Item 2.04. Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an O?-Balance Sheet Arrangement.

On February 18, 2022, Crestmark Bank ("Crestmark") issued to Youngevity International, Inc. (the "Company") a notice regarding certain Defaults, as defined in the Amended and Restated Loan and Security Agreement dated November 16, 2017, by and between Crestmark, CLR Roasters, LLC ("Borrower") and the Company, Stephan R. Wallach and David Briskie, as Guarantor (the "Guarantors"), as amended (the "Loan Agreement'), existing under the Loan Agreement and Loan Documents (as defined in the Loan Agreement). The Loan Documents include a Second Amended and Restated Promissory Note issued to Crestmark Bank on January 19, 2022, in the principal amount of $3,000,000 (the "Second Amended and Restated Promissory Note"). The Defaults were stated to include, but not be limited to, Borrower's failure to provide the quarter1y Management Prepared Financial Statements for the quarters ended September 30, 2021, and December 31, 2021, as set forth in Section 13 of the Schedule to the Loan Agreement. As a result of these Defaults, Crestmark has the right to charge the Extra Rate defined in, the Loan Documents, and had the right to accelerate the indebtedness, and to enforce any other right or remedy set forth in the Loan Documents and under applicable law.

On April 4, 2022, the Company, Borrower and the Guarantors entered into a Forbearance Agreement with Crestmark (the "Forbearance Agreement") pursuant to which Crestmark agreed to forbear from collection action under the Loan Documents until the earlier of June 30, 2022, or the occurrence of a new Default.

A copy of the Loan Agreement, as amended, the Second Amended and Restated Promissory Note and the Forbearance Agreement are attached as Exhibits 10.1, 10.2, 10.3, 10.4 and 10.5 to this Current Report on Form 8-K and are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





  (d) Exhibits.




Exhibit    Description
Number

  10.1     Loan and Security Agreement
           with Crestmark Bank and
           related schedules dated
           November 16, 2017
           (incorporated herein by
           reference to Exhibit 10.43 to
           the Company's Annual Report on
           Form 10-K, File No. 000-54900,
           filed with the Securities and
           Exchange Commission on March
           30, 2018)
  10.2     Amendment No. 1 to the Loan
           and Security Agreement with
           Crestmark Bank, dated December
           29, 2017 (incorporated herein
           by reference to Exhibit 10.44
           to the Company's Annual Report
           on Form 10-K, File No.
           000-54900, filed with the
           Securities and Exchange
           Commission on March 30, 2018)
  10.3     Amendment No.2 to the Loan and
           Security Agreement with
           Crestmark Bank, dated January
           19, 2022
  10.4     Second Amended and Restated
           Promissory Note issued to
           Crestmark Bank, dated January
           19, 2022
  10.5     Forbearance Agreement with
           Crestmark Bank, dated April 4,
           2022

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