EXHIBIT 10.1
EX-10.1
FORBEARANCE AND NOTE PAYMENT AMENDMENT AGREEMENT
This Forbearance and Note Payment Amendment Agreement (“Agreement”) is made and entered into this 6th day of May 2026 (the “Effective Date”), by and between, J.J. ASTOR & CO., a Utah corporation (the “Lender”), and VIVAKOR, INC., a Nevada corporation (“Vivakor” or the “Company”). The Company and the Lender are sometimes referred to collectively as the “Parties.”
RECITALS
WHEREAS, on March 17, 2025, the Company and the Lender entered into a loan agreement, as amended on June 17, 2025, July 9, 2025, and February 27, 2026 (the “Loan Agreement”); and
WHEREAS, on July 9, 2025, the Company issued the Lender a $5,940,000 principal amount amended and restated convertible installment secured promissory note (the “Second Note”), of which $6,815,805.71 is currently outstanding, due and payable as of the Effective Date of this Agreement; and
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