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CareView Communications, Inc 10-Q [crvw-10q_063013.htm]
EXTENSION OF MATURITY DATE FOR
PROMISSORY NOTE

This Extension of Maturity Date for Promissory Note (the “Extension”) dated May
24, 2013, is entered into by and between CareView-Hillcrest, LLC, a Wisconsin
limited liability company (“Maker”) and Rockwell Holdings I, LLC (“Holder”)
(collectively known as the “Parties”).
 
WHEREAS, pursuant to a certain Master Investment Agreement entered into by the
Parties on November 16, 2009, Maker issued to Holder a Promissory Note in the
principal amount of $466,372.50 with respect to the Project (as defined in the
Master Investment Agreement) for the AHS Hillcrest Medical Center, LLC d/b/a
Hillcrest Medical Center,

WHEREAS, the Promissory Note has a maturity date of three years from the date
payments commenced thereunder, which would make the maturity date of the
Promissory Note May 25, 2013, and the Parties have mutually agreed to extend the
maturity date,
 
NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth,
the Parties hereby enter into this Extension as follows:

1.           Extension of Maturity Date for Promissory Note: The Parties agree
to extend the maturity date of the Promissory Note to December 31, 2013 (the
“Extended Maturity Date”).

2.           Other Provisions of the Promissory Note: The Parties agree that all
other provisions of the Promissory Note will remain in full force and effect
other than the Extended Maturity Date.

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the
day and year first above written.
 

CAREVIEW-HILLCREST, LLC   ROCKWELL HOLDINGS I, LLC           By: /s/ Steve
Johnson   By: /s/ Matt Bluhm   Steve Johnson     Matt Bluhm   Manager    
Managing Member

 
 

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