Exhibit 10.16
AMENDMENT OF PROMISSORY NOTE
This Amendment of Promissory Note is made as of February 8, 1996, between
KeraVision, Inc. (the "Company") and Xxxxxxx Xxxxxxxx-Xxxxxx (the "Purchaser").
The Promissory Note ("Note") executed by the Purchaser on February 8, 1994,
under which the Purchaser promised to pay to the Company $2,312.74, plus
interest, on or before February 8, 1996, is hereby amended as follows:
(1) The Company and the Purchaser hereby agree that the interest due with
respect to the Note as of the date hereof is $285.66, which amount is hereby
added to the original principal amount of the Note, so that the principal as of
the date hereof is $2,598.40.
(2) The due date of all principal and interest under the Note is extended
to February 8, 1998.
(3) The interest rate of the Note changes as of this Amendment Date from
the original 4.19% per annum, compounded semi-annually, to 5.25% per annum,
compounded semi-annually.
KERAVISION, INC. XXXXXXX XXXXXXXX-XXXXXX
/s/ Xxxx Xxxxxxx-Colbrie /s/Xxxxxxx Xxxxxxxx-Xxxxxx
____________________________________ _________________________________
Signature Signature
By: Xxxx Xxxxxxx-Colbrie
_________________________________
Print Name
Title: VP Finance, CFO
______________________________
AMENDMENT OF PROMISSORY NOTE
This Amendment of Promissory Note is made as of February 8, 1996, between
KeraVision, Inc. (the "Company") and Xxxxxxx Xxxxxxxx-Xxxxxx (the "Purchaser").
The Promissory Note ("Note") executed by the Purchaser on February 8, 1994,
under which the Purchaser promised to pay to the Company $4,638.14, plus
interest, on or before February 8, 1996, is hereby amended as follows:
(1) The Company and the Purchaser hereby agree that the interest due with
respect to the Note as of the date hereof is $374.46, which amount is hereby
added to the original principal amount of the Note, so that the principal as of
the date hereof is $5,012.60.
(2) The due date of all principal and interest under the Note is extended
to February 8, 1998.
(3) The interest rate of the Note changes as of this Amendment Date from
the original 3.92% per annum, compounded semi-annually, to 5.25% per annum,
compounded semi-annually.
KERAVISION, INC. XXXXXXX XXXXXXXX-XXXXXX
/s/ Xxxx Xxxxxxx-Colbrie /s/Xxxxxxx Xxxxxxxx-Xxxxxx
____________________________________ _________________________________
Signature Signature
By: Xxxx Xxxxxxx-Colbrie
_________________________________
Print Name
Title: VP Finance, CFO
______________________________
AMENDMENT OF PROMISSORY NOTE
This Amendment of Promissory Note is made as of January 13, 1996, between
KeraVision, Inc. (the "Company") and Xxxxxxx Xxxxxxxx-Xxxxxx (the "Purchaser").
The Promissory Note ("Note") executed by the Purchaser on January 13, 1993,
under which the Purchaser promised to pay to the Company $6,315.25, plus
interest, on or before January 13, 1996, is hereby amended as follows:
(1) The Company and the Purchaser hereby agree that the interest due with
respect to the Note as of the date hereof is $863.95, which amount is hereby
added to the original principal amount of the Note, so that the principal as of
the date hereof is $7,179.20.
(2) The due date of all principal and interest under the Note is extended
to January 13, 1998.
(3) The interest rate of the Note changes as of this Amendment Date from
the original 4.32% per annum, compounded semi-annually, to 5.43% per annum,
compounded semi-annually.
KERAVISION, INC. XXXXXXX XXXXXXXX-XXXXXX
/s/ Xxxx Xxxxxxx-Colbrie /s/Xxxxxxx Xxxxxxxx-Xxxxxx
____________________________________ _________________________________
Signature Signature
By: Xxxx Xxxxxxx-Colbrie
_________________________________
Print Name
Title: VP Finance, CFO
______________________________
