Amendment No. 2 to Consulting Agreement Between Calypte Biomedical Corporation and George Furla

Exhibit 4.1(b)

Amendment No. 2 to Consulting Agreement

Between Calypte Biomedical Corporation

and Xxxxxx Xxxxx

This Agreement amends and modifies the Amended Consulting Agreement between Calypte Biomedical Corporation (“Calypte” or the “Company”) and Xxxxxx Xxxxx (“Consultant”) dated February 14, 2003 and is effective as of March 24, 2003.

Whereas, the Company desires to extend the time period during which Consultant will provide services to the Company pursuant to the above referenced Consulting Agreement and Consultant is agreeable to extending the time for providing such services.

Now therefore, in consideration of the premises and mutual promises set forth herein, the parties hereto agree as follows:

1. The term of Consultant’s Consulting Agreement shall be extended and, by virtue of this Amendment, shall terminate on August 20, 2003 rather than May 20, 2003.

2. In consideration for the extension of the services to be performed by Consultant, the Company will immediately grant to Consultant a warrant to purchase 10,000,000 shares of the registered common stock of the Company at $0.025 per share, or an aggregate purchase price of $250,000. All compensation pursuant to the Consulting Agreement and this Amendment is fully earned upon execution of this amendment. The warrant is immediately exercisable upon grant and will expire on June 24, 2003.

3. The Consultant will provide to Calypte’s Executive Chairman a written report of services rendered and results thereof each 90 days of this extended contract within 30 days of the contract’s quarter end.

4. All other terms and conditions of the Amended Consultant Agreement dated February 14, 2003 remain unchanged.

Consultant:						Calypte Biomedical Corporation
/s/    Xxxxxx Xxxxx						By:		/s/    Xxxxxxx X. Xxxxxxxxxx
Xxxxxx Xxxxx						Xxxxxxx Xxxxxxxxxx Executive Vice President & CFO

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