Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PROTALEX INC | Financial_Report.xls |
| EX-32.1 - EXHIBIT 32.1 - PROTALEX INC | v390153_ex32-1.htm |
| EX-32.2 - EXHIBIT 32.2 - PROTALEX INC | v390153_ex32-2.htm |
| EX-31.1 - EXHIBIT 31.1 - PROTALEX INC | v390153_ex31-1.htm |
| EX-31.2 - EXHIBIT 31.2 - PROTALEX INC | v390153_ex31-2.htm |
| 10-Q - 10-Q - PROTALEX INC | v390153_10q.htm |
Exhibit 10.1
Consolidated Note Modification Agreement
AGREEMENT by and between Protalex, Inc., a Delaware corporation (the “Company”) and Niobe Ventures, LLC, a Delaware limited liability company (“Niobe”).
WHEREAS, Niobe is the holder of a Consolidated, Amended and Restated Promissory Note (the “Outstanding Note”) made by the Company in the principal amount of $9,219,366, dated October 11, 2013, with a Maturity Date of September 1, 2015 (as defined in the Outstanding Note); and
WHEREAS, the parties desire to extend the Maturity Date to September 1, 2016;
NOW THEREFORE, the parties hereby agree as follows:
| 1. | The Maturity Date is hereby extended to September 1, 2016. |
| 2. | The Note Modification provided for herein shall be retroactively effective to October 1, 2014. |
| 3. | Except as otherwise modified hereby, all other terms and provisions of the Outstanding Note shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties have duly executed and delivered this Note Modification Agreement as of the date indicated below.
Dated: October 6, 2014
| PROTALEX, INC. | ||
| By: | ||
| Kirk M. Warshaw, Chief Financial Officer | ||
| NIOBE VENTURES, LLC | ||
| By: | ||
| Arnold P. Kling, Manager | ||