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Saturday, August 15, 2020 12:44:25 PM
Dear Mr. Bilang:
This letter is in reference to the signed Term Sheet by and between Verus International, Inc. (“Verus”) and ZC Top Apparel Manufacturing, Inc. (“TAM”), pursuant to which Verus has agreed to purchase, and TAM has accepted, a direct investment interest for Fifty-One Percent (51%) control of TAM (the “Control Interest”) in exchange for the sum certain of One Hundred Thousand Dollars U.S. ($100,000.00 U.S.) (the “Purchase Price”) (a copy of which is attached).
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