Promissory Note Amendment between DrTattoff, LLC and James Morel (July 2, 2007)

Contract Categories: Business Finance › Note Agreements
Summary

This amendment modifies a previous promissory note issued by DrTattoff, LLC to James Morel for $12,000. The amendment changes the repayment terms so that the note is now due in full on the earlier of April 1, 2008, or when DrTattoff, LLC completes a Series B financing round related to a potential merger with Lifesciences Opportunities Incorporated. The agreement is signed by James Morel and dated July 2, 2007.

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EX-10.32 8 v118229_ex10-32.htm
 

Exhibit 10.32

Promissory Note Amendment
 
(James Morel)
 
This Promissory Note Amendment (this "Amendment") amends that certain Promissory Note dated November 15, 2005 issued by DrTattoff, LLC ("Maker") to the undersigned in the original principal amount of $12,000 (the "Promissory Note").
 
The Promissory Note is due on demand by the undersigned. The undersigned hereby agrees that the Promissory Note shall mature and be due and payable in full on the earlier of April 1, 2008 or the closing of "Series B" round of financing of Maker that is currently contemplated by Maker in connection with and after the prospective merger by Maker with Lifesciences Opportunities Incorporated.
 
       
/s/ James Morel      
James Morel		    
       
Dated: July 2, 2007