WHEREAS, the third paragraph of the Note provides that the principal and accrued interest shall be due and payable on or before March 18, 2000; and

PARADIGM MEDICAL INDUSTRIES, INC. 10-Q 1ST QUARTER 2000 EX-10 AMENDMENT 1



Exhibit 10.36
AMENDMENT TO PROMISSORY NOTE


AGREEMENT  effective as of March 18, 2000, by and between  VISMED,  INC.,  d/b/a
DICON, a California corporation ("Dicon") and PARADIGM MEDICAL INDUSTRIES, INC.,
a Delaware corporation ("Paradigm").


WITNESSETH:


        WHEREAS, Dicon
and Paradigm have entered into a Promissory Note dated February 18, 2000 (the
“Note”); 

        WHEREAS, the
third paragraph of the Note provides that the principal and accrued interest
shall be due and payable on or before March 18, 2000; and 

        WHEREAS, Dicon
and Paradigm desires to amend the Note to extend the date by which the principal
and accrued interest shall be payable from March 18, 2000 to April 18, 2000.


        NOW, THEREFORE,
in consideration of the premises and the mutual covenants and agreements
contained herein, the parties hereby agree as follows: 

1.  The  third  paragraph  of the  Note is  hereby  deleted  and  the  following
substituted therefore:

Principal and accrued  interest  shall be due and payable on or before April 18,
2000.


2. Except as hereby  amended,  the Note shall  continue in full force and effect
between the parties.


        IN WITNESS
WHEREOF, this Agreement has been executed as of the date first above written.
 

                      VISMED, INC., d/b/a DICON


                      By: Xxxx X. Xxxxxx
                          Xxxx  X.  Xxxxxx,   President  and  Chief   Executive
                          Officer



                      PARADIGM MEDICAL INDUSTRIES, INC.



                      By: Xxxxxx X. Xxxxxx
                          Xxxxxx  X.  Xxxxxx,  President  and  Chief  Executive
                          Officer