CURRENT ASSETS
EX-10.11 12 d67413exv10w11.htm EX-10.11 exv10w11
Exhibit 10.11
AMENDMENT NUMBER 1
To The Unsecured Promissory Note
By and Between
Claimsnet.com Inc.
And Elmira United Corporation
To The Unsecured Promissory Note
By and Between
Claimsnet.com Inc.
And Elmira United Corporation
This Amendment Number 1 is made to that certain Unsecured Promissory Note (“Note”) made and entered into by and between Claimsnet.com Inc. and Elmira United Corporation dated November 29, 2006.
The provisions set forth herein shall be deemed to modify and replace those provisions of the Note as specifically set forth. All other provisions of the Note shall remain in full force and effect.
The parties desire to change the Annual Interest Rate on Unpaid Principal to three percent (3%).
AGREED and entered into as of January 1, 2009.
| CLAIMSNET.COM INC. a Delaware corporation | |||||
| By: | /s/ Don Crosbie | ||||
| Don Crosbie | |||||
| Chief Executive Officer | |||||
| ELMIRA UNITED CORPORATION | |||||
| By: | /s/ J. R. Schellenberg | ||||
| J. R. Schellenberg | |||||
