EX-10.42 2 frzt_ex1042.htm AMENDMENT #1 TO CONVERTIBLE PROMISSORY NOTE frzt_ex1042.htm



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.






Craig Holland Date     Date



Chief Executive Officer      






Accredited Investor










Accredited Investor Signor     Date