Waiver Letter to Promissory Note Dated April 4, 2006 between Performance Health Technologies, Inc. and Noteholder

Contract Categories: Business Finance › Waiver Agreements
Summary

Performance Health Technologies, Inc. is asking the holder of a promissory note dated April 4, 2006 to agree that the note, which had an extended maturity date of May 1, will not be considered in default through August 31, 2008. The noteholder, David J. Lenihan, has accepted this waiver by signing the letter. This agreement temporarily prevents the note from being in default until the specified date.

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EX-10.138 15 exh10-138_16029.htm WAIVER LETTER TO NOTE DATED APRIL 4, 2006 WWW.EXFILE.COM -- PERFORMANCE HEALTH -- 16029 -- EXHIBIT 10-138 TO FORM 10-Q
EXHIBIT 10.138

 
PERFORMANCE HEALTH TECHNOLOGIES, INC.
427 Riverview Plaza
Trenton, NJ 08611
Telephone:   ###-###-####
Facsimile:   ###-###-####


Dear Holder of Promissory Notes dated April 4, 2006:

The Company is requesting your consent that the Promissory Note that was issued by the company on April 4, 2006 with an extended maturity date of May 1 is not and will not be in default through August 31, 2008


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

 
 
 
  Very truly yours,   
     
As of August 13, 2008
 Dominique Prunetti Miller   
  Dominique Prunetti Miller  
  Secretary   
     



The Waiver is accepted and agreed by the undersigned noteholder:
 

 
By: /s/ David J. Lenihan
      
Name: David J. Lenihan      
Date: August 13, 2008