Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 99

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 99
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 subject to certain additional conditions with respect to certain filings to be made in compliance with the HSR Act. However, following the execution and delivery of the Wholesome Merger Agreement, the parties determined that such filings are not applicable to the Wholesome Transactions. The Wholesome Merger Agreement also provides for a condition to Wholesome’s obligations to consummate the Wholesome Merger that John Mazarakis shall have been appointed by the Board as the Chief Executive Officer and Co-Executive Chairman of the Company, which action was taken by the Board on December 17, 2024. Indemnification If the Wholesome Closing occurs, the Wholesome stockholders will, severally and not jointly, defend and indemnify the Company and its affiliates and their respective representatives, and will hold each such indemnified party harmless against, any and all losses incurred by such indemnified party resulting from, relating to or constituting (i) any inaccuracy in or breach of any representation or warranty of Wholesome set forth in the Wholesome Merger Agreement or in certificate or instrument delivered by or on behalf of Wholesome, the Stockholder Representative, or any stockholder of Wholesome, (ii) any breach, violation or nonfulfillment of any covenant, agreement, or obligation to be performed by Wholesome or its subsidiaries, the Stockholder Representative, or any stockholder of Wholesome pursuant to the Wholesome Merger Agreement, (iii) any claim by any stockholder of Wholesome relating to such person’s rights with respect to the Wholesome Total Merger Consideration or the calculations and determinations set forth on the consideration spreadsheet prepared by Wholesome, (iv) any claims of a Wholesome stockholder under that certain Voting Agreement, dated as of March 30, 2022, by and among Wholesome and the Wholesome stockholders or any claims of any Wholesome stockholder under the governing documents of Wholesome that the appointment of the Stockholder Representative, or any indemnification or other obligations of

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any Wholesome stockholder under the Wholesome Merger Agreement or any documents, agreements or instruments contemplated by the Wholesome Merger Agreement, is or was not enforceable against such Wholesome stockholder, (v) any amounts paid to the holder of any dissenting shares, including any interest required to be paid thereon, that are in excess of