PAYOUT AND RELEASE AGREEMENTPayout and Release Agreement • July 19th, 2021 • Clever Leaves Holdings Inc. • Pharmaceutical preparations • British Columbia
RE: The Notes (as such term is defined in the amended and restated intercreditor and collateral agency agreement dated May 10, 2019 (the “Intercreditor Agreement”)) among, the Company, as issuer, GLAS Americas LLC (the “Collateral Agent”), as collateral agent, the Paying Agent, as paying agent, and the noteholders party thereto from time to time
