EX-10.12






 Exhibit 10.12 

Execution Version 
 THIRD
AMENDMENT AND INCREMENTAL FACILITY AMENDMENT TO CREDIT AGREEMENT 
 This THIRD AMENDMENT AND INCREMENTAL FACILITY AMENDMENT TO CREDIT
AGREEMENT, dated as of June 11, 2021 (this “Third Amendment”), by and among CANO HEALTH, LLC, a Florida limited liability company (the “Borrower”), PRIMARY CARE (ITC) INTERMEDIATE HOLDINGS, LLC, a
Delaware limited liability company (“Holdings”), CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH (“Credit Suisse”), as administrative agent and collateral agent (in such capacity, together with its permitted
successors and assigns in such capacity, the “Administrative Agent”) under the Loan Documents, and the Initial Third Amendment Incremental Term Lenders. 

W I T N E S S E T H: 

WHEREAS, the Borrower, Holdings, each Lender and Issuing Bank party thereto from time to time, the Administrative Agent, and Credit Suisse, as
an Issuing Bank, have entered into that certain Credit Agreement, dated as of November 23, 2020 (as may be amended, restated, amended and restated, modified and/or supplemented from time to time through, but not including, the date hereof, the
“Credit Agreement”; capitalized terms not otherwise defined in this Third Amendment have the same meanings assigned thereto in the Credit Agreement); 

WHEREAS, the Borrower has entered into that certain Purchase Agreement, dated as of the date hereof (together with the exhibits, annexes,
disclosure schedules and ancillary agreements relating thereto, in each case, as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “University Acquisition Agreement”), by and
among the Borrower, Cano Pharmacy, LLC, a Florida limited liability company (“Cano Pharmacy”), Cano Health of West Florida, LLC, a Florida limited liability company, Cano Health, Inc., a Delaware corporation, University
Health Care Pharmacy, Inc., a Florida corporation (“University Pharmacy”), each “Seller”, each “Beneficial Owner” and the “Sellers’ Representative” (as each term is defined therein),
pursuant to which the Borrower will, on the Third Amendment Effective Date (as defined below), directly or indirectly, acquire (x) the “Purchased Assets” and “Assumed Liabilities” (as each term is defined therein) and
(y) all of the issued and outstanding equity interests of University Pharmacy (which will be converted to a Florida limited liability company pursuant to the “Conversion” (as defined therein)) (the “University
Acquisition”); 
 WHEREAS, immediately prior to the incurrence of the Third Amendment Incremental Term Loans (as defined below)
on the Third Amendment Closing Date, (i) the Borrower shall have borrowed Delayed Draw Term Loans in an aggregate principal amount of $36,400,000 (the “Third Amendment Delayed Draw Term Loans”) and used the proceeds
thereof to finance a portion of the University Acquisition and pay fees, costs and expenses related thereto (or to repay or refinance Cash on hand of Holdings and its Subsidiaries that was used for such purposes) and (ii) the Delayed Draw Term
Commitments have been reduced to $0; 
 WHEREAS, in connection with the University Acquisition, pursuant to
Section 2.21 of the Credit Agreement, (i) the Borrower desires to obtain Incremental Term Loans in an aggregate principal amount of $295,000,000 (the “Third Amendment Incremental Term Facility”
and the loans thereunder, the “Third Amendment Incremental Term Loans”) from the Persons set forth on Schedule I hereto (the “Initial Third Amendment Incremental Term Lenders”; the commitment of
each Initial Third Amendment Incremental Term Lender to make a Third Amendment Incremental Term Loan being referred to as its 













 
“Third Amendment Incremental Term Commitment”) on the Third Amendment Closing Date, which Third Amendment Incremental Term Loans, except as set forth in
Section 2.01(d) of the Credit Agreement (after giving effect to the amendment set forth in Section 3(p) hereof), will be established as a separate Class from the existing Class of Initial
Term Loans outstanding immediately prior to the effectiveness of this Agreement (the “Existing Initial Term Loans”), and (ii) each Initial Third Amendment Incremental Term Lender is willing to make a Third Amendment
Incremental Term Loan in the principal amount set forth opposite its name on Schedule I hereto on the terms and subject to the conditions set forth herein; 

WHEREAS, as contemplated by Section 2.21 of the Credit Agreement, (x) the parties hereto have agreed to amend
certain terms of the Credit Agreement as hereinafter provided to give effect to the Third Amendment Incremental Term Loans, subject to the satisfaction of the conditions precedent to effectiveness set forth in Section 5
hereof and of the conditions precedent to funding in Section 6 hereof and (y) this Third Amendment (together with the Reaffirmation Agreement) shall constitute an Incremental Facility Amendment; 

WHEREAS, the University Acquisition, the establishment of the Third Amendment Incremental Term Commitments, the borrowing of the Third
Amendment Incremental Term Loans and the use of the proceeds thereof, the borrowing of the Third Amendment Delayed Draw Term Loans and the use of the proceeds thereof are collectively referred to herein as the “Third Amendment Incremental
Transactions”; 
 WHEREAS, each Loan Party that is a party to the Credit Agreement as of the date hereof (collectively, the
“Reaffirming Parties” and each a “Reaffirming Party”) expects to realize substantial direct and indirect benefits as a result of this Third Amendment becoming effective and the consummation of the
Third Amendment Incremental Transactions and agrees to reaffirm its obligations pursuant to the Credit Agreement (in the case of Holdings and the Borrower), the Guarantee Agreement, the Collateral Documents and the other Loan Documents to which it
is a party; and 
 WHEREAS, Credit Suisse Loan Funding LLC has been appointed to act, and has agreed to act, as sole lead arranger and sole
bookrunner for the Third Amendment Incremental Term Commitments (in such capacities, the “Third Amendment Lead Arranger”). 

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto hereby agree as follows: 
 SECTION 1.    Defined Terms. Capitalized
terms used but not defined herein (including in the preamble and the recitals hereto) shall have the meanings assigned to them in the Credit Agreement, as amended hereby (regardless of whether such amendments have taken effect). As used in this
Third Amendment, the following terms have the meanings specified below: 
 “Specified Representations” means the
representations and warranties set forth in Sections 3.01(a)(i) (solely as it relates to the Borrower and the Guarantors), 3.02, 3.03(b)(i), 3.08, 3.12 (with references therein to the “Closing Date” and
the “Transactions” being deemed to be references to the “Third Amendment Closing Date” and the “Third Amendment Incremental Transactions”, respectively), 3.14, 3.16 (solely with respect to the final
sentence thereof), 3.17(a)(ii), 3.17(b)(i) (solely with respect to the use of proceeds of the Third Amendment Incremental Term Loans not violating the laws described therein) and 3.17(c) of the Credit Agreement. 

  
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 SECTION 2.    Third Amendment Incremental Term Loans. 

(a)    Subject to the terms and conditions set forth herein, each Initial Third Amendment Incremental Term Lender
severally, and not jointly, agrees to make a Third Amendment Incremental Term Loan to the Borrower on the Third Amendment Closing Date in Dollars in a principal amount not to exceed the amount set forth opposite such Initial Third Amendment
Incremental Term Lender’s name on Schedule I hereto. Amounts paid or prepaid in respect of the Third Amendment Incremental Term Loans may not be reborrowed. 

(b)    Immediately upon the incurrence of the Third Amendment Incremental Term Loans on the Third Amendment Closing Date,
(i) the Third Amendment Incremental Term Loans shall be added as a new Class of Term Loans under the Credit Agreement, (ii) the Third Amendment Incremental Term Loans shall constitute a separate Class of Term Loans apart from the
Initial Term Loans and (iii) the Third Amendment Incremental Term Loans shall be secured by identical collateral and guaranteed on identical terms as the existing Initial Term Loans. 

(c)    Except as otherwise set forth herein, the terms of the Third Amendment Incremental Term Loans shall be identical to
the terms of the Existing Initial Term Loans, as such terms of the Existing Initial Term Loans are amended pursuant to Section 3 of this Third Amendment. Without limiting the foregoing, upon the making of the Third
Amendment Incremental Term Loans on the Third Amendment Closing Date, the Third Amendment Incremental Term Loans shall be deemed to be “Term Loans” and “Loans”, and each Lender holding a Third Amendment Incremental Term Loan
shall be deemed to be a “Term Lender” and “Lender”, in each case, for all purposes of the Credit Agreement and the other Loan Documents (including, without limitation, for purposes of the definitions of the terms “Adjusted
LIBO Rate”, “Applicable Rate” and “Maturity Date” and Sections 2.09 and 2.10 of the Credit Agreement). 

(d)    The funding of the Third Amendment Incremental Term Loans on the Third Amendment Closing Date shall be made in the
manner contemplated by Section 2.06 of the Credit Agreement. Unless previously terminated, the Third Amendment Incremental Term Commitments shall automatically terminate on the making of the Third Amendment Incremental Term
Loans on the Third Amendment Closing Date. 
 (e)    Notwithstanding anything to the contrary in
Section 5.11 of the Credit Agreement, the proceeds of the Third Amendment Incremental Term Loans will be used by the Borrower, together with proceeds from the Borrowing of the Third Amendment Delayed Draw Term Loans and
Cash on hand of Holdings and its Subsidiaries (i) to finance the University Acquisition (including to refinance any existing Indebtedness pursuant to Section 5(h) hereof as well as purchase price adjustments pursuant to the University
Acquisition Agreement), (ii) to pay fees, expenses and other transaction costs incurred in connection with this Third Amendment and the Third Amendment Incremental Transactions and (iii) to repay or refinance Cash on hand of Holdings and
its Subsidiaries that was used for the purposes described in preceding clauses (i) or (ii). 
 (f)    Upon the
making of the Third Amendment Incremental Term Loans hereunder, each Initial Third Amendment Incremental Term Lender shall be entitled to all the rights of, and benefits accruing to, Term Lenders or Lenders, as applicable, under the Credit Agreement
and the other Loan Documents, in each case, as amended hereby, and shall be bound by all agreements, acknowledgements and other obligations of the Term Lenders or Lenders, as applicable, under the Credit Agreement and the other Loan Documents, in
each case, as amended hereby. 

  
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 SECTION 3.    Amendments to the Credit Agreement in Respect of Third
Amendment Incremental Term Loans. On the Third Amendment Closing Date, the Credit Agreement is hereby amended as follows: 

(a)    Section 1.01 of the Credit Agreement is hereby amended as follows: 

 

	 	(i)	 The following definitions are hereby added in the appropriate alphabetical order: 



“Initial Term Loan/Third Amendment Incremental Term Loan Consolidation” has the meaning provided in
Section 2.01(d). 
 “Initial Term Loan/Third Amendment Incremental Term Loan Consolidation
Date” has the meaning provided in Section 2.01(d). 
 “Third Amendment”
means that certain Third Amendment and Incremental Facility Amendment to Credit Agreement, dated as of June 11, 2021, among the Borrower, Holdings, the Initial Third Amendment Incremental Lenders and the Administrative Agent. 

“Third Amendment Closing Date” has the meaning assigned to such term in Section 6 of
the Third Amendment. 
 “Third Amendment Effective Date” means June 11, 2021. 

“Third Amendment Fee Letter” means that certain Engagement Letter, dated June 11, 2021, by and between
Credit Suisse, the Third Amendment Lead Arranger and the Borrower. 
 “Third Amendment Incremental Consolidation
Notice” has the meaning provided in Section 2.01(d). 
 “Third Amendment
Incremental Pricing Notice” has the meaning provided in the definition of “Applicable Rate” contained herein. 

“Third Amendment Incremental Term Commitments” has the meaning assigned to such term in the Third Amendment.

 “Third Amendment Incremental Term Lender” means, at any time, any Lender that has a Third Amendment
Incremental Term Commitment or a Third Amendment Incremental Term Loan at such time. 
 “Third Amendment Incremental
Term Loans” has the meaning set forth in Section 2.01(d), but excludes (for the avoidance of doubt) any such Third Amendment Incremental Term Loans that are converted into Initial Term Loans pursuant to
Section 2.01(d). 
 “Third Amendment Lead Arranger” has the meaning assigned to
such term in the Third Amendment. 

  
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 (b)    The definition of “Additional Term Lender” in
Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“Additional Term Lender” means any Lender with an Additional Term Commitment or an outstanding Additional Term
Loan (including, for the avoidance of doubt, any Third Amendment Incremental Term Lender). 
 (c)    The definition of
“Additional Term Loans” in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“Additional Term Loans” means any term loan made pursuant to an Additional Term Commitment (including, for the
avoidance of doubt, any Third Amendment Incremental Term Commitments) or established pursuant to Section 2.22. 

(d)    The definition of “Adjusted LIBO Rate” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows: 
 “Adjusted LIBO Rate” means,
with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate; provided, that, solely with respect to
the Initial Term Loans, Delayed Draw Term Loans and the Third Amendment Incremental Term Loans, in no event shall the Adjusted LIBO Rate be less than 0.75% per annum. 

(e)    The definition of “Alternate Base Rate” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows: 
 “Alternate Base Rate” means,
for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1.00%, (c) the Adjusted LIBO Rate for a one month Interest
Period on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1.00% and (d) solely with respect to the Initial Term Loans, Delayed Draw Term Loans and the Third Amendment Incremental Term Loans,
1.75% per annum. For purposes of clause (c) above, the Adjusted LIBO Rate for any day shall be based on the LIBO Screen Rate at approximately 11:00 a.m., London time, on such day for deposits in Dollars with a maturity of one month. Any change
in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Prime Rate, the Federal Funds Effective Rate or
the Adjusted LIBO Rate, respectively. If the Alternate Base Rate is being used as an alternate rate of interest pursuant to Section 2.13(b), then the Alternate Base Rate shall be the greater of clauses (a) and
(b) above and shall be determined without reference to clause (c) above. Notwithstanding the foregoing, if the Alternate Base Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 

(f)    The definition of “Applicable Rate” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows: 
 “Applicable Rate” means, for
any day: 
 (a)    from the Closing Date to and including the SPAC Closing Date, (i) 3.75% per annum in
the case of ABR Loans and (ii) 4.75% per annum in the case of Eurodollar Loans; and 
 (b)    after the
SPAC Closing Date, (i) 3.50% per annum in the case of ABR Loans and (ii) 4.50% per annum in the case of Eurodollar Loans; provided that if the Borrower achieves a public corporate rating from S&P of at least B (stable outlook) and a public
corporate credit rating from Moody’s of at least B2 (stable outlook), then, for so long as both such ratings remain in effect, the Applicable Rate under this clause (b) shall instead be (x) 3.25% per annum in the case of ABR Loans and (y)
4.25% per annum in the case of Eurodollar Loan. 

  
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 Any change to the Applicable Rate pursuant to the proviso set forth in clause (b) above
shall be effective (i) as of the date on which both S&P and Moody’s have made such announcements, to the extent such date occurs after the SPAC Closing Date and (y) on the SPAC Closing Date, to the extent such announcements are
made prior to or on the SPAC Closing Date. If the rating system of S&P or Moody’s shall change, or if either such rating agency shall cease to be in the business of rating corporate debt obligations, the Borrower and the Administrative
Agent shall negotiate in good faith to amend this definition to reflect such changed rating system or the unavailability of ratings from such rating agency and, pending the effectiveness of any such amendment, the Applicable Rate shall be determined
by reference to the rating most recently in effect prior to such change or cessation. Notwithstanding anything to the contrary contained herein, without limiting the applicable provisions of Section 2.21(a)(v), to the
extent applicable, with effect from the date that is one (1) Business Day after the date on which the Third Amendment Lead Arranger delivers written notice to the Administrative Agent on or prior to August 15, 2021 of an increase in the
Applicable Rate for the Third Amendment Incremental Term Loans pursuant to the terms of the Third Amendment Fee Letter (a “Third Amendment Incremental Pricing Notice” (which Third Amendment Incremental Pricing Notice may, for the
avoidance of doubt, set forth either a change in Applicable Rate or state that the effective yield of the Third Amendment Incremental Term Loans has changed)), the Applicable Rates for Third Amendment Incremental Term Loans shall be deemed to be
(without any further action by any party) the percentage per annum for ABR Loans and Eurodollar Loans, respectively, set forth in such Third Amendment Incremental Pricing Notice. 

 

	 	(g)	 The definition of “Arranger” in Section 1.01 of the Credit Agreement
is hereby amended and restated in its entirety to read as follows: 


 “Arranger” means
Credit Suisse Loan Funding LLC, as sole lead arranger and sole bookrunner (including, for the avoidance of doubt, in its capacity as Third Amendment Lead Arranger). 

(h)    The definition of “Class” in Section 1.01 of the Credit Agreement is
hereby amended and restated in its entirety to read as follows: 
 “Class”, when used with respect to
(a) any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Initial Term Loans, Delayed Draw Term Loans, Additional Term Loans of any series established as a separate “Class” pursuant to
Section 2.21 (including, for the avoidance of doubt, any Third Amendment Incremental Term Loans), 2.22 or 9.02(c)(i), Initial Revolving Loans or Additional Revolving Loans of any series established as a
separate “Class” pursuant to Section 2.21, 2.22 or 9.02(c)(ii), (b) any Commitment, refers to whether such Commitment is an Initial Term Commitment, a Delayed Draw Term Commitment, an Additional Term
Commitment of any series established as a separate “Class” pursuant to Section 2.21 (including, for the avoidance of doubt, any Third Amendment Incremental Term Commitments), 2.22 or 9.02(c)(i), an
Initial Revolving Credit Commitment or an Additional Revolving Credit Commitment of any series established as a separate “Class” pursuant to Section 2.21, 2.22 or 9.02(c)(ii), (c) any Lender, refers
to whether such Lender has a Loan or Commitment of a particular Class and (d) any Revolving Credit Exposure, refers to whether such Revolving Credit Exposure is attributable to a Revolving Credit Commitment of a particular Class. 

  
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 (i)    The definition of “Commitment” in
Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“Commitment” means, with respect to each Lender at any time, such Lender’s Initial Term Commitment,
Delayed Draw Term Commitment, Initial Revolving Credit Commitment or Additional Commitment (including, for the avoidance of doubt, any Third Amendment Incremental Term Commitments), as applicable, in effect at such time. 

(j)    The definition of “Initial Term Loans” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows: 
 “Initial Term Loans” means
the term loans made by the Initial Term Lenders to the Borrower pursuant to Section 2.01(a)(i) (including, for the avoidance of doubt, (x) any Delayed Draw Term Loans that are converted into Initial Term Loans pursuant
to Section 2.01(b) and (y) any Third Amendment Incremental Term Loans that are converted into Initial Term Loans purusant to Section 2.01(d)). 

 

	 	(k)	 The definition of “Loan” in Section 1.01 of the Credit Agreement is
hereby amended and restated in its entirety to read as follows: 


 “Loan” means any
Initial Term Loan, any Delayed Draw Term Loan, any Additional Term Loan (including, for the avoidance of doubt, the Third Amendment Incremental Term Loans), any Initial Revolving Loan or any Additional Revolving Loan. 

(l)    The definition of “Maturity Date” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows: 
 “Maturity Date” means
(a) with respect to the Initial Revolving Facility, the Initial Revolving Credit Maturity Date, (b) with respect to the Initial Term Loans, the Delayed Draw Term Loans and the Third Amendment Incremental Term Loans, the Initial Term Loan
Maturity Date, (c) with respect to any Replacement Term Loans or Replacement Revolving Facility, the final maturity date for such Replacement Term Loans or Replacement Revolving Facility, as the case may be, as set forth in the applicable
Refinancing Amendment, (d) with respect to any Incremental Facility, the final maturity date set forth in the applicable Incremental Facility Amendment, and (e) with respect to any Extended/Modified Revolving Credit Commitment or
Extended/Modified Term Loans, the final maturity date set forth in the applicable Extension/Modification Amendment. 

(m)    The definition of “Repricing Transaction” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows: 
 “Repricing Transaction”
means each of (a) the prepayment, repayment, refinancing, substitution or replacement of all or a portion of the Initial Term Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans substantially concurrently with the
incurrence by any Loan Party of any new or replacement tranche of broadly syndicated term loans secured on a pari passu basis with the Initial Term Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans (including any
Replacement Term Loans) having an Effective Yield that is less than the Effective Yield applicable to the Initial Term Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans so prepaid, repaid, refinanced, substituted or
replaced and (b) any amendment, waiver or other modification to this Agreement that would have the effect of reducing the Effective Yield applicable to the Initial Term 

  
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Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans; provided, that the primary purpose of such prepayment, repayment, refinancing, substitution, replacement,
amendment, waiver or other modification was to reduce (and such prepayment, repayment, refinancing, substitution, replacement, amendment, waiver or other modification did so reduce) the Effective Yield applicable to the Initial Term Loans, Third
Amendment Incremental Term Loans and/or Delayed Draw Term Loans so prepaid, repaid, refinanced, substituted or replaced or amended, waived or modified; provided, further, that in no event shall any such prepayment, repayment,
refinancing, substitution, replacement, amendment, waiver or other modification in connection with the PIPE Equity Contribution, the SPAC Equity Contribution, any Transformative Acquisition or Investment, any sale of all or substantially all of the
assets of the Borrower and its Restricted Subsidiaries, Change of Control or Qualifying IPO constitute a Repricing Transaction.” 

(n)    The definition of “Term Commitment” in Section 1.01 of the Credit
Agreement is hereby amended and restated in its entirety to read as follows: 
 “Term Commitment” means any
Initial Term Commitment, any Delayed Draw Term Commitment and any Additional Term Commitment (including, for the avoidance of doubt, any Third Amendment Incremental Term Commitments). 

(o)    The definition of “Term Loans” in Section 1.01 of the Credit Agreement
is hereby amended and restated in its entirety to read as follows: 
 “Term Loans” means any Initial Term
Loans, any Delayed Draw Term Loans and any Additional Term Loans (including, for the avoidance of doubt, any Third Amendment Incremental Term Loans). 

(p)    Section 2.01 of the Credit Agreement is hereby amended by inserting the following new clause (d) at the
end thereof: 
 “(d) Subject to and upon the terms and conditions set forth herein and in the Third Amendment, each
Lender with a Third Amendment Incremental Term Commitment severally, and not jointly, agrees to make a term loan or term loans (each, a “Third Amendment Incremental Term Loan” and, collectively, the “Third Amendment
Incremental Term Loans”) to the Borrower, which Third Amendment Incremental Term Loans (i) shall be incurred pursuant to a single drawing on the Third Amendment Closing Date, (ii) shall be denominated in Dollars, (iii) except
as hereinafter provided, shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, ABR Loans or Eurodollar Loans; provided that, except as otherwise specifically provided in
Section 2.07, all Third Amendment Incremental Term Loans comprising the same Borrowing shall at all times be of the same Type and (iv) shall be made by each such Lender in that aggregate principal amount which does not
exceed the Third Amendment Incremental Term Commitment of such Lender on the Third Amendment Closing Date. The aggregate principal amount of the Third Amendment Incremental Term Loans made on the Third Amendment Closing Date shall be $295,000,000.
Once repaid or prepaid, Third Amendment Incremental Term Loans incurred hereunder may not be reborrowed. Notwithstanding anything herein to the contrary, on the date, if any, on or prior to August 15, 2021 on which the Third Amendment Lead
Arranger has provided written notice to the Borrower and the Administrative Agent specifying that (i) no amendment to the Applicable Rate for Third Amendment Incremental Term Loans and (ii) no change in the effective yield of the Third
Amendment Incremental Term Loans resulting in the treatment of the Third Amendment Incremental Term Loans and the Initial Term Loans as separate issues of debt instruments for tax purposes, in each case, is to be made pursuant to the terms of the
Third Amendment Fee Letter (a “Third Amendment Incremental Consolidation Notice”) (such date, the “Initial Term Loan/Third Amendment Incremental Term Loan Consolidation Date”), subject to


  
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Borrower’s consent (which consent shall not be unreasonably withheld, conditioned or delayed), all outstanding Initial Term Loans (including, for the avoidance of doubt, any Delayed Draw
Term Loans previously converted into Initial Term Loans) and Third Amendment Incremental Term Loans shall automatically (and without any further action or notice by any other party) be consolidated into, and be treated as, a single “Class”
of Initial Term Loans on the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation Date for all purposes of this Agreement and the other Loan Documents (any such consolidation, the “Initial Term Loan/Third Amendment
Incremental Term Loan Consolidation”). Notwithstanding anything herein to the contrary, neither the Administrative Agent nor the Third Amendment Lead Arranger shall have any responsibility for, nor any liability whatsoever in connection
with, the delivery of any Third Amendment Incremental Consolidation Notice or any calculation of the effective yield for the Third Amendment Incremental Term Loans. Upon the occurrence of the Initial Term Loan/Third Amendment Incremental Term Loan
Consolidation, (i) all then outstanding Third Amendment Incremental Term Loans shall be deemed to constitute Initial Term Loans for all purposes of this Agreement and the other Loan Documents (other than any historical references to Third
Amendment Incremental Term Loans related to periods prior to the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation Date where the context suggests or requires otherwise), (ii) the Borrower shall pay on such Initial Term
Loan/Third Amendment Incremental Term Loan Consolidation Date all accrued and unpaid interest owing in respect of the Initial Term Loans and the Third Amendment Incremental Term Loans through and including such Initial Term Loan/Third Amendment
Incremental Term Loan Consolidation Date, (iii) the Third Amendment Incremental Term Loans shall be added to (and form a part of) each Borrowing of existing Initial Term Loans outstanding under this Agreement immediately prior to the Third
Amendment Closing Date on a pro rata basis (based on the relative sizes of the various outstanding Borrowings), and (iv) such Third Amendment Incremental Term Loans that shall become Initial Term Loans shall have the same Scheduled
Payment Amortization Dates as then remain with respect to the existing Initial Term Loans (if any) (subject to adjustment as specified in the proviso to Section 2.09(a)(i)).” 

(q)    Section 2.08(a) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

 “(a)    Unless previously terminated, (i) the Initial Term Commitments on the Closing Date
shall automatically terminate upon the making of the Initial Term Loans on the Closing Date, (ii) the Delayed Draw Term Commitments shall automatically terminate on the Delayed Draw Termination Date (after giving effect to any incurrence of
Delayed Draw Term Loans on such date), (iii) the Initial Revolving Credit Commitments shall automatically terminate on the Initial Revolving Credit Maturity Date, (iv) the Additional Term Commitments of any Class (including, without limitation,
the Third Amendment Incremental Term Commitments) shall automatically terminate upon the making of the Additional Term Loans of such Class and, if any such Additional Term Commitment is not drawn on the date that such Additional Term Commitment
is required to be drawn pursuant to the applicable Refinancing Amendment or Incremental Facility Amendment, the undrawn amount thereof shall automatically terminate and (v) the Additional Revolving Credit Commitments of any Class shall
automatically terminate on the Maturity Date specified therefor in the applicable Refinancing Amendment or Incremental Facility Amendment.” 

(r)    Section 2.09(a)(i) of the Credit Agreement is hereby amended and restated in its entirety as follows: 

“(i) The Borrower hereby unconditionally promises to repay the outstanding principal amount of the Initial Term Loans to
the Administrative Agent for the account of each Term Lender (A) (x) on the last Business Day of each March, June, September and December (commencing on March 31, 2021) (each such date, a “Scheduled Payment Amortization
Date”), in each case, in an 

  
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amount equal to 0.25% of the original principal amount of the Initial Term Loans made on the Closing Date (in each case, as such payments may be reduced from time to time as a result of the
application of prepayments in accordance with Section 2.10 and repurchases in accordance with Section 9.05(g) or increased as a result of any increase in the principal amount of the Initial Term
Loans pursuant to Section 2.21(a) or in connection with any conversion of Delayed Draw Term Loans to Initial Term Loans made pursuant to Section 2.01(b) in a manner to be determined by the
Administrative Agent and the Borrower), and (B) on the Initial Term Loan Maturity Date, in an amount equal to the remainder of the principal amount of the Initial Term Loans outstanding on such date, together, in each case, with accrued and
unpaid interest on the principal amount to be paid to but excluding the date of such payment; provided that, from and after the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation Date, the amounts payable with respect to
the Initial Term Loans (including, for the avoidance of doubt, any Third Amendment Incremental Term Loans that are converted into Initial Term Loans pursuant to the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation) under this
clause (i) shall be increased by an amount necessary (as determined by the Administrative Agent and the Borrower) to ensure that (x) all Lenders holding such Initial Term Loans as a result of having their Third Amendment Incremental Term
Loans converted into Initial Term Loans pursuant to the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation shall continue to be entitled to the same payments as would have been made pursuant to
Section 2.09(a)(iv) below had the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation not occurred and (y) all Lenders holding such Initial Term Loans that were outstanding immediately prior to the
Initial Term Loan/Third Amendment Incremental Term Loan Consolidation (including, for the avoidance of doubt, any Delayed Draw Term Loans that are converted into Initial Term Loans pursuant to Section 2.01(b)) shall be
entitled to receive payments under this clause (i) in an amount necessary (as determined by the Administrative Agent and the Borrower) to ensure that each such Lender shall be entitled to receive on each Scheduled Payment Amortization Date its
Applicable Percentage of an equivalent percentage of such Initial Term Loans as received by the Lenders referred to in the foregoing clause (x) of this proviso.” 

(s)    Section 2.09(a) of the Credit Agreement is hereby amended by inserting the following new clause (iv) at
the end thereof: 
 “(iv) The Borrower hereby unconditionally promises to repay the outstanding principal amount of the
Third Amendment Incremental Term Loans to the Administrative Agent for the account of each Third Amendment Incremental Term Lender (A) on each Scheduled Payment Amortization Date (commencing on June 30, 2021), in each case, in an amount
equal to 0.25% of the original principal amount of the Third Amendment Incremental Term Loans made on the Third Amendment Closing Date (in each case, as such payments may be reduced from time to time as a result of the application of prepayments in
accordance with Section 2.10, repurchases in accordance with Section 9.05(g) and the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation in accordance with
Section 2.01(d) or increased as a result of any increase in the principal amount of the Third Amendment Incremental Term Loans pursuant to Section 2.21(a)), in each case after the Third Amendment
Closing Date, only if such prepayment, repurchase, Initial Term Loan/Third Amendment Incremental Term Loan Consolidation or increase occurs after the Third Amendment Closing Date), and (B) on the Initial Term Loan Maturity Date, in an amount
equal to the remainder of the principal amount of the Third Amendment Incremental Term Loans outstanding on such date, together, in each case, with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such
payment. For the avoidance of doubt, from and after the Initial Term Loan/Third Amendment Incremental Term Loan Consolidation Date, this clause (iv) shall cease to apply to such Third Amendment Incremental Term Loans, which shall instead be
subject to clause (i) above.” 

  
 10 














 (t)    Section 2.10(a)(i) of the Credit Agreement is hereby
amended and restated in its entirety to read as follows: 
 “(i) Upon prior notice in accordance with clause (a)(iii) of
this Section, the Borrower shall have the right at any time and from time to time to prepay any Borrowing of Term Loans of any Class, in whole or in part, without premium or penalty (but subject (A) in the case of Borrowings of Initial Term
Loans, Third Amendment Incremental Term Loans and Delayed Draw Term Loans only, to Section 2.11(e) and (B) if applicable, to Section 2.15). Each such prepayment shall be paid to the Lenders in
accordance with their respective Applicable Percentages of the relevant Class.” 
 (u)    The last sentence of
Section 2.10(a)(iii) of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“Each prepayment of Term Loans shall be applied (a) during any period in which the Initial Term Loans and Third
Amendment Incremental Term Loans are not a single Class of Term Loans, on a pro rata basis between such Classes and (b) during any period in which the Initial Term Loans and the Third Amendment Incremental Term Loans are a single
Class of Term Loans, to the Class or Classes of Term Loans specified in the applicable prepayment notice, and each prepayment of Term Loans of any Class made pursuant to this Section 2.10(a) shall be applied
against the remaining scheduled installments of principal due in respect of the Term Loans of such Class in the manner specified by the Borrower or, in the absence of any such specification on or prior to the date of the relevant optional
prepayment, in direct order of maturity.” 
 (v)    The last sentence of
Section 2.10(b)(viii) of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 

“(viii) Prepayments made under this Section 2.10(b) shall be (A) accompanied by accrued interest as
required by Section 2.12, (B) subject to Section 2.15 and (C) in the case of prepayments of Initial Term Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans under
clause (iii) above as part of a Repricing Transaction, subject to Section 2.11(e), but shall otherwise be without premium or penalty.” 

(w)    Section 2.11(e) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

 “(e) In the event that, on or prior to the date that is six (6) months after the Allocation Date, the Borrower (i) prepays,
repays, refinances, substitutes or replaces any Initial Term Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans in a Repricing Transaction (including, for the avoidance of doubt, any prepayment made pursuant to
Section 2.10(b)(iii) that constitutes a Repricing Transaction) or (ii) effects any amendment, waiver or other modification of this Agreement that constitutes a Repricing Transaction, the Borrower shall pay to the
Administrative Agent, for the ratable account of each of the applicable Lenders, (A) in the case of clause (i), a premium of 1.00% of the aggregate principal amount of the Initial Term Loans, Third Amendment Incremental Term Loans and/or
Delayed Draw Term Loans so prepaid, repaid, refinanced, substituted or replaced and (B) in the case of clause (ii), a fee equal to 1.00% of the aggregate principal amount of the Initial Term Loans, Third Amendment Incremental Term Loans
and/or Delayed Draw Term Loans that are the subject of such Repricing Transaction and that are required to be assigned by any Lender pursuant to Section 2.18(b) as a result of, or in connection with, such Lender not
agreeing or otherwise consenting to such amendment, waiver or other 

  
 11 














 
modification (it being understood and agreed that, to the extent a Lender replaced pursuant to Section 2.18(b) receives a prepayment fee pursuant to this
Section 2.11(e), any assignee of such replaced Lender’s Initial Term Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans (as applicable) and any subsequent assignee thereof shall not also be entitled to receive any
prepayment fee in accordance with this Section 2.11(e)). All such amounts shall be due and payable on the date of effectiveness of such Repricing Transaction.” 

(x)    Section 2.18(b) of the Credit Agreement is hereby amended by amending and restating clause (1) of the
second proviso appearing therein to read as follows: 
 “(1) subject to, in the case of any Lender that is a Disqualified Person,
Section 9.05(f)(ii), such Lender has received payment of an amount equal to the outstanding principal amount of its Loans and, if applicable, participations in LC Disbursements, accrued interest thereon, accrued fees and
all other amounts (including, to the extent applicable, amounts payable to it under Section 2.11(e) (it being understood and agreed that, to the extent a Lender replaced pursuant to this
Section 2.18(b) receives a prepayment fee pursuant to Section 2.11(e), any assignees of such replaced Lender’s Initial Term Loans, Third Amendment Incremental Term Loans and/or Delayed Draw Term Loans (as
applicable) and any subsequent assignee thereof shall not also be entitled to receive any prepayment fee in accordance with Section 2.11(e)) payable to it under any Loan Document (if applicable, in each case, only to the extent the foregoing
amounts relate to its interest as a Lender of the applicable Class or Classes),” 
 (y)    Section
2.21(a)(v) of the Credit Agreement is hereby amended and restated in its entirety to read as follows: 
 “(v) the
Effective Yield (and the components thereof) applicable to any Incremental Facility shall be determined by the Borrower and the Incremental Lenders providing such Incremental Facility; provided, that in the case of any Incremental Term
Facility that is secured on a pari passu basis with the Term Facility (i) to the extent incurred (x) prior to the SPAC Closing Date or (y) from and after the SPAC Closing Date, if incurred in reliance on clause (2)(e) of
the definition of “Incremental Cap” and (ii) effective prior to the second anniversary of the Allocation Date, the Effective Yield applicable thereto (determined on the date of the effectiveness thereof) may not be more than 0.50%
higher than the Effective Yield applicable to the Initial Term Loans, Third Amendment Incremental Term Loans and Delayed Draw Term Loans (determined as of such date but prior to any adjustment thereto pursuant to this clause (v)), unless the
Effective Yield (and/or, as provided in the proviso below, the Alternate Base Rate floor or Adjusted LIBO Rate floor) with respect to the Initial Term Loans, Third Amendment Incremental Term Loans and Delayed Draw Term Loans is adjusted to be equal
to the Effective Yield with respect to such Incremental Facility minus 0.50%; provided, further, that any increase in Effective Yield applicable to the Initial Term Loans, Third Amendment Incremental Term Loans or Delayed Draw
Term Loans due to the application or imposition of any “LIBOR” interest rate floor on any Incremental Term Facility may, at the election of the Borrower, be effected through an increase in the Adjusted LIBO Rate floor (and the
corresponding adjustment to the Alternate Base Rate floor) applicable to the Initial Term Loans, Third Amendment Incremental Term Loans or Delayed Draw Term Loans.” 

  
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 (z)    Section 5.11(a) of the Credit Agreement is hereby amended
by (x) removing the text “and (d)” appearing therein and inserting the text “, (d)” in lieu thereof and (y) inserting the following new clause (e) at the end thereof: 

“ and (e) the Third Amendment Incremental Term Loans made on the Third Amendment Closing Date solely (i) to finance a portion of
the University Acquisition (as defined in the Third Amendment), including to refinance certain existing Indebtedness pursuant to Section 6(g) of the Third Amendment as well as purchase price adjustments pursuant to the University Acquisition
Agreement (as defined in the Third Amendment), (ii) to pay fees, expenses and other transaction costs incurred in connection with the Third Amendment and the Third Amendment Incremental Transactions (as defined in the Third Amendment) and
(iii) to repay or refinance Cash on hand of Holdings and its Subsidiaries that was used for the purposes described in preceding clauses (i) or (ii).” 

SECTION 4.    Representations and Warranties. To induce the other parties hereto to enter into this Third
Amendment, each of Holdings and the Borrower represents and warrants to the Administrative Agent and the Initial Third Amendment Incremental Term Lenders that: 

(a)    as of the Third Amendment Closing Date, after giving effect to this Third Amendment and the Third Amendment
Incremental Transactions, the Specified Representations are true and correct in all material respects (or, if qualified by materially, in all respects) on and as of the Third Amendment Closing Date; and 

(b)    (i) no Event of Default has occurred and is continuing at the time of, or immediately after giving effect to, the
effectiveness of this Third Amendment on the Third Amendment Effective Date and (ii) no Event of Default under Section 7.01(a), 7.01(f) or 7.01(g) of the Credit Agreement has occurred and is continuing at
the time of, or immediately after giving effect to, the funding of the Third Amendment Incremental Term Loans on the Third Amendment Closing Date. 

SECTION 5.    Conditions to Effectiveness of this Third Amendment. The effectiveness of this Third Amendment (other
than the amendments set forth in Section 3 hereof and the funding of the Third Amendment Incremental Term Loans, which are each subject to Section 6 hereof) is subject to the satisfaction (or
waiver by the Initial Third Amendment Incremental Term Lenders) of the following conditions precedent (the first date of the satisfaction thereof is referred to as the “Third Amendment Effective Date”): 

(a)    The Administrative Agent (or its counsel) shall have received from each of the Borrower and Holdings a
counterpart signed by the Borrower and Holdings (or written evidence reasonably satisfactory to the Administrative Agent (which may include a copy transmitted by facsimile or other electronic method) that such Loan Party has signed a counterpart) of
this Third Amendment. 
 (b)    At the time of and immediately after giving effect to this Third Amendment on the Third
Amendment Effective Date, no Event of Default has occurred and is continuing. 
 (c)    The University Acquisition shall
have been, or substantially concurrently with the effectiveness of the Third Amendment Effective Date shall be, consummated in all material respects in accordance with the terms of the University Acquisition Agreement. 

  
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 SECTION 6.    Conditions to the Third Amendment Closing Date. The
effectiveness of the amendments in Section 3 hereof and the funding of the Third Amendment Incremental Term Loans is subject solely to (x) the occurrence of the Third Amendment Effective Date and (y) the
satisfaction (or waiver by the Initial Third Amendment Incremental Term Lenders) of the following conditions precedent (the first date of the satisfaction thereof is referred to as the “Third Amendment Closing Date”): 

(a)    Representations and Warranties; Absence of Events of Default. The Specified Representations shall be true
and correct in all material respects (or, if qualified by materiality, in all respects) as of the Third Amendment Closing Date. No Event of Default under Section 7.01(a), 7.01(f) or 7.01(g) of the Credit
Agreement shall have occurred and be continuing at the time of, or immediately after giving effect to, the funding of the Third Amendment Incremental Term Loans on the Third Amendment Closing Date. 

(b)    Borrowing Notice. The Administrative Agent (or its counsel) shall have received from the Borrower, a
Borrowing Request in respect of the Third Amendment Incremental Term Loans in accordance with Sections 2.03, 2.21(d) and 2.21(h) of the Credit Agreement not later than 12:00 p.m., New York City time, one (1) Business Day
before the Third Amendment Closing Date (or such later time as the Administrative Agent may agree). 
 (c)    Legal
Opinions. The Administrative Agent shall have received, on behalf of itself and the Initial Third Amendment Incremental Term Lenders on the Third Amendment Closing Date, a customary written opinion of (i) Goodwin Procter LLP, in its
capacity as counsel for the Loan Parties and (ii) Hill Ward Henderson, in its capacity as Florida counsel for the applicable Loan Parties, in each case, dated the Third Amendment Closing Date and addressed to the Administrative Agent and the
Initial Third Amendment Incremental Term Lenders and with respect to this Third Amendment and the other Loan Documents executed on the Third Amendment Closing Date. 

(d)    Secretary’s Certificates and Good Standing Certificates. The Administrative Agent shall have received
(i) a certificate of each Loan Party, each dated the Third Amendment Closing Date and executed by a secretary, assistant secretary or other Responsible Officer thereof, which shall (A) certify that (1) attached thereto is a true and
complete copy of the certificate or articles of incorporation, formation or organization (or equivalent) of such Loan Party certified by the relevant authority of its jurisdiction of organization (to the extent reasonably available in the applicable
jurisdiction), (2) the certificate or articles of incorporation, formation or organization (or equivalent) of such Loan Party attached thereto have not been amended (except as attached thereto) since the date reflected thereon,
(3) attached thereto is a true and correct copy of the by-laws or operating, management, partnership or similar agreement of such Loan Party, together with all amendments thereto as of the Third Amendment
Closing Date, and such by-laws or operating, management, partnership or similar agreement are in full force and effect as of the Third Amendment Closing Date and (4) attached thereto is a true and
complete copy of the resolutions or written consent, as applicable, of its board of directors, board of managers, sole member or other applicable governing body authorizing the execution and delivery of the Loan Documents, which resolutions or
consent have not been modified, rescinded or amended (other than as attached thereto) and are in full force and effect, and (B) identify by name and title and bear the signatures of the officers, managers, directors or authorized signatories of
such Loan Party authorized to sign the Loan Documents to which such Loan Party is a party on the Third Amendment Closing Date and (ii) a good standing (or equivalent) certificate as of a recent date for each Loan Party from the relevant
authority of its jurisdiction of organization (to the extent applicable in such jurisdiction). 

(e)    Officer’s Certificate. The Administrative Agent shall have received a certificate, dated the Third
Amendment Closing Date and executed by a Responsible Officer of the Borrower, certifying as to the satisfaction of the conditions set forth in Sections 5(c), 6(a) and 6(j) (and, in the case of the condition set forth in
Section 6(j), attaching a reasonably detailed calculation demonstrating compliance therewith). 

  
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 (f)    Solvency. The Administrative Agent shall have received a
certificate in substantially the form attached as Exhibit L to the Credit Agreement (with references therein to the “Transactions” being updated to refer to the “Third Amendment Incremental Transactions”) from the chief
financial officer (or other Responsible Officer with reasonably equivalent responsibilities) of the Borrower dated as of the Third Amendment Closing Date and certifying as to the matters set forth therein. 

(g)    Release of Guarantees and Liens on Acquired Business Assets. The Administrative Agent shall have received
customary documentation evidencing, substantially concurrently with the funding of the Third Amendment Incremental Term Loans on the Third Amendment Effective Date, the release of Guarantees provided by, and Liens on the assets and properties of,
the Companies (as defined in the University Acquisition Agreement) in respect of all material third party Indebtedness for borrowed money, including (without limitation), with respect to that certain Promissory Note issued by University Health Care
West Kendall, Inc. in favor of Oscar L. Hernandez and Yadira Hernandez in the aggregate principal amount of $1,750,000 pursuant to the Metro Med Practices Purchase Agreement. 

(h)    Fees. Prior to or substantially concurrently with the funding of the Third Amendment Incremental Term Loans,
the Initial Third Amendment Incremental Term Lenders, the Administrative Agent and the Third Amendment Lead Arranger shall have received all fees and reimbursement of all reasonable
out-of-pocket expenses (including reasonable legal fees and expenses), in each case required to paid or reimbursed by the Borrower and for which invoices in reasonable
detail have been presented at least three (3) Business Days prior to the Third Amendment Closing Date (or such later date to which the Borrower may agree and which amounts may be offset against the proceeds of the Third Amendment Incremental
Term Facility). 
 (i)    USA PATRIOT Act and Beneficial Ownership Certification. The Administrative Agent shall
have received at least three (3) Business Days prior to the Third Amendment Closing Date (or such later date to which the Borrower and the Administrative Agent may agree) all documentation and other information about the Borrower and the
Guarantors as has been reasonably requested in writing at least 10 days prior to the Third Amendment Closing Date (or such later date to which the Borrower and the Administrative Agent may agree) by the Administrative Agent (on behalf of itself and
the Lenders) and that the Administrative Agent reasonably determines is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the USA PATRIOT
Act. No later than three (3) Business Days prior to the Third Amendment Closing Date, if the Borrower qualifies as a “legal entity customer” under the Beneficial Ownership Regulation and the Administrative Agent has so requested the
Borrower in writing at least 10 days prior to the Third Amendment Closing Date, then the Borrower shall have delivered to the Administrative Agent a Beneficial Ownership Certification in relation to the Borrower. 

(j)    Incremental Cap. The aggregate principal amount of the First Amendment Incremental Term Facility shall be
permitted under the “Incremental Cap” definition as defined in the Credit Agreement. 

(k)    Reaffirmation by the Loan Parties. The Administrative Agent shall have received a customary reaffirmation
agreement, dated as of the Third Amendment Closing Date (the “Reaffirmation Agreement”) and executed by each Reaffirming Party, whereby it agrees to reaffirm its obligations pursuant to the Credit Agreement (in the case of Holdings
and the Borrower), the Guarantee Agreement, the Collateral Documents and the other Loan Documents to which it is a party. 

  
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 Notwithstanding the foregoing, if each of the conditions set forth or referred to in this
Section 6 has not been satisfied and the funding of the Third Amendment Incremental Term Loans has not occurred, at or prior to 11:59 p.m., New York City time, on June 21, 2021 (or such later date as may be agreed by
the Initial Third Amendment Incremental Term Lenders in their sole discretion), then this Third Amendment and the Third Amendment Fee Letter shall be automatically terminated and shall cease to have any effect (except that Section 7 of the
Third Amendment Fee Letter shall remain in full force and effect) and the Credit Agreement and all “Loan Documents” as defined therein shall continue in full force and effect in accordance with their terms as if this Third Amendment and
the transaction contemplated herein had not existed (it being understood that any such failure of the Third Amendment Closing Date to occur will not affect any rights or obligations of any Person under the Credit Agreement). 

SECTION 7.    Reference to and Effect on the Credit Agreement and the other Loan Documents. 

(a)    On and after the Third Amendment Closing Date, each reference in the Credit Agreement to “this
Agreement,” “hereunder,” “hereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement, as amended by this Third Amendment. 

(b)    The Credit Agreement and each of the other Loan Documents, as specifically amended by this Third Amendment, are and
shall continue to be in full force and effect and are hereby in all respects ratified and confirmed. Without limiting the generality of the foregoing, the Collateral Documents and all of the Collateral described therein do and shall continue to
secure the payment of all Obligations of the Loan Parties, as amended by this Third Amendment (including any such Obligations in respect of the Third Amendment Incremental Term Loans). 

(c)    On and after the effectiveness of this Third Amendment, this Third Amendment shall constitute a “Loan
Document” for all purposes of the Credit Agreement (as amended by this Third Amendment) and the other Loan Documents. 

(d)    This Third Amendment is limited as specified and shall not constitute an amendment, modification, acceptance or
waiver of any other provision of the Credit Agreement or any other Loan Document. 
 SECTION 8.    Execution in
Counterparts. This Third Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract.
Any signature to this Third Amendment may be delivered by facsimile, electronic mail (including pdf) or any electronic signature complying with the U.S. Federal ESIGN Act of 2000 or the New York Electronic Signature and Records Act or other
transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes to the fullest extent permitted by applicable law. For the avoidance of doubt, the foregoing
also applies to any amendment, extension or renewal of this Third Amendment. Each of the parties represents and warrants to the other parties that it has the corporate capacity and authority to execute this Third Amendment through electronic means
and there are no restrictions for doing so in that party’s constitutive documents. 
 SECTION
9.    Severability. Section 9.08 of the Credit Agreement is incorporated by reference herein as if such Section appeared herein, mutatis mutandis. 

SECTION 10.    Governing Law; Submission to Jurisdiction; Waiver of Jury Trial, Etc. THIS THIRD AMENDMENT AND ANY
CLAIM, CONTROVERSY OR DISPUTE (WHETHER IN TORT, IN CONTRACT, AT LAW OR IN EQUITY OR OTHERWISE) BASED UPON, ARISING OUT 

  
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OF OR RELATED TO THIS THIRD AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. SECTIONS 9.10(b), (c) and (d) AND
9.11 OF THE CREDIT AGREEMENT ARE INCORPORATED BY REFERENCE HEREIN AS IF SUCH SECTIONS APPEARED HEREIN, MUTATIS MUTANDIS. 

SECTION 11.    Headings. Section headings herein are included for convenience of reference only and shall not
affect the interpretation of this Third Amendment. 
 SECTION 12.    Post-Closing Covenant. The Borrower will
take the actions set forth in Schedule II hereto within the applicable periods set forth therein. 
 [The remainder of this page is
intentionally left blank] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Third Amendment to be executed by
their respective officers thereunto duly authorized, as of the date first above written. 
  

			
	CANO HEALTH, LLC, as Borrower
		
	By:	 	 /s/ Brian Koppy

		 	Name: Brian Koppy
		 	Title:   Chief Financial Officer
	
	PRIMARY CARE (ITC) INTERMEDIATE HOLDINGS, LLC, as Holdings
		
	By:	 	 /s/ Brian Koppy

		 	Name: Brian Koppy
		 	Title:   Chief Financial Officer



  
 [Signature Page to
Third Amendment and Incremental Facility Amendment to Credit Agreement] 














 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent and as an Initial Third Amendment Incremental Term Lender
		
	By:	 	 /s/ Vipul Dhadda

		 	Name: Vipul Dhadda
		 	Title:   Authorized Signatory
		
	By:	 	 /s/ Daniel Kogan

		 	Name: Daniel Kogan
		 	Title:   Authorized Signatory



  
 [Signature Page to
Third Amendment and Incremental Facility Amendment to Credit Agreement] 














 Schedule I 

Third Amendment Incremental Term Commitments 
  

					
	 Initial Third Amendment Incremental Term Lender
	  	Third Amendment
Incremental Term
Commitment	 
	 Credit Suisse AG, Cayman Islands Branch
	  	$	295,000,000	 
		  	  
	  
	 
	 Total
	  	$	295,000,000	 
		  	  
	  
	 














 Schedule II 

Third Amendment Post-Closing Obligations 
  

	1.	 The Borrower shall use commercially reasonable efforts for a period of 60 days commencing on the Third
Amendment Effective Date to cause the Liens secured by that certain financing statement filed on February 20, 2013 against University Health Care Pharmacy, Inc. in favor of McKesson Corporation (or any affiliate thereof) to be subordinated to
the Liens on the Collateral securing the Secured Obligations, in form and substance reasonably satisfactory to the Administrative Agent.