Amendment to $165,000 Promissory Note, dated February 19, 2018, between the Company and Lucas Hoppel
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