Incremental Assumption Agreement and Amendment No. 2 to Credit Agreement Sample Contracts

INCREMENTAL ASSUMPTION AGREEMENT AND AMENDMENT NO. 2 TO CREDIT AGREEMENT
Incremental Assumption Agreement and Amendment No. 2 to Credit Agreement • May 8th, 2025 • Krispy Kreme, Inc. • Retail-food stores • New York

INCREMENTAL ASSUMPTION AGREEMENT AND AMENDMENT NO. 2 TO CREDIT AGREEMENT, dated as of May 7, 2025 (this “Agreement”), by and among Krispy Kreme, Inc., a Delaware corporation (“PubCo”), Cotton Parent, Inc., a Delaware corporation (“Holdings”), Krispy Kreme Doughnuts, Inc., a North Carolina corporation (the “Parent Borrower”), the other Loan Parties party hereto, the Second Amendment Incremental Term Lender (as defined below) and BNP Paribas, as administrative agent (in such capacity, the “Administrative Agent”).