ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. Section 5.1 Non-Solicitation 41 Section 5.2 Notification of Acquisition Proposals 42 Section 5.3 Responding to an Acquisition Proposal 43 Section 5.4 Right to Match 44 ARTICLE 6
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. [40] Section 5.1 Non-Solicitation [40] Section 5.2 Notification of Acquisition Proposals [41] Section 5.3 Responding to an Acquisition Proposal [41] Section 5.4 Right to Match [42] ARTICLE 6 CONDITIONS [44] Section 6.1 Mutual Conditions Precedent [44] Section 6.2 Additional Conditions Precedent to the Obligations of Purchaser [45] Section 6.3 Additional Conditions Precedent to the Obligations of Corporation [46] Section 6.4 Satisfaction of Conditions [47]
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. Section 5.1
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. Section 5.1 Non-Solicitation 48 Section 5.2 Responding to an Acquisition Proposal 50 Section 5.3 Adverse Recommendation Change; Alternative Transaction Agreement 50 Section 5.4 Notification of Acquisition Proposals; Certain Disclosure; Subsidiaries and Representatives 52 ARTICLE 6
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. Section 5.1 Company Non-Solicitation Section 5.2 Notification of Acquisition Proposals Section 5.3 Responding to an Acquisition Proposal for the Company 36 Section 5.4 Purchaser Right to Match 37 Section 5.5 Breach by Representatives
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. 43 Section 5.1 Non-Solicitation 43 Section 5.2 Notification of Acquisition Proposals 45 Section 5.3 Responding to an Acquisition Proposal 45 Section 5.4 Right to Match 46 ARTICLE 6 CONDITIONS 48 Section 6.1 Mutual Conditions Precedent 48 Section 6.2 Additional Conditions Precedent to the Obligations of Tilray 49 Section 6.3 Additional Conditions Precedent to the Obligations of Aphria 50 Section 6.4 Satisfaction of Conditions 51 Section 6.5 Notice and Cure Provisions 51 Section 6.6 Governance 52 ARTICLE 7 TERM, TERMINATION, AMENDMENT AND WAIVER 52 Section 7.1 Term 52 Section 7.2 Termination 52 Section 7.3 Termination Amounts 55 Section 7.4 Fees and Expenses 57 Section 7.5 Amendment 58 ARTICLE 8 GENERAL PROVISIONS 58 Section 8.1 Privacy 58 Section 8.2 Notices 59 Section 8.3 Third Party Beneficiaries 60 Section 8.4 Further Assurances 61 Section 8.5 Governing Law 61 Section 8.6 Injunctive Relief 61 Section 8.7 Time of Essence 61 Section 8.8 Entire Agreement, Binding Effect and Assignment 61 Section 8.9 Severability 61 Section 8.10 No Liability 62 Section 8.11 Rules of Construction 62 Section 8.12 Counterparts, Execution 62 SCHEDULES Schedule “A” - PLAN OF ARRANGEMENT Schedule “B” - ARRANGEMENT RESOLUTION Schedule “C” - REPRESENTATIONS AND WARRANTIES OF APHRIA Schedule “D” - REPRESENTATIONS AND WARRANTIES OF TILRAY Schedule “E” - GOVERNANCE MATTERS Schedule “F” - REGULATORY CONSENTS AND APPROVALS ARRANGEMENT AGREEMENT THIS AGREEMENT is made as of December 15, 2020, BETWEEN: APHRIA INC., a corporation existing under the laws of the Province of Ontario, (“Aphria”) - and - TILRAY, INC., a corporation existing under the laws of the State of Delaware, (“Tilray”)
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. 36 Section 5.1 Non-Solicitation 36 Section 5.2 Notification of Acquisition Proposals 37 Section 5.3 Responding to an Acquisition Proposal 38 Section 5.4 Right to Match 38 Section 5.5 Breach by Subsidiaries and Representatives 40 ARTICLE 6 CONDITIONS 40 Section 6.1 Mutual Conditions Precedent. 40 Section 6.2 Additional Conditions Precedent to the Obligations of the Purchaser 41 Section 6.3 Additional Conditions Precedent to the Obligations of the Corporation. 41 Section 6.4 Satisfaction of Conditions 42 ARTICLE 7 TERM AND TERMINATION 42 Section 7.1 Term 42 Section 7.2 Termination. 42 Section 7.3 Termination Fees 44 Section 7.4 Effect of Termination/Survival 46
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. Section 5.1 Non-Solicitation 32 Section 5.2 Notification of Acquisition Proposals 33
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. Section 5.1 Go-Shop; Non-Solicitation
ADDITIONAL COVENANTS REGARDING NON-SOLICITATION. Section 5.1 Non-Solicitation 42 Section 5.2 Notification of Acquisition Proposals 44 Section 5.3 Responding to an Acquisition Proposal 45 Section 5.4 Right to Match 46 ARTICLE 6 CONDITIONS Section 6.1 Mutual Conditions Precedent 48 Section 6.2 Additional Conditions Precedent to the Obligations of the Purchaser 49 Section 6.3 Additional Conditions Precedent to the Obligations of the Company 51 Section 6.4 Satisfaction of Conditions 51 ARTICLE 7 TERM AND TERMINATION Section 7.1 Term 51 Section 7.2 Termination 51 Section 7.3 Effect of Termination/Survival 53
