EXHIBIT 10.3
Xxxxxxx X. Xxxxxxx
000 Xxxxx Xxx Xxxxxx
Xxxxxxx, Xxxxx 00000
(000) 000-0000
November 22, 1996
Niche Pharmaceuticals, Inc.
000 Xxxxx Xxx Xxxxxx
P.O. Box 449
Roanoke, Texas 76262
Dear Sirs:
I hereby agree to extend the due date of my loan to Niche Pharmaceuticals, Inc.,
originally dated January 11, 1991, in the original principal amount of $500,000
(of which a principal balance of $295,487 remains outstanding as of the due date
hereof), from January 11, 1997 to January 11, 1998.
Sincerely,
/s/ Xxxxxxx X. Xxxxxxx
Xxxxxxx X. Xxxxxxx
READ AND AGREED
NICHE PHARMACEUTICALS, INC.
BY:/s/ Xxxxxxx X. Xxxxxxx, President