Amendment to $385,000 Promissory Note between Cool Technologies, Inc. and Lucas Hoppel

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment extends the maturity date of a $385,000 promissory note between Cool Technologies, Inc. and Lucas Hoppel to August 1, 2019. All other terms of the original note remain unchanged. The amendment is effective as of May 1, 2019, and is signed by both parties to confirm their agreement.

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EX-10.99 4 cool_ex1099.htm CONVERTIBLE PROMISSORY NOTE cool_ex1099.htm

EXHIBIT 10.99

 

AMENDMENT

 

TO THE $385,000 PROMISSORY NOTE DATED February 19, 2018

 

The parties agree that $385,000 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 August 1st, 2019.

 

ALL OTHER TERMS AND CONDITIONS OF THE $385,000 PROMISSORY NOTE REMAIN IN FULL FORCE AND EFFECT.

 

Please indicate acceptance and approval of this amendment dated May 1st, 2019 by signing below:

 

     
/s/ Tim Hassett  /s/ Lucas Hoppel 
Tim Hassett   Lucas Hoppel 
TitleCool Technologies, Inc.    

Chief Executive Officer