gthp_ex1055





 










 



Exhibit 10.55


 


Page
1 of 1 Howe File Number: 17-10826


 




PROMISSORY
NOTE


STATE
OF GEORGIA


  





COUNTY OF ____


 


FOR AND IN CONSIDERATION OF the sum of
Ten ($10.00) Dollar cash in hand, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby
acknowledged, GUIDED
THERAPEUTICS, INC., presently of 5835 Peachtree Corners
East, STE B, Peachtree Comers, GA 30092, ("Promisor"), hereby
unconditionally promises to pay to the order of lRTH COMMUNICATIONS, LLC ("Promisee")
the present sum of ninety-nine thousand, three hundred sixty-eight
dollars and ninety-seven cents ($99,368.97), plus interest accruing
at the rate of 6%, to or for the benefit of Promisee, until paid in
full, payable and due according to the following
schedule:


$18,000.00 due on
or before January 16, 2020 then $6,000.00 per month beginning
February 1, 2020 and on the 1st day of each
consecutive month following, until the above sum has been paid in
full, together with (in the event of a default) all costs of
collection. This debt shall bear simple interest at a rate of
eighteen (18%) percent per annum following default.


THIS PROMISSORY NOTE is, a compromise
made in repayment of a debt owed to the Promisee by the Promissor
pursuant to the sales of goods by Promissee to Community Christian
School.


AMOUNTS DUE under this Promissory Note
are payable at the following address: HOWE LAW FIRM, P.C., P.e.,
4385 Kimball Bridge Road, Suite 100, Alpharetta, Georgia
30022.


ALL PAYMENTS shall be made payable to
the order of IRTH Communications, LLC.


TIME IS OF THE ESSENCE regarding
Promissor' s obligations hereunder.


No
delay or forbearance by Promisee in collecting the aforesaid debt
shall be construed as a waiver of Promisee's collection rights
hereunder. Time is of the essence of this Agreement.


AND Promissor hereby fully waives and
renounces, for itself and family, any and all exemption rights
which it, may have under or by virtue of the Constitution or laws
of Georgia, or of any other state, or of the United States, as
against this debt or any renewal hereof; and further waives demand,
protest and notice of demand, protest and non-payment.


 


Payment of this Promissory Note shall
constitute full and complete satisfaction of any and all claims,
actions, causes of action, demands, rights damages, costs, expenses
and compensation whatsoever relating to the 2012-2013 school
year.


 




Promisor agrees
that this PROMISSORY NOTE is not a guarantee or suretyship
instrument, but an original obligation making Promisee liable for
the amounts due hereunder.


GIVEN UNDER my hand and seal this 15 day
of January, 2020.


 




	

PROMISEE:

	

PROMISSOR:


	
 

	
 


	

IRTH
COMMUNICATIONS, LLC


 

	

GUIDED
THERAPEUTICS, INC.


 


	

_ ___
____(SEAL)

	

/s/
Gene S. Cartwright


	
 

	

Gene S.
Cartwright, CEO


	

CORPORATE
OFFICER

	

CORPORATE
OFFICER







 




Signed,
sealed and delivered in the presence of:


Witness: /s/MICHELE
NEITESHEIM


Notary
Public: /s/MICHELE NEITESHEIM.


My
Commission Expires: August 30, 2021


 






 

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Pagelof2


Howe
File Number: 17-10826


PROMISSORY
NOTE


STATE
OF GEORGIA


COUNTY
OF ____


FOR AND
IN CONSIDERATION OF the sum of Ten ($10.00) Dollar cash in hand,
and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, GUIDED THERAPEUTICS,
INC., presently of 5835 Peachtree Corners East, STE B, Peachtree
Comers, GA 30092, ("Promisor"), hereby unconditionally promises to
pay to the order of IRTH COMMUNICATIONS, LLC ("Promisee") the
present sum of ninety-nine thousand, three hundred sixty-eight
dollars and ninety-seven cents ($99,368.97), plus interest accruing
at the rate of6%, to or for the benefit of Promisee, until paid in
full , payable and due according to the following
schedule:


$18,000.00 due on
or thefore January 16,2020 then $6,000.00 per month beginning
February 1, 2020 and on the 1st day of each consecutive month
following, until the above sum has been paid in full , together
with (in the event of a default) all costs of collection. This debt
shall bear simple interest at a rate of eighteen (18%) percent per
annum following default.


THlS
PROMISSORY NOTE is, a compromise made in repayment of a debt owed
to the Promisee by the Promissor pursuant to the sales of goods by
Promissee to Community Christian School.


AMOUNTS
DUE under this Promissory Note are payable at the following
address: HOWE LAW FIRM, P.C., P.C., 4385 Kimball Bridge Road, Suite
100, Alpharetta, Georgia 30022.


ALL
PAYMENTS shall be made payable to the order of lrth Communications,
LLC.


TIME IS
OF THE ESSENCE regarding Promissor' s obligations
hereunder.


No
delay or forbearance by Promisee in collecting the aforesaid debt
shall be construed as a waiver of Promisee's collection rights
hereunder. Time is of the essence of this Agreement.


AND
Promissor hereby fully waives and renounces, for itself and family,
any and all exemption rights which it, may have under or by virtue
of the Constitution or laws of Georgia, or of any other state, or
of the United States, as against this debt or any renewal hereof;
and further waives demand, protest and notice of demand, protest
and non-payment.


 


 


 



 

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Payment of this
Promissory Note shall constitute full and complete full and
complete satisfaction of all and all claims, actions, causes of
action, demands, rights damages, costs, expenses and compensation
whatsoever relating to the 2012-2013 school
year.


 


Promisor
agrees that this PROMISSORY NOTE is not a guarantee or suretyship
instrument, but an original obligation making Promisee liable for
the amounts due hereunder.


 


GIVEN
UNDER my hand and seal this _____ day of __________,
2020.


  






	

PROMISOR

	


GUIDED THERAPEUTICS, INC.


	
 

	
 


	
 

	
 


	
 

	
 


	
 

	

/s/
Gene S. Cartwright


	
 

	

Gene
S. Cartwright


	
 

	

CEO







   



Signed,
sealed and delivered in the presence of:


 


_____________________


Witness


 




_____________________


Notary
Public


 




_____________________


My
Commission Expires:


  





	
 

	


 IRTH COMMUNICATIONS, LLC


	
 

	
 


	
 

	
 


	
 

	
 


	
 

	

__________________________


	
 

	

Corporate
Officer







 



 






 

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