Amendment and Waiver Agreement for Promissory Notes between Performance Health Technologies and Noteholders

Summary

Performance Health Technologies is asking holders of its promissory notes dated February 15, 2008, to agree to extend the maturity date from August 15, 2008, to November 30, 2008. The company also requests that noteholders waive any default that may have occurred due to non-payment as of the original maturity date. Noteholders are asked to sign and return their consent to these changes. This agreement is effective upon acceptance by the noteholders.

EX-10.137 14 exh10-137_16029.htm FORM OF AMENDMENT OF NOTES WWW.EXFILE.COM -- PERFORMANCE HEALTH -- 16029 -- EXHIBIT 10-137 TO FORM 10-Q

EXHIBIT 10.137

Performance Health Technologies

Dear Holders of Promissory Notes dated February 15, 2008:

The Company is requesting your consent to an amendment of the maturity date of the above-referenced outstanding promissory note issued by the Company and held by you which has a maturity date of August 15, 2008 (the “Current Maturity Date”) to a new maturity date of November 30, 2008 (the “New Maturity Date”) and waiver of any event of default relating to the non-payment of such note as of August 15, 2008 (the “Waiver”).

Toward that end, we ask that you complete, sign and return this letter as soon as possible.

Please take a moment to sign and return your consent by facsimile to ###-###-####.

	Very truly yours,

As of August 15, 2008	Dominique Prunetti Miller
	Dominique Prunetti Miller
	Secretary

The New Maturity Date and Waiver is accepted

and agreed by the undersigned noteholder:

By: /s/ Joe Don Setina
Name: Joe Setina
Date: 8/14/08