Waiver of Default under Promissory Note by First Physicians Capital Group, Inc.

Contract Categories: Business Finance › Waiver Agreements
Summary

This agreement is between First Physicians Capital Group, Inc. and the holder of a promissory note dated February 6, 2009. The holder agrees to waive any claims or rights related to any event of default that occurred before or on the date of this waiver, as defined in the note. This means the holder will not take action against the company for any past defaults up to the date of signing this waiver.

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EX-10.1 2 d834073dex101.htm EX-10.1 EX-10.1

Exhibit 10.1

Waiver of Default

In accordance with the terms of that certain Promissory Note, dated February 6, 2009 (the “Note”), granted by First Physicians Capital Group, Inc., a Delaware corporation (the “Company”), to the undersigned (the “Holder”), the Holder hereby waives any and all claims or rights pursuant to the terms of the Note relating to the occurrence of an event prior to (and including) the date of this Waiver that would constitute an Event of Default (as that term is defined in the Note).

IN WITNESS WHEREOF, the Holder has caused this Waiver to be executed as of the date set forth below.

Original Outstanding Principal of Holder’s Note:                                                                                           

 

If Holder is an individual:     If Holder is an entity:

                                                                   

    

                                                                                   

Signature     Name of Entity
Printed Name:  __________________________     By:  

                                  

      Signature
Date:  _________________________________      

 

Name:

 

 

                                                                                               

      Title:  

                                                                       

      Date: