Document:

Amendment Agreement to Promissory Note

 Exhibit 10.32 

PROMISSORY NOTE 

May 29, 2009 

FOR VALUE RECEIVED, CareView Communications, Inc., a Nevada corporation (“Maker), promises to pay to the order of, SJ Capital, LLC,
a Delaware limited liability company (“Holder”), the sum of any and all advances made to Maker as recorded on Exhibit 1 together with interest on the outstanding principal balance remaining unpaid from time to time until paid at twelve
percent (12%) per annum. 
 1. PAYMENTS. The then unpaid principal amount of this Note shall be due and payable in full six (6) months
from the date(s) of funding (the “Maturity Date”). 
 2. APPLICATION OF PAYMENTS. All payments shall apply first to accrued interest
and the remainder, if any, to reduction of principal as permitted herein. In the event of a significant capital financing by the Maker (defined as an excess of $2.5 million in debt or equity) then the Note will become due and payable in full.

 3. PREPAYMENTS. Prior to the Maturity Date, Maker shall have the right to prepay any part or all of the principal of this Note at any time
and from time to time, in each case without prior consent of Holder and without penalty. 
 4. NO CONVERSION RIGHT. This Note is not convertible
and does not confer upon Holder, as such, any right whatsoever as a shareholder of Maker. 
 5. SENIORITY. At no time while the Note is
outstanding will any indebtedness be issued that is senior to the Note in right of payment, whether with respect to interest or upon liquidation or dissolution, or otherwise, other than indebtedness to banks and lending institutions whose primary
business is making loans and other indebtedness secured by purchase money security interests (which is senior only as to underlying assets covered thereby) and lease obligations (which is senior only as to the property covered thereby). 

6. EVENTS OF DEFAULT. The occurrence of any events or conditions described in this Section shall constitute an Event of Default hereunder: 

a. Maker shall fail to make any payments of principal of or interest on any amount due hereunder when due. 

b. Maker shall default in connection with any agreement for borrowed money or other credit with any creditor other than Holder which
entitles said creditor to accelerate the maturity thereof and such default is not cured within the grace period provided thereunder or within 10 business days after such default, whichever is later; provided, however, that for such purposes, the
default shall be deemed to occur on the date the default event occurs without taking into account any grace period provided in such other agreement or credit arrangement. 

 c. Maker shall file a voluntary petition in bankruptcy or a voluntary petition or answer
seeking liquidation, reorganization, arrangement, readjustment of its debts, or for any other relief under the Bankruptcy Code, or under any other act or law pertaining to insolvency or debtor relief, whether state, Federal, or foreign, now or
hereafter existing; Maker shall enter into any agreement indicating its consent to, approval of, or acquiescence in, any such petition or proceeding; Maker shall apply for or permit the appointment by consent or acquiescence of a receiver, custodian
or trustee of Maker for all or a substantial part of its property; Maker shall make an assignment for the benefit of creditors; or Maker shall be unable or shall fail to pay its debts generally as such debts become due, or Maker shall admit, in
writing, its inability or failure to pay its debts generally as such debts become due. 
 d. There shall have been filed against
Maker an involuntary petition in bankruptcy or seeking liquidation, reorganization, arrangement, readjustment of its debts or for any other relief under the Bankruptcy Code, or under any other act or law pertaining to insolvency or debtor relief,
whether State, Federal or foreign, now or hereafter existing; Maker shall suffer the involuntary appointment of a receiver, custodian or trustee of Maker or for all or a substantial part of its property or an action for such appointment shall be
commenced against Maker; or Maker shall suffer the issuance of a warrant of attachment, execution or similar process against all or any substantial part of the property of Maker or an action seeking the issuance of such a warrant, execution or
similar process shall be commenced against Maker. 
 e. One or more judgments or decrees shall be entered against Maker
involving in the aggregate a liability (not paid or fully covered by insurance) of $50,000 or more and the same is not stayed, fully bonded off or cured within ten (10) days thereafter. 

7. ACCELERATION. Upon the occurrence of any Event of Default (as defined herein) the whole indebtedness (including principal and accrued interest)
remaining unpaid, shall, at the option of Holder, become immediately due, payable, and collectible. 
 8. NO WAIVER BY HOLDER. No delay or
failure on the part of Holder in exercising any power or right under this Note shall operate as a waiver of any power or right, nor shall any single or partial exercise of any power or right preclude further exercise of that power or right. The
rights and remedies specified in this Note are cumulative and not exclusive of any right or remedies that Holder may otherwise possess. 
 9.
WAIVER OF PRESENTMENT, COLLECTION COSTS, ETC. Maker waives presentment for payment, protest, notice of dishonor or default and notice of protest and nonpayment of this Note. Should it become necessary to collect this Note through an attorney, by
legal proceedings, or otherwise, Maker promises to pay all costs of collection, including costs incurred in connection with probate proceedings or bankruptcy 

 

			
	 Promissory Note
	  	Page 2

 
or other creditors’ rights proceedings. Such costs of collection shall in all cases include the reasonable fees and disbursements of attorneys, paralegals or other legal advisors, whether
prior to or at trial, or in appellate proceedings. 
 10. ASSIGNMENT. The provisions of this Note bind, and are for the benefit of, the
respective successors and assigns of Holder, jointly and severally. This Note may not be assigned by Maker without the written consent of Holder. 

11. NOTICES. All notices, requests, demands and other communications which are required or may be given hereunder shall be in writing and shall be deemed
to have been duly given when received if personally delivered; when transmitted if transmitted by telecopy or similar electronic transmission method; one day after it is sent, if sent by recognized expedited delivery service; and five days after it
is sent, if mailed, first class mail, postage prepaid and telecopies simultaneous with such mailing. In each case notice shall be sent to the address set forth in this Note or to such other address as such party shall have specified by notice in
writing to the other parties. 
 12. APPLICATION OF TEXAS LAW. This Note, and the application or interpretation thereof, shall be governed
exclusively by its terms and by the laws of the State of Texas. 
 IN WITNESS WHEREOF, Maker has executed and delivered this
Note the date stated above. 
  

	
	CAREVIEW COMMUNICATIONS, INC.
	
	/s/ John R. Bailey
	By: John R. Bailey
	Its: Chief Financial Officer

  

			
	 Promissory Note
	  	Page 3

 EXHIBIT 1 

SCHEDULE OF PROMISSORY NOTE 
  

											
	DATE	  	ACTION	  	AMOUNT	  	OUTSTANDING
PRINCIPAL

BALANCE	  	MAKER’S
INITIAL
	5-29-2009	  	Advance	  	$	1,500.00	  	$	1,500.00	  	

  

			
	 Promissory Note
	  	Page 4Promissory Note

 Exhibit 10.33 

AMENDMENT AGREEMENT 

This amendment agreement (the “Agreement”) is entered into this
1st day of June, 2009 by and among CareView
Communications, Inc., a Nevada corporation (the “Company”) and the buyers of certain 6% Promissory Notes (the “Notes”) issued by the Company in the amount of $1,500,000 which are due on June 1, 2009 (the “Buyers”).

 WHEREAS, both the Company and the Buyers desire to amend the terms of the Notes, 

NOW, THEREFORE, the Company and the Buyers agree as follows: 

1.0 Maturity Date. The current Maturity Date in the Notes is June 1, 2009. The Company may amend the Maturity Date to
January 15, 2010 by issuance of the warrants described below in Section 2.0. 
 2.0 Warrants. Should the
Company choose to amend the Maturity Date to January 15, 2010, it will issue to the Buyers, in proportion to their ownership of the Notes, new Common Stock Purchase Warrants in the exact form as those previously issued that aggregate 3,375,000
shares of Common Stock of the Company. Such Common Stock Purchase Warrants represent all of the compensation to the Buyers for such amendment of the Maturity Date. 

3.0 All Other Terms and Documents. All of the documents related to the Notes and the related terms therein will remain unchanged
and valid, with the exception of the amendments detailed in Sections 1.0 and 2.0. 
 IN WITNESS WHEREOF, the Company and the Buyers have
executed this Agreement effective as of the date first written above. 
  

	
	CAREVIEW COMMUNICATIONS, INC.
	
	/s/ Steve Johnson
	By: Steve Johnson
	Its: President

					
	CRAMER GRANDCHILDREN LLC	 		 	PATRICIA LIEBERMAN
			
	/s/ Gerald Cramer	 		 	/s/ Patricia Lieberman
	By: Gerald Cramer	 		 	By: Patricia Lieberman
	Its:
                                        
	 		 	       an Individual
			
	JAY LANGNER	 		 	GERALD B. CRAMER REVOCABLE TRUST
			
	/s/ Jay Langer	 		 	/s/ Gerald Cramer
	By: Jay Langner	 		 	By: Gerald Cramer
	       an Individual	 		 	Its:
                                        

			
	WOW ASSOCIATES, LP	 		 	FOURTH GENERATION PRIVATE EQUITY
			
	/s/ Edward J. Rosenthal	 		 	/s/ Richard D. Segal
	By: Edward J. Rosenthal	 		 	By: Richard D. Segal
	Its:
                                        
	 		 	Its:
                                        

			
	NICK SEGAL	 		 	Debra J. Segal Trust
			
	/s/ Nick Segal	 		 	/s/ Richard D. Segal
	By: Nick Segal	 		 	By: Richard D. Segal
	       an Individual	 		 	Its:
                                        

			
	SPENCER FOREMAN	 		 	 TRUST UW EDNA ROSENTAL

F/B/O EDWARD J. ROSENTHAL

			
	/s/ Spencer Foreman	 		 	/s/ Edward J. Rosenthal
	By: Spencer Foreman	 		 	By: EDWARD J. ROSENTHAL
	       an Individual	 		 	Its:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}]]