Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 52

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 52
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 franchises, programs, registrations, certifications, concessions, orders and approvals of governmental entities; |

| • | compliance with environmental laws and permits and other environmental matters; |

| • | compensation and benefits plans, agreements and arrangements with or concerning employees of; |

| • | compliance with laws related to labor and employment; |

| • | the payment of taxes, the filing of tax returns and other tax matters; |

| • | the completeness and correctness of books and records; |

| • | certain affiliate transactions; |

| • | brokers’ and finders’ fees and other expenses payable by Deep Roots; |

| • | certain U.S. securities laws matters; and |

| • | each stockholder of Deep Roots being a “sophisticated purchaser” under the U.S. securities laws. |

Some of Deep Roots’ representations and warranties in the Deep Roots Merger Agreement are qualified by a materiality or Material Adverse Effect standard. A “Material Adverse Effect” means any effect, event, development, occurrence, fact, condition or change that has a material adverse effect, individually or in the aggregate, (i) on the business, results of operations, condition (financial or otherwise), liabilities or assets of Deep Roots and its subsidiaries, taken as a whole, or (ii) on the ability of Deep Roots to perform its obligations under the Deep Roots Merger Agreement or to consummate the Deep Roots Merger, or on the consummation of (whether by prevention or material delay) the Deep Roots Merger and the other transactions contemplated by the Deep Roots Merger Agreement; provided, however, that “Material Adverse Effect” shall not include any effect, event, development, occurrence, fact, condition or change, directly arising out of or attributable to: (a) changes in general business, economic or political conditions; (b) changes in conditions generally affecting the industries in which Deep Roots and its subsidiaries operate; (c) any changes in financial or securities markets in general; (d) any national or international political, regulatory or social conditions, including acts of war (whether or not declared), armed hostilities or terrorism, or the escalation or worsening thereof, pandemics, epidemics or states of emergency, whether declared or undeclared; (e) any “act of God,” including, but not limited to, weather, natural disasters and earthquakes; (f) any changes in applicable laws or accounting rules, including GAAP; (g) any action required or permitted by the Deep Roots Merger Agreement;