HomeMy WebLinkAbout2201 ~ . _ •
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th~ lands aad psrform such ~ervices as in it~i judga~snt ~?re neces-
e~cy in connection therewith. Operating Co~apany may perform the ~
, duties and service~ snumerated harain directly or m~?y contract
~ !or any or ail eervice$, materiale and equipment: Operatinq
; _ .~ComQany ia authori$ed to and may commence planting, developiaag~
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~ operatinq and maintaiaiag citrus qsovee on the land ima?ediately •y .
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I ~ upon the sxeeution of thie Agreement. ~
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s~ That Operating Company shall bill Owner for, atid Owner
ehall PaY: monthly, com~nencinq one month frota the date of the
- ~ execution of tbie Ac,~ceen?ent, all costs incurred by O}~eratiaq .
. G~oae~any in perfarminq ita duties as eet fortb abave. ~ Said coats ~
ehall include, but are not~limited tos intereet at the rate of ~
; 696 per annum upon sums expended by Operatixtg Co~no~ny~ or such -
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~ ~ rate of interest in excesa of 696 per a~nnum as. is grom time to
' ~ time required to -be paid by Oparatinq Co~apany for the purpose
~ r of performing its obligations under the Agreemesit: all operation,~ -
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~ ' denelopmentl maintenance, farming and other coste incurre8 by
. Opera~ing Con~any~ depreciation upon buildinge a~ equip~annent
awned by Operating CompaAY, and supervieion expeneesf a charqa
~ representing Operatinq Campany's aclminietrative, equipment and ~
all other overhead expenses with reepect to~performance o~ ~
Operating Com~any's.dutiee as aet forth above.
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- 1'hat owner'shall, ~or the duratioa o! this ~qresmeat, ~
. . ~narka~ all craps upon the land through Operati~ Con~aay ia ac- :
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cordaace xith Operatir~4 Cana~anY's sta:~dsrd markstinq aqrsemsnt, a:
. . copy o! a~hich is attached hereto as Bxhibit-"8" and made a part ~
hereo! by reference. . •
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