Consent to Defer Payment on 15% Secured Convertible Promissory Notes by Matritech, Inc.

Contract Categories: Business Finance › Note Agreements
Summary

This agreement is between Matritech, Inc. and the holder of its 15% Secured Convertible Promissory Notes dated January 13, 2006, and January 22, 2007. The holder agrees to allow Matritech, Inc. to postpone all payments that were due on August 13, 2007, until August 31, 2007. This is a short-term deferral and does not change any other terms of the notes.

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EX-4.1 2 ex4-1_15404.htm EXHIBIT 4.1 Unassociated Document
EXHIBIT 4.1

 
 
 
 
VERY SHORT TERM DEFERRAL



CONSENT OF HOLDER OF 15% SECURED CONVERTIBLE PROMISSORY NOTES DATED JANUARY 13, 2006 AND/OR DATED JANUARY 22, 2007 TO DEFER PAYMENTS UNTIL AUGUST 31, 2007



The undersigned Holder hereby consents to have Matritech, Inc. defer to August 31, 2007 all payments due to the Holder on August 13, 2007 with respect to the 15% Secured Convertible Promissory Notes dated January 13, 2006 and the Series B 15% Secured Convertible Promissory Notes dated January 22, 2007.

 
 
 


Holder: ______________________


By:_________________________
Name:_______________________
Title:________________________
Date:________________________