Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 120

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 120
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 with or concerning employees; |

| • | 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 Proper or its subsidiaries; |

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

| • | Proper being an “accredited investor” under the U.S. securities laws. |

Some of the representations and warranties made by Proper and the Proper Companies in the Proper 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 Proper and its subsidiaries, taken as a whole, or (ii) on the ability of Proper or the Proper Companies to perform their obligations under the Proper Merger Agreement or to consummate the Proper Mergers, or on the consummation of (whether by prevention or material delay) the Proper Mergers and the other transactions contemplated by the Proper 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 Proper 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 Proper Merger Agreement; (h) the public announcement or pendency of the transactions contemplated by Proper Merger Agreement; or (i) any failure (in and of itself) by the Proper Companies and their subsidiaries and Proper and certain of its subsidiaries to meet,