EX-10 4 ex_10-5.htm SCHEDULE A TO SUBORDINATION AGREEMENT DATED FEBRUARY 28, 2018

Exhibit 10.5

 

SCHEDULE A TO SECURITY AGREEMENT - REVISED

 

Lender: Clayton Struve

 

Senior Secured Convertible Redeemable Debenture:  $360,000

 

Senior Secured Convertible Redeemable Debenture:  $300,000

 

Promissory Note in the amount of $275,000, dated as of May 1, 2017

 

Senior Secured Convertible Redeemable Debenture:  $336,000

 

 

Acknowledged:

 

February 28, 2018

 

 

VISUALANT, INCORPORATED

 

 

By:      /s/ Ronald P. Erickson

Name: Ronald P. Erickson

Title:   Chief Executive Officer and President