EXHIBIT 10.55
GOODNESS GROWTH HOLDINGS, INC.
INCENTIVE STOCK OPTION AGREEMENT
Name of Optionee:Kyle Kingsley
Number of Shares:5,100,821 Subordinate Voting Shares
Date of Grant:January 4, 2023
Exercise Price per Share:USD$0.33
Expiration Date:May 1, 2028 (5:00 p.m., Central Time)
Vesting and Exercise: 100% of the Shares covered by the Option are immediately exercisable and vested upon grant.
This is an Incentive Stock Option Agreement (the “Agreement”), by and between Goodness Growth Holdings, Inc., a British Columbia corporation formerly known as Vireo Health International, Inc., and successor to Vireo Health, Inc. (the “Company”), and the optionee identified above (“Optionee”), entered into and effective as of date of grant identified above (the “Grant Date”). Any capitalized term that is not defined in this Agreement shall have the meaning set forth in the Plan as it currently exists or as it is amended in the future.
this Agreement by electronic means and request Optionee’s acceptance of this Agreement by electronic means. Optionee hereby consents to receive all applicable documentation by electronic delivery and to participate in the Plan through an on-line (and/or voice activated) system established and maintained by the Company or the Company’s third-party stock plan administrator.
[Signature Page Follows]
The parties hereto have executed this Agreement effective as of the Grant Date.
GOODNESS GROWTH HOLDINGS, INC.
By:/s/ John Heller
John Heller
Its:Chief Financial Officer
By execution of this Agreement, Optionee acknowledges having | | OPTIONEE /s/ Kyle Kingsley Kyle Kingsley |