FIRST AMENDMENT TO SECURED COMMERCIAL NOTESecured Commercial Note • November 14th, 2002 • Netplex Group Inc • Services-prepackaged software
Contract Type FiledNovember 14th, 2002 Company IndustryTHIS FIRST AMENDMENT TO SECURED COMMERCIAL NOTE (the “Amendment”) is made as of the 15th day of May 2002 by and between THE NETPLEX GROUP, INC., a New York corporation (“Maker”) and WATERSIDE CAPITAL CORPORATION, a Virginia corporation (“Payee”; Payee and any subsequent holder[s] hereof are hereinafter referred to collectively as “Holder”) and amends that certain Secured Commercial Note dated September 28, 2001 made by Maker to Holder in the original principal amount of $900,000 (the “Note”).