No Reverse Split . So long as there remains any balance due to the Purchaser under the Note, the Company shall not undertake a reverse split or reclassification of the Company’s common
stock without the prior written consent of the Purchaser. In the event of the Company’s failure to honor this Section 16, the Company shall pay liquidated damages to the Purchaser in an
amount equal to 50% of the Principal Sum of the Note plus $5,000 per day from the time of the reverse split or reclassification until such time as the Company repays the Note.