execution version amended and restatedobserver governance and confidentiality agreement zachary serebrenik and sunopta inc. april 24, 2020 april 24, 2020 table of contents article 1interpretation 1. 1 defined terms 2 1. 2 rules of construction 4 1. 3 amendment and restatement 5 1. 4 entire agreement 5 1. 5 time of essence 6 1. 6 governing law and submission to jurisdiction 6 1. 7 severability 6 1. 8 schedules 6 article 2observer rights 2. 1 appointment of observer 6 2. 2 observer rights 7 article 3observer obligations 3. 1 general duty to comply with director's obligations 8 3. 2 disclosure of conflicts of interest 8 3. 3 securities laws restrictions 8 3. 4 parent internal policies 8 article 4standstill 4. 1 standstill 9 article 5confidentiality 5. 1 obligation to keep confidential 10 5. 2 permitted use 10 5. 3 exclusions 10 5. 4 ownership 11 5. 5 disclosures by legal process 11 5. 6 return and destruction of confidential information 11 5. 7 survival 11 article 6miscellaneous 6. 1 notices 12 6. 2 amendments and waivers 13 6. 3 assignment 13 article 1interpretation 1. 1 defined terms 2 1. 2 rules of construction 4 1. 3 amendment and restatement 5 1. 4 entire agreement 5 1. 5 time of essence 6 1. 6 governing law and submission to jurisdiction 6 1. 7 severability 6 1. 8 schedules 6 article 2observer rights 2. 1 appointment of observer 6 2. 2 observer rights 7 article 3observer obligations 3. 1 general duty to comply with director's obligations 8 3. 2 disclosure of conflicts of interest 8 3. 3 securities laws restrictions 8 3. 4 parent internal policies 8 article 4standstill 4. 1 standstill 9 article 5confidentiality 5. 1 obligation to keep confidential 10 5. 2 permitted use 10 5. 3 exclusions 10 5. 4 ownership 11 5. 5 disclosures by legal process 11 5. 6 return and destruction of confidential information 11 5. 7 survival 11 article 6miscellaneous 6. 1 notices 12 6. 2 amendments and waivers 13 6. 3 assignment 13 - i - 6. 4 successors and assigns 13 6. 5 further assurances 13 6. 6 right to injunctive relief 13 6. 7 counterparts 14 6. 4 successors