Common Contracts

UNDERWRITING AGREEMENT

Underwriting Agreement • October 4th, 2018 • British Columbia

• Contract Type
  Underwriting Agreement
• Filed
  October 4th, 2018
• Jurisdiction
  British Columbia

The undersigned, Canaccord Genuity Corp. (the “Lead Underwriter”), PI Financial Corp. and Laurentian Bank Securities Inc. (collectively with the Lead Underwriter, the “Underwriters”) understand that The Green Organic Dutchman Holdings Ltd. (the “Corporation”) proposes to issue and sell to the Underwriters, or to substituted purchasers (the “Substituted Purchasers”) who agree to make such purchases in place of the Underwriters, where such Substituted Purchasers are resident in the Qualifying Jurisdictions, 10,950,000 units of the Corporation (the “Base Units ”), subject to the terms and conditions set out below at a purchase price of $6.85 per Base Unit (the “Offering Price”). Each Unit (as defined herein) shall be comprised of one Common Share (as defined herein) (each a “Unit Share”) and one transferable Common Share purchase warrant (a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one Common Share (a “Warrant Share”) at an exercise price of $9.00 per Warrant Sh