Value Exchange International Inc Watch

from 8-K 2 pages Amendment Number One to the Convertible Credit Agreement

from 8-K 16 pages Convertible Credit Agreement

from 8-K 9 pages Certain Identified Information Has Been Excluded From the Exhibit Because It Is Both (I) Not Material and (II) Would Be Competitively Harmful if Publicly Disclosed. This Loan Agreement and Promissory Note Provides for Single Lump Sum or “Balloon” Payment of Principal Amount Loaned. This Obligation Imposes a Significant Financial Burden on Borrower. Loan Agreement and Promissory Note

from 8-K 16 pages Convertible Credit Agreement

from 8-K 2 pages Line of Credit Note

from 8-K 3 pages Maturity. Unless Converted, This Note Will Be Due and Payable on (The “Maturity Date”). Accrued Interest Shall Be Due and Payable on the Maturity Date. Notwithstanding the Foregoing, the Unpaid Principal of This Note, and Any Interest, Shall Become Immediately Due and Payable Upon the Insolvency of the Company, the Commission of Any Act of Bankruptcy by the Company, the Execution by the Company of a General Assignment for the Benefit of Creditors, the Filing by or Against the Company of a Petition in Bankruptcy, or the Appointment of a Receiver or Trustee to Take Possession of the Assets of the Company. 2. Conversion