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• The per tr~und solidsrice will Irc bn«rd upon chilled juice sales ~~nd will be arrived nt as fi?Ilows: The avrragr net amount recetived per
KAliu» ai ale the chill juice sold by the Buyer between December I and Msrch•a 1 (after the above deductia~s) will ib multiplied by the
number of gallons jrirlded by all of the early and mideeason [roil received from all sources. Then. the per pound solids pricx for ell
suppliers eggally will be arrived at by dividing such trial price by the number of pounds of solids in the total gallons yielded_ The amount
owed by the Buyer to the Grower for the early and midseason fruit will be the price per pound olsolids thw arrived at. times the pounds of
. amide y fielded by the early and midseason fruit delivered b and received by the Buyer from the Grower. Fmm this final price there shall
tK• deducted, before payment, any cost otpicking loading, or transporting that may be due to the Buyer and less any advances made and
leas the proportionate amount of any State or Fe~eral tax measured by the amount of fruit bought or prabssed by Buyer. Payment due at
such time will be made within thirty (30) days of its determination.
in arriving at the price for the second category of fruit described above. that is the late season fruit. the same method shall be used,
except that it shall be based upon chilled juice sold by the Buyer between April 1 and November 30.
The amount due for the two categories shall be the final price for all oranges received by the Buyer from the Grower for the season.
Promptly after a determination of such final price, the parties shall, by payment, settle the amounts due between them by January 15of
the preceding growing season. This agreement will be binding upon the Buyec only after it has been signed by one of the Buyer's officer.
Any determination as W classification, or quantity of fruit received, or as to gallonage and/or pounds of solids shall be as reported by
daily teats made by Florida State Inspectors, stationed at the premises of the Buyer. The Buyer is responsible for all juice from the
Grower s fruit as reported by said inspectors and Buyer will not deduct for spoilage. breakage, or any other loss of juice oocarring after
the fruit has been received and aoaepted by Buyer.
The Buyer will submit to the Grower a figure determined by Buyer to be the per pound of solids price for the season and the number of
pounds of solids received from the Grower as reported by U.S.D.A. daily report. The figures submitted by Buyer will br certified to by a
C.P.A. firm.
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The. within Agreement is to three growing seasons beginning with the 1978.1979 ,wa•on and will be
continued thereafter until one the parties gives to the other notice by registered or certified mail of its intention not to continue for the
next season starting October For such notice b be effective. it must be sent not later than June 30 before the next growing season.
grower may not validly send any such notict while Grower is indebted to Buytr. If afterthe final determination of amounts due between
the parties it shall develop that one of the parties hereto is indebted to the other, the foregoing noticeof termination, if sent by the debtor,
shall not be effective until said debtor shall make full payment to the creditor. The growing season shall be the period from October 1
through July 30 each year.
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Nolwithstanding~he above, Buyer shall have the right to increase the deduction [or the operating expenses-asset forth but only to the
~•xtent that such•oosta are incurred by Buyer. Buyer shall notify Seller in advance of any growing season that such increase will be
i deducted. - -
Grower warrants good title to the groves described in this Agreement and to the fruit produced in said gro~•es, with lawful right to enter
into this Agreement and Grower warrants that the fruit will be free of any and all liens and claims. The individuals signing this
Agreement on behalf of the Grower represent that they have authority to do so.
• KA GROVE, LT
A for a e Ensrship
witnesses: Signatures: -
- J L , a General PaYtr~er
Grower or his Aut rued Agent ~ a
_ ` General Partner
1~ Address P. 0. Box 1120
Pt. Pierce. Plo ids X3450__ _
j Ae owner of the above grove, I join in the action of the
independnt dealer who signed the above as "Grower,"
I including all representation, agreements and receipts.
Payment for the fruit may be made by the buyer directly to
r the dealer.
. Owner
' ~ • - TROPICA A PRODUCTS, INC.
s% t '
r ~ aooK 302 X2733 - -
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