March 25, 2009
EXHIBIT
10.02
March 25,
2009
Xx.
Xxxxxx Xxxxxx
0
Xxxxxxxx Xxxxxx
Winchester
MA 01890
Re: Amendment
Dear
Xxxxxx:
This letter will evidence the agreement
between you and BioXcell, Inc. (the “Company”) regarding the amendment of the
Convertible Term Note dated September 18, 2008, issued to you by the Company
(the “Note”).
The amendments to the Note are as
follows:
|
1.
|
The
Maturity Date (as defined in the Note) is March 31,
2010.
|
|
2.
|
Section
3, Conversion, is
eliminated and all remaining sections of the Note are appropriately
renumbered.
|
All other
terms of the Note remain in full force and effect.
Please
indicate your agreement to the foregoing by signing and returning a copy of this
letter to the Company.
| ACCEPTED and AGREED: | Very Truly Yours, |
| BIO X CELL, INC. | BIO X CELL, INC. |
|
/s/Xxxxxx
Xxxxxx
|
/s/
Xxxxxx
Xxxxxxxx
|
|
Xx.
Xxxxxx
Xxxxxx
|
Xxxxxx
X XxxxxxxxXxx
|
|
|
Chief
Financial
Officer
|
000
Xxxxxxxx Xxxxxx Xxxxx 000X Xxxxxxx, XX 00000
(000) 000-0000 voice &
fax
xxx.xxxxxxxx.xxx
