Document:

Exhibit
10.11

    

    FIRST
AMENDMENT TO

    THIRD
AMENDED AND RESTATED PROMISSORY NOTE

    
      
        
          
            
              	
                        

                    	
                        

                    	
                        

                    	
                        

                    
	 	 	 	 
	
                      MAKER:

                    	
                      microHelix,
      Inc.

                      5300
      Meadows Road, Suite 400

                      Lake
      Oswego, Oregon  97035

                       

                      Moore
      Electronics, Inc.

                      5300
      Meadows Road, Suite 400

                      Lake
      Oswego, Oregon  97035

                    	
                      HOLDER:

                    	
                      MH
      Financial Associates, LLC

                      c/o
      Aequitas Capital Management, Inc.

                      5300
      Meadows Road, Suite 400

                      Lake
      Oswego, Oregon  97035

                       

                    
	
                        

                    	
                        

                    	
                        

                    	
                        

                    

            

          

        

      

    

    

    THIS
FIRST AMENDMENT TO THIRD AMENDED AND RESTATED PROMISSORY NOTE ("Amendment") dated
effective December 31, 2009 is to that certain Third Amended and Restated
Promissory Note dated effective June 27, 2008, made and executed by microHelix,
Inc., an Oregon corporation ("Borrower"), in favor
of MH Financial Associates, LLC, an Oregon limited liability company ("Lender") in the
principal amount of $977,742.96 (the "Note").

    

    1.      INTEREST RATE
MODIFIED.  Section 4 of the Note is hereby modified to read in
its entirety as follows:

    

    "4.  INTEREST
RATE.  Interest will accrue on the outstanding principal
balance of this Note at the rate of 20% per annum, calculated on the basis of a
365-day year and actual days elapsed; provided, however, that after Borrower has
paid $400,000 in principal under this Note, interest will thereafter accrue on
the outstanding principal balance of this Note at the rate of 8% per annum,
calculated on the basis of a 365-day year and actual days
elapsed.  NOTICE:  Under no
circumstances will the interest rate on this Note be more than the maximum rate
allowed by applicable law."

    

    2.      PAYMENT AND MATURITY DATE
MODIFIED.  Section 5 of the Note is hereby modified to read in
its entirety as follows:

    

    "5. PAYMENT AND MATURITY; APPLICATION OF
PAYMENTS.  Maker will pay all amounts outstanding under this
Note on the earliest of the following:  (a) December 31, 2011;
(b) the closing of a loan or other financing provided to Maker by a senior
lender or other source in an amount sufficient to pay off this Note;
(c) the closing of a private investment in public equity financing and/or
any other financing event with gross proceeds to Maker in excess of $2,000,000
(each of (a) through (c) is individually the "Maturity Date");
provided, however, that after the occurrence of an Event of Default, the
outstanding principal and all accrued interest will be payable on
demand.  Unless otherwise agreed or required by applicable law,
payments will be applied first to expenses for which Maker is liable hereunder
(including unpaid collection costs and late charges), next to accrued and unpaid
interest, and the balance to principal.  In addition, the outstanding
principal balance and all accrued and unpaid interest will be due and payable in
the event of (x) a sale of all or substantially all of the assets of Maker, or
(y) the transfer of ownership or beneficial interest, by merger or otherwise, of
50% or more of the stock of Maker."

    

    3.  NO FURTHER
MODIFICATIONS.  Except as set forth in this Amendment, the Note
shall continue unmodified and in full force and effect in accordance with its
terms.  Capitalized terms not otherwise defined in this Amendment
shall have the meanings ascribed to them in the Note.

    

    [Signature
page follows]

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    UNDER
OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS MADE BY LENDER AFTER
OCTOBER 3, 1989 CONCERNING LOANS AND OTHER CREDIT EXTENSIONS MUST BE IN WRITING,
EXPRESS CONSIDERATION AND BE SIGNED BY LENDER TO BE ENFORCEABLE.

    

    BORROWER
ACKNOWLEDGES HAVING READ ALL OF THE PROVISIONS OF THIS AMENDMENT AND BORROWER
AGREES TO ITS TERMS.

    

    
      
        
          
            	
                    BORROWER:

                  	
                    MICROHELIX,
      INC.

                  
	 
      	 
      	 
      
	 
      	
                    By:

                  	
                    /s/ Thomas A. Sidley

                  
	 
      	 
      	
                    Thomas
      A. Sidley, President

                  
	 
      	 
      	 
      
	 	

                    MOORE
      ELECTRONICS, INC.

                  
	 
      	 
      	 
      
	 
      	
                    By:

                  	
                    /s/ Thomas A. Sidley

                  
	 
      	 
      	
                    Thomas
      A. Sidley, President

                  
	 
      	 
      	 
      
	
                    LENDER:

                  	
                    MH
      FINANCIAL ASSOCIATES, LLC

                  
	 
      	
                    By
      Aequitas Capital Management, Inc., its Manager

                  
	 
      	 
      	 
      
	 
      	
                    By:

                  	
                    /s/ Robert J. Jesenik

                  
	 
      	 
      	
                    Robert
      J. Jesenik,
President

                  

          

        

      

    

     

    
      Page 2 of
2– FIRST AMENDMENT TO THIRD AMENDED AND RESTATED PROMISSORY
NOTEExhibit
10.12

    

    FIRST
AMENDMENT TO

    MULTIPLE
ADVANCE PROMISSORY NOTE

    
      
        
          
            	
                      

                  	
                      

                  	
                      

                  	
                      

                  
	 	 	 	 
	
                    MAKER:

                  	
                    microHelix,
      Inc.

                    5300
      Meadows Road, Suite 400

                    Lake
      Oswego, Oregon  97035

                     

                    Moore
      Electronics, Inc.

                    5300
      Meadows Road, Suite 400

                    Lake
      Oswego, Oregon  97035

                  	
                    HOLDER:

                  	
                    Aequitas
      Capital Management, Inc.

                    5300
      Meadows Road, Suite 400

                    Lake
      Oswego, Oregon  97035

                     

                  
	
                      

                  	
                      

                  	
                      

                  	
                      

                  

          

        

      

    

    

    THIS
FIRST AMENDMENT TO MULTIPLE ADVANCE PROMISSORY NOTE ("Amendment") dated
effective December 31, 2009 is to that certain Multiple Advance Promissory Note
dated effective December 31, 2008, made and executed by microHelix, Inc., an
Oregon corporation and Moore Electronics, Inc. (together "Borrower"), in favor
of MH Financial Associates, LLC, an Oregon limited liability company ("Lender") in the
original principal amount of $300,000 (the "Note").

    

    1.      MAXIMUM ADVANCE AMOUNT
MODIFIED.  Section 2 of the Note is hereby modified to read in
its entirety as follows:

    

    "2. PROMISE TO
PAY.   microHelix, Inc. and Moore Electronics, Inc.
(together, "Maker") jointly and
severally promise to pay to the order of Aequitas Capital Management, Inc.
("Holder") in
lawful money of the United States of America, the amounts of all advances
("Advances")
made by Holder to microHelix, Inc. under the Services Agreement and the Support
Arrangement, which will not exceed the sum of $360,000, together with
interest on the unpaid principal balance from the date hereof until paid in
full.  Maker will pay Holder at Holder's address shown above or at
such other place as Holder may designate in writing."

    

    2.      PAYMENT AND MATURITY DATE
MODIFIED.  Section 5 of the Note is hereby modified to read in
its entirety as follows:

    

    "5. PAYMENT AND  MATURITY;
APPLICATION OF PAYMENTS.  Maker will pay all amounts
outstanding under this Note on the earliest of the
following:  (a) December 31, 2010; (b) the closing of a loan
or other financing provided to Maker by a senior lender or other source in an
amount sufficient to pay off this Note; (c) the closing of a private
investment in public equity financing and/or any other financing event with
gross proceeds to Maker in excess of $1,000,000 (each of (a) through (c) is
individually the "Maturity Date");
provided, however, that after the occurrence of an Event of Default, the
outstanding principal and all accrued interest will be payable on
demand.  Unless otherwise agreed or required by applicable law,
payments will be applied first to expenses for which Maker is liable hereunder
(including unpaid collection costs and late charges), next to accrued and unpaid
interest, and the balance to principal.  In addition, the outstanding
principal balance and all accrued and unpaid interest will be due and payable in
the event of (x) a sale of all or substantially all of the assets of Maker, or
(y) the transfer of ownership or beneficial interest, by merger or otherwise, of
50% or more of the stock of Maker."

    

    3.  NO FURTHER
MODIFICATIONS.  Except as set forth in this Amendment, the Note
shall continue unmodified and in full force and effect in accordance with its
terms.  Capitalized terms not otherwise defined in this Amendment
shall have the meanings ascribed to them in the Note.

    

    [Signature
page follows]

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    UNDER
OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS MADE BY LENDER AFTER
OCTOBER 3, 1989 CONCERNING LOANS AND OTHER CREDIT EXTENSIONS MUST BE IN WRITING,
EXPRESS CONSIDERATION AND BE SIGNED BY LENDER TO BE ENFORCEABLE.

    

    BORROWER
ACKNOWLEDGES HAVING READ ALL OF THE PROVISIONS OF THIS AMENDMENT AND BORROWER
AGREES TO ITS TERMS.

    

    
      
        	
                BORROWER:

              	
                MICROHELIX,
      INC.

              
	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Thomas A. Sidley

              
	 
      	 
      	
                Thomas
      A. Sidley, President

              
	 
      	 
      	 
      
	 
      	
                MOORE
      ELECTRONICS, INC.

              
	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Thomas A. Sidley

              
	 
      	 
      	
                Thomas
      A. Sidley, President

              
	
                 
      

              	 
      	 
      
	
                LENDER:

              	
                AEQUITAS
      CAPITAL MANAGEMENT, INC.

              
	 
      	 
      	 
      
	 
      	
                By:

              	
                /s/ Robert J. Jesenik

              
	 
      	 
      	
                Robert
      J. Jesenik, President

              

      

    

    

    Signature
page to First Amendment to Multiple Advance Promissory Note

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