Document:

Employment Agreement

 Exhibit 10.24 

EMPLOYMENT AGREEMENT 

BY AND BETWEEN 

CAREVIEW COMMUNICATIONS, INC. 

AND 

KYLE B. JOHNSON 

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of October 1, 2008 and effective as of
January 1, 2009 (the “Effective Date”) by and between CAREVIEW COMMUNICATIONS, INC., a Nevada corporation (“CareView”), and KYLE B. JOHNSON (“Employee”). 

WHEREAS, CareView and Employee desire to enter into this Agreement to assure CareView of the services of Employee and to set forth
the respective rights and duties of the parties hereto; 
 WHEREAS, CareView is principally engaged in the business (the
“Business”) of providing a high speed data network system that can be deployed throughout a healthcare facility utilizing the cable television infrastructure and the Company’s control server to provide bedside, point-of-care video
monitoring and recording as well as a patient entertainment and education system, such activities, present and future; and 

NOW, THEREFORE, in consideration of the premises and the mutual covenants, terms and conditions set forth herein, and other good
and valuable consideration the receipt and sufficiency of which are hereby acknowledged by the parties, CareView and Employee agree as follows: 

ARTICLE I 

Employment 

1.1 Employment and Title. CareView hereby employs Employee, and Employee hereby accepts such employment as Director of
Technology (the “Employment Position”), all upon the terms and conditions set forth herein. 
 1.2 Services.
During the Employment Term (as hereinafter defined), Employee agrees to perform diligently and in good faith the duties of the Employment Position under the direction of the Chief Executive Officer (the “CEO”) of CareView. Employee
agrees to perform the services to be performed hereunder for the benefit of CareView. Employee shall be vested with such authority as is generally commensurate with the Employment Position, as further outlined below. Employee will report to the
Chief Executive Officer. Employee shall give his full attention to his duties for no less than forty (40) hours per week; however, nothing in this Agreement shall be construed to preclude Employee from pursuing outside interests so long as they
are not and do not compete or conflict with his duties to the Company or the Business of the Company.  
 1.3
Location. The principal place of employment and the location of Employee’s principal office shall be in or in close proximity to Dallas, Texas; provided however, Employee agrees to engage in reasonable travel in the performance of
his duties under this Agreement. 

 1.4 Representations.

(a) Employee represents and warrants to CareView that he has full power and authority to enter into and perform this
Agreement and that his execution and performance of this Agreement shall not constitute a default or breach by him under the terms of any other agreement to which he is a party or by which he is bound. Employee represents that no consent or approval
of any third party is required for his execution, delivery and performance of this Agreement or that all consents or approvals of any third party required for such execution, delivery and performance of this Agreement have been obtained. Employee
further represents that his employment hereunder will not involve the use of information or materials that belong to a former employer, person, or entity, and for which he has a duty of confidentiality. 

(b) CareView represents and warrants to Employee that it has full power and authority to enter into and perform this
Agreement and that CareView’s execution and performance of this Agreement shall not constitute a default or breach by CareView under the terms of any other agreement to which it is a party or by which it is bound. CareView represents that no
consent or approval of any third party is required for CareView’s execution, delivery and performance of this Agreement or that all consents or approvals of any third party required for such execution, delivery and performance of this Agreement
have been obtained. 
 ARTICLE II 

Employment Term 

The term of Employee’s employment hereunder (the “Employment Term”) shall commence as of the Effective Date hereof and
shall continue for an initial term of one (1) year from the Effective Date (the “Initial Term”), unless earlier terminated pursuant to the provisions of this Agreement. Following the completion of the Initial Term, Employee’s
term of employment shall be automatically renewed for additional one-year term in the absence of written notice of termination given by either party at least ninety (90) days prior to the date of any such renewal. 

ARTICLE III 

Compensation 

3.1 Base Salary. As compensation for the services to be rendered by Employee during the Employment Term, CareView shall pay
Employee an annual base salary (as in effect from time to time, “Base Salary”) of not less than $100,000. The Base Salary shall accrue monthly (prorated for periods less than a month) and shall be paid in accordance with CareView’s
standard payroll practices. The Employee’s Base Salary shall be reviewed annually for an upward adjustment (but never for a downward adjustment), or may be reviewed more frequently as recommended to the Board and/or the Compensation Committee
of the Board by the CEO. 
 3.2 Bonus Compensation. As of the end of each of CareView’s fiscal year ends
during the Employment Term, Employee will be entitled to receive such additional bonus or other compensation, if any, as may be approved by the Board of Directors or a Compensation Committee comprised of members appointed by the Company’s Board
of Directors. 
  

 2 

 3.3 Benefits. During the Employment Term, Employee shall be entitled to the
same fringe benefits as are from time to time made available to CareView’s most senior executive officers, such as (i) medical, hospital, dental, life, disability, and other insurance coverage, (ii) participation in incentive, bonus,
stock option, equity ownership, pension, profit sharing, and other benefit plans, and (iii) normal vacation allowance and other paid time off for all employees who are executive officers of CareView. 

3.4 Vacation. During the Employment Term, Employee will be entitled to no less than four (4) weeks paid vacation
annually during each calendar year. Vacation time will accrue at the annual paid vacation rate and be maintained as a vested benefit up to a limit of four weeks. 

3.5 Automobile. The Employer agrees to pay to the Employee an automobile allowance in the amount of three hundred fifty
dollars ($350) per month. 
 3.6 Withholding. Any and all amounts payable under this Agreement, including amounts
payable under this Article III and Article VIII, are subject to withholding for such federal, state and local taxes required pursuant to any applicable law, rule or regulation. 

ARTICLE IV 

Working Facilities, Expense and Insurance 

4.1 Working Facilities. Employee shall be furnished with an office at the location set forth in Section 1.3
hereof, or at such other location as agreed to by he and CareView, and CareView will provide Employee with secretarial and other assistance suitable to the Employment Position and reasonably required for the performance of Employee’s duties
hereunder. 
 4.2 Reimbursement for Expenses. CareView shall reimburse Employee, in accordance with
CareView’s policies and practices for senior management, for all reasonable expenses actually incurred by him while employed by CareView and in the performance of his duties under and in accordance with the terms and conditions of this
Agreement, subject to Employee furnishing to CareView an itemized account, reasonably satisfactory to CareView, in substantiation of such expenditures, along with appropriate documentation thereof including receipts for all such expenses in the
manner required pursuant to CareView’s policies and procedures and the Internal Revenue Code of 1996, as amended (the “Code”), and applicable regulations in effect from time to time. 

4.3 Insurance. CareView may secure in its own name or otherwise, and at its own expense, life, disability and other
insurance covering Employee or Employee and others, and Employee shall not have any right, title or interest in or to such insurance other than as expressly provided herein. Employee agrees to assist CareView in procuring stated insurance by
submitting to the usual and customary medical and other examinations to be conducted by such physician(s) as CareView or such insurance company may designate and by signing such applications and other written instruments as may be required by any
insurance company to which application is made for such insurance. Any information provided by Employee to such insurance company (the results of examinations being deemed part of such information) will be provided on a confidential basis and
CareView shall have no access thereto. 
  

 3 

 ARTICLE V 

Covenants and Restrictions 

During the Employment Term and for a period of one (1) year following the date of termination of employment hereunder, Employee
covenants and agrees to be bound by the following provisions of this Article V, except in carrying out his duties hereunder. 

5.1 Non-Competition. Without the express written consent of the Board of Directors, Employee shall not directly or
indirectly, own any interest in, participate or engage in, assist, render any services (including advisory services) to, become associated with, work for, serve (in any capacity whatsoever, including, without limitation, as an employee, consultant,
advisor, agent, independent contractor, officer or director) or otherwise become in any way or manner connected with the ownership, management, operation, or control of, any business, firm, corporation, partnership or other entity (collectively
referred to herein as a “Person”) that engages in, or assists others in engaging in or conducting any business, which deals, directly or indirectly, in products or services similar to or competitive with the Company’s product line or
services in the United States; provided, however, the above shall not be deemed to exclude Employee from acting as director of another corporation with the consent of the Company’s Board of Directors; provided further, however, that the above
shall not be deemed to prohibit Employee from owning or acquiring securities issued by any corporation whose securities are listed with a national securities exchange or are traded in the over-the-counter market, provided that Employee at no time
owns, directly or indirectly, beneficially or otherwise, five percent (5%) or more of any class of any such corporation’s outstanding capital stock. 

5.2 Non-Solicitation. Employee shall not knowingly provide, or solicit to provide to any Person or individual (i) any
goods or services which are competitive with those provided by the Company or which would be competitive with the goods or services that the Company has planned to provide; or (ii) any goods or services to any customer of the Company. The term
“customer” shall mean any person or individual to whom the Company has provided goods or services within the twenty-four (24) month period prior to the termination of Employee’s employment hereunder. Notwithstanding anything
herein to the contrary, no limitation shall be imposed on Employee hereunder with respect to any goods and services that the Company planned to provide and which were not actually being provided at the time of the termination of Employee hereunder.

 5.3 Confidentiality. During the Employment Term or thereafter as specified herein, Employee agrees that he
shall not divulge to others, nor shall he use to the detriment of the Company or in any business or process of manufacture competitive with or similar to any business or process of manufacture engaged in by the Company, or any subsidiary or
affiliated company, any Confidential Information (as defined below in Section 7.2) obtained by him during the course of his employment with the Company relating to sales, salesmen, sales volume or strategy, customers, formulas,
processes, methods, machines, manufactures, compositions, ideas, improvements or inventions belonging to or relating to the business of the Company, or its subsidiary or affiliated company. 

 

 4 

 5.4 Personnel. Employee shall neither solicit, nor seek to solicit any of the
Company’s personnel in any capacity whatsoever, nor shall he induce or attempt to induce any of the Company’s personnel to leave the employ of the Company in order to work for Employee or otherwise. 

5.5 Damages. Employee acknowledges that his breach of any of the restrictive covenants contained in this Article V
may cause irreparable damage to the Company for which remedies at law would be inadequate. Accordingly, if Employee breaches or threatens to breach any of the provisions of this Article V, the Company shall be entitled to appropriate
injunctive relief, including, without limitation, preliminary and permanent injunctions in any court of competent jurisdiction, restraining Employee from taking any action prohibited hereby. This remedy shall be in addition to all other remedies
available to the Company at law or equity. If any portion of this Article V is adjudicated to be invalid or unenforceable, this Article V shall be deemed amended to delete therefrom the portion so adjudicated, with such
deletion to apply only with respect to the operation of this Article V in the jurisdiction in which such adjudication is made. 

ARTICLE VI 

Illness or Incapacity 

6.1 Right to Terminate. Except as provided by this Article VI and notwithstanding anything else to the contrary
contained in this Agreement, CareView shall have no right to terminate Employee during any Employment Term that Employee suffers illness or incapacity. CareView shall have the right to terminate Employee hereunder by delivery of thirty
(30) days written notice of termination if Employee is unable to perform, with reasonable accommodation in all material respects, the Employee’s duties hereunder for a period exceeding six (6) consecutive months due to illness or
incapacity. A termination of employment under this Article VI will be deemed a termination “Death and/or Disability” as described in Section 8.2 hereof. 

6.2 Right to Temporarily Replace. If Employee’s illness or incapacity, whether by physical or mental cause, renders
him unable for a minimum period of thirty (30) consecutive calendar days to carry out his duties and responsibilities as set forth herein, CareView shall have the right to designate a person to temporarily perform Employee’s duties;
provided however, that if Employee returns to work from such illness or incapacity within the six (6) month period following the commencement of his inability due to such illness or incapacity, Employee shall be reinstated in the capacity
described in Article I hereof with all rights, duties and privileges attendant thereto. 
 6.3 Rights Prior to
Termination. Employee shall be entitled to receive his full Base Salary under Section 3.1 hereof, and all other benefits under Article III hereof, during such illness or incapacity unless and until expiration or
termination of Employee hereunder. 
  

 5 

 6.4 Determination of Illness or Incapacity. For purposes of this Article
VI, the term “illness or incapacity” shall mean Employee’s inability to perform Employee’s duties hereunder, substantially on a full-time basis because of physical or mental illness or physical injury as determined by the
Company’s Board of Directors, in its reasonable discretion and based upon competent medical evidence. Upon CareView’s written request, Employee shall submit to reasonable medical and other examinations to provide the evidence required
hereunder. 
 ARTICLE VII 

Trade Secrets 

7.1 Confidentiality. Employee will hold Confidential Information (as hereinafter defined) in confidence and trust and limit
disclosure of Confidential Information strictly to persons who have a need to know such Confidential Information in connection with the Business and who have agreed in writing with CareView to maintain the confidentiality of such Confidential
Information. Employee will not disclose, use, or permit the use or disclosure of Confidential Information, except in satisfying Employee’s obligations under this Agreement. Employee will use reasonable care to protect Confidential Information
from inappropriate disclosure, whether inadvertent or intentional. Notwithstanding the foregoing, Employee may disclose Confidential Information if such disclosure is required by a court order or an order of a similar judicial or administrative
body; provided, however, that Employee immediately notifies CareView of such requirement in writing and cooperates reasonably with CareView in obtaining a protective or similar order with respect thereto. 

7.2 Confidential Information. For the purposes of this Agreement, the phrase “Confidential Information” means
information or materials that in CareView’s reasonable determination provide advantage to CareView over others not having such information or materials and includes (i) customer information, supplier information, sales channel and
distributor information, material terms of any contracts, marketing philosophies, strategies, techniques and objectives (including product and service roll-out dates and volume estimates), legal and regulatory positions and strategies, advertising
and promotional copy, competitive advantages and disadvantages, non-published financial data, product or service plans, designs, costs, prices and names, inventions, discoveries, improvements, technological developments, know-how, software code,
business opportunities (including planned or proposed financings, mergers, acquisitions, ventures and partnerships) and methodologies and processes (including the look and feel of computer screens and reports) relating to the Business;
(ii) information designated in writing or conspicuously marked as “confidential” or “proprietary” or likewise designated or marked with words of similar import; (iii) information for which CareView has an obligation of
confidentiality so long as such obligation is known to Employee; and (iv) information of a nature that a reasonable person would conclude that it is confidential or proprietary. Notwithstanding the foregoing, information will not be deemed
Confidential Information if such information: (i) prior to receipt from CareView, is or was known to Employee directly or indirectly from a source other than one having an obligation of confidentiality to CareView; (ii) becomes known
(independently of disclosure by CareView) to Employee directly or indirectly from a source other than one having an obligation of confidentiality to CareView; (iii) becomes publicly known or otherwise ceases to be secret or confidential, except
through a breach of this Agreement by Employee; or (iv) is independently developed by Employee. Employee may disclose Confidential Information pursuant to the requirements of a governmental agency or by operation of law, if he provides CareView
reasonable prior written notice sufficient to permit CareView to contest such disclosure. 
  

 6 

 7.3 Notification of Third Party Disclosure Requests. If Employee receives any
written or oral third party request, order, instruction or solicitation for the disclosure of Confidential Information not in conformance with this Agreement, or if Employee becomes aware of any attempt by a third party to improperly gain
Confidential Information, Employee shall immediately notify the Company’s CEO, President, and/or Board of Directors of such request, order, instruction or solicitation or of such attempt and fully disclose the details surrounding such request,
order, instruction or solicitation or such attempt. 
 7.4 Non-Removal of Records. All documents, files, records,
data, papers, materials, notes, books, correspondence, drawings and other written, graphic or electronic records of the Business and all computer software of CareView which Employee shall prepare or use, or come into contact with, shall be and
remain the exclusive property of CareView and shall not be physically, electronically, telephonically or otherwise removed from CareView’s premises without CareView’s prior written consent. 

7.5 Return or Destruction of Confidential Information. Confidential Information gained, received or developed by Employee
or in which Employee participated in developing, will remain the exclusive property of CareView. Employee will promptly return to CareView or destroy or erase all records, books, documents or any other materials whatsoever (including all copies
thereof) containing such Confidential Information in his possession or control upon the earlier of (i) the receipt of a written request from CareView for return or destruction of Confidential Information or (ii) the termination of Employee
hereunder. 
 7.6 Trade Secrets of Others. During the Employment Term, Employee will not use any information or
materials belonging to any former employer or any other person or entity and for which Employee has a duty of confidentiality, or use or allow the use of any illegally obtained confidential or secret information or materials. 

ARTICLE VIII 

Termination 

8.1 Termination. Either party hereto may terminate this Agreement at any time on ninety (90) days prior written
notice. This Agreement may be immediately terminated by the Employer for “cause” at any time upon notice to the Employee. This Agreement may be terminated immediately by the Employee for “good reason” at any time, upon notice to
the Employer. If the Employer terminates this Agreement for “cause” or if the Employee terminates this Agreement other than for “good reason,” the Employee shall not be entitled to receive any compensation hereunder relating to
any period subsequent to the effective date of such termination. If the Employer terminates this Agreement without “cause” or if the Employee terminates this employment for “good cause,” the Employee shall be entitled to, for a
period (the “Severance Period”) beginning on the date of termination and ending twelve (12) months from the date of termination the following: 
  

	 	a.	The payment of the Base Salary, at the rate in effect immediately prior to the date of termination, payable for the entire Severance Period; 

 

 7 

	 	b.	Immediate vesting of all granted yet unvested stock options to Employee including an extended time to exercise said options beginning on the date of termination and to
be reviewed annually by the Compensation Committee for an annual extension at the sole discretion of the Compensation Committee not to extend the option beyond its original life; and 

 

	 	c.	Continue to participate during the Severance Period in all benefit plans contemplated by Section 3.3 hereof, and the Employer shall continue to make contributions
to such benefit plans on the Employee’s behalf during the Severance Period; and 

  

	 	d.	Continue to receive during the Severance Period all other benefits to which the Employee is entitled hereunder, including, without limitation, those contemplated by
Section 3.3 hereof; provided, however, that as provided under clauses ii and iii above is barred (by the terms of the applicable plans or pursuant to applicable law), the Employer shall arrange to provide the Employee with benefits (including,
without limitation, at the Board of Directors discretion, cash compensation if appropriate and necessary) substantially similar to those which the Employee would otherwise have been entitled to receive under such plans from which his continued
participation is barred. 

 8.2 Disability: Death. In the event the Employee shall, because of
illness or incapacity, physical or mental, be unable to perform substantially all of his duties hereunder for a period of six consecutive months or for a total of nine months during any eighteen (18) month period, the Employer may, in its sole
discretion, at any time thereafter while such disability continues, terminate this Agreement by notice thereof to the Employee specifying the termination date. In the event the Employee shall die during the period of his employment, his employment
hereunder shall immediately terminate without further act. Upon termination in accordance with this Section 8.2, the Employer shall pay to the Employee or his estate, as applicable, all compensation provided for hereunder with respect to the
period ending on the termination date and a lump sum equal to the Employee’s Base Salary (in effect at the date of termination) for six (6) months. In addition, the Employee or his estate, as applicable, will continue to be entitled to the
benefits of any life insurance (in the event of his death) or disability insurance (in the event of his disability) pursuant to Section 6.1 hereof. 

8.3 Change of Ownership/Control. In the event of a change of ownership/control (40% or more), the Employee or Employer may
terminate this Agreement for “good reason” and provide a lump sum payment of an amount equal one (1) year, all options granted and not vested will immediately vest, plus all vested benefits. Further, Employee will be entitled to all
benefits that are provided under law as well as the Employers plan (COBRA, continuing life insurance, etc.). 
 8.4
Definitions. The term “cause” as used in this Agreement in relation to termination of this Agreement or the Employee’s employment hereunder shall mean: 

 

	 	a.	The willful and continued failure of Employee to perform substantially his duties with the Employer (other than any such failure resulting from the Employee’s
incapacity due to physical or mental illness) or 

  

	 	b.	The willful engaging by the Employee in illegal conduct which is materially and demonstrably injurious to the Employer. 

 

 8 

	 	c.	For purposes of this Section 8.3, no action or failure to act, on the Employee’s part shall be considered “willful” unless done, or omitted to be
done, by him in bad faith or without reasonable belief that his actions or omissions were in, or not opposed to, the best interests of the Employer. Actions taken by the Employee based upon the authority given to the Employee by the Board of
Directors of based upon the advice of counsel shall be presumed to be done, or omitted to be done, in good faith and in the best interests of the Employer. 

The term “good reason” as used in this Agreement in relations to termination of this Agreement or the Employee’s employment hereunder
shall mean: 
  

	 	i.	An adverse change in the Employee’s status or title, or 

  

	 	ii.	An permanent or temporary assignment (of thirty (30) days in duration) without the Employee’s consent, to an office located more than 35 miles from the
Corporate Office. 

  

	 	iii.	A material change in ownership and control of the company. 

  

	 	iv.	A change in reporting relationship 

  

	 	v.	A reduction in Base Salary 

ARTICLE IX 

Miscellaneous 

9.1 No Waivers. The failure of either party to enforce any provision of this Agreement shall not be construed as a waiver
of any such provision, nor prevent such party thereafter from enforcing such provision or any other provision of this Agreement. 

9.2 Notices. Any notice required or permitted to be given to under the terms of this Agreement may be delivered in person,
by courier or Federal Express, United Parcel Service, Airborne Express, US Express Mail or other similar nationally recognized overnight delivery service that obtains a confirmation of delivery, or by registered or certified mail, postage prepaid,
return receipt requested, or by fax or e-mail transmission if delivery is promptly confirmed, and shall be addressed as follows: 
  

			
	If to CareView:	  	 CareView Communications, Inc.

Attn: Chief Executive Officer
 5000 Legacy Drive,
Suite 470
 Plano, TX 75024
 Fax:
972-403-7659
 E-mail: SGreco@care-view.com

		
	If to Employee:	  	 Kyle B. Johnson
 6400 Ohio
Drive, Apt 2013
 Plano, TX 75024
 Fax:
972-943-7659
 E-mail: workkyle@gmail.com

  

 9 

 Either party may hereafter notify the other in writing of any change in address. Any notice shall be deemed
duly given: (i) when personally delivered, (ii) when delivered by courier or overnight delivery service, (iii) on the third day after it is mailed by registered or certified mail, postage prepaid, return receipt requested as provided
herein, or (iv) when proper transmission is confirmed if transmitted by fax or e-mail. 
 9.3 Severability.
The provisions of this Agreement are severable. If any provision of this Agreement shall be held to be invalid or otherwise unenforceable, in whole or in part, the remainder of the provisions or enforceable parts hereof, shall not be affected
thereby. 
 9.4 Successors and Assigns. The rights and obligations of CareView under this Agreement shall inure to
the benefit of and be binding upon the successors and assigns of CareView, including the survivor upon any merger, consolidation, share exchange or combination of CareView with any other entity. Employee shall not have the right to assign, delegate,
or otherwise transfer to any person or entity any duty or obligation to be performed by Employee hereunder. 
 9.5 Entire
Agreement. This Agreement supersedes all prior and contemporaneous agreements and understandings between the parties hereto, oral or written, and may not be modified or terminated orally. No modification (except as otherwise provided herein
with respect to the modification of provisions that are unreasonable, arbitrary or against public policy), termination, or attempted waiver shall be valid unless in writing, signed by the party against whom such modification, termination or waiver
is sought to be enforced. This Agreement was the subject of negotiation by the parties hereto and their counsel. The parties agree that no prior drafts of this Agreement shall be admissible as evidence (whether in any arbitration or court of law) in
any proceeding which involves the interpretation of any provisions of this Agreement. 
 9.6 Governing Law. This
Agreement shall be governed by and construed in accordance with the internal laws of the State of Texas without reference to the conflict of law principles thereof. 

9.7 Confidential Arbitration. The parties hereto agree that any dispute concerning or arising out of the provisions of this
Agreement, Employee’s employment, or termination of Employee, shall be resolved by confidential arbitration in accordance with the rules of the American Arbitration Association. Such confidential arbitration shall be held in Dallas, Texas, and
the decision of the arbitrator(s) shall be conclusive and binding on the parties and shall be enforceable in any court of competent jurisdiction. The arbitrator may, in the arbitrator’s discretion, award attorney’s fees and costs to such
party as the arbitrator sees fit in rendering a decision. 
 ARTICLE X 

Survival 

The provisions of Article V and VII of this Agreement and this Article X shall survive the termination,
rescission or expiration of this Agreement, whether upon or prior to any date of termination hereof. The representations and warranties of the parties hereto shall survive the execution of this Agreement and come without limitation. 

 

 10 

 ARTICLE XI 

Intellectual Property 

All Confidential information, computer software, video and sound recordings, scripts, creations, inventions, improvements, designs and
discoveries conceived, created, invented, authored, developed, produced or discovered by Employee during the Employment Term, whether alone or with others, whether during or after regular work hours, are and will be CareView’s property.
Employee hereby assigns to CareView all copyrights, trademarks, patents, related applications and registrations, and other rights of authorship, invention or ownership he may have with respect to such item. CareView agrees to pay for all patent
filing and maintenance fees associated with such inventions. 
 IN WITNESS WHEREOF, the parties hereto have executed this
Employment Agreement as of the date first above written. 
  

			
	CAREVIEW COMMUNICATIONS, INC.,
	a Nevada corporation
		
	By:	 	/s/ Samuel A. Greco
		 	Name: Samuel A. Greco
		 	Its: Chief Executive Officer
		
	Date:	 	October 1, 2008
	
	EMPLOYEE
		
	By:	 	/s/ Kyle B. Johnson
		 	Kyle B. Johnson
		
	Date:	 	October 1, 2008

  

 116% Promissory Note

 Exhibit 10.25 

PROMISSORY NOTE 
  

			
	
$                        
    
	  	October 2, 2008

FOR VALUE RECEIVED, CareView Communications, Inc., a Nevada corporation, (“Maker”), promises to pay to the order of
                                         
   (“Holder”), or assigns, the sum of
                                         
    ($                    ) together with interest on the outstanding principal balance remaining unpaid from time to time
until paid at SIX percent (6%) per annum (computed on the basis of a 360 day year of twelve 30 day months). 
 1. PAYMENTS. Interest shall
be due and payable quarterly commencing January 2, 2009. The then unpaid principal amount of this Note, together with all accrued and unpaid interest, shall be due and payable in full on June 1, 2009 (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. 
 3. PREPAYMENT. 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. 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 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. 

c. 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 
  

 1 

 
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. 

d. 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 $25,000 or more and the same is not stayed, fully bonded off or cured within ten (10) days thereafter. 
 e A
breach of any of the provisions of the Transaction Documents as defined in the Securities Purchase Agreement being executed simultaneously herewith. 

5. ACCELERATION AND CONVERSION. 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 either (i) immediately due, payable, and collectible or (ii) convertible into the Maker’s common stock at the rate of $0.10 per share. 

6. 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. 
 7. 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. 
 8. 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. 
 9. 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 the books and records of Maker or to such other address as such party shall have specified by notice in writing to the other parties. 

 

 2 

 10. 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.
		
	By:	 	 
		 	Steve Johnson, President

  

 3

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"}]]