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EXHIBIT 10.44
[Comerica Bank-California Letterhead]
December 24, 1997
Xxxxxx X. Xxxxxxx
Dental Medical Diagnostic Systems, Inc.
000 X. Xxxxxxxx Xxxxxxx Xxxx.
Ste 000
Xxxxxxxx Xxxxxxx, XX 00000
Dear Xxx:
In reference to the Variable Rate - Single Payment Note ("Agreement") between
Comerica Bank-California ("Bank") and Dental Medical Diagnostic Systems, Inc.
("Borrower") dated December 10, 1997, for a loan in the amount of Five Hundred
Thousand Dollars ($500,000), Borrower and Bank desire to amend said Agreement.
This amendment shall be called the First Amendment to the Agreement.
The maturity date is modified as follows:
"At the earlier of the maturity date, which is December 10, 1998 or the
full disbursement of the line of credit, the princial balance will
amortize over a thirty six (36) month basis, equal principal payment
with interest added."
Except as amended hereby, the Agreement shall remain unaltered and in full force
and effect. This letter shall not be a waiver of any existing default or breach
of a covenant unless specified herein.
If you agree to accept the terms of this Amendment, please sign the enclosed
acknowledgment copy and return it on or before December 31, 1997.
Very truly yours,
Comerica Bank - California
/s/ XXXXXX X. XXXXX
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By: Xxxxxx X. Xxxxx
Title: Vice President
Agreed and Accepted to this _______ day of December, 1997.
Dental Medical Diagnostic Systems, Inc.
"Borrower"
By: /s/ XXX XXXXXXX
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Its: VP & CFO
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