Waiver dated July 1, 2023

Contract Categories: Business Finance - Waiver Agreements
EX-10.4 5 tm2320714d1_ex10-4.htm EXHIBIT 10.4

Exhibit 10.4

 

 

Trees Corporation

215 Union Boulevard, Suite 415 

Lakewood, CO 80228

 

July 1, 2023

 

Allyson Feiler Downing 

Loree Schwartz

 

Re:      Waiver (Non-Compete; Non-Solicit)

 

Each of TREES Corporation (“CANN”) and Green Tree Colorado, LLC (“Buyer”, and together with CANN, “Trees”) acknowledge and agree to, effective upon the execution of this letter agreement, irrevocably waive Section 5.8 of the Asset Purchase Agreement, dated as of September 13, 2022, as amended, by and among Trees, Allyson Feiler Downing (“Downing”), Loree Schwartz (“Schwartz”) and various other parties thereto as such section applies to Downing and Schwartz, directly or indirectly (the “Waiver”).

 

 Sincerely,
  TREES Corporation
   
  By: /s/ Adam Hershey
    Adam Hershey
    Interim CEO
     
  Green Tree Colorado, LLC
   
  By: /s/ Adam Hershey
    Adam Hershey
    Interim CEO

 

Agreed and Acknowledged:  
   
Allyson Feiler Downing  
   
/s/ Allyson Feiler Downing  
   
Loree Schwartz  
   
/s/ Loree Schwartz