AMENDMENT NUMBER 1 To The Unsecured Promissory Note By and Between Claimsnet.com Inc. And Thomas Michel
Exhibit 10.12
AMENDMENT NUMBER 1
To The Unsecured Promissory Note
By and Between
Xxxxxxxxx.xxx Inc.
And Xxxxxx Xxxxxx
To The Unsecured Promissory Note
By and Between
Xxxxxxxxx.xxx Inc.
And Xxxxxx Xxxxxx
This Amendment Number 1 is made to that certain Unsecured Promissory Note (“Note”) made and entered
into by and between Xxxxxxxxx.xxx Inc. and Xxxxxx Xxxxxx dated January 23, 2007.
The provisions set forth herein shall be deemed to modify and replace those provisions of the Note
as specifically set forth. All other provisions of the Note shall remain in full force and effect.
The parties desire to change the Annual Interest Rate on Unpaid Principal to three percent (3%).
AGREED and entered into as of January 1, 2009.
XXXXXXXXX.XXX INC. a Delaware corporation |
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By: | /s/ Xxx Xxxxxxx | |||
Xxx Xxxxxxx | ||||
Chief Executive Officer | ||||
XXXXXX XXXXXX |
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By: | /s/ Xxxxxx Xxxxxx | |||