PROMISSORY NOTE AND PLEDGE AGREEMENTPromissory Note and Pledge Agreement • February 4th, 2022 • Massachusetts
Contract Type FiledFebruary 4th, 2022 JurisdictionFOR VALUE RECEIVED, 4Front Ventures Corp., a corporation amalgamated under the laws of the Province of British Columbia, Canada (“4Front” or “Maker”), promises to pay to the order of Kenneth V. Stevens, an individual residing in the Commonwealth of Massachusetts (“Holder”), or his permitted transferees or assigns, in lawful money of the United States of America and in immediately available funds, the aggregate principal amount of Two Million Dollars and No/100 Cents (USD$2,000,000.00), together with interest thereon calculated as provided below, in accordance with, and subject to, the provisions of this Promissory Note and Pledge Agreement (this “Note and Pledge”).