SEC Contract Filing

Filing Date: 2022-03-15

Document Content:
<DOCUMENT>
<TYPE>EX-10.38
<SEQUENCE>2
<FILENAME>gdnsf-20211231xex10d38.htm
<DESCRIPTION>EX-10.38
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge 9.11.0.85--><!--Created on: 3/14/2022 09:52:43 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:11.76%;padding-right:11.76%;position:relative;"><div style="margin-top:30pt;min-height:21.6pt;width:100%;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:right;margin:0pt;"><b style="font-family:'Times New Roman','Times','serif';font-weight:bold;">Exhibit 10.38</b></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:center;margin:0pt 0pt 18pt 0pt;"><b style="font-family:'Times New Roman','Times','serif';font-weight:bold;text-decoration:underline;text-decoration-color:#000000;">FOURTH AMENDMENT TO CREDIT AGREEMENT</b></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;line-height:1.19;text-align:justify;margin:0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"></font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">This FOURTH AMENDMENT TO CREDIT AGREEMENT (this &#8220;</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:italic;font-weight:bold;">Amendment</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;) is made as of &#160;March 3, 2022 (the &#8220;</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:italic;font-weight:bold;">Effective Date</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;), among GOODNESS GROWTH HOLDINGS, INC. (formerly known as Vireo Health International, Inc.), a British Columbia corporation (&#8220;</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:italic;font-weight:bold;">Parent</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;)</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">, the other Borrowers (as defined in the hereinafter-defined Credit Agreement and including, for the avoidance of doubt, EHF Cultivation Management LLC, an Arizona limited liability company), the Lenders (as defined in the Credit Agreement) party hereto, and CHICAGO ATLANTIC ADMIN, LLC, a Delaware limited liability company, as administrative agent (in such capacity, together with its successors and assigns in such capacity, &#8220;</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:italic;font-weight:bold;">Administrative Agent</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;) and as collateral agent (in such capacity, together with its successors and assigns in such capacity, &#8220;</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;font-style:italic;font-weight:bold;">Collateral Agent</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;, and together with Administrative Agent, collectively, &#8220;</font><u style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-decoration:underline;text-decoration-color:#000000;">Agents</u><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221; and each, an &#8220;</font><u style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-decoration:underline;text-decoration-color:#000000;">Agent</u><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;)</font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">. </font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;line-height:1.19;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;line-height:1.19;text-align:center;margin:0pt;"><u style="font-family:'Times New Roman','Times','serif';text-decoration:underline;text-decoration-color:#000000;">RECITALS</u></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;line-height:1.19;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;line-height:1.19;text-align:justify;margin:0pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:36pt;"></font><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">WHEREAS, reference is made to that certain Credit Agreement dated as of March 25, 2021, as amended by that certain Omnibus First Amendment to Credit Agreement and Security Agreement dated as of November 1, 2021 (the &#8220;</font><u style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-decoration:underline;text-decoration-color:#000000;">First Amendment</u><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;), that certain Second Amendment to Credit Agreement dated as of November 18, 2021, and &#160;that certain Third Amendment to Credit Agreement dated as of January 31, 2022 (the &#8220;</font><u style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-decoration:underline;text-decoration-color:#000000;">Third Amendment</u><font style="font-family:'Times New Roman','Times','serif';font-size:11pt;">&#8221;; the Credit Agreement, as amended by the First Amendment, the Second Amendmen