INTEREST PAYMENT OPTION

Exhibit 10.1

INTEREST PAYMENT OPTION

This Interest Payment Option (“Option”) dated this 21st day of March, 2001, is offered by eBANKER XXX.XXX, INC., a Colorado corporation (“eBanker”) having an address of 0000 Xxxxxxx Xxxxxx, 00xx Xxxxx, Xxxxxx, Xxxxxxxx 00000 to GLOBAL MED TECHNOLOGIES, INC., a Colorado corporation (“Global” or “Borrower”) having an address of 00000 Xxxx Xxxxxx Xxxxxx, Xxxxx X000, Xxxxxxxx, Xxxxxxxx 00000 (collectively the “Parties”).

WHEREAS, the Parties entered into a Loan Restructuring and Restatement Agreement (“Agreement”) dated November 19, 2000, and;

WHEREAS, pursuant to the Agreement, Global agreed to pay interest of 12% per annum on a semi-annual basis, with the first interest payment due May 19, 2001;

eBanker wishes to offer an option to Global regarding Global's interest payments to eBanker pursuant to the agreement as follows:

eBanker agrees that Global may have the option, with five days prior written notice, to elect and pay to eBanker, before July 1, 2001, Global’s entire interest payment calculated for the life of Agreement, in the form of 1,746,688 shares of Global common stock (calculated at $0.6875 per share, which is prevailing market price of March 22, 2001).

In the event that Global pays down any principal on the loan prior to July 1, 2003, eBanker will return a number of shares determined by calculating the pro-rata interest avoided due to early repayment of principal divided by $0.6875 per share. eBanker will make this calculation on July 1, 2001, July 1, 2002 and July 1, 2003.

Agreed to as of the date first above written:

GLOBAL MED TECHNOLOGIES, INC.                                                       eBANKER XXX.XXX, INC.

/s/ Xxxxxxx X. Xxxxx                                                                                            /s/ Xxxxxx X. Xxxxx
Xx. Xxxxxxx X. Xxxxx                                                                                           Xxxxxx X. Xxxxx
Chairman                                                                                                             Director