Election to Defer July 13, 2007 Payments on Series B 15% Secured Convertible Promissory Notes – Matritech, Inc. and Holder

Contract Categories: Business Finance Note Agreements
Summary

This agreement allows the holder of Series B 15% Secured Convertible Promissory Notes issued by Matritech, Inc. to elect to defer all payments originally due on July 13, 2007, until August 13, 2007. By signing, the holder agrees to the one-month deferral of payment. The document is a formal notice of the holder's choice to postpone receipt of payment, and it does not alter other terms of the notes.

EX-4.2 3 exh4-2_15267.htm ELECTION REGARDING PAYMENTS DUE WWW.EXFILE.COM, INC. -- MATRITECH, INC. -- EXHIBIT 4.2 TO FORM 8-K

EXHIBIT 4.2

ELECTION REGARDING PAYMENTS DUE JULY 13, 2007
ON SERIES B 15% SECURED CONVERTIBLE PROMISSORY NOTES
DATED JANUARY 22, 2007


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




 
Holder: ______________________


By:__________________________
Name:________________________
Title:_________________________
Date:_________________________