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EXHIBIT 10.42
Amendment #1
The Convertible Promissory Note between Freeze Tag, Inc. (the “Borrower”) and Accredited Investor (the “Lender”), executed and effective on April 7, 2016 (the “Note”) had a Principal Sum of $500,000.
As of the date of this Amendment, the total consideration paid on the Note is $554,000.00.
The Lender and Borrower hereby agree to amend the Note to increase the Principal Sum in the amount of $100,000, to a total Principal Sum of $600,000.
All other terms and conditions of the Note remain unchanged.
Agreed and Accepted:
Freeze Tag, Inc.
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| Craig Holland Date | Date |
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| Chief Executive Officer |
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| Accredited Investor |
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By: |
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| Accredited Investor Signor | Date |
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