Verus International Inc (VRUS)

[confuciussay]

According to this t(t) Stock Splits . Until the Note and all interest thereon are paid in full, the Company shall not effectuate any stock combination, reverse stock split or other similar transaction (or make any public announcement or disclosure with respect to any of the foregoing) without the prior written consent of the Required Holders (Andrew Garnock)

(p) Dilutive Issuances . During the period of one hundred eighty (180) days after either a conversion, in whole or in part, of any Note or the exercise, in whole or in part, of any of the Warrant, the Company shall not, in any manner, enter into or affect any Dilutive Issuance (as defined in the Note)

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