NOTE MODIFICATION AGREEMENTNote Modification Agreement • December 22nd, 2009 • Us Dataworks Inc • Services-prepackaged software
THIS NOTE MODIFICATION AGREEMENT (this “Agreement”) is entered into this 18th day of December, 2009 by and between US Dataworks, Inc., a Nevada corporation (the “Company”) and Charles E. Ramey, an individual residing in the State of Texas and the Chairman and Chief Executive Officer 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 Seven Hundred Eight Thousand Five Hundred Dollars ($708,500.00), as amended by (i) that certain Note Modification Agreement dated February 19, 2009, (ii) that certain Note Modification Agreement dated May 20, 2009 and (iii) that certain Note Modification Agreement dated June 26, 2009 (as modified, renewed and extended to date, the “Note”).
NOTE MODIFICATION AGREEMENTNote Modification Agreement • December 22nd, 2009 • Us Dataworks Inc • Services-prepackaged software
THIS NOTE MODIFICATION AGREEMENT (this “Agreement”) is entered into this 18th day of December, 2009 by and between US Dataworks, Inc., a Nevada corporation (the “Company”) and John L. Nicholson, M.D., 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 ($2,995,000.00), as amended by (i) that certain Note Modification Agreement dated February 19, 2009, (ii) that certain Note Modification Agreement dated May 20, 2009 and (iii) that certain Note Modification Agreement dated June 26, 2009 (as modified, renewed and extended to date, the “Note”).
