CHANGES IN TERMS AGREEMENT
Exhibit 10.8
| Borrower: | American Power Group, Inc. |
| 0000 X. Xxxxxx Xxxxxx | |
| XX Xxx 000 | |
| Xxxxxx, XX 00000 | |
| Lender: | Xxxx Xxxxxx |
DESCRIPTION OF EXISTING INDEBTEDNESS
Promissory Note dated October 12, 2011, in the original amount of $150,000.00.
DESCRIPTION OF CHANGE IN TERMS
Lender hereby extends maturity date from October 12, 2011, to March 15, 2012.
All other terms to remain the same.
PRIOR TO SIGNING THIS AGREEMENT, BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS OF THIS AGREEMENT. BORROWER AGREES TO THE TERMS OF THE AGREEMENT.
BORROWER ACKNOWLEDGES RECEIPT OF A COMPLETED COPY OF THIS CHANGE IN TERMS AGREEEMNT AND ALL OTHER DOCUMENTS RELATING TO THIS DEBT.
| Undersigned: | Holder: |
| American Power Group, Inc. | Xxxx Xxxxxx |
| By: /s/ Xxxx Xxxxxxx | By: /s/ Xxxx Xxxxxx |
