Amendment to $165,000 Promissory Note between Cool Technologies, Inc. and Lucas Hoppel

Contract Categories: Business Finance › Note Agreements
Summary

This amendment updates the $165,000 promissory note between Cool Technologies, Inc. and Lucas Hoppel. The maturity date is extended to April 30, 2018, and the conversion price is set at $0.025 per share. All other terms of the original note remain unchanged. The amendment is effective upon signing by both parties on February 19, 2018.

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EX-10.84 9 cool_ex1084.htm AMENDMENT TO $165,000 PROMISSORY NOTE cool_ex1084.htm

EXHIBIT 10.84

 

AMENDMENT

TO THE $165,000 PROMISSORY NOTE DATED August 24, 2018

 

The parties agree that $165,000 Promissory Note by and between Cool Technologies, Inc. (“Company”) and Lucas Hoppel (“Holder”) is hereby amended as follows:

 

Maturity Date: The Maturity Date shall be extended to April 30th, 2018.

 

Conversion Price: The Conversion Price in section 3(a)(ii) shall permanently be changed to equal $0.025 cents.

 

ALL OTHER TERMS AND CONDITIONS OF THE $165,000 PROMISSORY NOTE REMAIN IN FULL FORCE AND EFFECT.

 

Please indicate acceptance and approval of this amendment dated February 19th, 2018 by signing below:

 

/s/ Tim Hassett   /s/ Lucas Hoppel  
Tim Hassett   Lucas Hoppel  

Cool Technologies, Inc.

Chief Executive Officer