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ADDENDUM
ADD,a;1DUM to Contract A-167-11 dated 9/24/79 between
TROPICANA PRODUCTS, INC. and PEiILIP IGLBHART
idhere this ADDENDUM may be inconsistent with the printed portion of the con- i
tract, the terms of the ADDENDUM shall prevail.
1. Notwithstanding the provisions of the contract, Tropicana Products,
Inc.'s participation price paid to Seller will be as computed in
the contract, but will not be less than: i
A. ninety ($.90) cents per pound solids in the 1979-1980 season,
eighty ($.80) cents per pound solids in the 1980-1981 through
1983-1984 seasons, upon delivery of that fruit to Tropicana's
plant, less applicable taxes and any other authorized deductions, t
or,
B. eighty (80X) percent of Tropicana Products, Inc.'s Daily Cash _
Market Price, if greater than Paragraph A above, less applicable
taxes and any other authorized deductions, upon delivery of that-
fruit to Tropicana's plant.
2. In consideration for this guaranteed price, Seller agrees that this
contract cannot be terminated during this five (S) year period, and
that the contract may continue after the 1983-1984 season in accord-
ance with the regular terms of the participation agreement. ~
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3. It is understood that the prices set forth above are guaranteed
prices for the years indicated. The actual price will be determined ~
by the formula provided in the contract if it exceeds the guaranteed
price provided for herein.
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y ~ ~ TROPICANA PRODUCTS, INC.
Seller - '
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Aut oriz Agent ~J J Ogi y - ce-President
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