SECOND LIEN CANADIAN SECURITY AGREEMENT Dated as of October 20, 2016 from THE GRANTORS REFERRED TO HEREIN to as Notes Collateral AgentSecond Lien Canadian Security Agreement • October 26th, 2016 • SunOpta Inc. • Wholesale-farm product raw materials • Ontario
This SECOND LIEN CANADIAN SECURITY AGREEMENT (this “Canadian Security Agreement”) is entered into as of October 20, 2016, by and among SUNOPTA INC., a Canadian corporation and the direct parent company of the Issuer (as defined below) (the “Company”), SUNOPTA INVESTMENTS LTD. (“SunOpta Investments”) and certain other Canadian Subsidiaries (as defined below) of the Company from time to time party hereto (each a “Subsidiary Grantor” and, collectively, the “Subsidiary Grantors”; the Subsidiary Grantors, together with the Company and SunOpta Investments, collectively, the “Grantors”) and U.S. BANK NATIONAL ASSOCIATION, in its capacity as collateral agent for the Notes Secured Parties (as defined in the Indenture referred to below) (in such capacity, the “Notes Collateral Agent”; as further defined in the Indenture referred to below).
