CREDIT AGREEMENT by and among [REDACTED NAME OF US-BASED PRIVATE CREDIT INVESTMENT FUND PER CONFIDENTIALITY PROVISIONS] as Agent, Sole Lead Arranger and Sole Bookrunner, THE LENDERS PARTY HERETO as the Lenders, GLASS HOUSE BRANDS INC., as Parent, MPB...Credit Agreement • December 22nd, 2021 • Glass House Brands Inc. • Blank checks • New York
THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of December 10, 2021, by and among the lenders identified on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”, as that term is hereinafter further defined), [REDACTED NAME OF US-BASED PRIVATE CREDIT INVESTMENT FUND PER CONFIDENTIALTY PROVISIONS], a Delaware limited partnership, as administrative agent and collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Agent”) as sole lead arranger (in such capacity, together with its successors and assigns in such capacity, the “Sole Lead Arranger”) and sole book runner (in such capacity, together with its successors and assigns in such capacity, the “Sole Book Runner”), GLASS HOUSE BRANDS INC. a British Columbia corporation (“Parent”), MPB ACQUISITION CORP., a Nevada corporation (“Intermediate Holdco”), GH GROUP, IN
GLASS HOUSE BRANDS INC. (FORMERLY KNOWN AS MERCER PARK BRAND ACQUISITION CORP.), as the Corporation and ODYSSEY TRUST COMPANY, as the Warrant Agent SUPPLEMENT TO THE WARRANT AGENCY AGREEMENT As of June 29, 2021Warrant Agency Agreement • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products • Ontario
a trust company incorporated under the Loan and Trust Corporations Act (Alberta) with an office in the City of Calgary in the Province of Alberta (hereinafter called the “Warrant Agent”)
INVESTOR RIGHTS AGREEMENTInvestor Rights Agreement • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products • Ontario
THIS INVESTOR RIGHTS AGREEMENT (this “Agreement”), dated as of April 8, 2021, is made by and among Mercer Park Brand Acquisition Corp. (the “Corporation”), Mercer Park Brand, L.P. (formerly know as Mercer Park CB II, L.P.) (“Mercer” or the “Sponsor”), the signatories listed as “Sponsor Parties” on the signature pages hereto (together with the Sponsor, in its capacity as such, the “Sponsor Parties”), the signatories listed as “Sellers” on the signature pages hereto and any holder of shares of Class B common stock of GH Group, Inc. that hereafter joins this Agreement pursuant to such holder’s execution of a joinder (the “Sellers”), and any other entity that hereafter joins this Agreement pursuant to the execution of a joinder (together with the Corporation, Sponsor, Sponsor Parties, and Sellers, each a “Party” and collectively the “Parties”).
AMENDMENT NO. 1 TO INVESTOR RIGHTS AGREEMENTInvestor Rights Agreement • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products
THIS AMENDMENT NO. 1 TO INVESTOR RIGHTS AGREEMENT (this “Amendment”) is made as of June 18, 2021, by and among Mercer Park Brand Acquisition Corp. (the “Corporation”), Mercer Park Brand, L.P. (formerly known as Mercer Park CB II, L.P.) (“Mercer” or the “Sponsor”), the signatories listed as “Sponsor Parties on the signature pages hereto (together with the Sponsor, in its capacity as such, the “Sponsor Parties”), the signatories listed as “Sellers” on the signature pages hereto and any holder of shares of Class B common stock of GH Group, Inc. that hereafter joins the Investor Rights Agreement (as defined below) pursuant to the execution of a joinder. Each of the foregoing is referred to herein as a “Party” and, collectively, as the “Parties.”
EXCHANGE RIGHTS AGREEMENTExchange Rights Agreement • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products
WHEREAS, pursuant to the terms of the Merger Agreement, dated April 8, 2021 as amended by Amendment No. 1 thereto, dated as of June 18, 2021, and as further amended by Amendment No. 2 thereto, dated as of June 28, 2021 (collectively, “Merger Agreement”), among, inter alia, Parent, Exchangeco, Exchangeco’s wholly-owned merger subsidiary, GH Group, Inc. (“GH”), certain of GH’s shareholders sufficient to authorize the underlying merger under the Delaware General Corporation Law, and Kyle Kazan, as the GH shareholder representative, Exhangeco has become the owner of all of the issued and outstanding shares of GH Group, Inc., a Delaware corporation, in exchange for merger consideration made up of, in part, Class B voting exchangeable common shares of Exchangeco (the “Class B Shares”) issued to the persons (the “Class B Shareholders”) listed on Schedule A (the “Merger”);
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products • Ontario
THIS REGISTRATION RIGHTS AGREEMENT is made as of the 29th day of June, 2021 by and by and among Glass House Brands Inc., a British Columbia corporation f/k/a Mercer Park Brand Acquisition Corp. (the “Company”) and the parties listed on Schedule B hereto. Any capitalized term used but not defined herein will have the meaning ascribed to such term in the Merger Agreement (as defined below).
AGREEMENT AND PLAN OF MERGER Dated as of April 8, 2021 Among THE SELLERS LISTED ON THE SIGNATURE PAGE HERETO And KYLE D. KAZAN the “Sellers’ Representative” And GH GROUP, INC. the “Company” And MPB ACQUISITION CORP. the “Buyer” And MPB MERGERSUB CORP....Agreement and Plan of Merger • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products • Delaware
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of April 8, 2021, is entered into by and among the Persons (as defined in Article 1) listed as “Sellers” on the signature page hereto and each other Person that hereafter joins this Agreement pursuant to such Person’s execution of a Letter of Transmittal (being referred to individually as a “Seller” and collectively as “Sellers”), Kyle D. Kazan, as the representative of the Sellers (“Sellers’ Representative”), GH Group, Inc., a Delaware corporation (the “Company”), solely for the purposes of Section 9.5, Graham Farrar, solely for the purposes of Section 9.5, Kyle Kazan, MPB Acquisition Corp., a Nevada corporation (“Buyer”), MBP Mergersub Corp., a Delaware corporation (“Merger Sub”), and Mercer Park Brand Acquisition Corp., a British Columbia corporation (the “SPAC”). Sellers, Sellers’ Representative, the Company, Buyer, Merger Sub and the SPAC being sometimes referred to individually as a “Party” and collectively, as the “P
LOCK-UP AGREEMENTLock-Up Agreement • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products • British Columbia
This Lock-Up Agreement (this “Agreement”) is made and entered into as of June 29, 2021 by and among Glass House Brands Inc., a British Columbia corporation f/k/a Mercer Park Brand Acquisition Corp. (the “Company”) and the parties listed on Schedule A hereto (each such party, together with any person or entity who hereafter becomes a party to this Agreement pursuant to Section 2.2 or Section 3.2 of this Agreement, a “Holder” and collectively the “Holders”). Any capitalized term used but not defined herein will have the meaning ascribed to such term in the Merger Agreement (as defined below).
AMENDMENT NO. 2 TO AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • December 30th, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products
THIS AMENDMENT NO. 2 TO AGREEMENT AND PLAN OF MERGER (this “Amendment”) is made as of June 28, 2021, by and among the Persons listed as “Sellers” on the signature page hereto (the “Sellers”), Kyle D. Kazan, as the representative of the Sellers, GH Group, Inc., a Delaware corporation (the “Company”), Graham Farrar, an individual, Kyle D. Kazan, an individual, MPB Acquisition Corp., a Nevada corporation (“Buyer”), MBP Mergersub Corp, a Delaware corporation (“Merger Sub”), and Mercer Park Brand Acquisition Corp., a British Columbia corporation. Each of the foregoing is referred to herein as a “Party” and, collectively, as the “Parties.”
AMENDMENT NUMBER THREE TO CREDIT AGREEMENTCredit Agreement • April 4th, 2023 • Glass House Brands Inc. • Medicinal chemicals & botanical products • New York
THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of December 10, 2021, by and among the lenders identified on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”, as that term is hereinafter further defined), [******], a Delaware limited partnership, as administrative agent and collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Agent”) as sole lead arranger (in such capacity, together with its successors and assigns in such capacity, the “Sole Lead Arranger”) and sole book runner (in such capacity, together with its successors and assigns in such capacity, the “Sole Book Runner”), GLASS HOUSE BRANDS INC. a British Columbia corporation (“Parent”), MPB ACQUISITION CORP., a Nevada corporation (“Intermediate Holdco”), GHB USUB, LLC, a Delaware limited liability company (“New Holdco”), GH GROUP, INC. a Delawar
mercer park brand acquisition corp. glass house group inc. February 13, 2021: option Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks • California
Re: Option Agreement (California Option Assets), dated December 28, 2018, by and among CEFF Camarillo Property, LLC (“CEFF Camarillo Propco”), CEFF Camarillo Holdings, LLC (“CEFF Parent” together with CEFF Camarillo Propco, the “CEFF Parties”), and Glass Investments Projects, Inc., a Delaware corporation (“Option Holder” or “GIPI”), as amended by (i) the First Amendment to Option Agreement (California Option Assets), dated March 23, 2020, by and among the CEFF Parties and Option Holder (“First Amendment”) and (ii) the Second Amendment to Option Agreement (California Option Assets), dated effective February [ ], 2021, by and among the CEFF Parties and Option Holder (“Second Amendment”) (as so amended by the First Amendment and Second Amendment, collectively, the “California Option Agreement”).
SECOND AMENDMENT TO OPTION AGREEMENT (California Option Assets)Option Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks • New York
THIS SECOND AMENDMENT TO OPTION AGREEMENT (this “Amendment”) dated effective as of February 20, 2021 (the “Amendment Date"), is made by and among CEFF Camarillo Property, LLC, a Delaware limited liability company (“CEFF Camarillo Propco”), CEFF Camarillo Holdings, LLC, a Delaware limited liability company (“CEFF Parent,” and, together with CEFF Camarillo Propco, the “CEFF Parties”), and Glass Investments Projects, Inc., a Delaware corporation (the “Option Holder”), to amend the Option Agreement, dated as of December 28, 2018, as amended by that certain First Amendment to Option Agreement, dated as of March 23, 2020 (collectively, the “Agreement”). Capitalized terms used but not defined herein shall have the meanings give to such terms in the Agreement.
AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • October 13th, 2021 • Glass House Brands Inc. • Blank checks • Delaware
THIS AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER (this “Amendment”) is made as of June 18, 2021, by and among the Persons listed as “Sellers” on the signature page hereto (the “Sellers”), Kyle D. Kazan, as the representative of the Sellers, GH Group, Inc., a Delaware corporation (the “Company”), Graham Farrar, an individual, Kyle D. Kazan, an individual, MPB Acquisition Corp., a Nevada corporation (“Buyer”), MBP Mergersub Corp, a Delaware corporation (“Merger Sub”), and Mercer Park Brand Acquisition Corp., a British Columbia corporation. Each of the foregoing is referred to herein as a “Party” and, collectively, as the “Parties.”
AGRICULTURAL LEASE AGREEMENTAgricultural Lease Agreement • April 4th, 2023 • Glass House Brands Inc. • Medicinal chemicals & botanical products • California
THIS AGRICULTURAL LEASE AGREEMENT (this “Lease”) is made effective as of the 14 day of September, 2021 (the “Effective Date”), by and between GH CAMARILLO LLC, a Delaware limited liability company (“Lessor”), and HOUWELING'S CAMARILLO, INC., a Delaware corporation (“Lessee”). Lessor and Lessee are each referred to sometimes in this Lease as a “Party,” and they are referred to sometimes collectively as the “Parties.”
AGREEMENT TO ASSIGN AN OPTION TO ACQUIRE REAL ESTATEAssignment of Option Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks • California
THIS AGREEMENT TO ASSIGN AN OPTION TO ACQUIRE REAL ESTATE (this “Agreement”) is made and entered into effective as of June 6, 2021 (“Effective Date”) by and between GLASS INVESTMENTS PROJECTS, INC., a Delaware corporation (“GIPI”), and GH CAMARILLO LLC, a Delaware limited liability company (“Purchaser”), as the designee of GH GROUP, INC., a Delaware corporation (“Glass House”) and MERCER PARK BRAND ACQUISITION CORP, a British Columbia corporation (“Mercer Park”, and together with Glass House, “GH/MPBAC”).
STANDARD INDUSTRIAL/COMMERCIAL SINGLE-TENANT LEASE - NET (DO NOT USE THIS FORM FOR MULTI-TENANT BUILDINGS)Work Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks • California
FIRST AMENDMENT TO CAMARILLO ACQUISITION AGREEMENTCamarillo Acquisition Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks
This FIRST AMENDMENT TO CAMARILLO ACQUISITION AGREEMENT (this “Amendment”) is made effective as of March 21, 2021 (the “Amendment Date”) by and between GH GROUP, INC., a Delaware corporation (“Glass House”) and MERCER PARK BRAND ACQUISITION CORP, a British Columbia corporation (“Mercer Park”, and together with Glass House, “GH/MPBAC”), on the one hand, and Glass Investments Projects, Inc., a Delaware corporation (the “GIPI”), on the other, to amend that certain letter agreement bearing a date for reference purposes of February 13, 2021 (the “Camarillo Acquisition Agreement”). Capitalized terms used but not defined herein shall have the meanings give to such terms in the Camarillo Acquisition Agreement.
AMENDMENT NUMBER ONE TO CREDIT AGREEMENT AND WAIVERCredit Agreement and Waiver • April 1st, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products
THIS AMENDMENT NUMBER ONE TO CREDIT AGREEMENT AND WAIVER (this “Amendment”), dated as of January 21, 2022, is entered into by and among the lenders identified on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”, as that term is hereinafter further defined), [REDACTED NAME OF US-BASED PRIVATE CREDIT INVESTMENT FUND PER CONFIDENTIALITY PROVISIONS], a Delaware limited partnership, as administrative agent and collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Agent”) as sole lead arranger (in such capacity, together with its successors and assigns in such capacity, the “Sole Lead Arranger”) and sole book runner (in such capacity, together with its successors and assigns in such capacity, the “Sole Book Runner”), GLASS HOUSE BRANDS INC. a British Columbia corporation (“Parent”), MPB ACQUISITION CORP., a Nevada corporat
AMENDMENT NO. 1 TO EXCHANGE RIGHTS AGREEMENTExchange Rights Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks
THIS AMENDMENT NO. 1 TO EXCHANGE RIGHTS AGREEMENT (this “Amendment”) is made as of July 15, 2021, by and among Glass House Brands Inc., a British Columbia corporation (formerly Mercer Park Brand Acquisition Corp.) ( “Parent”), MPB Acquisition Corp., a Nevada corporation (“Exchangeco”), Odyssey Trust Company, an Alberta trust company, and Kyle D. Kazan, as the representative of the Class B shareholders (the “Sellers’ Representative”). Each of the foregoing is referred to herein as a “Party” and, collectively, as the “Parties.”
Element 7, APB and GH Group enter into a Settlement and General Mutual Release AgreementGlass House Brands Inc. • November 3rd, 2023 • Medicinal chemicals & botanical products
LONG BEACH, Calif. and TORONTO, Nov. 2, 2023 - Glass House Brands Inc. ("Glass House" or the "Company") (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., today announced that on September 19, 2023, Element 7, APB and GH Group entered into a Settlement and
AMENDED AND RESTATED ACQUISITION AGREEMENTAcquisition Agreement • April 1st, 2022 • Glass House Brands Inc. • Medicinal chemicals & botanical products • British Columbia
This is the further amended plan of compromise, arrangement and reorganization of the Company, made pursuant to the Companies’ Creditors Arrangement Act.
RETAIL LEASERetail Lease • October 13th, 2021 • Glass House Brands Inc. • Blank checks • California
This Lease (“Lease”), dated as of June 9, 2017 (“Effective Date”), is made by and between 3243 Sacramento LLC, a California limited liability company (“Landlord”), and iCANN, LLC, a California limited liability company (“Tenant”). Landlord and Tenant are also sometimes referred to herein collectively as the “Parties,” or individually as a “Party.”
RECIPROCAL NONDISCLOSURE AND RESTRICTED USE AGREEMENT Effective date: February 18, 2021Reciprocal Nondisclosure and Restricted Use Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks
Equilibrium Capital Group, LLC (“Equilibrium”), whose address is 411 NW Park Ave., Suite 401, Portland, OR 97209, on the one hand, and Mercer Park Brand Acquisition Corp., a British Columbia corporation (“Mercer Park”), whose address is 590 Madison Avenue, 26th Floor, New York, New York 10022, and GH Group, Inc., a Delaware corporation, whose address is 3645 Long Beach Blvd., Long Beach, CA 90807 (“Glass House,” and, together with Mercer Park, the “Glass House/Mercer Park Entities”), on the other hand, each on behalf of itself and its affiliates, wish to preserve the confidentiality and trade secret status of certain proprietary information as set forth in this Reciprocal Nondisclosure and Restricted Use Agreement (this “Agreement”). Each of Equilibrium, on the one hand, and the Glass House/Mercer Park Entities, on the other hand, is sometimes referred to herein as a “Party,” and collectively, as the “Parties.” They therefore agree:
AMENDMENT TO ACQUISITION AGREEMENTAcquisition Agreement • January 20th, 2022 • Glass House Brands Inc. • Blank checks • British Columbia
This Amendment to the Acquisition Agreement (this “Amendment”), dated as of January 17, 2022 (the “Effective Date”), is made by and among Plus Products Inc., a British Columbia corporation(the “Company”), Plus Products Holdings Inc., a corporation existing under the laws of the State of Nevada (“PPH”) and Glass House Brands Inc., a British Columbia corporation (the “Purchaser”). The Company, PPH and the Purchaser are parties to that certain Acquisition Agreement dated as of December 17, 2021 (the “Acquisition Agreement”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Acquisition Agreement.
FOURTH AMENDMENT TO OPTION AGREEMENT (California Option Assets)Option Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks
This FOURTH AMENDMENT TO OPTION AGREEMENT (this “Amendment”) is made effective as of March 24, 2021 (the “Amendment Date”) by and among CEFF Camarillo Property, LLC, a Delaware limited liability company (“CEFF Camarillo Propco”), CEFF Camarillo Holdings, LLC, a Delaware limited liability company (“CEFF Parent,” and, together with CEFF Camarillo Propco, the “CEFF Parties”), and Glass Investments Projects, Inc., a Delaware corporation (the “Option Holder”).
FIRST AMENDMENT TO AGREEMENT TO SELL AND ACQUIRE REAL ESTATE AND JOINT ESCROW INSTRUCTIONSAgreement to Sell and Acquire Real Estate and Joint Escrow Instructions • October 13th, 2021 • Glass House Brands Inc. • Blank checks • California
THIS FIRST AMENDMENT TO AGREEMENT TO SELL AND ACQUIRE REAL ESTATE AND JOINT ESCROW INSTRUCTIONS (this “Amendment”) dated effective as of July 22, 2021 (the “Amendment Date”), is made by and among CEFF Camarillo Property, LLC, a Delaware limited liability company (“CEFF Camarillo Propco”), CEFF Camarillo Holdings, LLC, a Delaware limited liability company (“CEFF Parent,” and, together with CEFF Camarillo Propco, “Seller”), and GH CAMARILLO LLC, a Delaware limited liability company (“Purchaser”). Capitalized terms used but not defined herein shall have the meanings give to such terms in the Agreement (as defined below).
THIRD AMENDMENT TO OPTION AGREEMENT (California Option Assets)Option Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks
This THIRD AMENDMENT TO OPTION AGREEMENT (this “Amendment”) is made effective as of March 21, 2021 (the “Amendment Date”) by and among CEFF Camarillo Property, LLC, a Delaware limited liability company (“CEFF Camarillo Propco”), CEFF Camarillo Holdings, LLC, a Delaware limited liability company (“CEFF Parent,” and, together with CEFF Camarillo Propco, the “CEFF Parties”), and Glass Investments Projects, Inc., a Delaware corporation (the “Option Holder”).
AMENDMENT NUMBER FOUR TO CREDIT AGREEMENTCredit Agreement • April 4th, 2023 • Glass House Brands Inc. • Medicinal chemicals & botanical products
THIS AMENDMENT NUMBER FOUR TO CREDIT AGREEMENT (this “Amendment”), dated as of March 29, 2023, is entered into by and among the lenders identified on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”), [******], a Delaware limited partnership, as administrative agent and collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Agent”) as sole lead arranger (in such capacity, together with its successors and assigns in such capacity, the “Sole Lead Arranger”) and sole book runner (in such capacity, together with its successors and assigns in such capacity, the “Sole Book Runner”), GLASS HOUSE BRANDS INC. a British Columbia corporation (“Parent”), MPB ACQUISITION CORP., a Nevada corporation (“Intermediate Holdco”), GHB USUB, LLC, a Delaware limited liability company (“New Holdco”), GH GROUP, INC. a Delaware corporation (“B
AGREEMENT TO SELL AND ACQUIRE REAL ESTATE AND JOINT ESCROW INSTRUCTIONSLicense Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks • California
THIS AGREEMENT TO SELL AND ACQUIRE REAL ESTATE AND JOINT ESCROW INSTRUCTIONS (this “Agreement”) is made and entered into effective as of March 29, 2021 (“Effective Date”) by and between CEFF Camarillo Property, LLC, a Delaware limited liability company (“CEFF Camarillo Propco”), and CEFF Camarillo Holdings, LLC, a Delaware limited liability company (“CEFF Parent”, and together with CEFF Camarillo Propco, the “Seller”), and GH CAMARILLO LLC, a Delaware limited liability company (“Purchaser”), as the person designated by GLASS INVESTMENTS PROJECTS, INC., a Delaware corporation (“GIPI”), as the “Camarillo Buyer” contemplated by the California Option Agreement (as defined below).
AGREEMENT TO SELL AND ACQUIRE REAL ESTATE AND JOINT ESCROW INSTRUCTIONSAgreement to Sell and Acquire Real Estate • October 13th, 2021 • Glass House Brands Inc. • Blank checks • California
THIS AGREEMENT TO SELL AND ACQUIRE REAL ESTATE AND JOINT ESCROW INSTRUCTIONS (this “Agreement”) is made and entered into effective as of March 29, 2021 (“Effective Date”) by and between CEFF Camarillo Property, LLC, a Delaware limited liability company (“CEFF Camarillo Propco”), and CEFF Camarillo Holdings, LLC, a Delaware limited liability company (“CEFF Parent”, and together with CEFF Camarillo Propco, the “Seller”), and GH CAMARILLO LLC, a Delaware limited liability company (“Purchaser”), as the person designated by GLASS INVESTMENTS PROJECTS, INC., a Delaware corporation (“GIPI”), as the “Camarillo Buyer” contemplated by the California Option Agreement (as defined below).
FIFTH AMENDMENT TO OPTION AGREEMENT (California Option Assets)Option Agreement • October 13th, 2021 • Glass House Brands Inc. • Blank checks
This FIFTH AMENDMENT TO OPTION AGREEMENT (this “Amendment”) is made effective as of March 26, 2021 (the “Amendment Date”) by and among CEFF Camarillo Property, LLC, a Delaware limited liability company (“CEFF Camarillo Propco”), CEFF Camarillo Holdings, LLC, a Delaware limited liability company (“CEFF Parent,” and, together with CEFF Camarillo Propco, the “CEFF Parties”), and Glass Investments Projects, Inc., a Delaware corporation (the “Option Holder”).
