AGREEMENT TO EXTEND TERM OF PROMISSORY NOTE TO APRIL 9, 2011

Exhibit 10.06

January 9, 2011

AGREEMENT TO EXTEND TERM OF

PROMISSORY NOTE

TO APRIL 9, 2011

By this Agreement, POWRtec International Corp., a Delaware corporation ("Maker") and The Management AB ("Creditor"), do hereby extend the term of that certain Promissory Note dated  July 9, 2010 (“Note”) to become due April 9, 2011 on the same terms and conditions as set forth in that Note with the sole exception of the due date.  A copy of the Note is attached hereto as Exhibit A.

POWRtec International Corp.

By:

/s/ Xxxxx Xxxxxx

Xxxxx Xxxxxx, President

Agreed: The Management AB

By:  /s/ Xxxxxx Xxxxxxx

Xxxxxx Xxxxxxx

POWRtec Corporation

000 Xxxxxx Xxx., Xxxxx X

Xxxxxxxx, XX 00000

000-000-0000