ADDENDUM TO EXCHANGE AGREEMENT
Exhibit 10.37
ADDENDUM TO EXCHANGE AGREEMENT
An
Agreement was made by and between GUIDED THERAPEUTICS, INC. (the
"Company") and the undersigned creditor of the Company (the
"Creditor") on the 241h day
of July, 2018 (hereinafter referred to as "original stated
contract") set forth below.
WHEREAS, the
parties wish to modify the terms of the original stated contract as
set forth herein.
NOW
THEREFORE, in consideration of the mutual promises herein, the
parties, intending to be legally bound, hereby agree that the
following constitutes additional terms and conditions of the stated
contract.
Modification Item
I: The Creditor agrees to accept cash payment in the amount of
$207, I 10.86 in the form of an unsecured note, with the
Company, bearing 6% annual interest and commencing on the day of
the original Agreement. The note shall be due in full on the third
anniversary of that agreement.
The
parties reaffirm no other terms or conditions of the above
mentioned original contract not hereby otherwise modified or
amended shall be negated or changed as a result of this here stated
addendum.
Dated:
July 26, 2019
Company:
GUIDED THERAPEUTICS, INC.
Creditor:
Xxxx
X. Xxxxxx,
COO