Document:

EX-4.3

 Exhibit 4.3 

HARVEST HEALTH & RECREATION INC. 

2018 STOCK AND INCENTIVE PLAN 

ADOPTED BY THE BOARD OF DIRECTORS: 2018 

APPROVED BY THE COMPANY’S SHAREHOLDERS: 2018 

Section 1. Purpose 

The purpose of the Plan is to promote the interests of the Company and its shareholders by aiding the Company in attracting and retaining
employees, officers, consultants, advisors and Non-Employee Directors capable of assuring the future success of the Company, to offer such persons incentives to put forth maximum efforts for the success of the
Company’s business and to compensate such persons through various stock and cash-based arrangements and provide them with opportunities for stock ownership in the Company, thereby aligning the interests
of such persons with the Company’s shareholders. 
 Section 2. Definitions 

As used in the Plan, the following terms shall have the meanings set forth below: 

(a) “Affiliate” shall mean any entity that, directly or indirectly through one or more intermediaries, is controlled by the
Company. 
 (b) “Award” shall mean any Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit,
Performance Award, Dividend Equivalent or Other Stock-Based Award granted under the Plan. 
 (c) “Award Agreement” shall
mean any written agreement, contract or other instrument or document evidencing an Award granted under the Plan (including a document in an electronic medium) executed in accordance with the requirements of Section 10(b). 

(d) “Board” shall mean the Board of Directors of the Company. 

(e) “Code” shall mean the U.S. Internal Revenue Code of 1986, as amended from time to time, and any regulations promulgated
thereunder. 
 (f) “Committee” shall mean the Compensation Committee of the Board or such other committee designated by the
Board to administer the Plan. At any time that the Company is an SEC registrant and is not a “foreign private issuer” for purposes of the Securities Act and the Exchange Act, the Committee shall be comprised of not less than such number of
Directors as shall be required to permit Awards granted under the Plan to qualify under Rule 16b-3, and each member of the Committee shall be a “non-employee
director” within the meaning of Rule 16b-3. 
 (g) “Company” shall mean
Harvest Health & Recreation Inc., a British Columbia corporation, and any successor corporation. 

 (h) “CSE” means the Canadian Securities Exchange” 

(i) “Director” shall mean a member of the Board. 

(j) “Dividend Equivalent” shall mean any right granted under Section 6(e) of the Plan. 

(k) “Effective Date” shall mean the date the Plan is adopted by the Board, as set forth in Section 11. 

(l) “Eligible Person” shall mean any employee, officer, Non-Employee Director,
consultant, independent contractor or advisor providing services to the Company or any Affiliate, or any such person to whom an offer of employment or engagement with the Company or any Affiliate is extended. 

(m) “Exchange Act” shall mean the U.S. Securities Exchange Act of 1934, as amended. 

(n) “Fair Market Value” with respect to one Share as of any date shall mean (a) if the Shares are listed on the CSE or
any established stock exchange, the price of one Share at the close of the regular trading session of such market or exchange on the last trading day prior to such date, and if no sale of Shares shall have occurred on such date, on the next
preceding date on which there was a sale of Shares. Notwithstanding the foregoing, in the event that the Shares are listed on the CSE, for the purposes of establishing the exercise price of any Options, the Fair Market Value shall not be lower than
the greater of the closing market price of the Shares on the CSE on (i) the trading day prior to the date of grant of the Options, and (ii) the date of grant of the Options; (b) if the Shares are not so listed on the CSE or any
established stock exchange, the average of the closing “bid” and “asked” prices quoted by the OTC Bulletin Board, the National Quotation Bureau, or any comparable reporting service on such date or, if there are no quoted
“bid” and “asked” prices on such date, on the next preceding date for which there are such quotes for a Share; or (c) if the Shares are not publicly traded as of such date, the per share value of one Share, as determined by
the Board, or any duly authorized Committee of the Board, in its sole discretion, by applying principles of valuation with respect thereto. 

(o) “Incentive Stock Option” shall mean an option granted under Section 6(a) of the Plan that is intended to meet the
requirements of Section 422 of the Code or any successor provision. 
 (p) “Listed Security” means any security of the
Company that is listed or approved for listing on a U.S. national securities exchange or designated or approved for designation as a national market system security on an interdealer quotation system by the U.S. Financial Industry Regulatory
Authority (or any successor thereto). 
 (q) “Multiple Voting Shares” shall mean the multiple voting shares of the Company,
each of which carries 100 votes and is convertible, in certain limited circumstances, into 100 Subordinate Voting Shares. 

  
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 (r) “Non-Employee Director” shall
mean a Director who is not also an employee of the Company or any Affiliate. 
 (s)
“Non-Qualified Stock Option” shall mean an option granted under Section 6(a) of the Plan that is not intended to be an Incentive Stock Option. 

(t) “Option” shall mean an Incentive Stock Option or a Non-Qualified Stock Option to
purchase shares of the Company. 
 (u) “Other Stock-Based Award” shall mean
any right granted under Section 6(f) of the Plan. 
 (v) “Participant” shall mean an Eligible Person designated to be
granted an Award under the Plan. 
 (w) “Performance Award” shall mean any right granted under Section 6(d) of the
Plan. 
 (x) “Person” shall mean any individual or entity, including a corporation, partnership, limited liability company,
association, joint venture or trust. 
 (y) “Plan” shall mean the Company’s 2018 Stock and Incentive Plan, as amended
from time to time. 
 (z) “Restricted Stock” shall mean any Share granted under Section 6(c) of the Plan. 

(aa) “Restricted Stock Unit” shall mean any unit granted under Section 6(c) of the Plan evidencing the right to receive a
Share (or a cash payment equal to the Fair Market Value of a Share) at some future date, provided that in the case of Participants who are liable to taxation under the Tax Act in respect of amounts payable under this Plan, that such date shall not
be later than December 31of the third calendar year following the year services were performed in respect of the corresponding Restricted Stock Unit awarded. 

(bb) “Section 409A” shall mean Section 409A of the Code, or any successor provision, and
applicable Treasury Regulations and other applicable guidance thereunder. 
 (cc) “Securities Act” shall mean the U.S.
Securities Act of 1933, as amended. 
 (dd) “Share” or “Shares” shall mean Subordinate Voting Shares of the
Company (or such other securities or property as may become subject to Awards pursuant to an adjustment made under Section 4(c) of the Plan). 

(ee) “Specified Employee” shall mean a specified employee as defined in Section 409A(a)(2)(B) of the Code
or applicable proposed or final regulations under Section 409A, determined in accordance with procedures established by the Company and applied uniformly with respect to all plans maintained by the Company that are subject to Section 409A.

  
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 (ff) “Stock Appreciation Right” shall mean any right granted under
Section 6(b) of the Plan. 
 (gg) “Super Voting Shares” shall mean the super voting shares of the Company, each of
which carries 200 votes and is convertible into 1 Subordinate Voting Share.] 
 (hh) “Tax Act” means the Income Tax Act
(Canada). 
 (ii) “U.S. Award Holder” shall mean any holder of an Award who is a “U.S. person” (as defined in
Rule 902(k) of Regulation S under the Securities Act) or who is holding or exercising Awards in the United States. 
 Section 3.
Administration 
 (a) Power and Authority of the Committee. The Plan shall be administered by the Committee. Subject to the
express provisions of the Plan and to applicable law, the Committee shall have full power and authority to: (i) designate Participants; (ii) determine the type or types of Awards to be granted to each Participant under the Plan;
(iii) determine the number of Shares to be covered by (or the method by which payments or other rights are to be calculated in connection with) each Award; (iv) determine the terms and conditions of any Award or Award Agreement, including
any terms relating to the forfeiture of any Award and the forfeiture, recapture or disgorgement of any cash, Shares or other amounts payable with respect to any Award; (v) amend the terms and conditions of any Award or Award Agreement, subject
to the limitations under Section 7; (vi) accelerate the exercisability of any Award or the lapse of any restrictions relating to any Award, subject to the limitations in Section 7, (vii) determine whether, to what extent and
under what circumstances Awards may be exercised in cash, Shares, other securities, other Awards or other property (excluding promissory notes), or canceled, forfeited or suspended, subject to the limitations in Section 7; (viii) determine
whether, to what extent and under what circumstances amounts payable with respect to an Award under the Plan shall be deferred either automatically or at the election of the holder thereof or the Committee, subject to the requirements of
Section 409A; (ix) interpret and administer the Plan and any instrument or agreement, including an Award Agreement, relating to the Plan; (x) establish, amend, suspend or waive such rules and regulations and appoint such agents as it
shall deem appropriate for the proper administration of the Plan; (xi) make any other determination and take any other action that the Committee deems necessary or desirable for the administration of the Plan; and (xii) adopt such
modifications, rules, procedures and subplans as may be necessary or desirable to comply with provisions of the laws of the jurisdictions in which the Company or an Affiliate may operate, including, without limitation, establishing any special rules
for Affiliates, Eligible Persons or Participants located in any particular country, in order to meet the objectives of the Plan and to ensure the viability of the intended benefits of Awards granted to Participants located in such non-United States jurisdictions. Unless otherwise expressly provided in the Plan, all designations, determinations, interpretations and other decisions under or with respect to the Plan or any Award or Award
Agreement shall be within the sole discretion of the Committee, may be made at any time and shall be final, conclusive and binding upon any Participant, any holder or beneficiary of any Award or Award Agreement, and any employee of the Company or
any Affiliate. 

  
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 (b) Delegation. The Committee may delegate to one or more officers or Directors of
the Company, subject to such terms, conditions and limitations as the Committee may establish in its sole discretion, the authority to grant Awards; provided, however, that the Committee shall not delegate such authority in such a
manner as would cause the Plan not to comply with applicable exchange rules or applicable corporate law. 
 (c) Power and Authority of the
Board. Notwithstanding anything to the contrary contained herein, (i) the Board may, at any time and from time to time, without any further action of the Committee, exercise the powers and duties of the Committee under the Plan, unless the
exercise of such powers and duties by the Board would cause the Plan not to comply with the requirements of all applicable securities rules and (ii) only the Committee (or another committee of the Board comprised of directors who qualify as
independent directors within the meaning of the independence rules of any applicable securities exchange where the Shares are then listed) may grant Awards to Directors who are not also employees of the Company or an Affiliate. 

(d) Indemnification. To the full extent permitted by law, (i) no member of the Board, the Committee or any person to whom the
Committee delegates authority under the Plan shall be liable for any action or determination taken or made in good faith with respect to the Plan or any Award made under the Plan, and (ii) the members of the Board, the Committee and each person
to whom the Committee delegates authority under the Plan shall be entitled to indemnification by the Company with regard to such actions and determinations. The provisions of this paragraph shall be in addition to such other rights of
indemnification as a member of the Board, the Committee or any other person may have by virtue of such person’s position with the Company. 

Section 4. Shares Available for Awards 

(a) Shares Available. Subject to adjustment as provided in Section 4(c) of the Plan, the aggregate number of Shares that may be
issued under all Awards under the Plan shall be 10% of the number of Shares outstanding. References to number of outstanding Shares hereunder, include the number of Shares issuable on conversion of the Super Voting Shares and the Multiple Voting
Shares. The aggregate number of Shares that may be issued under all Awards under the Plan shall be reduced by Shares subject to Awards issued under the Plan in accordance with the Share counting rules described in Section 4(b) below. 

(b) Counting Shares. For purposes of this Section 4, if an Award entitles the holder thereof to receive or purchase Shares, the
number of Shares covered by such Award or to which such Award relates shall be counted on the date of grant of such Award against the aggregate number of Shares available for granting Awards under the Plan. 

 

	 	(i)	 Shares Added Back to Reserve. If any Shares covered by an Award or to which an Award relates are not
purchased or are forfeited or are reacquired by the Company (including any Shares withheld by the Company or Shares tendered to satisfy any tax withholding obligation on Awards or Shares covered by an Award that are settled in cash), or if an

  
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Award otherwise terminates or is cancelled without delivery of any Shares, then the number of Shares counted against the aggregate number of Shares available under the Plan with respect to such
Award, to the extent of any such forfeiture, reacquisition by the Company, termination or cancellation, shall again be available for granting Awards under the Plan. 

 

	 	(ii)	 Cash-Only Awards. Awards that do not entitle the holder
thereof to receive or purchase Shares shall not be counted against the aggregate number of Shares available for Awards under the Plan. 

  

	 	(iii)	 Substitute Awards Relating to Acquired Entities. Shares issued under Awards granted in substitution for
awards previously granted by an entity that is acquired by or merged with the Company or an Affiliate shall not be counted against the aggregate number of Shares available for Awards under the Plan. 

(c) Adjustments. In the event that any dividend (other than a regular cash dividend) or other distribution (whether in the form of cash,
Shares, other securities or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination,
repurchase or exchange of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other securities of the Company or other similar corporate transaction or event affects the Shares such that an
adjustment is necessary in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, then the Committee shall, in such manner as it may deem equitable, adjust any or all of
(i) the number and type of Shares (or other securities or other property) that thereafter may be made the subject of Awards, (ii) the number and type of Shares (or other securities or other property) subject to outstanding Awards,
(iii) the purchase price or exercise price with respect to any Award and (iv) the limitation contained in Section 4(d) below; provided, however, that the number of Shares covered by any Award or to which such Award
relates shall always be a whole number. Such adjustment shall be made by the Committee or the Board, whose determination in that respect shall be final, binding and conclusive. 

(d) Director Award Limitations. The limitation contained in this Section 4(d) shall apply only with respect to any Award or Awards
granted under this Plan, and limitations on awards granted under any other shareholder-approved incentive plan maintained by the Company will be governed solely by the terms of such other plan. 

No Non-Employee Director may be granted any Award or Awards denominated in Shares that exceed in the
aggregate US$1 million (such value computed as of the date of grant in accordance with applicable financial accounting rules) in any calendar year. The foregoing limit shall not apply to any Award made pursuant to any election by the Director
to receive an Award in lieu of all or a portion of annual and committee retainers and meeting fees. 
 (e) Additional Award
Limitations. If, and so long as, the Company is listed on the CSE, the aggregate number of Shares issued or issuable to persons providing investor relations activities (as defined in CSE policies) as compensation within a one-year period, shall not exceed 1% of the total number of Shares then outstanding. 

  
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 Section 5. Eligibility 

Any Eligible Person shall be eligible to be designated as a Participant. In determining which Eligible Persons shall receive an Award and the
terms of any Award, the Committee may take into account the nature of the services rendered by the respective Eligible Persons, their present and potential contributions to the success of the Company and/or such other factors as the Committee, in
its discretion, shall deem relevant. Notwithstanding the foregoing, an Incentive Stock Option may only be granted to full-time or part-time employees (which term, as
used herein, includes, without limitation, officers and Directors who are also employees), and an Incentive Stock Option shall not be granted to an employee of an Affiliate unless such Affiliate is also a “subsidiary corporation” of the
Company within the meaning of Section 424(f) of the Code or any successor provision. 
 Section 6. Awards 

(a) Options. The Committee is hereby authorized to grant Options to Eligible Persons with the following terms and conditions and with
such additional terms and conditions not inconsistent with the provisions of the Plan, as the Committee shall determine: 
  

	 	(i)	 Exercise Price. The purchase price per Share purchasable under an Option shall be determined by the
Committee and shall not be less than 100% of the Fair Market Value of a Share on the date of grant of such Option; provided, however, that the Committee may designate a purchase price below Fair Market Value on the date of grant if the Option
is granted in substitution for a stock option previously granted by an entity that is acquired by or merged with the Company or an Affiliate. 

  

	 	(ii)	 Option Term. The term of each Option shall be fixed by the Committee at the date of grant but shall not
be longer than 10 years from the date of grant. Notwithstanding the foregoing, in the event that the expiry date of an Option held by a non-U.S. Award Holder falls within a trading blackout period imposed by
the Company (a “Blackout Period”), and neither the Company nor the individual in possession of the Options is subject to a cease trade order in respect of the Company’s securities, then the expiry date of such Option shall be
automatically extended to the 10th business day following the end of the Blackout Period. 

  

	 	(iii)	 Time and Method of Exercise. The Committee shall determine the time or times at which an Option may be
exercised in whole or in part and the method or methods by which, and the form or forms, including, but not limited to, cash, Shares (actually or by attestation), other securities, other Awards or other property, or any combination thereof, having a
Fair Market Value on the exercise date equal to the applicable exercise price, in which payment of the exercise price with respect thereto may be made or deemed to have been made. 

  
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	 	(A)	 Promissory Notes. Notwithstanding the foregoing, the Committee may not permit payment of the exercise
price, either in whole or in part, with a promissory note. 

  

	 	(B)	 Net Exercises. The Committee may, in its discretion, permit an Option to be exercised by delivering to
the Participant a number of Shares having an aggregate Fair Market Value (determined as of the date of exercise) equal to the excess, if positive, of the Fair Market Value of the Shares underlying the Option being exercised on the date of exercise,
over the exercise price of the Option for such Shares. 

  

	 	(iv)	 Incentive Stock Options. Notwithstanding anything in the Plan to the contrary, the following additional
provisions shall apply to the grant of stock options which are intended to qualify as Incentive Stock Options: 

  

	 	(A)	 The Committee will not grant Incentive Stock Options in which the aggregate Fair Market Value (determined as of
the time the Option is granted) of the Shares with respect to which Incentive Stock Options are exercisable for the first time by any Participant during any calendar year (under this Plan and all other plans of the Company and its Affiliates) shall
exceed $100,000. 

  

	 	(B)	 Subject to adjustment pursuant to Section 4(c), the maximum number of Shares that may be issued pursuant
to Incentive Stock Options shall not exceed 20,000,000 Shares. 

  

	 	(C)	 All Incentive Stock Options must be granted within ten years from the earlier of the date on which this Plan
was adopted by the Board or the date this Plan was approved by the shareholders of the Company. 

  

	 	(D)	 Unless sooner exercised, all Incentive Stock Options shall expire and no longer be exercisable no later than
10 years after the date of grant; provided, however, that in the case of a grant of an Incentive Stock Option to a Participant who, at the time such Option is granted, owns (within the meaning of Section 422 of the Code)
stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of its Affiliates, such Incentive Stock Option shall expire and no longer be exercisable no later than five years from the date of grant.

  
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	 	(E)	 The purchase price per Share for an Incentive Stock Option shall be not less than 100% of the Fair Market Value
of a Share on the date of grant of the Incentive Stock Option; provided, however, that, in the case of the grant of an Incentive Stock Option to a Participant who, at the time such Option is granted, owns (within the meaning of
Section 422 of the Code) stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or of its Affiliates, the purchase price per Share purchasable under an Incentive Stock Option shall be not less
than 110% of the Fair Market Value of a Share on the date of grant of the Incentive Stock Option. 

  

	 	(F)	 Any Incentive Stock Option authorized under the Plan shall contain such other provisions as the Committee shall
deem advisable, but shall in all events be consistent with and contain all provisions required in order to qualify the Option as an Incentive Stock Option. 

(b) Stock Appreciation Rights. The Committee is hereby authorized to grant Stock Appreciation Rights to Eligible Persons subject to the
terms of the Plan and any applicable Award Agreement. A Stock Appreciation Right granted under the Plan shall confer on the holder thereof a right to receive upon exercise thereof the excess of (i) the Fair Market Value of one Share on the date
of exercise over (ii) the grant price of the Stock Appreciation Right as specified by the Committee, which price shall not be less than 100% of the Fair Market Value of one Share on the date of grant of the Stock Appreciation Right;
provided, however, that, subject to applicable law and stock exchange rules, the Committee may designate a grant price below Fair Market Value on the date of grant if the Stock Appreciation Right is granted in substitution for a stock
appreciation right previously granted by an entity that is acquired by or merged with the Company or an Affiliate. Subject to the terms of the Plan and any applicable Award Agreement, the grant price, term, methods of exercise, dates of exercise,
methods of settlement and any other terms and conditions of any Stock Appreciation Right shall be as determined by the Committee (except that the term of each Stock Appreciation Right shall be subject to the same limitations in Section 6(a)(ii)
applicable to Options). The Committee may impose such conditions or restrictions on the exercise of any Stock Appreciation Right as it may deem appropriate. 

(c) Restricted Stock and Restricted Stock Units. The Committee is hereby authorized to grant an Award of Restricted Stock and Restricted
Stock Units to Eligible Persons with the following terms and conditions and with such additional terms and conditions not inconsistent with the provisions of the Plan as the Committee shall determine: 

 

	 	(i)	 Restrictions. Shares of Restricted Stock and Restricted Stock Units shall be subject to such
restrictions as the Committee may impose (including, without limitation, any limitation on the right to vote a Share of Restricted Stock or the right to receive any dividend or other right or property with respect thereto), which restrictions may
lapse separately or in combination at such time or times, in such installments or otherwise as the Committee may deem appropriate. Notwithstanding the foregoing, rights to dividend or Dividend Equivalent payments shall be subject to the limitations
described in Section 6(e). 

  
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	 	(ii)	 Issuance and Delivery of Shares. Any Restricted Stock granted under the Plan shall be issued at the time
such Awards are granted and may be evidenced in such manner as the Committee may deem appropriate, including book-entry registration or issuance of a stock certificate or certificates, which certificate or
certificates shall be held by the Company or held in nominee name by the stock transfer agent or brokerage service selected by the Company to provide such services for the Plan. Such certificate or certificates shall be registered in the name of the
Participant and shall bear an appropriate legend referring to the restrictions applicable to such Restricted Stock. Shares representing Restricted Stock that are no longer subject to restrictions shall be delivered (including by updating the book-entry registration) to the Participant promptly after the applicable restrictions lapse or are waived. In the case of Restricted Stock Units, no Shares shall be issued at the time such Awards are granted. Upon
the lapse or waiver of restrictions and the restricted period relating to Restricted Stock Units evidencing the right to receive Shares, such Shares shall be issued and delivered to the holder of the Restricted Stock Units. 

 

	 	(iii)	 Forfeiture. Except as otherwise determined by the Committee or as provided in an Award Agreement, upon a
Participant’s termination of employment or service or resignation or removal as a Director (in either case, as determined under criteria established by the Committee) during the applicable restriction period, all Shares of Restricted Stock and
all Restricted Stock Units held by such Participant at such time shall be forfeited and reacquired by the Company for cancellation at no cost to the Company; provided, however, that the Committee may waive in whole or in part any or
all remaining restrictions with respect to Shares of Restricted Stock or Restricted Stock Units. 

 (d) Performance
Awards. The Committee is hereby authorized to grant Performance Awards to Eligible Persons. A Performance Award granted under the Plan (i) may be denominated or payable in cash, Shares (including, without limitation, Restricted Stock and
Restricted Stock Units), other securities, other Awards or other property and (ii) shall confer on the holder thereof the right to receive payments, in whole or in part, upon the achievement of one or more objective performance goals during
such performance periods as the Committee shall establish. Subject to the terms of the Plan, the performance goals to be achieved during any performance period, the length of any performance period, the amount of any Performance Award granted, the
amount of any payment or transfer to be made pursuant to any Performance Award and any other terms and conditions of any Performance Award shall be determined by the Committee. 

(e) Dividend Equivalents. The Committee is hereby authorized to grant Dividend Equivalents to Eligible Persons under which the
Participant shall be entitled to receive payments (in cash, Shares, other securities, other Awards or other property as determined in the discretion of the Committee) equivalent to the amount of cash dividends paid by the Company to holders of
Shares with respect to a number of Shares determined by the Committee. Subject to the terms of the Plan and any applicable Award Agreement, such Dividend Equivalents may have such terms 

  
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and conditions as the Committee shall determine. Notwithstanding the foregoing, (i) the Committee may not grant Dividend Equivalents to Eligible Persons in connection with grants of Options,
Stock Appreciation Rights or other Awards the value of which is based solely on an increase in the value of the Shares after the date of grant of such Award, and (ii) dividend and Dividend Equivalent amounts may be accrued but shall not be paid
unless and until the date on which all conditions or restrictions relating to such Award have been satisfied, waived or lapsed. 
 (f)
Other Stock-Based Awards. The Committee is hereby authorized to grant to Eligible Persons such other Awards that are denominated or payable in, valued in whole or in part by reference to, or
otherwise based on or related to, Shares (including, without limitation, securities convertible into Shares), as are deemed by the Committee to be consistent with the purpose of the Plan. The Committee shall determine the terms and conditions of
such Awards, subject to the terms of the Plan and any applicable Award Agreement. No Award issued under this Section 6(f) shall contain a purchase right or an option-like exercise feature. 

(g) General 
  

	 	(i)	 Consideration for Awards. Awards may be granted for no cash consideration or for any cash or other
consideration as may be determined by the Committee or required by applicable law. 

  

	 	(ii)	 Limits on Transfer of Awards. Except as otherwise provided by the Committee in its discretion and
subject to such additional terms and conditions as it determines, no Award (other than fully vested and unrestricted Shares issued pursuant to any Award) and no right under any such Award shall be transferable by a Participant other than by will or
by the laws of descent and distribution, and no Award (other than fully vested and unrestricted Shares issued pursuant to any Award) or right under any such Award may be pledged, alienated, attached or otherwise encumbered, and any purported pledge,
alienation, attachment or encumbrance thereof shall be void and unenforceable against the Company or any Affiliate. Where the Committee does permit the transfer of an Award other than a fully vested and unrestricted Share, such permitted transfer
shall be for no value and in accordance with all applicable securities rules. The Committee may also establish procedures as it deems appropriate for a Participant to designate a person or persons, as beneficiary or beneficiaries, to exercise the
rights of the Participant and receive any property distributable with respect to any Award in the event of the Participant’s death. 

  

	 	(iii)	 Restrictions; Securities Exchange Listing. All Shares or other securities delivered under the Plan
pursuant to any Award or the exercise thereof shall be subject to such restrictions as the Committee may deem advisable under the Plan, applicable federal or state securities laws and regulatory requirements, and the Committee may cause appropriate
entries to be made with respect to, or legends to be placed on the certificates for, such Shares or other securities to reflect such restrictions. The Company shall 

  
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not be required to deliver any Shares or other securities covered by an Award unless and until the requirements of any federal or state securities or other laws, rules or regulations (including
the rules of any securities exchange) as may be determined by the Company to be applicable are satisfied. 

  

	 	(iv)	 Prohibition on Option and Stock Appreciation Right Repricing. Except as provided in Section 4(c)
hereof, the Committee may not, without prior approval of the Company’s shareholders and applicable stock exchange approval, seek to effect any repricing of any previously granted, “underwater” Option or Stock Appreciation Right by:
(i) amending or modifying the terms of the Option or Stock Appreciation Right to lower the exercise price; (ii) canceling the underwater Option or Stock Appreciation Right and granting either (A) replacement Options or Stock
Appreciation Rights having a lower exercise price; or (B) Restricted Stock, Restricted Stock Units, Performance Award or Other Stock-Based Award in exchange; or (iii) cancelling or repurchasing the
underwater Option or Stock Appreciation Right for cash or other securities. An Option or Stock Appreciation Right will be deemed to be “underwater” at any time when the Fair Market Value of the Shares covered by such Award is less than the
exercise price of the Award. 

  

	 	(v)	 Section 409A Provisions. Notwithstanding anything in the Plan or any Award Agreement
to the contrary, to the extent that any amount or benefit that constitutes “deferred compensation” to a Participant under Section 409A and applicable guidance thereunder is otherwise payable or distributable to a Participant under the
Plan or any Award Agreement solely by reason of the occurrence of a change in control or due to the Participant’s disability or “separation from service” (as such term is defined under Section 409A), such amount or benefit will
not be payable or distributable to the Participant by reason of such circumstance unless the Committee determines in good faith that (i) the circumstances giving rise to such change in control event, disability or separation from service meet
the definition of a change in control event, disability, or separation from service, as the case may be, in Section 409A(a)(2)(A) of the Code and applicable proposed or final regulations, or (ii) the payment or distribution of such amount
or benefit would be exempt from the application of Section 409A by reason of the short-term deferral exemption or otherwise. Any payment or distribution that otherwise would be made to a Participant who
is a Specified Employee (as determined by the Committee in good faith) on account of separation from service may not be made before the date which is six months after the date of the Specified Employee’s separation from service (or if earlier,
upon the Specified Employee’s death) unless the payment or distribution is exempt from the application of Section 409A by reason of the short-term deferral exemption or otherwise.

  
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	 	(vi)	 Acceleration of Vesting or Exercisability. No Award Agreement shall accelerate the exercisability of any
Award or the lapse of restrictions relating to any Award in connection with a change-in-control event, unless such acceleration occurs upon the consummation of (or
effective immediately prior to the consummation of, provided that the consummation subsequently occurs) such change-in-control event. 

Section 7. Amendment and Termination; Corrections 

(a) Amendments to the Plan and Awards. The Board may from time to time amend, suspend or terminate this Plan, and the Committee
may amend the terms of any previously granted Award, provided that no amendment to the terms of any previously granted Award may (except as expressly provided in the Plan) materially and adversely alter or impair the terms or conditions of
the Award previously granted to a Participant under this Plan without the written consent of the Participant or holder thereof. Any amendment to this Plan, or to the terms of any Award previously granted, is subject to compliance with all applicable
laws, rules, regulations and policies of any applicable governmental entity or securities exchange, including receipt of any required approval from the governmental entity or stock exchange, and any such amendment, alteration, suspension,
discontinuation or termination of an Award will be in compliance with CSE Policies. For greater certainty and without limiting the foregoing, the Board may amend, suspend, terminate or discontinue the Plan, and the Committee may amend or alter any
previously granted Award, as applicable, without obtaining the approval of shareholders of the Company in order to: 
  

	 	(i)	 amend the eligibility for, and limitations or conditions imposed upon, participation in the Plan;

  

	 	(ii)	 amend any terms relating to the granting or exercise of Awards, including but not limited to terms relating to
the amount and payment of the exercise price, or the vesting, expiry, assignment or adjustment of Awards, or otherwise waive any conditions of or rights of the Company under any outstanding Award, prospectively or retroactively;

  

	 	(iii)	 make changes that are necessary or desirable to comply with applicable laws, rules, regulations and policies of
any applicable governmental entity or stock exchange (including amendments to Awards necessary or desirable to avoid any adverse tax results under Section 409A), and no action taken to comply shall be deemed to impair or otherwise adversely
alter or impair the rights of any holder of an Award or beneficiary thereof; or 

  

	 	(iv)	 amend any terms relating to the administration of the Plan, including the terms of any administrative
guidelines or other rules related to the Plan. 

  
 -13- 

 Notwithstanding the foregoing and for greater certainty, prior approval of the shareholders
of the Company shall be required for any amendment to the Plan or an Award that would: 
  

	 	(i)	 require shareholder approval under the rules or regulations of securities exchange that is applicable to the
Company; 

  

	 	(ii)	 increase the number of shares authorized under the Plan as specified in Section 4 of the Plan;

  

	 	(iii)	 permit repricing of Options or Stock Appreciation Rights, which is currently prohibited by
Section 6(g)(iv) of the Plan; 

  

	 	(iv)	 permit the award of Options or Stock Appreciation Rights at a price less than 100% of the Fair Market Value of
a Share on the date of grant of such Option or Stock Appreciation Right, contrary to the provisions of Section 6(a)(i) and Section 6(b) of the Plan; 

 

	 	(v)	 permit Options to be transferable other than as provided in Section 6(g)(ii); 

 

	 	(vi)	 amend this Section 7(a); or 

 

	 	(vii)	 increase the maximum term permitted for Options and Stock Appreciation Rights as specified in Section 6(a)
and Section 6(b)) or extend the terms of any Options beyond their original expiry date. 

 (b) Corporate
Transactions. In the event of any reorganization, merger, consolidation, split-up, spin-off, combination, plan of arrangement,
take-over bid or tender offer, repurchase or exchange of Shares or other securities of the Company or any other similar corporate transaction or event involving the Company (or the Company shall enter into a
written agreement to undergo such a transaction or event), the Committee or the Board may, in its sole discretion, provide for any of the following to be effective upon the consummation of the event (or effective immediately prior to the
consummation of the event, provided that the consummation of the event subsequently occurs), and no action taken under this Section 7(b) shall be deemed to impair or otherwise adversely alter the rights of any holder of an Award or
beneficiary thereof: 
  

	 	(i)	 either (A) termination of the Award, whether or not vested, in exchange for an amount of cash and/or other
property, if any, equal to the amount that would have been attained upon the exercise of the vested portion of the Award or realization of the Participant’s vested rights (and, for the avoidance of doubt, if, as of the date of the occurrence of
the transaction or event described in this Section 7(b)(i)(A), the Committee or the Board determines in good faith that no amount would have been attained upon the exercise of the Award or realization of the Participant’s rights, then the
Award may be terminated by the Company without any payment) or (B) the replacement of the Award with other rights or property selected by the Committee or the Board, in its sole discretion; 

  
 -14- 

	 	(ii)	 that the Award be assumed by the successor or survivor corporation, or a parent or subsidiary thereof, or shall
be substituted for by similar options, rights or awards covering the stock of the successor or survivor corporation, or a parent or subsidiary thereof, with appropriate adjustments as to the number and kind of shares and prices;

  

	 	(iii)	 that, subject to Section 6(g)(vi), the Award shall be exercisable or payable or fully vested with respect
to all Shares covered thereby, notwithstanding anything to the contrary in the applicable Award Agreement; or 

  

	 	(iv)	 that the Award cannot vest, be exercised or become payable after a date certain in the future, which may be the
effective date of the event. 

 (c) Correction of Defects, Omissions and Inconsistencies. The Committee may, without
prior approval of the shareholders of the Company, correct any defect, supply any omission or reconcile any inconsistency in the Plan or in any Award or Award Agreement in the manner and to the extent it shall deem desirable to implement or maintain
the effectiveness of the Plan. 
 Section 8. Income Tax Withholding 

In order to comply with all applicable federal, state, local or foreign income tax laws or regulations, the Company may take such action as it
deems appropriate to ensure that all applicable federal, state, local or foreign payroll, withholding, income or other taxes, which are the sole and absolute responsibility of a Participant, are withheld or collected from such Participant. Without
limiting the foregoing, in order to assist a Participant in paying all or a portion of the applicable taxes to be withheld or collected upon exercise or receipt of (or the lapse of restrictions relating to) an Award, the Committee, in its discretion
and subject to such additional terms and conditions as it may adopt, may permit the Participant to satisfy such tax obligation by (a) electing to have the Company withhold a portion of the Shares otherwise to be delivered upon exercise or
receipt of (or the lapse of restrictions relating to) such Award with a Fair Market Value equal to the amount of such taxes (subject to any applicable limitations under ASC Topic 718 to avoid adverse accounting treatment) or (b) delivering to
the Company Shares other than Shares issuable upon exercise or receipt of (or the lapse of restrictions relating to) such Award with a Fair Market Value equal to the amount of such taxes. The election, if any, must be made on or before the date that
the amount of tax to be withheld is determined. 
 Section 9. U.S. Securities Laws 

Neither the Awards nor the securities which may be acquired pursuant to the exercise of the Awards have been registered under the Securities
Act or under any securities law of any state of the United States of America and are considered “restricted securities” (as such term is defined in Rule 144(a)(3) under the U.S. Securities Act and any Shares shall be affixed with an
applicable restrictive legend as set forth in the Award Agreement. The Awards may not be offered or sold, directly or indirectly, in the United States except pursuant to registration under the U.S. Securities Act and the securities laws of all
applicable states or available exemptions therefrom, and the Company has no obligation or present intention of filing a registration statement under the U.S. Securities Act in respect of any of the Awards or the securities underlying the Awards,
which could result in such U.S. Award Holder not being able to dispose 

  
 -15- 

 
of any Shares issued on exercise of Awards for a considerable length of time. Each U.S. Award Holder or anyone who becomes a U.S. Award Holder, who is granted an Award in the United States, who
is a resident of the United States or who is otherwise subject to the Securities Act or the securities laws of any state of the United States will be required to complete an Award Agreement which sets out the applicable United States restrictions.

 Section 10. General Provisions 

(a) No Rights to Awards. No Eligible Person, Participant or other Person shall have any claim to be granted any Award under the Plan,
and there is no obligation for uniformity of treatment of Eligible Persons, Participants or holders or beneficiaries of Awards under the Plan. The terms and conditions of Awards need not be the same with respect to any Participant or with respect to
different Participants. 
 (b) Award Agreements. No Participant shall have rights under an Award granted to such Participant unless
and until an Award Agreement shall have been signed by the Participant (if requested by the Company), or until such Award Agreement is delivered and accepted through an electronic medium in accordance with procedures established by the Company. An
Award Agreement need not be signed by a representative of the Company unless required by the Committee. Each Award Agreement shall be subject to the applicable terms and conditions of the Plan and any other terms and conditions (not inconsistent
with the Plan) determined by the Committee. 
 (c) Provision of Information. At least annually, copies of the Company’s balance
sheet and income statement for the just completed fiscal year shall be made available to each Participant and purchaser of shares upon the exercise of an Award; provided, however, that this requirement shall not apply if all offers and sales of
securities pursuant to the Plan comply with all applicable conditions of Rule 701 under the Securities Act. The Company shall not be required to provide such information to key persons whose duties in connection with the Company assure them access
to equivalent information 
 (d) Plan Provisions Control. In the event that any provision of an Award Agreement conflicts with or is
inconsistent in any respect with the terms of the Plan as set forth herein or subsequently amended, the terms of the Plan shall control. 

(e) No Rights of Shareholders. Except with respect to Shares issued under Awards (and subject to such conditions as the Committee may
impose on such Awards pursuant to Section 6(c)(i) or Section 6(e)), neither a Participant nor the Participant’s legal representative shall be, or have any of the rights and privileges of, a shareholder of the Company with respect to
any Shares issuable upon the exercise or payment of any Award, in whole or in part, unless and until such Shares have been issued. 
 (f)
No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the Company or any Affiliate from adopting or continuing in effect other or additional compensation plans or arrangements, and such plans or arrangements
may be either generally applicable or applicable only in specific cases. 

  
 -16- 

 (g) No Right to Employment. The grant of an Award shall not be construed as giving a
Participant the right to be retained as an employee of the Company or any Affiliate, nor will it affect in any way the right of the Company or an Affiliate to terminate a Participant’s employment at any time, with or without cause, in
accordance with applicable law. In addition, the Company or an Affiliate may at any time dismiss a Participant from employment free from any liability or any claim under the Plan or any Award, unless otherwise expressly provided in the Plan or in
any Award Agreement. Nothing in this Plan shall confer on any person any legal or equitable right against the Company or any Affiliate, directly or indirectly, or give rise to any cause of action at law or in equity against the Company or an
Affiliate. Under no circumstances shall any person ceasing to be an employee of the Company or any Affiliate be entitled to any compensation for any loss of any right or benefit under the Plan which such employee might otherwise have enjoyed but for
termination of employment, whether such compensation is claimed by way of damages for wrongful or unfair dismissal, breach of contract or otherwise. By participating in the Plan, each Participant shall be deemed to have accepted all the conditions
of the Plan and the terms and conditions of any rules and regulations adopted by the Committee and shall be fully bound thereby. 
 (h)
Governing Law. The internal law, and not the law of conflicts, of Delaware shall govern all questions concerning the validity, construction and effect of the Plan or any Award, and any rules and regulations relating to the Plan or any Award.

 (i) Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal or unenforceable in
any jurisdiction or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to applicable laws, or if it cannot be so construed or deemed amended
without, in the determination of the Committee, materially altering the purpose or intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction or Award, and the remainder of the Plan or any such Award shall remain in
full force and effect. 
 (j) No Trust or Fund Created. Neither the Plan nor any Award shall create or be construed to create a trust
or separate fund of any kind or a fiduciary relationship between the Company or any Affiliate and a Participant or any other Person. To the extent that any Person acquires a right to receive payments from the Company or any Affiliate pursuant to an
Award, such right shall be no greater than the right of any unsecured general creditor of the Company or any Affiliate. 
 (k) Other
Benefits. No compensation or benefit awarded to or realized by any Participant under the Plan shall be included for the purpose of computing such Participant’s compensation or benefits under any pension, retirement, savings, profit sharing,
group insurance, disability, severance, termination pay, welfare or other benefit plan of the Company, unless required by law or otherwise provided by such other plan. 

(l) No Fractional Shares. No fractional Shares shall be issued or delivered pursuant to the Plan or any Award, and the Committee shall
determine whether cash shall be paid in lieu of any fractional Share or whether such fractional Share or any rights thereto shall be canceled, terminated or otherwise eliminated. 

  
 -17- 

 (m) Headings. Headings are given to the sections and subsections of the Plan solely
as a convenience to facilitate reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation of the Plan or any provision thereof. 

Section 11. Clawback or Recoupment 

All Awards under this Plan shall be subject to recovery or other penalties pursuant to (i) any Company clawback policy, as may be adopted
or amended from time to time, or (ii) any applicable law, rule or regulation or applicable stock exchange rule. 
 Section 12.
Effective Date of the Plan 
 The Plan was adopted by the Board on November 14, 2018. The Plan shall be subject to approval by the
shareholders of the Company which approval will be within 12 months after the date the Plan is adopted by the Board. 
 Section 13.
Term of the Plan 
 No Award shall be granted under the Plan, and the Plan shall terminate, on the earlier of (i) November 14,
2028 or the tenth anniversary of the date the Plan is approved by the shareholders of the Company, or any earlier date of discontinuation or termination established pursuant to Section 7(a) of the Plan. Unless otherwise expressly provided in
the Plan or in an applicable Award Agreement, any Award theretofore granted may extend beyond such dates, and the authority of the Committee provided for hereunder with respect to the Plan and any Awards, and the authority of the Board to amend the
Plan, shall extend beyond the termination of the Plan. 

  
 -18- 

 ADDENDUM A 

Harvest Health & Recreation Inc. 2018 Stock and Incentive Plan 

(California Participants) 

Prior to the date, if ever, on which the Shares becomes a Listed Security and/or the Company is subject to the reporting requirements of the
Exchange Act, the terms set forth herein shall apply to Awards issued to California Participants. “California Participant” means a Participant whose Award is issued in reliance on Section 25102(o) of the California Corporations Code.
All capitalized terms used herein but not otherwise defined shall have the respective meanings set forth in the Plan. 
 1. The following
rules shall apply to any Option in the event of termination of the Participant’s service to the Company or an Affiliate: 
 (a) If such
termination was for reasons other than death, “Permanent Disability” (as defined below), or cause, the Participant shall have at least 30 days after the date of such termination to exercise his or her Option to the extent the Participant
is entitled to exercise on his or her termination date, provided that in no event shall the Option be exercisable after the expiration of the term as set forth in the Option Agreement. 

(b) If such termination was due to death or Permanent Disability, the Participant shall have at least 6 months after the date of such
termination to exercise his or her Option to the extent the Participant is entitled to exercise on his or her termination date, provided that in no event shall the Option be exercisable after the expiration of the term as set forth in the Option
Agreement. 
 “Permanent Disability” for purposes of this Addendum shall mean the inability of the Participant, in the opinion of a
qualified physician acceptable to the Company, to perform the major duties of the Participant’s position with the Company or any Affiliate because of the sickness or injury of the Participant. 

2. Notwithstanding anything to the contrary in Section 4(c) of the Plan, the Committee shall in any event make such adjustments as may be
required by Section 25102(o) of the California Corporations Code. 
 3. Notwithstanding anything stated herein to the contrary, no
Option shall be exercisable on or after the 10th anniversary of the date of grant and any Award Agreement shall terminate on or before the 10th anniversary of the date of grant. 

4. The Company shall furnish summary financial information (audited or unaudited) of the Company’s financial condition and results of
operations, consistent with the requirements of applicable law, at least annually to each California Participant during the period such Participant has one or more Awards outstanding, and in the case of an individual who acquired Shares pursuant to
the Plan, during the period such Participant owns such Shares; provided, however, the Company shall not be required to provide such information if (i) the issuance is limited to key persons whose duties in connection with the Company assure
their access to equivalent information or (ii) the Plan or any agreement complies with all conditions of Rule 701 of the Securities Act; provided that for purposes of determining such compliance, any registered domestic partner shall be
considered a “family member” as that term is defined in Rule 701. 

  
 -19- 

 5. The Plan or any increase in the maximum aggregate number of Shares issuable thereunder as
provided in Section 4(a) (the “Authorized Shares”) shall be approved by a majority of the outstanding securities of the Company entitled to vote by the later of (a) a period beginning twelve (12) months before and ending
twelve (12) months after the date of adoption thereof by the Board or (b) the first issuance of any security pursuant to the Plan in the State of California (within the meaning of Section 25008 of the California Corporations Code).
Awards granted prior to security holder approval of the Plan or in excess of the Authorized Shares previously approved by the security holders shall become exercisable no earlier than the date of shareholder approval of the Plan or such increase in
the Authorized Shares, as the case may be, and such Awards shall be rescinded if such security holder approval is not received in the manner described in the preceding sentence. Notwithstanding the foregoing, a foreign private issuer, as defined by
Rule 3b-4 of the Exchange Act of 1934 shall not be required to comply with this paragraph provided that the aggregate number of persons in California granted options under all option plans and agreements and
issued securities under all purchase and bonus plans and agreements does not exceed 35. 

  
 -20-EX-4.4

 Exhibit 4.4 
  

 
 HARVEST HEALTH & RECREATION INC. 

NON-EMPLOYEE DIRECTOR COMPENSATION POLICY 

 

	1.	 PURPOSE 

This Non-Employee Director Compensation Policy (this “Policy”) of Harvest Health & Recreation
Inc., a British Columbia corporation (the “Company”), as adopted by the Board of Directors of the Company (the “Board”), is intended to attract highly qualified individuals to serve as
non-employee directors of the Company. This Policy shall remain in effect until amended, replaced or rescinded by further action of the Board. The compensation described in this Policy shall be paid or be
made, as applicable, automatically and without further action of the Board, to member of the Board who is not an officer or employee of the Company or any of its subsidiaries or affiliates (each, a
“Non-Employee Director”). Members of the Board shall not be entitled to receive any compensation for service on the Board other than as described in this Policy. Capitalized words used and not
defined herein shall have the meanings assigned to such terms in the Plan (as defined below). 
  

	2.	 SCOPE OF SERVICES 

The awards discussed below are intended to compensate Non-Employee Directors to serve as a member of the Board and to
perform his or her responsibilities as a director in good faith, in accordance with applicable law, and in accordance with the Articles of the Company and other policy and procedures applicable to such service, including attendance at all meetings
of the Board. 
  

	3.	 COMPENSATION 

Source and Description of Award 
 All grants of
equity awards contemplated by this Policy shall be issued under the Harvest Health & Recreation Inc. 2018 Stock and Incentive Plan (the “Plan”), subject to all of the terms and conditions thereof and only to the extent that
shares remain available for issuance under the Plan. The terms of the Plan are incorporated into this Policy with respect to any equity awards paid hereunder. In the event of any inconsistency between the Plan and this Policy with respect to the
equity awards, the terms of the Plan shall control. This Policy does not constitute a separate source of shares for the granting of any equity awards hereunder. 

This Policy relates to the award of Restricted Stock Units pursuant to Section 6(c) of the Plan (each, an “RSU”) and the form of
Restricted Stock Unit Award Agreement substantially in the form attached hereto as Exhibit A. Each RSU entitles the holder to receive one Subordinate Voting Share of the Company’s authorized capital stock subject to vesting as provided
for in this Policy. 
 Interim Awards 
  

			
	  Award Amount:	  	Upon adoption of this Policy by the Board (the “Interim Award Date”), (1) each Non-Employee Director will be the number of RSUs set forth opposite each such Non-Employee Director’s name on the attached Schedule 1 (the “Interim RSU Award”).
		
	  Vesting:	  	100% of the Interim RSU Award shall vest on December 31, 2020 so long as the Non-Employee Director is, as of such date (i) serving as a member of the Board, (ii) providing
services to the Company pursuant to a written agreement approved by the Board, or (iii) serving as a director, manager or providing services for any subsidiary of the Company pursuant to a written
agreement

			
		  	approved by the Board (collectively, the “Services”), provided however, that if the Non-Employee Director is not providing any of the Services as a result of the Non-Employee Director’s (i) death or permanent and total disability (as defined in Section 22(e)(3) of the Code), or (ii) failure to be nominated or elected to the Board by the Company’s
shareholders at any annual or special meeting of the Company’s shareholders (collectively, a “Non-Voluntary Termination”), the Interim RSU Award will vest with respect to the Interim RSU
Award multiplied by a fraction the numerator of which is the number of completed days elapsed after the Interim Award Date to the date of Non-Voluntary Termination, and the denominator of which is 151 days
(i.e., the number of days between the grant date and the end of 2020).
	  
 New Director Restricted Stock Unit
Award

		
	  Award Amount:	  	 Upon the initial appointment to the Board of a Non-Employee Director by the Board (the
“Initial Award Date”), each such Non-Employee Director who is not the Chair of the Board will be granted an award (the “Non-Chair Initial
Award”) with a target grant value of $100,000, multiplied by a fraction the numerator of which is the number days from the Initial Award Date to December 31 of the year in which the Non-Chair
Initial Award was made, and the denominator of which is 365 (the “Service Period Fraction”). The number of RSUs granted on the Initial Award Date shall be computed by dividing the Non-Chair
Initial Award (adjusted to Canadian dollars by multiplying the daily average exchange rate published by the Bank of Canada on the business day immediately prior to the Initial Award Date) by the closing price of the Company’s Subordinate Voting
Shares on the Canadian Securities Exchange (the “CSE”) on the trading day prior to the Initial Award Date (the “Non-Chair Initial Award RSUs”).

 
 In addition to the Non-Chair Initial Award, a Non-Employee Director who is appointed as the Chair of the Board on an Initial Award Date, will be granted a number of RSUs with a target grant value of $50,000 multiplied by the Service Period Fraction (the
“Chair Initial Award Amount”). The number of RSUs granted on the Initial Award Date shall be computed by dividing the Chair Initial Award Amount (adjusted to Canadian dollars by multiplying the daily average exchange rate published
by the Bank of Canada on the date immediately prior to the Closing Date) by the closing price of the Company’s Subordinate Voting Shares on the CSE on the trading day prior to each Initial Award Date (the “Chair Initial Award
RSUs”).

		
	  Vesting:	  	100% of the Non-Chair Initial Award RSUs or the Chair Initial Award RSUs, as the case may be, shall vest one year from the Initial Award Date so long as the
Non-Employee Director is providing any of the Services to the Company, provided however, that if the Non-Employee Director is not providing any of the Services as a
result of a Non-Voluntary Termination, the Non-Chair Initial Award RSUs or the Chair Initial Award RSUs, as the case may be, will vest with respect to a number of RSUs
equal to number of RSUs awarded multiplied by a fraction the numerator of which is the number of completed days elapsed after the respective Initial Award Date to the date of Non-Voluntary Termination, and the
denominator of which is 365.

			
	Annual Awards
		
	  Award Amount:	  	 On January 1 of each calendar year following the Effective Date (the “Annual Award Date”), each Non-Employee Director who is not the Chair of the Board will be granted a number of RSUs computed by dividing a target grant value of $100,000 (adjusted to Canadian dollars by multiplying the daily average exchange
rate published by the Bank of Canada on the date immediately prior to the Closing Date) by the closing price of the Company’s Subordinate Voting Shares on the CSE on the trading day prior to each Annual Award Date (the “Non-Chair Annual Award”).
  
 In addition to
the Non-Chair Award, on each Annual Award Date, each Non-Employee Director who is serving as the Chair of the Board will be granted an additional number of RSUs computed
by dividing a target grant value of $50,000 (adjusted to Canadian dollars by multiplying the daily average exchange rate published by the Bank of Canada on the date immediately prior to the Closing Date) by the closing price of the Company’s
Subordinate Voting Shares on the CSE on the trading day prior to each Annual Award Date so long as such director remains Chair of the Board (the “Chair Annual Award” together with the
Non-Chair Annual Award, the “Annual RSU Award”).

		
	  Vesting:	  	100% of the Annual Award shall vest one year from the respective Annual Award Date so long as the Non-Employee Director is providing any of the Services to the Company, provided however, that
if the Non-Employee Director is not providing any of the Services as a result of a Non-Voluntary Termination, the Annual RSU Award will vest with respect to a number of
RSUs equal to the Annual RSU Award multiplied by a fraction the numerator of which is the number of completed days elapsed after the last Annual Award Date to the date of Non-Voluntary Termination, and the
denominator of which is 365.

 Forfeiture Upon Departure of a Director 

Any RSUs that do not vest as provided for above shall be forfeited and such RSUs shall be cancelled by the Company and neither the Non-Employee Director nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested RSUs. 

 

	4.	 TRAVEL EXPENSE REIMBURSEMENT 

The Company shall reimburse each Non-Employee Director for his or her reasonable business expenses incurred in
connection with the performance of his or her duties, including reasonable travel and other expenses incurred by the Non-Employee Director to attend Board and committee meetings. Each Non-Employee Director shall provide to the Company such receipts and other records related to such reimbursable expenses as the Company may require. 

	5.	 MISCELANEOUS 

Neither this Policy nor any compensation paid hereunder will confer on any Non-Employee Director the right to continue
to serve as a member of the Board or in any other capacity. Any and all rights of a Non-Employee Director respecting payments under this Policy may not be assigned, transferred, pledged or encumbered in any
manner, other than by will or the laws of descent and distribution, and any attempt to do so shall be void. This Policy shall be binding on the Company and its successors and assign. The obligations of the Company with respect to payments under this
Policy are subject to compliance with all applicable laws and regulations. The Board may at any time amend or modify this Policy in whole or in part. Notwithstanding the foregoing, no amendment or termination of this Policy may impair the right of a
Non-Employee Director to receive any amounts awarded hereunder prior to the effective date of such amendment or termination. The law of [British Columbia] shall govern all questions concerning the
construction, validity and interpretation of this Policy. This Policy is intended to comply with the requirements of Section 409A of the U.S. Internal Revenue Code (the “Code”), to the extent applicable, and shall be
interpreted accordingly. Notwithstanding the foregoing, the Company makes no representations or covenants that any compensation paid or awarded under this Policy will comply with Section 409A of the Code. 

 

	6.	 APPROVAL 

Approved by the Board of Directors on August 3, 2020 (the “Effective Date”). 

 

 
  

 SCEHDULE 1 

INTERIM AWARDS 
  

					
	Director	  	 Number of Days of Board

Service in 2020 for RSU

Compensation
	  	Number of RSUs Awarded
	 Mark Barnard
	  	365	  	129,924.46
	 Eula Adams
	  	365	  	92,441.38
	 Ana Dutra
	  	122	  	30,898.21
	 Scott Atkison
	  	233	  	59,010.52

 

 
  

 EXHIBIT A 

RESTRICTED STOCK UNIT AWARD AGREEMENT 

FOR NON-EMPLOYEE DIRECTORS 

UNDER THE HARVEST HEALTH & RECREATION INC. 

2018 STOCK AND INCENTIVE PLAN 

(attached) 

 RESTRICTED STOCK UNIT AWARD AGREEMENT 

FOR NON-EMPLOYEE DIRECTORS 

UNDER THE HARVEST HEALTH & RECREATION INC. 

2018 STOCK AND INCENTIVE PLAN 
  

	
	Name of Grantee:
	
	No. of Restricted Stock Units:
	
	Grant Date:

 Pursuant to the Harvest Health & Recreation Inc. 2018 Stock and Incentive Plan as amended through the
date hereof (the “Plan”), Harvest Health & Recreation Inc., a British Columbia corporation (the “Company”), hereby grants an award of the number of Restricted Stock Units listed above (an
“Award”) to the Grantee named above. Each Restricted Stock Unit shall entitle the Grantee to one subordinate voting share of the Company as contemplated under the Plan (“Subordinate Voting Share”) subject to the
restrictions and conditions set forth herein and in the Plan. 
 1. Restrictions on Transfer of Award. This Award may
not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of by the Grantee, and any shares issuable with respect to the Award may not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of until
(i) the Restricted Stock Units have vested as provided in Section 2 of this Agreement and (ii) shares have been issued to the Grantee in accordance with the terms of the Plan and this Agreement. 

2. Vesting of Restricted Stock Units. 100% of the Award shall vest on December 31, 20[•] (the “Vesting
Date”), so long as the Grantee is, as of such date, providing Services. The restrictions and conditions of Section 1 of this Agreement shall lapse on the Vesting Date, subject to the requirements set forth in Section 3(a). 

3. Failure to be Nominated; Death or Disability. 

(a) If the Grantee is not providing any of the Services as a result of the Grantee’s Non-Voluntary
Termination, a portion of the Award will vest equal to the amount of the Award multiplied by a fraction the numerator of which is the number of completed days elapsed after the Grant Date to the date of
Non-Voluntary Termination, and the denominator of which is •1. 

(b) Any Award that does not vest as provided for above shall be forfeited and such Award shall be cancelled by the Company and neither the
Grantee nor any of his or her successors, heirs, assigns, or personal representatives will thereafter have any further rights or interests in such unvested Award. 

4. Issuance of Shares of Stock. As soon as practicable following each Vesting Date, the Company shall issue to the
Grantee the number of Subordinate Voting Shares equal to the aggregate number of Restricted Stock Units that have vested pursuant to Section 2 of this Agreement, as applicable, on such date. 

 

	1 	 NTD: For the awards granted in 2020, this will be the number of days from the date of grant to the end of 2020.
For each Agreement granted in any year thereafter, this number will be 365. 

  

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 5. Miscellaneous Provisions. 

(a) Incorporation of Plan. Notwithstanding anything herein to the contrary, this Agreement shall be subject to and governed by all the terms
and conditions of the Plan, including the powers of the Committee set forth in Section 3(a) of the Plan. 
 (b) Compliance Matters. The
Company may require from the Grantee such investment representation, undertaking or agreement, if any, as the Company may consider necessary in order to comply with applicable laws and policies of any applicable exchange. The Grantee understands and
acknowledges that the Subordinate Voting Shares to be issued upon vesting may be issued subject to any restrictive legend or other transfer restrictions as may be required by applicable securities laws and stock exchange requirements. If the stock
of the Company is not exempt from California securities laws, then with respect to any Grantee who is a California resident, the Company will deliver financial statements to the Grantee if he or she is not a key person within the Company or an
Affiliate whose duties afford Grantee access to equivalent information. 
 (c) Incorporation of Policies. The Restricted Stock Units and all
compensation awarded under this Agreement shall be subject to the terms of any clawback, noncompetition, confidentiality or nondisclosure policies or agreements as may be in place between the Grantee and the Company or any Affiliate from time to
time. 
 6. Tax Withholding. The Grantee shall, not later than the date as of which the receipt of this Award becomes
a taxable event for Federal income tax purposes, pay to the Company or make arrangements satisfactory to the Committee for payment of any Federal, state, and local taxes required by law to be withheld on account of such taxable event. The Company
shall have the authority to cause the required minimum tax withholding obligation to be satisfied, in whole or in part, by withholding from shares of Subordinate Voting Stock to be issued to the Grantee a number of shares of Subordinate Voting Stock
with an aggregate Fair Market Value on the applicable Vesting Date set forth in Sections 2 or 3, as applicable, that would satisfy the withholding amount due. 

7. Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions
relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code. 

8. No Obligation to Continue Directorship. Neither the Company nor any Subsidiary is obligated by or as a result of the
Plan or this Agreement to continue the Grantee as a director and neither the Plan nor this Agreement shall interfere in any way with the right of the Company or any Subsidiary to end the directorship of the Grantee in accordance with the
organizational documents of the Company and applicable law. 
 9. Integration. This Agreement constitutes the entire
agreement between the parties with respect to this Award and supersedes all prior agreements and discussions between the parties concerning such subject matter. 

10. Data Privacy Consent. In order to administer the Plan and this Agreement and to implement or structure future equity
grants, the Company, its subsidiaries and affiliates and certain agents thereof (together, the “Relevant Companies”) may process any and all personal or professional data, including but not limited to Social Security or other
identification number, home address and telephone number, date of birth and other information that is necessary or desirable for the administration of the Plan and/or this Agreement (the “Relevant Information”). By entering into

  

Page 3 of 5 

 
this Agreement, the Grantee (i) authorizes the Company to collect, process, register and transfer to the Relevant Companies all Relevant Information; (ii) waives any privacy rights the
Grantee may have with respect to the Relevant Information; (iii) authorizes the Relevant Companies to store and transmit such information in electronic form; and (iv) authorizes the transfer of the Relevant Information to any jurisdiction
in which the Relevant Companies consider appropriate. The Grantee shall have access to, and the right to change, the Relevant Information. Relevant Information will only be used in accordance with applicable law. 

11. Notices. Notices hereunder shall be mailed or delivered to the Company at its principal place of business and shall
be mailed or delivered to the Grantee at the address on file with the Company or, in either case, at such other address as one party may subsequently furnish to the other party in writing. 

12. Definitions. 

In addition to the definitions set forth in the Plan, the following terms shall have the meanings ascribed herein (in the event a conflict
exists, the meaning set forth in this Agreement shall prevail): 
 “Agreement” shall mean this Restricted Stock Unit Award
Agreement. 
 Non-Voluntary Termination shall mean, with respect to the Grantee (i) death
or permanent and total disability (as defined in Section 22(e)(3) of the Code), or (ii) failure to be nominated or elected to the Board by the Company’s shareholders at any annual or special meeting of the Company’s shareholders.

 Services shall mean, collectively (i) serving as a member of the Board of Directors of the Company (the
“Board”), (ii) providing services to the Company pursuant to a written agreement approved by the Board, or (iii) serving as a director, manager or providing services for any subsidiary of the Company pursuant to a written
agreement approved by the Board. 
 “Subsidiaries” means a direct or indirect subsidiary of the Company. 

  

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 The foregoing Agreement is hereby accepted, and the terms and conditions thereof hereby agreed to by the
undersigned effective as of the • day of • 20•. 
  

			
	GRANTEE:	 	
		
	              
	 	
	                            	 	
	
	Dated:                                   
                                  , 2020
		
	Address:	 	
		
	
                 
	 	
	              
	 	
	              
	 	
		
	COMPANY:	 	
	
	Harvest Health & Recreation Inc.
	
	By:                                   
                                        

	 Steve White
	 	
	Its: CEO	 	

  

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