Debentures shall be amended and replaced in its
entirety as follows:
"(b) The interest is payable in such coin or currency of the United States
of America as at the time of payment is legal tender, to the persons in whose
names the applicable Debenture is duly registered on the Debenture Register
(each, a "HOLDER," collectively, the "HOLDERS") on the tenth day prior to the
applicable Interest Payment Date and at the address last appearing on the
Debenture Register as designated in writing by such Holder thereof from time to
time."
2. Paragraph 2(c) of the Debentures shall be amended and replaced in its
entirety as follows:
"(c) [DELETED]."
3. Paragraph 2(d) of the Debentures shall be amended and replaced in its
entirety as follows:
"(d) [DELETED]."
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Undersigned Holders of
6% Convertible Debentures due 2004
September 13, 1999
Page 2
4. Paragraph 2(e) of the Debentures shall be amended and replaced in its
entirety as follows:
"(e) [DELETED]."
All other terms and conditions of the Debentures not amended by this
Agreement remain in full force and effect. If these terms constitute an
acceptable understanding, please sign two (2) copies of this Agreement and
return one copy to me.
Sincerely,
BIO-PLEXUS, INC.
By: /s/ Xxxxxxx X. Xxxxxxx
------------------------------
Xxxxxxx X. Xxxxxxx
President
ACCEPTED AND AGREED as of this 13th day of September 1999:
XXXXXXXX, X.X.
By: Xxxxxx, Xxxxxx & Co., L.P.
Its: General Partner
By: /s/ Xxxxxxx X. Xxxxxx
------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Chief Operating Officer
Address: c/o Xxxxxx, Xxxxxx & Co., L.P.
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxx Xxxx
Telephone: (000) 000-0000
Telecopy: (000) 000-0000
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Undersigned Holders of
6% Convertible Debentures due 2004
September 13, 1999
Page 3
AG SUPER FUND INTERNATIONAL PARTNERS, L.P.
By: Xxxxxx, Xxxxxx & Co., L.P.
Its: General Partner
By: /s/ Xxxxxxx X. Xxxxxx
-------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Chief Operating Officer
Address: c/o Xxxxxx, Xxxxxx & Co., L.P.
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxx Xxxx
Telephone: (000) 000-0000
Telecopy: (000) 000-0000
RAMIUS FUND, LTD.
By: AG Ramius Partners, L.L.C.
Its: Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxx
--------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Managing Officer
Address: c/o Xxxxxx, Xxxxxx & Co., L.P.
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxx Xxxx
Telephone: (000) 000-0000
Telecopy: (000) 000-0000
GAM ARBITRAGE INVESTMENTS, INC.
By: Xxxxxx, Xxxxxx & Co., L.P.
Its: Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxx
--------------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Chief Operating Officer
Address: c/o Xxxxxx, Xxxxxx & Co., L.P.
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxx Xxxx
Telephone: (000) 000-0000
Telecopy: (000) 000-0000
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Undersigned Holders of
6% Convertible Debentures due 2004
September 13, 1999
Page 4
XXXXXXX, X.X.
By: /s/ Xxxxxxx X. Xxxxxx
--------------------------------------
Name: Xxxxxxx X. Xxxxxx
Title: Chief Operating Officer
Address: c/o Xxxxxx, Xxxxxx & Co., L.P.
000 Xxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxx Xxxx
Telephone: (000) 000-0000
Telecopy: (000) 000-0000
AGR HALIFAX FUND, LTD.
By: AG Ramius Partners, L.L.C.
Its: Investment Advisor
By: /s/ Xxxxxxx X. Xxxxxxx
--------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Managing Officer
Address: c/o Ramius Capital Group, LLC
000 Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxxxxx X. Xxxxxxx
Telephone: (000) 000-0000
Telecopy: (000) 000-0000
