EX-10 7 ex10-14123120combonote11stam.htm FIRST AMENDMENT TO PROMISSORY NOTE WITH MICHAEL VARDAKIS DATED JUNE 22, 2021 FIRST AMENDMENT TO PROMISSORY NOTE

FIRST AMENDMENT TO PROMISSORY NOTE


This First Amendment to Promissory Note (the “First Amendment”) is made by and between the parties High Sierra Technologies, Inc., a Nevada Corporation (“HSTI”) and Michael Vardakis (“Vardakis”) to be effective as of this 22nd day of June, 2021.


WHEREAS, HSTI and Vardakis are parties to that certain Promissory Note dated December 31, 2020 in the amount of $105,500.00 (the “Note”).


WHEREAS, the Note currently has a Maturity Date, as defined in the Note, of June 30, 2021.


WHEREAS, due to circumstances unforeseen by the parties to the Note, the parties to the Note now deem it to be in their mutual best interests to extend said Maturity Date of the Note.


NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements set forth herein, HSTI and Vardakis hereby covenant, promise and agree as set forth below.


1.  The Maturity Date of the Note is now extended to December 31, 2021.


2.  Concurrently with the execution of this First Amendment, HSTI shall make an interest payment in the amount of $3,692.50.


3.  All other terms, provisions and conditions as are set forth in the Note shall remain the same and shall continue to remain in full force and effect.


IN WITNESS WHEREOF, the parties hereto have hereunto set their hands to this First Amendment to be effective as of the day and date first set forth above.


High Sierra Technologies, Inc., a Nevada Corporation




By:  /s/ Gregg W. Koechlein

Gregg W. Koechlein, its Chief Operating Officer




By:  /s/ Michael Vardakis

Michael Vardakis