Common use of BORROWERS AND GUARANTORS Clause in Contracts

BORROWERS AND GUARANTORS. GAGE GROWTH CORP., a Canadian federal corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Officer GAGE INNOVATIONS CORP., a Canadian federal corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Officer COOKIES RETAIL CANADA CORP., a Canadian federal corporation By: s/s M▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: M▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Its: President RIVERS INNOVATIONS, INC., a Delaware corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory RIVERS INNOVATIONS US SOUTH LLC, a Delaware limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory RI SPE 1 LLC, a Delaware limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS CORPORATION, a Michigan corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS HOLDINGS, LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS SERVICES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS PROPERTIES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS LICENSING LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory WDB HOLDING MI, INC., a Delaware corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Officer AEY HOLDINGS, LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory KISA ENTERPRISES MI INC., a Michigan corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory STADIUM VENTURES INC., a Michigan corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory THRIVE ENTERPRISES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Person By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Person By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory LENDERS: By: /s/ H▇▇▇▇▇ ▇▇▇▇▇ Name: H▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory INTREPID CAPITAL FUND By: /s/ H▇▇▇▇▇ ▇▇▇▇▇ Name: H▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory 21025800V.5 As amended by that certain J▇▇▇▇▇▇, First Amendment to Credit Agreement and Security Agreements and Consent dated as of August 10, 2022 and by that certain J▇▇▇▇▇▇ and Second Amendment to Credit Agreement and Security Agreements dated as of November 29, 2022. 21029590V.1 SECTION 1.01 Defined Terms 1

BORROWERS AND GUARANTORS. GAGE GROWTH CORP., a Canadian federal corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Executive Officer GAGE INNOVATIONS CORP., a Canadian federal corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Officer President COOKIES RETAIL CANADA CORP., a Canadian federal corporation By: s/s M▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: M▇▇▇▇▇ ▇▇▇Hilton S▇▇▇▇▇▇ Its: President Secretary and Treasurer RIVERS INNOVATIONS, INC., a Delaware corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory RIVERS INNOVATIONS US SOUTH LLC, a Delaware limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory RI SPE 1 LLC, a Delaware limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Credit Agreement 21029590V.1 SPARTAN PARTNERS CORPORATION, a Michigan corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Secretary SPARTAN PARTNERS HOLDINGS, LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS SERVICES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS PROPERTIES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Credit Agreement 21029590V.1 SPARTAN PARTNERS LICENSING LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory WDB HOLDING MI, INC., a Delaware corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Officer AEY HOLDINGS, LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory KISA ENTERPRISES MI INC., a Michigan corporation Credit Agreement 21029590V.1 By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ By: Name: Its: Authorized Signatory STADIUM VENTURES INC., a Michigan corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory THRIVE ENTERPRISES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Credit Agreement 21029590V.1 CHICAGO ATLANTIC ADMIN, LLC By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Person By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Person By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory LENDERS: By: /s/ HCredit Agreement 21029590V.1 CHICAGO ATLANTIC REAL ESTATE FINANCE, I▇▇.▇▇▇▇▇ ▇▇▇, LLC By: Name: P▇▇▇▇ Name: H▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory INTREPID CAPITAL FUND Credit Agreement 21029590V.1 CHICAGO ATLANTIC CREDIT OPPORTUNITIES, LLC By: /s/ H▇Name: P▇▇▇▇ ▇▇▇▇▇ Name: H▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory 21025800V.5 As amended by that certain J▇▇▇▇▇▇, First Amendment to Credit Agreement and Security Agreements and Consent dated as of August 1021029590V.1 IA CLARINGTON FLOATING RATE INCOME FUND, 2022 and by that certain J▇▇▇▇▇▇ and Second Amendment to its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: IA CLARINGTON CORE PLUS BOND FUND, by its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: IA CLARINGTON U.S. DOLLAR FLOATING RATE INCOME FUND, by its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: KJH SENIOR LOAN FUND, by its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: Credit Agreement and Security Agreements dated as of November 29, 2022. 21029590V.1 SECTION 1.01 Defined Terms 1BLACK MAPLE CAPITAL PARTNERS LP By: Name: Title: EXODUS ACQUISITION LLC By: Name: Title: Credit Agreement 21029590V.1 WHITEHAWK FINANCE LLC By: Name: Title: Credit Agreement 21029590V.1 INTREPID INCOME FUND By: Name: Title: INTREPID CAPITAL FUND By: Name: Title

BORROWERS AND GUARANTORS. GAGE GROWTH CORP., a Canadian federal corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Executive Officer GAGE INNOVATIONS CORP., a Canadian federal corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Officer President COOKIES RETAIL CANADA CORP., a Canadian federal corporation By: s/s MName: H▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: M▇▇▇▇▇ ▇▇▇S▇▇▇▇▇▇ Its: President Secretary and Treasurer RIVERS INNOVATIONS, INC., a Delaware corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory RIVERS INNOVATIONS US SOUTH LLC, a Delaware limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory RI SPE 1 LLC, a Delaware limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Credit Agreement 21029590V.1 SPARTAN PARTNERS CORPORATION, a Michigan corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Secretary SPARTAN PARTNERS HOLDINGS, LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS SERVICES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory SPARTAN PARTNERS PROPERTIES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Credit Agreement 21029590V.1 SPARTAN PARTNERS LICENSING LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory WDB HOLDING MI, INC., a Delaware corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Chief Financial Officer AEY HOLDINGS, LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory KISA ENTERPRISES MI INC., a Michigan corporation Credit Agreement 21029590V.1 By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ By: Name: Its: Authorized Signatory STADIUM VENTURES INC., a Michigan corporation By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory THRIVE ENTERPRISES LLC, a Michigan limited liability company By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: K▇▇▇▇ ▇▇▇▇▇▇▇▇ Its: Authorized Signatory Credit Agreement 21029590V.1 CHICAGO ATLANTIC ADMIN, LLC By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Person By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Person By: /s/ P▇▇▇▇ ▇▇▇▇ Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory LENDERS: Credit Agreement 21029590V.1 CHICAGO ATLANTIC REAL ESTATE FINANCE, I▇▇.▇▇▇▇▇▇▇, LLC By: /s/ HName: P▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory Credit Agreement 21029590V.1 CHICAGO ATLANTIC CREDIT OPPORTUNITIES, LLC By: Name: P▇▇▇▇ ▇▇▇▇ Title: Authorized Signatory Credit Agreement 21029590V.1 IA CLARINGTON FLOATING RATE INCOME FUND, by its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: IA CLARINGTON CORE PLUS BOND FUND, by its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: IA CLARINGTON U.S. DOLLAR FLOATING RATE INCOME FUND, by its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: KJH SENIOR LOAN FUND, by its subadvisor, Wellington Square Capital Partners Inc. By: Name: Title: Credit Agreement 21029590V.1 BLACK MAPLE CAPITAL PARTNERS LP By: Name: Title: EXODUS ACQUISITION LLC By: Name: Title: Credit Agreement 21029590V.1 WHITEHAWK FINANCE LLC By: Name: Title: Credit Agreement 21029590V.1 INTREPID INCOME FUND By: Name: Title: INTREPID CAPITAL FUND By: Name: Title 21029590V.1 Credit Agreement 21029590V.1 Lender Commitment Closing Date Loans Second Amendment Date Loans Pro Rata Portion Chicago Atlantic Real Estate Finance, I▇▇.▇▇▇▇▇▇▇, LLC $10,600,000 $13,100,000 19.2727270052.40% Chicago Atlantic Credit Opportunities, LLC $4,400,000 $4,400,000 8.0000000017.60% IA Clarington Floating Rate Income Fund $6,600,000 N/A (Departing Lender) N/A 12.00000000%(Departi ng Lender) IA Clarington Core Plus Bond Fund $4,700,000 N/A (Departing Lender) N/A 8.545455000%(Departi ng Lender) IA Clarington U.S. Dollar Floating Rate Income Fund $210,000 N/A (Departing Lender) N/A 0.381818000%(Departi ng Lender) KJH Senior Loan Fund $1,490,000 N/A (Departing Lender) N/A 2.709091000%(Departi ng Lender) Intrepid Income Fund $12,000,000 $6,500,000 21.8181820026.00% Intrepid Capital Fund $1,000,000 $1,000,000 1.818182004.00% Black Maple Capital Partners LP $2,000,000 N/A (Departing Lender) N/A 3.63636400%(Departin g Lender) Exodus Acquisition LLC $2,000,000 N/A (Departing Lender) N/A 3.63636400%(Departin g Lender) WhiteHawk Finance LLC $10,000,000 N/A (Departing Lender) N/A 18.18181800%(Departi ng Lender) TOTAL $55,000,000.00 $25,000,000.00 100.00000000% 21029590V.1 7▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇ Attention: F▇▇▇▇▇ ▇▇▇▇▇▇ Email: f▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇ with copies to: D▇▇▇▇▇▇▇▇ W▇▇▇▇▇ PLLC Suite 4000 Detroit, MI 48226 Attention: M. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Email: m▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇@d▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Chicago Atlantic Admin, LLC 4▇▇ ▇ ▇▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇ Chicago, IL 60611 Attention: Loan Department Email: r▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇@c▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ K▇▇▇▇▇▇▇▇▇ T▇▇▇▇▇▇▇ & S▇▇▇▇▇▇▇ LLP 1▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇ Atlanta, Georgia 30309 Attention: S▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Email: s▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇@k▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ At its address or facsimile number set forth in its Administrative Questionnaire. 21029590V.1 Style name: LMP Default Intelligent Table Comparison: Active Original DMS: iw://DMSUS/US2008/21029590/1 Modified DMS: iw://DMSUS/US2008/21029590/7 Changes: Add 477 Delete 360 Move From 8 Move To 8 Table Insert 13 Table Delete 1 Table moves to 0 Table moves from 0 Embedded Graphics (Visio, ChemDraw, Images etc.) 0 Embedded Excel 0 Format changes 0 Total Changes: 867 21025800V.5 A▇▇ Arbor #2 Closed $7,000,000 2▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇. ANN ARBOR, MI 48103 Closed December 17, 2021 $250k on signing, $1.75M upon city endorsing MRA Attestation 2-C, $5M in Note paid in 36 months @ 6% APR. / Note will be secured with the purchased asset. Detroit #2 (Store) Closed $3,900,000 1▇▇▇▇ ▇. ▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Closed November 23, 2021 $10k deposit paid. $1.5M down at closing, deposit applied to down payment. Land contract: $2.4M, 48 months @ 4% APR. / Land contract secured with the property. Detroit #2 (Parking Lot) Closed $250,000 1▇▇▇▇ ▇. ▇ ▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Closed November 23, 2021 $250k at closing. Closing to occur simultaneously with closing of 1▇▇▇▇ ▇. ▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ Operator (5 operational stores) Closed $28,500,000 See below Closed August 22, 2022 $10M on closing, $8.5M shares issued, $10M seller take-back notes @ 6% for 5 years. / Negotiating notes to be unsecured. Store #▇ ▇▇▇ ▇ ▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Closed August 22, 2022 Store #▇ ▇▇▇ ▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Closed August 22, 2022 Store #▇ ▇▇▇ ▇ ▇▇▇▇ ▇▇., ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Closed August 22, 2022 Store #▇ ▇▇▇ ▇ ▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Closed August 22, 2022 Gage Growth Corp. Gage Innovations Corp. 34,491,701 100% Y (No. 3) Cookies Retail Canada Corp. 32,000,000 80% Y (C-11) Gage Innovations Corp. Rivers Innovations, Inc. 1000 100% Y (No. 3) Rivers Innovations, Inc. Rivers Innovations US South LLC -- 100% N Rivers Innovations US South LLC RI SPE 1 LLC -- 100% N RI SPE 1 LLC Cascade Sciences, LLC (formerly Mass2Media, LLC) -- 8% N Spartan Partners Corporation Spartan Partners Holdings, LLC -- 100% N Spartan Partners Holdings, LLC Spartan Partners Properties LLC -- 100% N Spartan Partners Services LLC -- 100% N Spartan Partners Licensing LLC -- 100% N Mayde US LLC -- 100% N WDB Holding MI, Inc. Spartan Partners Corporation 35,578 100% Y (No. 2 & 3) KISA Enterprises MI Inc. 1,000 100% N AEY Holdings LLC -- 100% N Thrive Enterprises LLC -- 100% N AEY Holdings LLC Stadium Ventures, Inc. 100 100% Y (No. 1, 2 & 3) RKD Ventures, LLC1 -- 51% N 1 Excluded Subsidiary Schedule 7.13 - Intellectual Property, Licenses, Etc. • BLDI Phase I Environmental Site Assessment for 4▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Township, MI dated July 17, 2020. • BLDI Phase I Environmental Site Assessment for 4▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Township, MI dated February 26, 2021. • BLDI Phase I Environmental Site Assessment for 2▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, MI dated January 25, 2021. • BLDI Phase II Environmental Site Assessment for 2▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, MI dated January 25, 2021. • BLDI Phase I Environmental Site Assessment for 3▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, MI dated July 7, 2020. • BLDI Phase I Environmental Site Assessment for 4174 and 4▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, Mt. M▇▇▇▇▇ Township, MI dated May 4, 2021, Baseline Environmental Assessment dated August 9, 2021, DDCC dated August 9, 2021. • BLDI Phase I Environmental Site Assessment for S. 7 Mile Monitor Township dated September 30, 2020. • BLDI Phase I Environmental Site Assessment for 3▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ dated July 2020. • BLDI Phase I Environmental Site Assessment for 1▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Avenue, River Rouge, MI dated May 2021; Phase II dated May 2021; BEA dated May 2021; and DDCC dated July 2021. • BLDI Phase I Environmental Site Assessment for 7 & ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ dated October 2020; Phase II dated May 2021; Baseline Environmental Assessment dated May 2021; DDCC dated July 2021. • BLDI Phase I Environmental Site Assessment for 2704-2▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ dated July 2020. • BLDI Phase I Environmental Site Assessment for 3821 & 3▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ dated October 2018; Phase II dated January 2019; Baseline Environmental Assessment dated January 2019. • BLDI Phase I Environmental Site Assessment for 1▇▇▇▇ ▇ ▇ ▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ dated August 2021; Phase II dated October 4, 2021. • BLDI Phase I Environmental Site Assessment for 716-8▇▇ ▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ dated September 2021, Phase II dated December 30, 2021. • BLDI Phase I and Phase II Environmental Site Assessment for 23424, 23436, 23494 A▇▇▇▇, ▇▇▇▇▇▇, MI 48089 dated January 2022, DDCC dated July 25, 2022. • BLDI Phase I Environmental Site Assessment for 1▇▇ ▇. ▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇▇, MI 49220 dated March 3 2022; Phase II dated May 26, 2022; BEA dated August 11, 2022. • BLDI Phase I Environmental Site Assessment for 2▇▇ ▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ dated March 7 2022; Phase II dated April 27, 2022. • BLDI Phase I Environmental Site Assessment for 4▇▇ ▇. ▇▇▇▇ ▇▇. ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ dated February 28, 2022; Phase II dated April 15, 2022; DDCC dated September 21, 2022. • BLDI Phase I Environmental Site Assessment for 8▇▇ ▇. ▇▇▇▇ ▇▇. Morenci, MI 49256 dated March 3 2022; Phase II dated June 2, 2022. • BLDI Phase I Environmental Site Assessment for 1▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇., Coleman, MI 48618 dated August 18, 2022. Schedule 7.14 - Environmental Warranties Spartan Partners Services LLC 8▇▇ ▇. ▇▇▇ ▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇ ▇▇▇ & ▇▇▇, ▇▇▇▇, ▇▇ ▇▇▇▇▇ Oakland MI L Troy 888, LLC 8▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇. Ste. 2▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: HC▇▇▇▇▇ ▇▇▇▇▇▇▇ Spartan Partners Properties LLC 23424, 23436, 2▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Macomb MI 3 N/A Spartan Partners Properties LLC 3425 MLK JR. BLVD., LANSING, MI 48910 I▇▇▇▇▇ MI L Koach Lansing I LLC 4▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: S▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Spartan Partners Properties LLC 3 ▇▇▇▇▇ ▇▇▇▇ ▇▇., ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Bay MI L4 Strategic Koach Properties, LLC c/o Koach Capital LLC 3▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: S▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Spartan Partners Properties LLC 2▇▇▇ ▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Kalamazoo MI L Strategic Koach Properties, LLC c/o Koach Capital LLC 3▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: S▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Spartan Partners Properties LLC 1▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Grand Traverse MI L Strategic Koach Properties, LLC c/o Koach Capital LLC 3▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: S▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Spartan Partners Properties LLC 3▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Title▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇ L K▇▇▇▇ ▇▇ I LLC c/o Koach Capital LLC 2 Status designations for 2(b): O: Authorized Signatory INTREPID CAPITAL FUND Byowned; A: /s/ Hownership is in the process of being acquired; L: leased; LC: subject to a Land Contract for which a portion of the purchase price remains outstanding. 4 Borrower is exploring options with Koach for terminating this lease, as revenue projections do not justify capex to finish the buildout plus Koach lease payments. Schedule 7.15 - Ownership of Properties 3▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: S▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Spartan Partners Properties LLC 1▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Oakland MI L Strategic Koach Properties, LLC c/o Koach Capital LLC 3▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: S▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Spartan Partners Properties LLC 4▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇., MI 48045 Macomb MI LC N/A Spartan Partners Properties LLC 1▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ AVE., RIVER ROUGE, MI 48218 Wayne MI LC5 N/A Spartan Partners Properties LLC 7 & ▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Name: H▇▇ LC6 N/A Spartan Partners Properties LLC 2▇▇▇ & ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Kalamazoo MI LC N/A Spartan Partners Properties LLC 4▇▇▇ & ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ RD., F▇▇▇▇, MT. M▇▇▇▇▇ TWP., MI Genesee MI LC7 N/A Spartan Partners Properties LLC 4▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ Title: Authorized Signatory 21025800V.5 As amended by that certain J▇▇▇., MI 48045 Macomb MI O N/A Spartan Partners Properties LLC 3▇▇ ▇▇▇▇▇▇▇, First Amendment to Credit Agreement and Security Agreements and Consent dated as of August 10▇▇▇ ▇▇▇▇, 2022 and by that certain J▇▇ ▇▇▇▇▇ Bay MI O N/A Spartan Partners Properties LLC 2▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Macomb MI O N/A Spartan Partners Properties LLC 3▇▇▇ & ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ O N/A Spartan Partners Properties LLC S. 7 ▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇ O N/A 5 Termination of this Land Contract is being negotiated with the owner and Second Amendment is expected to Credit Agreement and Security Agreements dated as of November 29, 2022. 21029590V.1 SECTION 1.01 Defined Terms 1close Q1 2023.