Sovos Brands : Acquisition/Asset Disposal - Form 8-K

Item 1.02. Termination of a Material Definitive Agreement.

In connection with the consummation of the Merger (defined below), on March 12, 2024, the Company repaid in full all outstanding amounts under the First Lien Credit Agreement, dated as of June 8, 2021, as amended by that certain Amendment No. 1, dated June 28, 2023, by and among Sovos Brands Intermediate, Inc., Sovos Brands Holdings, Inc., the financial institutions party thereto and Credit Suisse AG, Cayman Islands Branch, as Administrative Agent, and all financing-related documents (the "Credit Agreement"), and terminated the Credit Agreement and all commitments by the lenders to extend further credit thereunder.

A copy of the Credit Agreement was filed as Exhibit 10.1 to the Company's Registration Statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC") on August 27, 2021 (the "2021 S-1"). A copy of that certain Amendment No. 1 to the Credit Agreement was filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q filed with the SEC on August 9, 2023 (the "2023 10-Q"). The description of the Credit Agreement contained in this Current Report on Form 8-K is qualified in its entirety by reference to the copy of the Credit Agreement filed as Exhibit 10.1 to the 2021 S-1 and the copy of the Amendment No. 1 filed as Exhibit 10.1 to the 2023 10-Q.