Amendment to $220,000 Convertible Promissory Note, dated January 26, 2018, between the Company and Lucas Hoppel
TO THE $220,000 PROMISSORY NOTE DATED January 26, 2018
The parties agree that $220,000 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 October 1st, 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 $220,000 PROMISSORY NOTE REMAIN IN FULL FORCE AND EFFECT.
Please indicate acceptance and approval of this amendment dated May 22nd, 2018 by signing below:
|/s/ Tim Hassett||/s/ Lucas Hoppel|
|Tim Hassett|| |
Cool Technologies, Inc.
Chief Executive Officer