Amendment of Revolving Credit Note between BioTime, Inc. and Lender (2009)

Summary

This agreement amends a previous Revolving Credit Note between BioTime, Inc. (the borrower) and an unnamed lender. The main change is the extension of the note's maturity date to December 1, 2009. The amended note will now be governed by the Fifth Amendment of the Revolving Line of Credit Agreement between the parties. Both BioTime, Inc. and the lender must sign to confirm the amendment.

EX-10.2 3 ex10_2.htm FORM OF AMENDED AND RESTATED REVOLVING CREDIT NOTE ex10_2.htm

Exhibit 10.2

AMENDMENT OF REVOLVING CREDIT NOTE

$___________ __________, 2009

Reference is made to that certain Revolving Credit Note dated ______, 200__, in the principal sum of _____________ DOLLARS ($_______________) made by BioTime, Inc., as “Borrower,” and payable to the order of the undersigned as “Lender” (the “Note”). The Maturity Date of the Note is hereby extended to December 1, 2009. The Note, as so amended, shall be governed by that certain Fifth Amendment of Revolving Line of Credit Agreement between Borrower and Lender.

LENDER:

_________________________________________

(Please Print Name of Lender)

By: ______________________________________

(Signature)

Title: _____________________________________

(Please Show Title If Applicable)

BORROWER:

BIOTIME, INC.

By _____________________________________________

Title ___________________________________________

By _____________________________________________

Title ____________________________________________