Amendment to Promissory Note between Richard Nanula and Amgen Inc.
This amendment modifies the repayment terms of a promissory note originally executed between Richard Nanula and Amgen Inc. The new agreement requires Mr. Nanula to pay the full principal and remaining interest, compounded at 5% per year on specified dates, in a single lump sum by June 27, 2010. The amendment is signed by both parties and supersedes any conflicting repayment provisions in the original note.
Exhibit 10.41
AMENDMENT TO PROMISSORY NOTE
The parties hereby agree to amend certain repayment provisions set forth in the Promissory Note between Richard Nanula and Amgen Inc., executed by Richard Nanula on or about June 27, 2001, as follows: Notwithstanding anything to the contrary in Paragraph 1 of the Promissory Note, Staff Member shall pay the total amount of Principal and the remaining interest due (compounded at the rate of 5% per annum on June 27, 2008, June 27, 2009, and on the date of final repayment), in a lump sum on or before June 27, 2010.
Date: September 4, 2007 | /s/ Richard D. Nanula | |||
Richard D. Nanula | ||||
Date: August 30, 2007 | /s/ Charles V. Chip Bell | |||
for Amgen Inc. |