MODIFICATION OF SECURED PROMISSORY NOTEModification of Secured Promissory Note • December 26th, 2001 • Lee Pharmaceuticals • Perfumes, cosmetics & other toilet preparations
WHEREAS, this agreement is in reference to a loan which is evidenced by an instrument entitled Secured Promissory Note (NOTE), dated March 16, 2001 executed by LEE PHARMACEUTICALS for the original principal sum of One Hundred Thousand and 00/100 Dollars ($100,000.00) and payable to the order of PREFERRED BUSINESS CREDIT, INC.
MODIFICATION TO PROMISSORY NOTEPromissory Note Modification • December 26th, 2001 • Lee Pharmaceuticals • Perfumes, cosmetics & other toilet preparations
WHEREAS, on July 3, 1995, Lee Pharmaceuticals ("maker") and Sass DiSalvo ("Holder") entered into an agreement ("Note") whereby Lee Pharmaceuticals was to pay to Sass DiSalvo the sum of Fifty Thousand Dollars; and
RESTRUCTURING AND OFFSET AGREEMENTRestructuring and Offset Agreement • December 26th, 2001 • Lee Pharmaceuticals • Perfumes, cosmetics & other toilet preparations • California
This RESTRUCTURING AND OFFSET AGREEMENT (the "Agreement") is entered into by and among AP Pharma, Inc. (formerly Advanced Polymer Systems, Inc.), a Delaware corporation ("AP"), Premier Consumer Products, Inc., a Delaware Corporation ("Premier") and Lee Pharmaceuticals, Inc., a California company ("Lee") as of this __ day of July 23, 2001.
AMENDED AND RESTATED SECURITY AGREEMENTSecurity Agreement • December 26th, 2001 • Lee Pharmaceuticals • Perfumes, cosmetics & other toilet preparations • California
This AMENDED AND RESTATED SECURITY AGREEMENT (the "Agreement") is made as of July 23, 2001, by and between LEE PHARMACEUTICALS, INC., a California corporation ("Grantor") and AP PHARMA, INC. (formerly Advanced Polymer Systems, Inc.), a Delaware corporation ("AP" or "Secured Party").
