Material Agreement Form 8 K

Item 1.01Entry Into a Material Definitive Agreement.

On July 15, 2024, Hawkeye Systems, Inc. (the "Company") and Steve Hall, executed a Debt Consolidation Agreement that will be effective as of April 1, 2024, that consolidates the Company's various historic loans from Steve Hall to an amount of $1,770,713.10 (the "Steve Hall Indebtedness") and extends the maturity date to December 31, 2025, with an annual interest rate of 12%. In addition, as consideration for the forbearance and extension from Steve Hall, the Company formally assigned, through an Assignment and Assumption Agreement, the $1,753,247.34 that was due to the Company from CNTNR to Steve Hall directly.

The foregoing summary of the Agreement, are attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated by reference into this Item 1.01.