Document:

Promissory Note

 Exhibit 10.36 

PROMISSORY NOTE 

June 3, 2009 

FOR VALUE RECEIVED, CareView Communications, Inc., a Nevada corporation (“Maker), promises to pay to the order of, Steven Johnson,
an individual residing in the state of Texas (“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 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. 
  

			
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	  	Page 2

 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
	 6-3-2009
	  	Advance	  	$	10,000.00	  	$	10,000.00	  	
	 6-24-09
	  	Advance	  	$	10,000.00	  	$	20,000.00	  	

  

			
	 Promissory Note
	  	Page 4Promissory Note

 Exhibit 10.37 

PROMISSORY NOTE 

June 16, 2009 

FOR VALUE RECEIVED, CareView Communications, Inc., a Nevada corporation (“Maker), promises to pay to the order of, Recap Group,
L.L.C., a Texas 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
	 6-16-2009
	  	Advance	  	$	20,000.00	  	$	20,000.00	  	

  

			
	 Promissory Note
	  	Page 4

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