SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • September 5th, 2006 • Health Discovery Corp • Radiotelephone communications
THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT is made as of September 1, 2006 (the “Amendment”), by and between Stephen D. Barnhill, M.D. (the “Employee”) and Health Discovery Corporation, a Texas corporation (the “Employer”).
FORM OF SECOND AMENDMENT TO PROMISSORY NOTEPromissory Note • September 5th, 2006 • Health Discovery Corp • Radiotelephone communications
THIS SECOND AMENDMENT TO PROMISSORY NOTE is made as of September 1, 2006 (the “Amendment”), by and between _________ (the “Holder”) and Health Discovery Corporation, a Texas corporation (the “Company”).
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER SECURITIES LAWS, AND IT MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS SO REGISTERED OR UNLESS SOLD PURSUANT TO AN EXEMPTION THEREFROM. THIS...Promissory Note • September 5th, 2006 • Health Discovery Corp • Radiotelephone communications • Georgia
This Note shall bear a simple rate of interest equal to five percent (5%) per annum, payable in arrears on the Maturity Date. Principal and interest, if any, shall be payable in lawful money of the United States of America at such place as the Holder may designate from time to time in writing to the Company. Any payment of principal which is not paid when due shall bear interest until paid at a simple rate of interest equal to eight percent (8%) per annum; provided, however, that delinquent installments of interest shall not bear interest if and to the extent prohibited by applicable law. Any interest required to be paid due to a delinquent payment shall be computed on the basis of a three hundred sixty five day year and for the actual number of days elapsed. The entire principal hereof, together with all accrued and unpaid interest hereon shall be due and payable on the Maturity Date. All payments received from the Company by Holder shall be first applied to interest to the extent the
