Exhibit 10.14
AMENDMENT OF PROMISSORY NOTE
This Amendment of Promissory Note is made as of July 15, 1996, between
KeraVision, Inc. (the "Company") and Xxxxxx X. Xxxxxxxxxxx (the "Purchaser").
The Promissory Note ("Note") executed by the Purchaser on July 15, 1994,
under which the Purchaser promised to pay to the Company $17,844.69, plus
interest, on or before July 15, 1996, is hereby amended as follows:
(1) The Company and the Purchaser hereby agree that the interest due with
respect to the Note as of the date hereof is $2,064.75, which amount is hereby
added to the original principal amount of the Note, so that the principal as of
the date hereof is $19,909.44.
(2) The due date of all principal and interest under the Note is extended
to July 15, 1998.
(3) The interest rate of the Note changes as of this Amendment Date from
the original 5.55% per annum, compounded semi-annually, to 5.95% per annum,
compounded semi-annually.
KERAVISION, INC. XXXXXX X. XXXXXXXXXXX
/s/Xxxx Xxxxxxx-Colbrie /s/Xxxxxx X. Xxxxxxxxxxx
____________________________________ _________________________________
Signature Signature
By: Xxxx Xxxxxxx-Colbrie
_________________________________
Print Name
Title: VP Finance, CFO
______________________________
AMENDMENT OF PROMISSORY NOTE
This Amendment of Promissory Note is made as of July 15, 1996, between
KeraVision, Inc. (the "Company") and Xxxxxx X. Xxxxxxxxxxx (the "Purchaser").
The Promissory Note ("Note") executed by the Purchaser on July 15, 1994,
under which the Purchaser promised to pay to the Company $27,611.69, plus
interest, on or before July 15, 1996, is hereby amended as follows:
(1) The Company and the Purchaser hereby agree that the interest due with
respect to the Note as of the date hereof is $3,194.85, which amount is hereby
added to the original principal amount of the Note, so that the principal as of
the date hereof is $30,806.54.
(2) The due date of all principal and interest under the Note is extended
to July 15, 1998.
(3) The interest rate of the Note changes as of this Amendment Date from
the original 5.55% per annum, compounded semi-annually, to 5.95% per annum,
compounded semi-annually.
KERAVISION, INC. XXXXXX X. XXXXXXXXXXX
/s/ Xxxx Xxxxxxx-Colbrie /s/Xxxxxx X. Xxxxxxxxxxx
____________________________________ _________________________________
Signature Signature
By: Xxxx Xxxxxxx-Colbrie
_________________________________
Print Name
Title: VP Finance, CFO
______________________________
