Stead penned a two-year contract with the Magpies in the summer of 2015 after leaving Bradford City.
The veteran striker has plenty of experience from higher levels from his time with the likes of Blackburn Rovers, Sunderland and Sheffield United.
The 34-year-old has been Notts' top scorer for the two seasons he has been at Meadow Lane.
Home kit: Premier Facilities Maintenance
Away kit: Sue & Dougie Pullen
Third kit: Available
Boots & socks: Mike and Kathryn Adams