Document:

EX-10.27

 Exhibit 10.27 

AMENDMENT TO AMENDED AND RESTATED 

MASTER COVENANT AGREEMENT 

THIS AMENDMENT TO AMENDED AND RESTATED MASTER COVENANT AGREEMENT (this “Amendment”) is made as of July 30, 2020, by and between
GPM INVESTMENTS, LLC, a Delaware limited liability company (“GPM”), and M&T BANK, a New York banking corporation (“M&T”). 

RECITALS 
 WHEREAS,
GPM and M&T entered into that certain Amended and Restated Master Covenant Agreement dated as of May 7, 2020 (as modified or amended from time to time, the “Agreement”; capitalized terms used but not otherwise defined herein shall
have the meanings ascribed to them in the Agreement); 
 WHEREAS, Section 3.02 of the Agreement requires that GPM shall deliver a copy
of any amendment or modification to the PNC Credit Agreement to M&T within ten (10) days following the execution thereof (the “PNC Amendment Requirement”); 

WHEREAS, the PNC Credit Agreement has been amended pursuant to that certain First Amendment to Third Amended, Restated and Consolidated
Revolving Credit and Security Agreement dated as of June 30, 2020 (the “PNC Amendment”), a copy of which has been delivered to M&T pursuant to the PNC Amendment Requirement; and 

WHEREAS, GPM and M&T mutually desire to modify and amend the provisions of the Agreement in the manner hereinafter set out for purposes of
conforming the Agreement to the PNC Credit Agreement as modified by the PNC Amendment, it being specifically understood that, except as herein modified and amended, the terms and provisions of the Agreement shall remain unchanged and continue in
full force and effect as therein written. 
 AGREEMENT 

NOW, THEREFORE, effective as of the date first written above, GPM and M&T, in consideration of M&T’s continued extension of
credit and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the foregoing, hereby agree that the Agreement shall be, and the same hereby is, modified and amended as follows: 

A. Conditions Precedent to Effectiveness of Modification. This Amendment shall not be effective unless each of the
following conditions shall have been satisfied in M&T’s sole discretion or waived by M&T, for whose sole benefit such conditions exist: (a) GPM shall have executed and delivered this Amendment to M&T; (b) M&T shall
have executed this Amendment; and (c) GPM shall have paid to M&T all fees due and payable in connection with this Amendment, including, without limitation, all administrative expenses, legal fees (including attorneys’ fees) and/or out-of-pocket expenses. 
 B.
Modifications. Upon satisfaction of the foregoing conditions precedent, the Agreement shall be, without further act or deed, modified and amended as follows: 

1. The following defined term is hereby added to Section 1 of the Agreement, entitled “Definitions,” in alphabetical order as
follows: 
 “ARKO Real Estate Facility” shall mean Indebtedness incurred in connection with and evidenced by a Secured Promissory
Note and mortgages, security documents, guarantees, and ancillary documents associated therewith, by and among GPM, GPM Southeast, LLC, GPM2, LLC, GPM3, LLC, GPM Midwest 18, LLC, Admiral Real Estate I, LLC, Admiral Petroleum II, LLC, GPM RE, LLC and
Mountain Empire Oil Company, as co-borrowers, and ARKO Holdings or an affiliate/subsidiary, successor and/or designee thereof, as lender, in an aggregate principal amount not to exceed $25,000,000 in the
aggregate at any time outstanding and with terms (including intercreditor terms as between Agent and ARKO Holdings or an affiliate/subsidiary, successor and/or designee thereof) that are otherwise reasonably acceptable to Agent and any replacement
or substitutions in whole or in part thereof. 
 2. The following provision is hereby added as a new Section 2.03.12 of the Agreement,
as follows: 
 2.03.12 ARKO Real Estate Facility. At any time, directly or indirectly, or permit any Subsidiary to, voluntarily prepay
or voluntarily make any repurchase, redemption or retirement of any obligations under the ARKO Real Estate Facility (subject to the exceptions set forth in the PNC Credit Agreement). 

 

 C. Representations and Warranties. GPM hereby represents
and warrants that no default or event of default, however denominated, has occurred and is continuing, or would exist with notice or the lapse of time or both, under any of the M&T Loan Documents, and that all representations and warranties
herein and in the other M&T Loan Documents are true and correct in all material respects. 
 IT IS MUTUALLY AGREED by and between the
parties hereto that this Amendment shall become a part of the Agreement by reference and that nothing herein contained shall impair the security now held for said indebtedness, nor shall waive, annul, vary or affect any provision, condition,
covenant or agreement contained in the Agreement, except as herein amended, nor affect or impair any rights, powers or remedies under the Agreement, as hereby amended. Furthermore, M&T does hereby reserve all rights and remedies it may have
against all parties who may be or may hereafter become primarily or secondarily liable for the repayment of the indebtedness evidenced by the M&T Loan Documents in addition to any other rights and remedies M&T may have under the Agreement or
any of the other M&T Loan Documents. 
 GPM promises and agrees to pay and perform all of the requirements, conditions and obligations
under the terms of the M&T Loan Documents and the Agreement, as hereby modified and amended, said documents being hereby ratified and affirmed. The execution and delivery hereof shall not constitute a novation or modification of the lien,
encumbrance or security title of any security instrument executed in connection with the M&T Credit Facilities, which security instruments shall retain their priority as originally filed for record. GPM expressly agrees that the M&T Loan
Documents and the Agreement are in full force and effect and that GPM has no right to setoff, counterclaim or defense to the payment thereof. Any reference contained in the Agreement, as amended herein, or in any of the M&T Loan Documents to the
Agreement shall hereinafter be deemed to be a reference to such document as amended hereby. 
 This Amendment shall be closed without cost
to M&T and all expenses incurred in connection with this closing (including, without limitation, all attorneys’ fees) are to be paid by GPM. M&T is not providing legal advice or services to GPM. 

This Amendment shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia without regard to principles of
conflict of laws. 
 This Amendment shall be binding upon and inure to the benefit of any assignee or the respective heirs, executors,
administrators, successors and assigns of the parties hereto. 
 This Amendment may be executed in any number of counterparts, each of which
shall be an original but all of which taken together shall constitute one and the same instrument, and any of the parties hereto may execute any of such counterparts. 

[SIGNATURE PAGE FOLLOWS] 

  
 2 

 AMENDMENT TO AMENDED AND RESTATED 

MASTER COVENANT AGREEMENT 

[SIGNATURE PAGE] 
 IN WITNESS
WHEREOF, this instrument has been executed under seal by the parties hereto and delivered on the date and year first above written. 
  

											
	GPM:	 		 		 		 	
					
	GPM INVESTMENTS, LLC,	 		 		 		 	
	a Delaware limited liability company	 		 		 		 	
						
	By:	 	 /s/ Don Bassell
	 	(SEAL)	 	            	 	 /s/ Naneen Johnson
	 	(SEAL)
	Name:	 	Don Bassell	 		 		 	Signature of Witness	 	
	Title:	 	CFO	 		 		 		 	
		 		 		 		 	 Naneen Johnson
	 	
		 		 		 		 	Typed Name of Witness	 	
						
	By:	 	 /s/ Maury Bricks
	 	(SEAL)	 		 	 /s/ Tortillia Fields
	 	(SEAL)
	Name:	 	Maury Bricks	 		 		 	Signature of Witness	 	
	Title:	 	General Counsel	 		 		 		 	
		 		 		 		 	 Tortillia Field
	 	
		 		 		 		 	Typed Name of Witness	 	
					
	M&T:	 		 		 		 	
					
	M&T BANK,	 		 		 		 	
	a New York banking corporation	 		 		 		 	
						
	By:	 	 /s/ Drake Staniar
	 	(SEAL)	 		 		 	
	Name:	 	Drake Staniar	 		 		 		 	
	Title:	 	Vice President	 		 		 		 	

  

  
 3EX-10.28

 Exhibit 10.28 

 
 

 
 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

Virginia 
 December   21 ,
2016 
  

			
	Borrower:	  	GPM INVESTMENTS, LLC, a limited liability company organized under the laws of Delaware, having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227; GPM SOUTHEAST, LLC, a limited
liability company organized under the laws of Delaware (“GPM Southeast”), having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227; GPM1, LLC, a limited liability company organized under the
laws of Delaware, having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227; GPM2, LLC, a limited liability company organized under the laws of Delaware, having its chief executive office at 8565 Magellan
Parkway, Suite 400, Richmond, Virginia 23227; GPM3, LLC, a limited liability company organized under the laws of Delaware, having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227; GPM4, LLC, a
limited liability company organized under the laws of Delaware, having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227; GPM5, LLC, a limited liability company organized under the laws of Delaware,
having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227; GPM6, LLC, a limited liability company organized under the laws of Delaware, having its chief executive office at 8565 Magellan Parkway, Suite
400, Richmond, Virginia 23227; GPM8, LLC, a limited liability company organized under the laws of Delaware, having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227; and GPM9, LLC, a limited
liability company organized under the laws of Delaware, having its chief executive office at 8565 Magellan Parkway, Suite 400, Richmond, Virginia 23227, individually and collectively, jointly and severally, whether one or more.
		
	Bank:	  	M&T BANK, a New York banking corporation with its chief executive office at One M&T Plaza, Buffalo, NY 14203. Attention: Office of General Counsel.

 The Bank and the Borrower agree as follows: 
  

	1.	 DEFINITIONS. 

“Action” shall have the meaning specified in Section 2.f. hereof. 

“Approvals” shall mean the names specified in Section 2.b. hereof. 

“Arko” shall mean Arko Convenience Stores, LLC, a Delaware limited liability company. 

“Collateral” shall mean the real property and improvements thereon identified as the stores more particularly described on Exhibit
“A” attached hereto and made a part hereof, all as subject to certain liens and security interests conveyed under the Security Instruments. 

“Deeds of Trust” shall mean those certain Deeds of Trust encumbering the Collateral identified as Stores 55, 58, 90, 91, 92, 93, 94,
409 and 471 on the Exhibit “A” attached hereto and made a part hereof, as more particularly described therein, granted by GPM to certain trustees as more particularly described therein for the benefit of Bank as security for the
Loan, as modified or amended from time to time. 
 “G.A.A.P.” shall mean, with respect to any date of determination, generally
accepted accounting principles as used by the Financial Accounting Standards Board and/or the American Institute of Certified Public Accountants consistently applied and maintained throughout the periods indicated. 

“Governmental Body” shall mean any nation or government, any state or other political subdivision thereof or any entity, authority,
agency, division or department exercising the legislative, judicial, regulatory or administrative functions of or pertaining to a government. 

“GPM” shall mean GPM Investments, LLC, a Delaware limited liability company. 

“Hurst Harvey Stores” shall mean Collateral identified as Stores 90, 91, 92, 93 and 94 on the Exhibit “A” attached
hereto and made a part hereof. 
 “Indebtedness” of a Person at a particular date shall mean all obligations of such Person which
in accordance with G.A.A.P. would be classified upon a balance sheet as liabilities (except capital stock and surplus earned or otherwise) and in any event, without limitation by reason of enumeration, shall include all indebtedness, debt and other
similar monetary obligations of such Person whether direct or guaranteed, and all premiums, if any, due at the required prepayment dates of such indebtedness, and all indebtedness secured by a Lien on assets owned by such Person, whether or not such
indebtedness actually shall have been created, assumed or incurred by such Person. Any indebtedness of such Person resulting from the acquisition by such Person of any assets subject to any Lien shall be deemed, for the purposes hereof, to be the
equivalent of the creation, assumption and incurring of the indebtedness secured thereby, whether or not actually so created, assumed or incurred. 

  

					
	CLB-106-VA (11/04)	  	1	  	© M&T Bank, 2004

 “Leases” shall mean all leases, tenant contracts, rental agreements, franchise
agreements, licenses, accounts or other occupancy agreements, whether oral or written, now existing or hereafter entered into, for the use or occupancy of all or any part of the Collateral, together with all modifications, renewals and proceeds
thereof. 
 “Li’l Cricket Stores” shall mean the Collateral located in the State of South Carolina as identified on the
Exhibit “A” attached hereto and made a part hereof. 
 “Loan” shall mean the term loan extended under this
Agreement in the original principal amount of $26,000,000.00. 
 “Master Covenant Agreement” shall mean that certain Master
Covenant Agreement dated of even date herewith between Borrower and Bank, as modified, amended, renewed, restated or replaced from time to time. 

“Material Adverse Effect” shall mean a material adverse effect on (a) the condition (financial or otherwise), taken as a whole,
of the Borrower and its Subsidiaries or the operations, assets, business, properties or prospects of the Borrower, (b) the Borrower’s ability to duly and punctually pay or perform the Loan in accordance with the terms thereof, (c) the
value of a material portion of any of the collateral securing the Loan, or the Bank’s liens on a material portion of the collateral securing the Loan, or (d) the practical realization of the benefits of Bank’s rights and remedies
under this Agreement and the other Transaction Documents. 
 “Mortgage” shall mean, individually and collectively, those certain
Mortgages and Assignments of Rents and Leases of even date herewith executed by GPM Southeast, as grantor, for the benefit of the Bank, encumbering the Li’l Cricket Stores, as modified or amended from time to time. 

“Obligations” shall mean the payment of (i) all sums due under the Transaction Documents in connection with the Loan,
(ii) all extensions, renewals, refinancings, modifications and replacements thereof, and all interest and related charges, and (iii) all fees, late fees, expenses and reasonable attorneys’ fees and costs that have been or may
hereafter be contracted or incurred in connection with the Loan, together with the performance of all of the terms, covenants, conditions, agreements, obligations and liabilities of Borrower under this Agreement or the other Transaction Documents.

 “Permitted Liens” shall have the meaning specified in Section 2.e. hereof. 

“Person” shall mean any individual, sole proprietorship, partnership, corporation, business trust, joint stock company, trust,
unincorporated organization, association, limited liability company, limited liability partnership, institution, public benefit corporation, joint venture, entity or Governmental Body (whether federal, state, county, city, municipal or otherwise,
including any instrumentality, division, agency, body or department thereof). 
 “PNC” shall mean PNC Bank, National Association,
as agent and lender under the PNC Credit Agreement. 
 “PNC Credit Agreement” shall mean that certain Second Amended and Restated
Revolving Credit, Term Loan and Security Agreement, dated as of August 6, 2013, together with all amendments, restatements and modifications thereto now and hereafter existing. 

“Security Instruments” shall mean, collectively, the Mortgage and the Deeds of Trust. 

“Subsidiary or Subsidiaries” shall mean any corporation or other business entity of which at least fifty percent (50%) of the voting
stock or other ownership interest is owned by the Borrower directly or indirectly through one or more Subsidiaries provided, however that GPM 7, LLC and GPM Transportation, LLC shall not be included as a Subsidiary. 

“Transaction Documents” means this Agreement and all documents, instruments or other agreements by the Borrower in favor of the Bank
in connection (directly or indirectly) with the Loan, whether now or hereafter in existence, including promissory notes, security agreements, guaranties and letter of credit reimbursement agreements, and specifically including, without limitation,
the Master Covenant Agreement. 
  

	2.	 REPRESENTATIONS AND WARRANTIES. The Borrower makes the following representations and warranties,
all of which shall be deemed to be continuing representations and warranties as long as this Agreement is in effect: 

  

	 	a.	 Good Standing; Authority. The Borrower and each Subsidiary is duly organized, validly existing and in
good standing under the laws of the jurisdiction in which it was formed. The Borrower and each Subsidiary is duly authorized to do business in each jurisdiction in which failure to be so qualified might have a material adverse effect on its business
or assets and has the power and authority to own each of its assets and to use them in the ordinary course of business now and in the future. 

  

	 	b.	 Compliance. The Borrower and each Subsidiary conducts its business and operations and the ownership of
its assets in material compliance with each applicable statute, regulation and other law, including environmental laws. All material approvals, including authorizations, permits, consents, franchises, licenses, registrations, filings, declarations,
reports and notices (the “Approvals”) necessary for the conduct of the Borrower’s and each Subsidiary’s business and for the Loan have been duly obtained and are in full force and effect. The Borrower and each Subsidiary is in
compliance with the Approvals. The Borrower and each Subsidiary is in material compliance with its certificate of incorporation, by-laws, partnership agreement, articles of organization, operating agreement or
other applicable organizational or governing document as may be applicable to the Borrower or a Subsidiary depending on its organizational structure (“Governing Documents”). To the Borrower’s knowledge, the Borrower and each
Subsidiary is in compliance with each agreement to which it is a party or by which it or any of its assets is bound and which, if not in effect, would have a Material Adverse Effect. 

  

					
	CLB-106-VA (11/04)	  	2	  	© M&T Bank, 2004

	 	c.	 Legality. The execution, delivery and performance by the Borrower of this Agreement and all related
documents, including the Transaction Documents, (i) are in furtherance of the Borrower’s purposes and within its power and authority; (ii) do not (A) violate any statute, regulation or other law or any judgment, order or award of
any court, agency or other governmental authority or of any arbitrator with respect to the Borrower or any Subsidiary or (B) violate the Borrower’s or any Subsidiary’s Governing Documents, constitute a default under any agreement
binding on the Borrower or any Subsidiary or result in a lien or encumbrance on any of the collateral securing the Loan; and (iii) have been duly authorized by all necessary organizational actions. 

 

	 	d.	 Fiscal Year. The fiscal year of the Borrower is the calendar year. 

 

	 	e.	 Title to Assets. The Borrower has good and marketable title the assets constituting Collateral for the
Loan free of security interests, mortgages or other liens or encumbrances, except as set forth on the Schedule 2.E. “Permitted Liens” or pursuant to the Bank’s prior written consent (the “Permitted Liens”).

  

	 	f.	 Judgments and Litigation. There is no pending or threatened claim, audit, investigation, action or other
legal proceeding or judgment, order or award of any court, agency or other governmental authority or arbitrator which involves the Borrower, its Subsidiaries or their respective assets that would have a Material Adverse Effect (“Action”).

  

	 	g.	 Full Disclosure. Neither this Agreement nor any certificate, financial statement or other writing
provided to the Bank by or on behalf of the Borrower or any Subsidiary contains any statement of fact that is incorrect or misleading in any material respect or omits to state any fact necessary to make any such statement not incorrect or misleading
in any material respect. The Borrower has not failed to disclose to the Bank any fact that might have a Material Adverse Effect. 

  

	 	h.	 Confession of Judgment. The Borrower is not a party to any note, guaranty, agreement or any other loan
document with another creditor that contains any provisions permitting such creditor to obtain a judgment by confession against the Borrower. 

  

	3.	 AFFIRMATIVE COVENANTS. So long as this Agreement is in effect, the Borrower shall:

  

	 	a.	 Financial Statements and Other Information. Promptly deliver to the Bank (i) within sixty
(60) days after the end of each of its fiscal quarters, an internally-prepared financial statement of GPM (excluding GPM Petroleum LP) as of the end of such quarter, which financial statements shall consist of an income statement and statement
of cash flows for the quarter, for the corresponding quarter in the previous fiscal year and for the period from the end of the previous fiscal year, with a balance sheet as of the quarter end all in such detail as the Bank may reasonably request,
together with a store profit and loss statement for the properties owned and/or operated by the Borrower and encumbered by the Security Instruments; (ii) within one hundred twenty (120) days after the end of each fiscal year, an audited
consolidated financial statement of GPM which shall include GP Petroleum LP as of the end of such fiscal year, setting forth comparative figures for the preceding fiscal year and to be audited by an independent certified public accountant acceptable
to the Bank, and including consolidating detail in supplemental schedules; all such statements shall be certified by the Borrower’s chief financial officer or other such person responsible for the financial management of the Borrower to be
correct and in accordance with the Borrower’s records and to present fairly the results of GPM’s and GPM Petroleum LP’s fully consolidated operations and cash flows and their financial position at year end; and (iii) with each
internal consolidated financial statement, a certificate executed by the Borrower’s chief financial officer or other such person responsible for the financial management of the Borrower (A) setting forth the computations required to
establish the Borrower’s compliance with each financial covenant, if any, during the statement period, (B) stating that the signers of the certificate have reviewed this Agreement and the consolidated statement of operations and condition
(financial or other) of the Borrower the Subsidiaries during the relevant period and (C) stating that no Event of Default occurred during the period, or if an Event of Default did occur, describing its nature, the date(s) of its occurrence or
period of existence and what action the Borrower has taken with respect thereto. Borrower will also promptly deliver to the Bank within sixty (60) days after the end of each of its fiscal quarters an internally-prepared financial statement for
GPM Petroleum LP as of the end of such quarter, which financial statements shall consist of an income statement and statement of cash flows for the quarter and for the corresponding quarter in the previous fiscal year and for the period from the end
of the previous fiscal year, with a balance sheet as of the quarter end. The Borrower shall also promptly provide, in form satisfactory to the Bank, such additional information, reports or other information as the Bank may from time to time
reasonably request regarding the financial and business affairs of the Borrower. 

  

	 	b.	 Accounting; Tax Returns and Payment of Claims. The Borrower will maintain a system of accounting in
accordance with generally accepted accounting principles, has filed and will file each material tax return required of it and, except as disclosed in the Schedule, has paid and will pay when due each tax, assessment, fee, charge, fine and penalty
imposed by any taxing authority upon it or any of its assets, income or franchises, as well as all amounts owed to mechanics, materialmen, landlords, suppliers and the like in the normal course of business, the failure to pay such which would
constitute a Material Adverse Effect. 

  

	 	c.	 Inspections. Promptly upon the Bank’s request, the Borrower will permit, and cause its Subsidiaries
to permit, the Bank’s officers, attorneys or other agents to inspect its and its Subsidiary’s premises, examine and copy its records and discuss its and its Subsidiary’s business, operations and financial or other condition with its
and its Subsidiary’s responsible officers and independent accountants. 

  

	 	d.	 Operating Accounts. Consider establishing depository bank accounts with the Bank, when reasonable to do
so. 

  

	 	e.	 Changes in Management. Immediately upon any change in the identity of the Borrower’s chief
executive officer, the Borrower will provide to the Bank a certificate executed by a senior officer authorized to transact business on behalf of the Borrower, specifying such change. 

  

					
	CLB-106-VA (11/04)	  	3	  	© M&T Bank, 2004

	 	f.	 Notice of Defaults and Material Adverse Changes. Immediately upon acquiring reason to know of
(i) any Event of Default, (ii) any event or condition that might have a Material Adverse Effect or (iii) any Action, the Borrower will provide to the Bank a certificate executed by a senior officer authorized to transact business on
behalf of the Borrower, specifying the date(s) and nature of the Event of Default, event or condition or the Action and what steps the Borrower or its Subsidiary has taken or proposes to take with respect to it. 

 

	 	g.	 Insurance. Maintain its, and cause its Subsidiaries to maintain, property in good repair and will on
request provide the Bank with evidence of insurance coverage satisfactory to the Bank, including fire and hazard, liability, workers’ compensation and business interruption insurance and flood hazard insurance as and if required. In addition,
Borrower shall (i) maintain and (provide to Bank evidence of) environmental insurance coverage with respect to the Collateral, and (ii) comply with the insurance requirements set forth in the Security Instruments encumbering the Collateral
for the Loan, and the environmental insurance requirements set forth in the Amended, Restated and Consolidated Environmental Compliance and Indemnification Agreement of even date herewith, as modified or amended from time to time.

  

	 	h.	 Commitment Fee. On or before the date hereof, pay to the Bank a commitment fee in the amount of
$200,200.00. 

  

	 	i.	 Further Assurances. Promptly upon the request of the Bank, the Borrower will execute, and cause its
Subsidiaries to execute, and deliver each writing and take each other action that the Bank reasonably deems necessary or desirable in connection with the Loan. 

 

	 	j.	 Power to Confess Judgment. In the event that the Borrower enters into any note, guaranty, agreement or
other loan document with another creditor permitting such creditor to obtain a judgment by confession against the Borrower, the Borrower agrees to (a) notify the Bank immediately upon the execution of such document, and (b) within five
(5) business days, execute such documentation as the Bank deems necessary in its sole discretion to allow the Bank confession of judgment rights against the Borrower, including, without limitation, modifications or restatements of any note
evidencing the Loan. 

  

	 	k.	 Leases. Deliver copies of all Leases of any portion of the Collateral, if applicable, within thirty
(30) days of the execution thereof, which Leases shall be on a form reviewed and approved by Bank in its reasonable discretion. 

  

	4.	 NEGATIVE COVENANTS. As long as this Agreement is in effect, the Borrower shall not violate, and shall
not suffer or permit any of its Subsidiaries to violate, any of the following covenants. The Borrower shall not: 

  

	 	a.	 Liens. Permit any of the Collateral to be subject to any security interest, mortgage or other lien or
encumbrance, except as set forth on the Schedule titled “Permitted Liens” and except for liens for property taxes not yet due; pledges and deposits to secure obligations or performance for workers’ compensation, bids, tenders,
contracts other than notes, appeal bonds or public or statutory obligations; and materialmen’s, mechanics’, carriers’ and similar liens arising in the normal course of business. 

	 	b.	 Changes In Form. (i) Do business under or otherwise use any name other than its true name or
registered or unregistered trade names (including, but not limited to, Fas Mart®, Li’l Cricket and Scotchman and applicable fuel brands such as BP and Valero), (ii) INTENTIONALLY DELETED,
(iii) make any material change in its business, structure, purposes or operations that might have a material adverse effect on the Borrower or any of its Subsidiaries, (iv) permit any change in control of the ownership or operation of the
Collateral, or (v) make, terminate or permit to be revoked any election pursuant to Subchapter S of the Internal Revenue Code. 

  

	5.	 COMPLIANCE WITH MASTER COVENANT AGREEMENT. During the term of this Agreement, the Borrower and all of
its Subsidiaries on a consolidated basis shall comply with the covenants set forth in the Master Covenant Agreement, which Master Covenant Agreement is incorporated by reference as if set forth fully herein. Failure to maintain compliance with the
Master Covenant Agreement shall constitute an immediate Event of Default (as hereinafter defined) under this Agreement. 

  

	6.	 DEFAULT. 

  

	 	a.	 Events of Default. Any of the following events or conditions shall constitute an “Event of
Default” (i) failure by the Borrower to pay when due (whether at the stated maturity, by acceleration, upon demand or otherwise) any amount due under the Loan, or any part thereof, with such failure continuing for three (3) business days;
(ii) default by the Borrower in the performance of any other obligation, term or condition of this Agreement, or the other Transaction Documents, and, in the event such default is deemed capable of cure by Bank in its sole discretion, the
continuation of such default for thirty (30) days after notice from Bank to Borrower (or sixty (60) days’ notice when such default is not capable of cure within a thirty (30) day period, as determined by Bank, and the Borrower is
diligently pursuing such cure); (iii) default by the Borrower in the performance of any other obligation, term or condition under any indebtedness or obligation owing to the Bank (other than hereunder or in the Transactional Documents) beyond any
applicable cure or grace period, including, without limitation, failure by the Borrower to pay when due (whether at the stated maturity, by acceleration, upon demand or otherwise) any amount due under such indebtedness; (iv) the Borrower is
dissolved, becomes insolvent, generally fails to pay or admits in writing its inability generally to pay its debts as they become due; (v) the Borrower makes a general assignment, arrangement or composition agreement with or for the benefit of
its creditors or makes, or sends notice of any intended, bulk sale; the sale, assignment, transfer or delivery of all or substantially all of the assets of the Borrower to a third party; or the cessation by the Borrower as a going business concern;
(vi) the Borrower files a petition in bankruptcy or institutes any action under federal or state law for the relief of debtors or seeks or consents to the appointment of an administrator, receiver, custodian or similar official for the wind up
of its business (or has such a petition or action filed against it and such petition action or appointment is not dismissed or stayed within forty-five (45) days); (vii) the reorganization or dissolution of the Borrower (or the making of any
agreement therefor); (viii) INTENTIONALLY DELETED; (ix) the entry of any final judgment or order of any court, other governmental authority or arbitrator against the Borrower that would have a Material Adverse Effect; (x) the material
falsity, omission or inaccuracy of any facts submitted to the Bank (whether in a financial 

  

					
	CLB-106-VA (11/04)	  	4	  	© M&T Bank, 2004

	 	
statement or otherwise); (xi) an adverse change in the Borrower, its business, assets, operations, affairs or condition (financial or otherwise) from the status shown on any financial statement
or other document submitted to the Bank, and which change constitutes a Material Adverse Effect; (xii) any pension plan of the Borrower fails to comply with applicable law or has vested unfunded liabilities such that the lack of compliance or
failure constitutes a Material Adverse Effect; (xiii) any indication or evidence received by the Bank that the Borrower may have directly or indirectly been engaged in any type of activity which, in the Bank’s discretion, might result in
the forfeiture or any property of the Borrower to any governmental authority; (xiv) the occurrence of any event described in Section 6(a)(i) through and including 6(a)(xiii) with respect to any Subsidiary or to any endorser, guarantor or
any other party liable for, or whose assets or any interest therein secures, payment of any of the Loan; or (xv) the occurrence of any event of default (beyond any applicable grace, notice and/or cure period) under the PNC Credit Agreement.

  

	 	b.	 Rights and Remedies Upon Default. Upon the occurrence of any Event of Default, the Bank without demand
of performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law) to or upon the Borrower or any other person (all and each of which demands, presentments, protests, advertisements and
notices are hereby waived), may exercise all rights and remedies under the Borrower’s agreements with the Bank, applicable law, in equity or otherwise and may declare all or any part of the Loan not payable on demand to be immediately due and
payable without demand or notice of any kind and terminate any obligation it may have to grant any additional loan, credit or other financial accommodation to the Borrower. All or any part of the Loan whether or not payable on demand, shall be
immediately due and payable automatically upon the occurrence of an Event of Default in Section 6(a)(vi) above. The provisions hereof are not intended in any way to affect any rights of the Bank with respect to any Loan which may now or
hereafter be payable on demand. 

  

	7.	 EXPENSES. The Borrower shall within seven (7) business days of written notice pay to the Bank all
reasonable costs and expenses (including all fees and disbursements of counsel retained for advice, suit, appeal or other proceedings or purpose and of any experts or agents it may retain), which the Bank may incur in connection with (i) the
administration of the Loan, including any administrative fees the Bank may impose for the preparation of discharges, releases or assignments to third-parties; (ii) the enforcement and collection of the Loan or any guaranty thereof;
(iii) the exercise, performance, enforcement or protection of any of the rights of the Bank hereunder; or (iv) the failure of the Borrower or any Subsidiary to perform or observe any provisions hereof. After such demand for payment of any
cost, expense or fee under this Section or elsewhere under this Agreement, the Borrower shall pay interest at the highest default rate specified in any instrument evidencing any of the Loan from the date payment is demanded by the Bank to the date
reimbursed by the Borrower. All such costs, expenses or fees under this Agreement shall be added to the Loan. 

  

	8.	 TERMINATION. This Agreement shall remain in full force and effect until all Obligations outstanding, or
contracted or committed for (whether or not outstanding), shall be finally and irrevocably paid in full. 

  

	9.	 Intentionally Deleted. 

 

	10.	 MISCELLANEOUS. 

 

	 	a.	 Notices. Any demand or notice hereunder or under any applicable law pertaining hereto shall be in
writing and duly given if delivered to Borrower (at its address on the Bank’s records) or to the Bank (at the address on page one and separately to the Bank officer responsible for Borrower’s relationship with the Bank). Such notice or
demand shall be deemed sufficiently given for all purposes when delivered (i) by personal delivery and shall be deemed effective when delivered, or (ii) by mail or courier and shall be deemed effective three (3) business days after
deposit in an official depository maintained by the United States Post Office for the collection of mail or one (1) business day after delivery to a nationally recognized overnight courier service (e.g., FedEx). Notice by e-mail is not valid notice under this or any other agreement between Borrower and the Bank. 

  

	 	b.	 Generally Accepted Accounting Principles. Any financial calculation to be made, all financial statements
and other financial information to be provided, and all books and records, system of accounting to be kept in connection with the provisions of this Agreement, shall be in accordance with generally accepted accounting principles consistently applied
during each interval and from interval to interval; provided, however, that in the event changes in generally accepted accounting principles shall be mandated by the Financial Accounting Standards Board or any similar accounting body of comparable
standing, or should be recommended by Borrower’s certified public accountants, to the extent such changes would affect any financial calculations to be made in connection herewith, such changes shall be implemented in making such calculations
only from and after such date as Borrower and the Bank shall have amended this Agreement to the extent necessary to reflect such changes in the financial and other covenants to which such calculations relate. 

 

	 	c.	 Indemnification. If after receipt of any payment of all, or any part of, the Loan, the Bank is, for any
reason, compelled to surrender such payment to any person or entity because such payment is determined to be void or voidable as a preference, an impermissible setoff, or a diversion of trust funds, or for any other reason, the Transaction Documents
shall continue in full force and the Borrower shall be liable, and shall indemnify and hold the Bank harmless for, the amount of such payment surrendered. The provisions of this Section shall be and remain effective notwithstanding any contrary
action which may have been taken by the Bank in reliance upon such payment, and any such contrary action so taken shall be without prejudice to the Bank’s rights under the Transaction Documents and shall be deemed to have been conditioned upon
such payment having become final and irrevocable. The provisions of this Section shall survive the termination of this Agreement and the Transaction Documents. 

 

	 	d.	 Further Assurances. From time to time, the Borrower shall take, and cause its Subsidiaries to take, such
action and execute and deliver to the Bank such additional documents, instruments, certificates, and agreements as the Bank may reasonably request to effectuate the purposes of the Transaction Documents. 

  

					
	CLB-106-VA (11/04)	  	5	  	© M&T Bank, 2004

	 	e.	 Cumulative Nature and Non-Exclusive Exercise of Rights and
Remedies. All rights and remedies of the Bank pursuant to this Agreement and the Transaction Documents shall be cumulative, and no such right or remedy shall be exclusive of any other such right or remedy. In the event of any unreconcilable
inconsistencies, this Agreement shall control. No single or partial exercise by the Bank of any right or remedy pursuant to this Agreement or otherwise shall preclude any other or further exercise thereof, or any exercise of any other such right or
remedy, by the Bank. 

  

	 	f.	 Governing Law; Jurisdiction. This Agreement has been delivered to and accepted by the Bank and will be
deemed to be made in the Commonwealth of Virginia. Unless provided otherwise under federal law, this Agreement will be interpreted in accordance with laws of the Commonwealth of Virginia, excluding its conflict of laws rules. THE BORROWER HEREBY
IRREVOCABLY CONSENT TO THE EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT IN THE COMMONWEALTH OF VIRGINIA IN A COUNTY OR JUDICIAL DISTRICT WHERE THE BANK MAINTAINS A BRANCH, AND CONSENTS THAT THE BANK MAY EFFECT ANY SERVICE OF PROCESS IN THE
MANNER AND AT BORROWER’S ADDRESS AS SET FORTH IN THE ABOVE SECTION ENTITLED “NOTICES;” PROVIDED THAT NOTHING CONTAINED IN THIS AGREEMENT WILL PREVENT THE BANK FROM BRINGING ANY ACTION, ENFORCING ANY AWARD OR JUDGMENT OR EXERCISING ANY
RIGHTS AGAINST BORROWER INDIVIDUALLY, AGAINST ANY SECURITY OR AGAINST ANY PROPERTY OF BORROWER WITHIN ANY OTHER COUNTY, STATE OR OTHER FOREIGN OR DOMESTIC JURISDICTION. Borrower acknowledges and agrees that the venue provided above is the most
convenient form for both the Bank and Borrower, and Borrower waives any objection to venue and any objection based on a more convenient forum in any action instituted under this Agreement. 

 

	 	g.	 Joint and Several; Successors and Assigns. If there is more than one Borrower, each of them shall be
jointly and severally liable for all amounts, which become due, and the performance of all obligations under this Agreement, and the term “the Borrower” shall include each as well as all of them. This Agreement shall be binding upon the
Borrower and upon its heirs and legal representatives, its successors and assignees, and shall inure to the benefit of, and be enforceable by, the Bank, its successors and assignees and each direct or indirect assignee or other transferee of any of
the Loan; provided, however, that this Agreement may not be assigned by the Borrower without the prior written consent of the Bank. 

  

	 	h.	 Waivers; Changes in Writing. No failure or delay of the Bank in exercising any power or right hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of
any other right or power. The Borrower expressly disclaims any reliance on any course of dealing or usage of trade or oral representation of the Bank (including representations to make loans to the Borrower) and agrees that none of the foregoing
shall operate as a waiver of any right or remedy of the Bank. No notice to or demand on the Borrower in any case shall entitle the Borrower to any other or further notice or demand in similar or other circumstances. No waiver of any provision of
this Agreement or consent to any departure by the Borrower therefrom shall in any event be effective unless made specifically in writing by the Bank and then such waiver or consent shall be effective only in the specific instance and for the purpose
for which given. No modification to any provision of this Agreement shall be effective unless made in writing in an agreement signed by the Borrower and the Bank. 

 

	 	i.	 Interpretation. Unless the context otherwise clearly requires, references to plural includes the
singular and references to the singular include the plural; references to “individual” shall mean a natural person and shall include a natural person doing business under an assumed name (e.g., a “DBA”); the word
“or” has the inclusive meaning represented by the phrase “and/or;” the word “including,” “includes” and “include” shall be deemed to be followed by the words “without limitation;” and
captions or section headings are solely for convenience and not part of the substance of this Agreement. Any representation, warranty, covenant or agreement herein shall survive execution and delivery of this Agreement and shall be deemed
continuous. Each provision of this Agreement shall be interpreted as consistent with existing law and shall be deemed amended to the extent necessary to comply with any conflicting law. If any provision nevertheless is held invalid, the other
provisions shall remain in effect. The Borrower agrees that in any legal proceeding, a photocopy of this Agreement kept in the Bank’s course of business may be admitted into evidence as an original. 

 

	 	j.	 Waiver of Jury Trial. THE BORROWER AND THE BANK HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY
WAIVE ANY RIGHT TO TRIAL BY JURY THE BORROWER AND THE BANK MAY HAVE IN ANY ACTION OR PROCEEDING, IN LAW OR IN EQUITY, IN CONNECTION WITH THIS AGREEMENT OR ANY TRANSACTIONS RELATED HERETO. THE BORROWER REPRESENTS AND WARRANTS THAT NO REPRESENTATIVE
OR AGENT OF THE BANK HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT THE BANK WILL NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THIS JURY TRIAL WAIVER. THE BORROWER ACKNOWLEDGES THAT THE BANK HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG
OTHER THINGS, THE PROVISIONS OF THIS SECTION. 

  

	 	k.	 Amendment, Restatement and Consolidation. This Amended, Restated and Consolidated Credit Agreement
hereby amends, restates and consolidates, in all respects, (1) that certain Credit Agreement dated as of June 26, 2012 by and between GPM and Bank, as modified, amended, renewed, restated or replaced from time to time; (2) that
certain Credit Agreement dated as of April 26, 2013 by and between GPM and Bank, as modified, amended, renewed, restated or replaced from time to time; (3) that certain Credit Agreement dated as of August 1, 2013 by and between
Borrower and Bank, as modified, amended, renewed, restated or replaced from time to time; (4) that certain Credit Agreement dated as of June 26, 2012 by and between GPM and Bank, as modified, amended, renewed, restated or replaced from
time to time; and (5) that certain Credit Agreement dated as of March 21, 2013 by and between GPM and Bank, as modified, amended, renewed, restated or replaced from time to time. No novation is intended hereby. 

  

					
	CLB-106-VA (11/04)	  	6	  	© M&T Bank, 2004

 Acknowledgment. Borrower acknowledges that it has read and understands all the provisions of this
Agreement, including the Governing Law, Jurisdiction and Waiver of Jury Trial, and has been advised by counsel as necessary or appropriate. 

[SIGNATURE PAGES FOLLOW] 

  

					
	CLB-106-VA (11/04)	  	7	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BANK:	 		 		 		 	
					
	M&T BANK,	 		 		 		 	
	a New York banking corporation	 		 		 		 	
						
	By:	 	 /s/ Drake Staniar
	 	(SEAL)	 		 	 /s/ Katherine Green
	 	(SEAL)
	Name:	 	Drake Staniar	 		 		 	Signature of Witness	 	
	Title:	 	Assistant Vice President	 		 		 		 	
		 		 		 		 	 Katherine Green
	 	
		 		 		 		 	Typed Name of Witness	 	

  

					
	CLB-106-VA (11/04)	  	8	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		 		 		 	
					
	GPM INVESTMENTS, LLC, a Delaware limited liability company	 		 		 		 	
						
	By:	 	 /s/ Arie Kotler
	 	(SEAL)	 		 	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	 	Arie Kotler	 		 		 	Signature of Witness	 	
	Title:	 	Chief Executive Officer	 		 		 		 	
		 		 		 		 	 Eyal Nuchamovitz
	 	
		 		 		 		 	Typed Name of Witness	 	
						
	By:	 	 /s/ Don Bassell
	 	(SEAL)	 		 	 /s/ Maury Bricks
	 	(SEAL)
	Name:	 	Don Bassell	 		 		 	Signature of Witness	 	
	Title:	 	CFO	 		 		 		 	
		 		 		 		 	 Maury Bricks
	 	
		 		 		 		 	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF VIRGINIA
                                         
       ) 

                       
                                         
  ) TO-WIT 
 CITY/COUNTY OF
Henrico                                        
                       ) 

The foregoing instrument was acknowledged before me, Diana
Avery                                , Notary Public, this _21st_ day of
December                        , 2016, by Arie Kotler and Don
Bassell                                    , who have each
presented identification of ______________________________ (a United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state
issued driver’s license or a state issued identification card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial
Officer                                    , respectively, of GPM
Investments, LLC, a Delaware limited liability company, on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:     7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	9	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		 		 		 	
					
	GPM SOUTHEAST, LLC,	 		 		 		 	
	a Delaware limited liability company	 		 		 		 	
						
	By:	 	 /s/ Arie Kotler
	 	(SEAL)	 		 	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	 	Arie Kotler	 		 		 	Signature of Witness	 	
	Title:	 	Chief Executive Officer	 		 		 		 	
		 		 		 		 	 Eyal Nuchamovitz
	 	
		 		 		 		 	Typed Name of Witness	 	
						
	By:	 	 /s/ Don Bassell
	 	(SEAL)	 		 	 /s/ Maury Bricks
	 	(SEAL)
	Name:	 	Don Bassell	 		 		 	Signature of Witness	 	
	Title:	 	CFO	 		 		 		 	
		 		 		 		 	 Maury Bricks
	 	
		 		 		 		 	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                     ) 

                       
                               ) TO-WIT 

CITY/COUNTY OF
Henrico                                        
           ) 
 The foregoing instrument was acknowledged before me, Diana
Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of ______________________________ (a
United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license or a state issued identification
card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a Delaware limited liability company,
on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:     7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	10	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM1, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                    ) 

                       
                    ) TO-WIT 

CITY/COUNTY OF
Henrico                                     
            ) 
 The foregoing instrument was acknowledged before me,
Diana Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of
______________________________ (a United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license
or a state issued identification card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a
Delaware limited liability company, on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:     7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	11	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM2, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                        
) 

                       
                         ) TO-WIT 

CITY/COUNTY OF
Henrico                                        
               ) 
 The foregoing instrument was acknowledged
before me, Diana Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of
______________________________ (a United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license
or a state issued identification card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a
Delaware limited liability company, on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:      7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	12	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM3, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                        )

                       
                                 ) TO-WIT

 CITY/COUNTY OF
Henrico                                        
             ) 
 The foregoing instrument was acknowledged before me,
Diana Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of
______________________________ (a United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license
or a state issued identification card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a
Delaware limited liability company, on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:      7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	13	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM4, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                    ) 

                       
                                          ) TO-WIT 
 CITY/COUNTY OF
Henrico                        
                         ) 

The foregoing instrument was acknowledged before me, Diana Avery____________________, Notary Public, this _21st_ day of
December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of ______________________________ (a United States Passport, a certificate of United States citizenship, a
certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license or a state issued identification card or a United States military card), and voluntarily acknowledged
this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a Delaware limited liability company, on its behalf. 

 

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:      7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	14	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM5, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                        )

                       
                                 ) TO-WIT

 CITY/COUNTY OF
Henrico                                        
             ) 
 The foregoing instrument was acknowledged before me,
Diana Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of
______________________________ (a United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license
or a state issued identification card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a
Delaware limited liability company, on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:      7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	15	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM6, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                        )

                       
                                 ) TO-WIT

 CITY/COUNTY OF
Henrico                                        
             ) 
 The foregoing instrument was acknowledged before me,
Diana Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of
______________________________ (a United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license
or a state issued identification card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a
Delaware limited liability company, on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:      7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	16	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM8, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks 
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                    ) 

                       
                             ) TO-WIT 

CITY/COUNTY OF
Henrico                                        
         ) 
 The foregoing instrument was acknowledged before me, Diana
Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of ______________________________ (a
United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license or a state issued identification
card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a Delaware limited liability company,
on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:      7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

  

					
	CLB-106-VA (11/04)	  	17	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

[SIGNATURE PAGE] 
 WITNESS the due execution
hereof as a SEALED INSTRUMENT as of the date first written above. 
  

											
	BORROWER:	 		  		  		 	
					
	GPM9, LLC,	 		  		  		 	
	a Delaware limited liability company	 		  		  		 	
						
	By:	  	 /s/ Arie Kotler
	 	(SEAL)	  		  	 /s/ Eyal Nuchamovitz
	 	(SEAL)
	Name:	  	Arie Kotler	 		  		  	Signature of Witness	 	
	Title:	  	Chief Executive Officer	 		  		  		 	
		 		  		  	 Eyal Nuchamovitz
	 	
		 		  		  	Typed Name of Witness	 	
						
	By:	  	 /s/ Don Bassell
	 	(SEAL)	  		  	 /s/ Maury Bricks
	 	(SEAL)
	Name:	  	Don Bassell	 		  		  	Signature of Witness	 	
	Title:	  	CFO	 		  		  		 	
		 		  		  	 Maury Bricks
	 	
		 		  		  	Typed Name of Witness	 	

 ACKNOWLEDGMENT 

COMMONWEALTH OF
VIRGINIA                                    ) 

                       
                             ) TO-WIT 

CITY/COUNTY OF
Henrico                                        
         ) 
 The foregoing instrument was acknowledged before me, Diana
Avery____________________, Notary Public, this _21st_ day of December________________, 2016, by Arie Kotler and Don Bassell___________________, who have each presented identification of ______________________________ (a
United States Passport, a certificate of United States citizenship, a certificate of naturalization, an unexpired foreign passport, an alien registration card with photograph, a state issued driver’s license or a state issued identification
card or a United States military card), and voluntarily acknowledged this instrument as Chief Executive Officer and Chief Financial Officer___________________, respectively, of GPM Investments, LLC, a Delaware limited liability company,
on its behalf. 
  

	
	 /s/ Diana Avery

	Notary Public
	
	Registration Number:      7658379
	My commission expires: 12/31/2019
	
	Notary Seal (sharp, legible, reproducible)

 BANK USE ONLY 
  

			
	Authorization Confirmed:	  	  

		  	Signature

  

					
	CLB-106-VA (11/04)	  	18	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

EXHIBIT “A” 

Collateral 
  

							
	 Store
	  	 Address
	  	 City/County
	  	 Commonwealth/State

	3806	  	3200 Janie Glymph Goree Rd.	  	Union County	  	South Carolina
	3811	  	97 N. Church St.	  	Newberry County	  	South Carolina
	3814	  	800 Fairview St.	  	Greenville County	  	South Carolina
	3815	  	6726 Augusta Road	  	Greenville County	  	South Carolina
	3821	  	1013 N. Harper St.	  	Laurens County	  	South Carolina
	3822	  	549 John B. White Sr. Blvd.	  	Spartanburg County	  	South Carolina
	3826	  	4195 S. Pine St.	  	Spartanburg County	  	South Carolina
	3830	  	250 Garner Rd.	  	Spartanburg County	  	South Carolina
	3834	  	1400 Abbeville Hwy.	  	Greenwood County	  	South Carolina
	3837	  	529 Church St.	  	Laurens County	  	South Carolina
	3843	  	1315 Kendall Rd.	  	Newberry County	  	South Carolina
	3847	  	2538-A Two Notch Rd.	  	Columbia City; Richland County	  	South Carolina
	3849	  	1126 Main St.	  	Union County	  	South Carolina
	3850	  	715 Howard St.	  	Spartanburg County	  	South Carolina
	3851	  	1997 Nazareth Rd.	  	Spartanburg County	  	South Carolina
	3852	  	304 South Alabama Ave.	  	Spartanburg County	  	South Carolina
	3856	  	100 Middleton Way	  	Greenville County	  	South Carolina
	3860	  	5687 Chesnee Hwy.	  	Spartanburg County	  	South Carolina
	3869	  	6901 Dorchester Rd.	  	Charleston County	  	South Carolina
	3874	  	2751 Magnolia St.	  	Orangeburg County	  	South Carolina
	3876	  	450 Meeting St.	  	Lexington County	  	South Carolina
	3885	  	1107 North Jefferies Blvd.	  	Colleton County	  	South Carolina
	3886	  	17 Tecklenburg Ln.	  	Calhoun County	  	South Carolina
	3887	  	2267 Homestead Rd.	  	Orangeburg County	  	South Carolina
	3888	  	703 Wichman St.	  	Colleton County	  	South Carolina
	55	  	2600 East Main St	  	Richmond City	  	Virginia
	58	  	4454 John Tyler Highway	  	Williamsburg City; James City County	  	Virginia
	90	  	442 North Main Street	  	Lancaster County	  	Virginia
	91	  	2896 Northumberland Highway	  	Northumberland County	  	Virginia
	92	  	6010 Mary Ball Highway	  	Lancaster County	  	Virginia
	93	  	2009 Buckley Hall Road	  	Mathews County	  	Virginia
	94	  	901 McKinney Boulevard	  	Westmoreland County	  	Virginia
	409	  	1136 Old Airport Rd	  	Bristol City	  	Virginia
	471	  	1287 Highway 11 West	  	Sullivan County	  	Tennessee

  

					
	CLB-106-VA (11/04)	  	19	  	© M&T Bank, 2004

 AMENDED, RESTATED AND CONSOLIDATED 

CREDIT AGREEMENT 

SCHEDULE 2.E. 

Permitted Liens 

  

					
	CLB-106-VA (11/04)	  	20	  	© M&T Bank, 2004

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00316-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00316-of-00352.parquet"}]]