Secured Commercial Note Sample Contracts

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FIRST AMENDMENT TO SECURED COMMERCIAL NOTE
Secured Commercial Note • November 14th, 2002 • Netplex Group Inc • Services-prepackaged software

THIS 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”).

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