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The pet pound solids prioe ~viU be bsaed upon ehilled juioe sales aad ~vitl be atrived at as [db~rs: The average net arrwunt rrceeved per '
galloo ot a!l t6e eldlled juiee add by /6e Buy~ between Deoembet 1 and Mareh 31 lafter tLe sbove deductions) will be multip6ed by the `
number at gallo~ns ~elded b~ aU ot tLe earb and midseasoa 6vit n~eeived from all sourees. Then. t6e per pouad aolids priee for all ~
suppliera equsl~r ~rill be arrived at b~ dividiag sue6 total prioe by tbe aumber ot pounda oi sdids in the toW galbna yielded. The amount j
owed by the Buyer to tbe Gro~rer for We e~ aad nnidsssson iruit ~n71 be thepnoe per pound oi solids thus snived a~ timea t6epounds of
sdids yie{ded b~r tlie ear~+ and midseseoo irtdt deliveral to and reeeiped br the Buyer 6~om the Gmwer. From this C~nal priee there s1uU
be dedneted. befaee papmenk an~ eost ot pid~ing. loading.a~~~g tbat may be due W tbe Buyar aad less any sdvsncea made and
less lt?e praportionate smount of aqy State ot Federal tax by We amount of fruit bonglit or prooes~e~d by Buyer. Payment dne at
sueh time vvill be made witAia t6irty (90) days d its determination.
In arriving at tbe priee for 1be seeond ategor~ ot fr~it deseribed above. that ia the bte aeaaoa truit, the same method shall be used.
except that it s6sll be bssed upon eh~7led juioe soW by the Byyer bet~veea April 1 and November ~0. ~
TF?e amount dt~e fac the two ategories sball be the fiaal prioe far all oranges reeeived by the Bu"yer fran t6e Grnwer ta~r t6e seasoa.
PrompUy after s determinatioa of such 6oa1 price. tbe parties shall. b~ payment, aettle the anaoants due betaeen them by Januuy 15 ot
the preceding arowing aeason. T6is agreesment wn1! be bindiag upon the Buyer only atter it haa been signed by oce of the Buyer'a ofiicers.
Any determination as to e4ssification. oe quantity of fruit reoeived. ar ss to galtoaage and/or poudds of ao~ida shall be as reported by
daily tests made by Flarida S4te Iaspeetas. stationed at the premises oi the Buyer. The Buyer is respoa~ible for aU juice irom the
Grower's truit as npaMed by said inspeetors snd Buyer will not deduet far spalage. breakag~e, or any otl~er loes of juice oeeurring after
the fruit has been reeeived and aoeepted br Buyer.
T6e Buyer will submit to the Grn~rer a figure determined by Buyer to bc t6e per pound of solids prioe for the season and the aumber
ot pounds ot sdids received 6nun t6e Grrnver as nported by U.S.D.A. daily report. T6e 6gurea submitted by Buyer will be certified to by a
C.P.A. firm.
Tbe writhin Agreement ia for three . g~n8 seasoas beginnin8 wi=b ihe 1977-1978 season and will be
continued t~jer~fter unt~7 one of the pu~ties gives to t6e ot6er notiee b~ ngistered or certitied mail of its iatention not to eoatinue for the
ne:t season stsrting Oetober 1. Fac sneh notioe to be eHectivQ. it must be sent ,not later than June 30 before the ne:t growiug season.
Grnwer may not validly send any aueh notioe wh~e Gro~wer is indtbted to Buyer. If after ihe 6na1 determination of amounts due between
the Q~riies it sLall develop that one oi t6e parties hento is indebted to the other. t6e foregoing ootioe o[ termiriation, if aent by t6e debtor,
shaq not be effeetive unt31 aaid debtor s~all mske full psymeqt to t6e creditor. T6e growing season sha~l be the period from October 1 ~
throug6 July 30 aieh year. - ;
Notvrithstanding the above. Buyer shall have the tight to increaae the deduetioa [or the openting erpeasea aa set fortA but only _to ~
the extent t6at such eosts ue incurred by Buyer. Buyer s6all notify Seller in advance of any growing aeason tbat such iacrease will be ~
deductcd.
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Gmwer warranta good titk to the groves desaibed in thia Agreement aad to ihe fruit produced in aaid grovea. with lawtul right to ~
enter into t6is Agreement ud Grower wsrraats that tbe fruit wiU be free of any and all liens aod c4ims. The iadividuaL4 signing this ,
Agreemeat oo be6alt oi the Grmver represent that they have authority to do so. ~
~ W. C. (~tAYBS, III ~
Witnes.cesv i:, ~ : SiRnatures: ~
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~ ~ ! • • ~ ~ Grow•er or hi+ Authorized Agent ~ .
Route 1, Box 257
~ Address
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_ Vero Beach, Florida 32960
TH~S (NS RUMENT PREp~rt~ As own~r of the .~Fw»-e Rrove, I join in the action ot the
• independent dcaler who signed the ~bove ag "grower:'
incladinq alt repreaentation, aRreements and recripts.
Payment for the fruit may be made by the buyer directly
PRODUCTS~ ~NC. lo the dealer.
P. 0. 8JX 338
, FLORf DA 3$~ Owner -
. TROPICANA PRODUC'TS, INC.
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