NOTE MODIFICATION AGREEMENTNote Modification Agreement • February 25th, 2009 • Us Dataworks Inc • Services-prepackaged software
Contract Type FiledFebruary 25th, 2009 Company IndustryTHIS NOTE MODIFICATION AGREEMENT (this “Agreement”) is entered into this 19th day of February, 2009 by and between US Dataworks, Inc., a Nevada corporation (the “Company”) and John L. Nicholson, M.D., an individual residing in the State of Texas and a Director of the Company (the “Holder”). All capitalized terms not specifically defined herein shall have those meanings set forth in that certain US Dataworks, Inc. Refinancing Secured Note dated August 13, 2008 executed by the Company and payable to the order of the Holder in the original principal amount of Two Million Nine Hundred Ninety Five Thousand Dollars ($2,995,000) (as modified, renewed and extended to date, the “Note”).