ex49.htm

Re:

Promissory Note (the “Note”) dated September 30, 2011 in the amount of $62,000 between AMP Holding Inc. (“Maker”) and Stephen Burns (“Holder”)

Reference is hereby made to the Note. As set forth in the Note, the principal and interest on the outstanding balance was to be paid by Maker to Holder on October 31, 2011. The parties, by executing below, hereby agree that the first paragraph of the Note is hereby amended and restated as follows:

“AMP Holding Inc., a Nevada corporation (the "Maker"), for value received, hereby promises to pay to Stephen Burns or registered assigns (the "Holder"), the principal sum of SIXTY-TWO THOUSAND AND 00/XX ($62,000) Dollars in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts. Maker further promises to pay interest on the unpaid principal balance hereof at the rate of six percent (6%) per annum, principal and interest on the outstanding balance to be paid by September 30, 2012. Interest shall be calculated on the basis of a 360 day year and actual days elapsed. In no event shall the interest charged hereunder exceed the maximum permitted under the laws of the State of Ohio.”