Exhibit 10.2


                       PROTEIN POLYMER TECHNOLOGIES, INC.
                           8% SECURED PROMISSORY NOTE
                                DUE JULY 12, 2006
                            NOW DUE OCTOBER 10, 2006
                                 AMENDMENT NO. 2
                            DATED AS OF JULY 14, 2006
                                       AND
                           EXECUTED ON August 18, 2006


         On April 13,  2006,  Protein  Polymer  Technologies,  Inc.,  ("Maker"),
issued to Matthew  J.  Szulik  ("Payee")  a note (the  "Note") in the  principal
amount of One Million  ($1,000,000.00)  Dollars  pursuant to which,  among other
things,  Maker agreed to pay the Obligations,  as defined  therein,  to Payee on
July 12, 2006, or sooner as otherwise provided therein.  On July 12, 2006, Maker
and Taurus Advisory Group, LLC, as agent for Payee, ("Agent") executed Amendment
No. 1 to the Note pursuant to which, among other things,  "July 12, 2006" In the
first  paragraph  of the Note was changed to "October 10,  2006." In  accordance
with the terms of Section 10 (f) thereof, the Note is hereby amended as follows:

1.       In the first paragraph "One Million ($1,000,000.00) Dollars" is changed
to "One Million Five Hundred Thousand ($1,500,000.00) Dollars."

         Maker  shall pay  additional  Interest  to Payee in the  amount of Nine
Thousand  Eight  Hundred and Eighty Nine  ($9,889.00)  Dollars (the  "Additional
Interest") for the increased  Principal of the Note as provided  herein upon the
execution of this  Amendment  No. 2 by  requesting  Designee,  as defined in the
Escrow Agreement,  dated as of April 13, 2006, among Maker, Agent,  Designee and
Barry Feiner,  Esq., as Escrow Agent,  to direct the Escrow Agent, as defined in
the Escrow Agreement,  to pay the Additional  Interest to Payee as an expense of
Maker from the funds that the Escrow  Agent is  currently  holding in the Escrow
Account,  as defined in the Escrow Agreement,  as provided in Section 3.1 of the
Escrow Agreement.

         Counterparts.  This  Amendment  No.  2 may be  executed  in one or more
counterparts, including by facsimile, each of which shall be deemed an original,
but all  such  counterparts  together  shall  constitute  but  one and the  same
Amendment No. 2.

         Governing  Law. This Amendment No. 2 shall be governed by and construed
in accordance with the internal laws (and not the law of conflicts) of the State
of Connecticut.

         Except as set forth above,  the Note, as amended  pursuant to Amendment
No. 1, is not modified,  changed or otherwise  amended and remains in full force
and effect in accordance with its terms as amended herein.





Amendment No. 2, dated as of July 14, 2006
and executed on August 18, 2006
to $1,000,000.00 Secured Promissory Note
of Protein Polymer Technologies, Inc.
payable to Mathew J. Szulik
dated April 13, 2006 and Amended
on July 12, 2006


         IN WITNESS WHEREOF,  the undersigned have executed this Amendment No. 2
to the Note on August 18, 2006, as of July 14, 2006.

                                Protein Polymer Technologies, Inc., Maker,
                                a Delaware corporation

                                By:  /s/ William N. Plamondon III
                                     -----------------------------------------
                                     William N. Plamondon III,
                                     Chief Executive Officer

                                Taurus Advisory Group, LLC, as agent for
                                Matthew J. Szulik, Payee

                                /s/ James Tagliaferri
                                -----------------------------------------
                                James Tagliaferri,
                                Managing Director `




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