Document:

EXHIBIT 4.13

	 

THESE SECURITIES, INCLUDING THE SECURITIES INTO WHICH THEY MAY BE
CONVERTED, HAVE BEEN ISSUED IN RELIANCE UPON THE EXEMPTION FROM
REGISTRATION AFFORDED BY SECTION 4(2) OF THE SECURITIES ACT OF 1933, AS
AMENDED, AND MAY NOT BE TRANSFERRED WITHOUT AN OPINION OF COUNSEL
SATISFACTORY TO THE CORPORATION TO THE EFFECT THAT ANY SUCH
PROPOSED TRANSFER IS IN ACCORDANCE WITH ALL APPLICABLE LAWS, RULES
AND REGULATIONS.

Louisiana Food Company

(Incorporated Under the Laws of the State of Nevada)

100,000 COMMON STOCK PURCHASE WARRANTS

(EACH WARRANT ENTITLES THE HOLDER TO PURCHASE ONE COMMON SHARE)

INITIAL WARRANT EXERCISE PRICE $.10

THIS CERTIFIES THAT, for value received, BLAYNE G. ST. JAMES (the “Holder”), as
registered owner of this Common Stock Purchase Warrant (a “Warrant” or the “Warrants”), is
entitled at any time, or from time to time, at or before 5:00 p.m., Central Time, on the date that is
two (2) years after the date of issuance of this Warrant (the “Expiration Date”), to subscribe for,
purchase and receive the above-specified, fully-paid and non-assessable Common Shares, $.001 par
value per share (the “Common Shares”), of Louisiana Food Company, a Nevada corporation (the
“Company”), at the purchase price of $.10 per share (the “Exercise Price”), upon presentation and
surrender of this Warrant and payment of the Exercise Price for such Common Shares of the
Company at the principal office of the Company, but only subject to the conditions set forth herein.
The Exercise Price and the number of Common Shares purchasable upon exercise of each Warrant
are subject to adjustments upon the occurrence of certain events described herein.

Upon due presentment for transfer of this Warrant at the principal office of the Company, a new
Warrant of like tenor  and evidencing, in the aggregate, a like number of Warrants, subject to any
adjustments made in accordance with the  provisions hereof, shall be issued to the transferee in
exchange for this Warrant, subject to the limitations provided  herein, upon payment of any tax or
governmental charge imposed in connection with such transfer.

The holder of the Warrants evidenced hereby may exercise all or any whole number of such
Warrants during the period and in the manner stated herein. The Exercise Price payable in lawful
money of the United States of America and in cash or by certified or bank cashier’s check or bank
draft payable to the order of the Company. If, upon exercise of any Warrants evidenced hereby, the
number of Warrants exercised shall be less than the total number of Warrants so evidenced, there
shall be issued to the Warrantholder a new Warrant evidencing the number of Warrants not so
exercised.

No Warrant may be exercised after 5:00 p.m., Central Time, on the Expiration Date and any Warrant
not exercised by such time shall become void, unless extended by the Company.

The Company covenants that it will, at all times, reserve and have available from its authorized
shares of Common Stock such number of shares of Common Stock as shall then be issuable on
exercise of all outstanding Warrants. The Company covenants that all Warrant Shares, when issued,
shall be duly and validly issued, fully paid and non-assessable, and free from all taxes, liens and
charges with respect to the issue thereof.

Adjustment of Exercise Price and Shares

 

            A.        In the event, prior to the expiration of the Warrants by exercise or by their terms, the
Company shall issue any of its Common Stock as a stock dividend or shall subdivide
the number of outstanding shares of Common Stock into a greater number of shares,
then, in either of such events, the Exercise Price in effect at the time of such action
shall be reduced proportionately and the number of shares of Common Stock
purchasable pursuant to the Warrants shall be increased proportionately. Conversely,
in the event the Company shall reduce the number of its outstanding shares of
Common Stock by combining such shares into a smaller number of shares, then, in
such event, the Exercise Price in effect at the time of such action shall be increased
proportionately and the number of shares of Common Stock at that time purchasable
pursuant to the Warrants shall be decreased proportionately. Such stock dividend
paid or distributed on the Common Stock in shares of any other class of the Company
or securities convertible into shares of Common Stock shall be treated as a dividend
paid or distributed in shares of Common Stock to the extent shares of Common Stock
are issuable on the payment or conversion thereof.

 

            B.        In the event, prior to the expiration of the Warrants by exercise or by their terms, the
Company shall be recapitalized by reclassifying its outstanding shares of Common
Stock into shares with a different par value, or by changing its outstanding Common
Stock to shares without par value or in the event of any other material change of the
capital structure of the Company or of any successor corporation by reason of any
reclassification, recapitalization or conveyance, prompt, proportionate, equitable,
lawful and adequate provision shall be made whereby any holder ofthe Warrants shall
thereafter have the right to purchase, on the basis and the terms and conditions
specified in this Agreement, in lieu of the shares of Common Stock of the Company
theretofore purchasable on the exercise of any Warrant, such securities or assets as
may be issued or payable with respect to, or in exchange for, the number of shares
of Common Stock of the Company theretofore purchasable on exercise of the
Warrants had such reclassification, recapitalization or conveyance not taken place;
and, in any such event, the rights of any holder of a Warrant to any adjustment in the
number of shares of Common Stock purchasable on exercise of such Warrant, as set
forth above, shall continue and be preserved in respect of any stock, securities or
assets which the holder becomes entitled to purchase; provided, however, that a
merger, acquisition of a going business or a portion thereof (whether for cash, stock,
notes, other securities, or a combination of cash and securities), exchange of stock
for stock, exchange of stock for assets, or like transaction involving the Company,
in which the Company is the surviving entity, will not be considered a “material
change” for purposes ofthis paragraph, and no adjustment shall be made hereunder
by reason of any such merger, acquisition, exchange of stock for stock, exchange of
stock for assets, or like transaction.

 

            C.        In the event the Company, at any time while the Warrants shall remain unexpired and
unexercised, shall sell all or substantially all of its property, or dissolves, liquidates
or winds up its affairs, prompt, proportionate, equitable, lawful and adequate
provision shall be made as part of the terms of such sale, dissolution, liquidation or
winding up such that the holder of a Warrant may thereafter receive, on exercise of
such Warrant, in lieu of each share of Common Stock of the Company which such
holder would have been entitled to receive upon exercise of such Warrant, the same
kind and amount of any stock, securities or assets as may be issuable, distributable
or payable on any such sale, dissolution, liquidation or winding up with respect to
each share of Common Stock of the Company; provided, however, that, in the event
of any such sale, dissolution, liquidation or winding up, the right to exercise the
Warrants shall terminate on a date fixed by the Company, such date to be not earlier
than 5:00 p.m., Pacific Time, on the 30th day next succeeding the date on which
notice of such termination of the right to exercise the Warrants has been given by
mail to the holders thereof at such addresses as may appear on the books of the
Company.

 

            D.        In the event, prior to the expiration of the Warrants by exercise or by their terms, the
Company shall take a record of the holders of its Common Stock for the purpose of
entitling them to purchase shares of its Common Stock at a price per share more than
10% below the then-current market price per share (as defined below) of its Common
Stock at the date of taking such record, then (i) the number of shares of Common
Stock purchasable pursuant to the Warrants shall be redetermined as follows: the
number of shares of Common Stock purchasable pursuant to a Warrant immediately
prior to such adjustment (taking into account fractional interests to the nearest
1,000th of a share) shall be multiplied by a fraction, the numerator of which shall be
the number of shares of Common Stock of the Company then outstanding (excluding
the Common Stock then owned by the Company) immediately prior to the taking of
such record, plus the number of additional shares offered for purchase, and the
denominator of which shall be the number of shares of Common Stock of the
Company outstanding (excluding the Common Stock owned by the Company)
immediately prior to the taking of such record, plus the number of shares which the
aggregate offering price of the total number of additional shares so offered would
purchase at such current market price; and (ii) the Exercise Price per share of
Common Stock purchasable pursuant to a Warrant shall be redetermined as follows:
the Exercise Price in effect immediately prior to the taking ofsuch record shall be
multiplied by a fraction, the numerator of which is the number of shares of Common
Stock purchasable immediately prior to the taking of such record, and the
denominator of which is the number of shares of Common Stock purchasable
immediately after the taking of such record as determined pursuant to clause (i)
above. For the purpose hereof, the current market price per share of Common Stock
of the Company at any date shall be deemed to be the average of the closing prices,
as reported by the Company’s primary trading market, for 20 consecutive business
days commencing 15 business days prior to the record date.

 

            E.        On exercise of the Warrants by the holders, the Company shall not be required to
deliver fractions of shares of Common Stock; provided, however, that prompt,
proportionate, equitable, lawful and adequate adjustment in the Exercise Price
payable shall be made in respect of any such fraction of one share of Common Stock
on the basis of the Exercise Price per share.

 

            F.        In the event, prior to expiration of the Warrants by exercise or by their terms, the
Company shall determine to take a record of the holders of its Common Stock for the
purpose of determining shareholders entitled to receive any stock dividend,
distribution or other right which will cause any change or adjustment in the number,
amount, price or nature of the Common Stock or other stock, securities or assets
deliverable on exercise of the Warrants pursuant to the foregoing provisions, the
Company shall give to the Registered Holders of the Warrants at the addresses as
may appear on the books of the Company at least 15 days’ prior written notice to the
effect that it intends to take such a record. Such notice shall specify the date as of
which such record is to be taken; the purpose for which such record is to be taken;
and the number, amount, price and nature of the Common Stock or other stock,
securities or assets which will be deliverable on exercise of the Warrants after the
action for which such record will be taken has been completed. Without limiting the
obligation of the Company to provide notice to the Registered Holders of the Warrant
Certificates of any corporate action hereunder, the failure of the Company to give
notice shall not invalidate such corporate action of the Company.

 

            G.        The Warrant shall not entitle the holder thereof to any of the rights of shareholders
or to any dividend declared on the Common Stock, unless the Warrant is exercised
and the Warrant Shares purchased prior to the record date fixed by the Board of
Directors of the Company for the determination of holders of Common Stock entitled
to such dividend or other right.

 

            H.        No adjustment of the Exercise Price shall be made as a result of, or in connection
with, (i) the establishment of one or more employee stock option plans for employees
of the Company, or the modification, renewal or extension of any such plan, or the
issuance of Common Stock on exercise of any options pursuant to any such plan, (ii)
the issuance of individual warrants or options to purchase Common Stock, the
issuance of Common Stock upon exercise of such warrants or options, or the
issuance of Common Stock in connection with compensation arrangements for
directors, officers, employees, consultants or agents of the Company or any
Subsidiary, and the like, or (iii) the issuance of Common Stock in connection with
a merger, acquisition of a going business or a portion thereof (whether for cash,
stock, notes, other securities, or a combination of cash and securities), exchange of
stock for stock, exchange of stock for assets, or like transaction.

            IN WITNESS WHEREOF, the Company has caused this Warrant to be signed by its
President, each by a facsimile of his signature.

Dated: September 28, 2010.

LOUISIANA FOOD COMPANY

By: /s/ DAVID LOFLIN

            David Loflin

            President

FORM OF ASSIGNMENT

To Be Executed by the Registered Holder if He

Desires to Assign Warrants Evidenced Hereby

            FOR VALUE RECEIVED                                                                                                     

hereby sells, assigns and transfers unto                                                                                              

Warrants, evidenced hereby, and does hereby irrevocably constitute and appoint                             

Attorney to transfer the said Warrants, evidenced hereby on the books of the Company, with full
power of substitution.

 

Dated:                                                                         X                                                                  
;   

Signature

            NOTICE: The above signature must correspond with the name as written upon the face of
this Warrant in every particular, without alteration or enlargement or any change whatsoever.

Signature Guaranteed:                                                                                                                        

FORM OF ELECTION TO PURCHASE

To be Executed by the Holder if He Desires

to Exercise Warrants Evidenced Hereby

TO: LOUISIANA FOOD COMPANY

            The undersigned hereby irrevocably elects to exercise                       Warrants evidenced
hereby for, and to purchase hereunder,                                    full shares of Common Stock issuable
upon exercise of said Warrants and delivery of $                                and any applicable taxes. The
undersigned requests that certificates for such shares be issued in the name of:

(Please print name and address)

            If said number of Warrants shall not be all the Warrants evidenced hereby, the undersigned
requests that a new Warrant Certificate evidencing the Warrants not so exercised be issued in the
name of and delivered to:

(Please print name and address)

 

Dated:                                                                         X                                                                  
;   

Signature

            NOTICE: The above signature must correspond with the name as written upon the face of
the within Warrant Certificate in every particular, without alteration or enlargement or any change
whatsoever, or if signed by any other person the Form of Assignment hereon must be duly executed
and if the certificate representing the shares or any Warrant Certificate representing Warrants not
exercised is to be registered in a name other than in which the within Warrant Certificate is
registered, the signature of the holder hereof must be guaranteed.

Signature Guaranteed:                                                                                                                        

SIGNATURE MUST BE GUARANTEED BY A MEDALLION SIGNATURE GUARANTY.EXHIBIT 10.1

	 

AMENDMENT NO. 1

TO

PRE-INCORPORATION AGREEMENT AND SUBSCRIPTION

            This constitutes Amendment No. 1 to that certain Pre-incorporation Agreement and
Subscription (the “Agreement”), dated August 12, 2010, by and among David Loflin (“DLoflin”),
Paul J. Goldman, M.D. (“Goldman”) and Newlan & Newlan, Attorneys at Law (“N&N”).

            For good and adequate consideration, the receipt and adequacy of which is hereby
acknowledged, the parties hereby agree, as follows:

 

            A.        Article IV of the Agreement is hereby deleted in its entirety and replaced with
the following:

“IV.  SUBSCRIPTION FOR SECURITIES OF LA FOOD CO.

            DLoflin, Goldman and N&N hereby subscribe for the initial shares of common stock to be
issued by LA Food Co., as follows:

	 

	Subscriber

	 

	Securities Subscribed

	 

	Consideration

	 

	 

	David Loflin

	 

	13,000,000 shares and

2,000,000 warrants *

	 

	Certain items of
property **

	 

	 

	Newlan & Newlan, Attorneys
at Law

	 

	5,000,000 shares and

2,000,000 warrants *

	 

	Legal Services ***

	 

	 

	Paul J. Goldman, M.D.

	 

	600,000 shares and

180,000 warrants *

	 

	$6,000.00 in cash ****

	 

	*

**

***

****

	The warrants are to be in the form attached hereto as Exhibit IV.

In consideration of these securities, Newlan & Newlan is to perform $10,000 in legal
services, as follows: (1) $1,000 for pre-formation and organizational efforts; (2) $1,000
for third-party contract efforts; (3) $1,000 for private offering efforts; and (4) $7,000
for “turn-key” registration statement efforts.

In consideration of these securities, DLolfin is to transfer to LA Food Co. certain items
of property, as follows: (1) bags of raw coffee beans; (2) cases of pasta sauces; and (3)
recipes that will be useful in LA Food Co.’s business development efforts.

This consideration shall be paid to LA Food Co. on or before September 30, 2010.

            In all other aspects, the Agreement is ratified and affirmed.

	 

	“DLOFLIN”:

/s/ DAVID LOFLIN

David Loflin

	“GOLDMAN”:

/s/ PAUL J. GOLDMAN, M.D.

Paul J. Goldman, M.D.

	 

	“N&N”:

NEWLAN & NEWLAN

Attorneys at Law

By: /s/ ERIC NEWLAN

            Partner

	ACKNOWLEDGED:

LOUISIANA FOOD COMPANY

By: /s/ DAVID LOFLIN

            David Loflin

            President

	 

PRE-INCORPORATION AGREEMENT AND SUBSCRIPTION

This Pre-Incorporation Agreement and Subscription is made and entered as of the 12th day of
August, 2010, by and among Paul J. Goldman, M.D. ("Goldman"), David Loflin ("DLoflin") and
Newlan & Newlan, Attorneys at Law ("N&N"), which parties may be referred to individually as a
"Party" or jointly as the "Parties".

 

WHEREAS, the Parties desire to form a new Nevada corporation, for the purpose of
engaging in the manufacture, distribution and sale of food products; and

 

WHEREAS, the Parties desire to determine and establish the rights, duties, powers,
disabilities, benefits and liabilities between and among them and with respect to the
Nevada corporation.

            WITNESSETH, therefore, the agreement of the Parties, the promises of each being
consideration for the promises of the other:

I.  DEFINITIONS

            The terms listed below shall, for the purposes of this Agreement, have the meanings ascribed
to them, as follows:

            A.        "Agreement" means this Pre-Formation Agreement and Subscription, including all
schedules and exhibits hereto.

            B.        "DLoflin" means David Loflin, an individual resident of the State of Louisiana.

            C.        "Goldman" means Paul J. Goldman, M.D., an individual resident of the State of
Texas.

            D.        "LA Food Co." means Louisiana Food Company, a to-be-formed Nevada corporation.

            E.        "N&N" means Newlan & Newlan, Attorneys at Law, a Texas general partnership.

 

            F.        "SEC" means the U.S. Securities and Exchange Commission.

II.  AGREEMENT TO FORM BUSINESS STRUCTURE

            The Parties hereto agree to take all steps necessary to cause the formation of LA Food Co.,
in conformity with the following:

            A.        Formation of LA Food Co. The Parties agree to cause the formation of LA Food Co.
as soon as is practicable following the mutual execution of this Agreement.

            B.        Agreement to Organize LA Food Co. The Parties agree to take all steps necessary to
cause the organization of LA Food Co., in conformity with the diagram set forth below and the other
pertinent provisions of this Agreement.

	 

	Louisiana Food Company

(a Nevada corporation)

	 

	 

	 

	 

	 

	 

	68.42% owned

by Dloflin *

	 

	5.26% owned

by Goldman *

	 

	26.32% owned

by N&N *

	 

	 *

	percentage of ownership of LA Food Co. upon
organization, prior to contemplated future share issuances,
as described below.

	 

            It is agreed by the Parties that they contemplate the issuance of additional shares of common
stock of LA Food Co. in the future, all of which shall be subject to approval of LA Food Co.’s board
of directors

III.  CHARACTERISTICS OF LA FOOD CO.

            LA Food Co. is to have certain characteristics set forth in the Articles of Incorporation of LA
Food Co. (the “LA Food Co. Certificate”), which shall be in the form of Exhibit III-1 attached hereto
and made a part hereof, and in its Bylaws, which shall be in the form of Exhibit III-2 attached hereto
and made a part hereof.

IV.  SUBSCRIPTION FOR SECURITIES OF LA FOOD CO.

            DLoflin, Goldman and N&N hereby subscribe for the initial shares of common stock to be
issued by LA Food Co., as follows:

	 

	Subscriber

	 

	Securities Subscribed

	 

	Consideration

	 

	 

	David Loflin

	 

	13,000,000 shares and

2,000,000 warrants *

	 

	Certain items of
property **

	 

	 

	Newlan & Newlan, Attorneys
at Law

	 

	5,000,000 shares and

2,000,000 warrants *

	 

	Legal Services ***

	 

	 

	Paul J. Goldman, M.D.

	 

	1,000,000 shares and

300,000 warrants *

	 

	$10,000.00 in cash
****

	 

	 *

	The warrants are to be in the form attached hereto as Exhibit IV.

	**

	In consideration of these securities, Newlan & Newlan is to perform $10,000 in legal
services, as follows: (1) $1,000 for pre-formation and organizational efforts; (2) $1,000
for third-party contract efforts; (3) $1,000 for private offering efforts; and (4) $7,000
for “turn-key” registration statement efforts.

	***

	In consideration of these securities, DLolfin is to transfer to LA Food Co. certain items
of property, as follows: (1) bags of raw coffee beans; (2) cases of pasta sauces; and (3)
recipes that will be useful in LA Food Co.’s business development efforts.

	****

	This consideration shall be paid to LA Food Co. on or before September 15, 2010.

V.  BUSINESS OF LA FOOD CO.

            It is the intention of the Parties that, as soon as is practicable, LA Food Co. would become
engaged in the food industry, as approved from time to time by the Board of Directors of LA Food
Co.. The parties agree that, subject to the availability of necessary capital, LA Food Co. would
expand its business operations into certain lines of business, all as described in Exhibit V hereto.

VI.  AGREEMENT WITH RESPECT TO COMMON STOCK OF LA FOOD CO.

            All of the shares of common stock of LA Food Co. to be issued by LA Food Co. to DLoflin,
Goldman and N&N hereunder, including the shares underlying the common stock purchase warrants
to be delivered to DLoflin, Goldman and N&N pursuant to Article IV, shall be subject to the terms
and conditions of this Section VI. Any additional shares of common stock of LA Food Co. acquired
by DLoflin, Goldman and N&N, either by purchase, dividend or otherwise, shall be subject to the
terms and conditions of this Section VI.

            A.        Endorsement of Common Stock Certificates.  Each certificate representing shares of
common stock of LA Food Co. to be issued pursuant to this Agreement, or issued thereafter, to
DLoflin, Goldman and/or N&N shall bear the following legend conspicuously printed or typewritten
on its face:

                        “SEE TRANSFER RESTRICTIONS ON REVERSE SIDE.”

            The reverse side of each such certificate shall bear the following, or substantially similar,
legends conspicuously printed or typewritten thereon:

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT
TO THE TERMS OF A PRE-FORMATION AGREEMENT AND
SUBSCRIPTION, DATED AS OF AUGUST ___, 2010, BY AND AMONG
DAVID LOFLIN, PAUL J. GOLDMAN, M.D. AND NEWLAN & NEWLAN,
ATTORNEYS AT LAW.”

 

“THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “ACT”), AND MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR
HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT AS TO THE SECURITIES UNDER THE ACT OR PURSUANT TO
AN EXEMPTION FROM REGISTRATION OR AN OPINION OF COUNSEL
SATISFACTORY TO THE CORPORATION THAT SUCH REGISTRATION IS
NOT REQUIRED.”

            B.        Initial Board of Directors.  It is agreed that the initial board of directors of LA Food
Co. will be comprised of David Loflin and Waddell D. Loflin.

 

            C.        Voting Agreement.

                        1.         Elections of Directors. For so long as this Agreement shall remain in effect,
each of Dloflin, Goldman and N&N shall, at each meeting of shareholders of LA Food Co., vote for
David Loflin.

                        2.         Elections of Officers. For so long as this Agreement shall remain in effect,
Dloflin shall, at each meeting of the Board of Directors of LA Food Co., vote for the persons listed
below as officers of LA Food Co., to the offices set forth opposite their names:

	 

	Name of Officer

	 

	Office(s)

	 

	 

	David Loflin

	 

	President

	 

	 

	Waddell D. Loflin

	 

	Vice President, Chief Financial Officer and
Secretary

	 

                        3.         Should one of the persons listed in subparagraphs 1 and 2 above resign or
otherwise become unable to serve in the capacity or capacities listed in such paragraphs, then the
remaining persons shall be permitted to vote for any person to fill any such vacancy, in their sole
discretion.

            D.        Specific Performance. It is agreed that, in view of the inability to assess monetary
value of damages to any of the parties hereto arising hereunder as a result of a breach of the
provisions of this Section VI, the non-breaching party or parties may seek specific performance by
the breaching party, and the breaching party shall pay attorneys’ fees incurred by the non-breaching
party or parties in enforcing the provisions of this Section VI.

VII.  REPRESENTATIONS AND WARRANTIES

            A.        Representations and Warranties of Goldman.  Goldman is under no legal disability
with respect to entering into, and performing under, this Agreement. Further, Goldman represents
and warrants to DLoflin and N&N that he is an “accredited investor”, as that term is defined in Rule
501 of Regulation D of the SEC, and that he has reviewed and understands the information contained
in Exhibit V attached hereto and made a part hereof.

            B.        Representations and Warranties of DLoflin.  Dloflin is under no legal disability with
respect to entering into, and performing under, this Agreement. Further, DLoflin represents and
warrants to Goldman that the information contained in Exhibit V is true and correct and does not
contain any untrue statement of a material fact or to omit to state a material fact necessary in order
to make the statements made, in the light of the circumstances under which they are made, not
misleading.

            C.        Representations and Warranties of N&N. The execution, delivery and performance
by N&N of this Agreement and the other transactions contemplated hereby have been duly
authorized by all necessary action by its partners.

VIII.  MISCELLANEOUS

            A.        Governing Law. This Agreement shall be deemed to be a contract made under,
governed by and construed in accordance with the substantive laws of the State of Nevada.

            B.        Dispute Resolution.

                        1.         Negotiation. If a dispute arises out of or relates to this Agreement or the
breach thereof, within twenty (20) days of receipt of written notice of a dispute, the Parties shall
attempt in good faith to resolve such dispute by negotiation.

                        2.         Mediation. If the dispute cannot be settled through such negotiations, the
Parties agree to try in good faith to settle the dispute by mediation within 20 days immediately
following the 20-day period set forth in Section VIII(B)(1), in Baton Rouge, Louisiana, under the
Commercial Mediation Rules of the American Arbitration Association (“AAA”).

                        3.         Arbitration. If the dispute cannot be settled by mediation as set forth in
Section VIII(B)(2), the Parties agree to submit the dispute to binding arbitration in Baton Rouge,
Louisiana, under applicable Nevada and Federal law. Such demand shall set forth the names of the
other Party or Parties. The arbitration provided for in this Section VIII(B)(3) shall be conducted
under the auspices of the AAA, utilizing the AAA’s applicable rules for arbitration of commercial
disputes, and shall be decided by one arbitrator. Except as otherwise provided herein, the Arbitrators
shall have the authority to award any remedy or relief a state or Federal court of the State of Nevada
could order or grant, including, without limitation, specific performance, the awarding of
compensatory damages, the issuance of an injunction and other equitable relief, but specifically
excluding punitive damages. If the remedy sought is a monetary award, each party shall
simultaneously, on the twentieth business day following the commencement of the arbitration,
submit to the Arbitrators the amount that party believes should be awarded, and with respect to
compensatory damages, the Arbitrators shall make an award in whichever of the two amounts they
deem most reasonable. The Arbitrators’ decision shall be issued with findings of fact and
conclusions of law and shall be non-appealable. Notwithstanding anything in this Section VIII(B)(3)
to the contrary, the losing party in a dispute hereunder shall pay all reasonable legal fees and
expenses incurred by the prevailing party in connection with the arbitration.

            C.        Counterparts.  This Agreement may be executed simultaneously in counterparts, each
of which when so executed and delivered shall be taken to be an original; but such counterparts shall
together constitute but one and the same documents. Facsimile signatures shall be deemed original
signatures.

            D.        Successors and Assigns.  Except as otherwise expressly provided herein, the
provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns and
administrators of the Parties hereto.

            E.        Legal Representation.  Each of the Parties acknowledges that each has utilized
separate legal counsel with respect to this Agreement. Specifically, each of the Parties acknowledges
that the law firm of Newlan & Newlan, the partners of which are the owners of N&N, has drafted
this Agreement on behalf of the to-be-formed Louisiana Food Company. EACH PARTY IS
ADMONISHED TO SEEK HIS OWN LEGAL COUNSEL.

            F.        No Assignment.  This Agreement, and the rights, interests and obligations hereunder,
shall not be assigned by any Party by operation of law or otherwise, without the express written
consent of each of the other parties (which consent may be granted or withheld in the sole discretion
of each of such other parties).

            G.        Entire Agreement.  This Agreement, the other agreements and the other documents
delivered pursuant hereto and thereto constitute the full and entire understanding and agreement
between the parties with regard to the subjects hereof and thereof.

            IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date
first above written.

	 

	“DLOFLIN”:

/s/ DAVID LOFLIN

David Loflin

	“GOLDMAN”:

/s/ PAUL J. GOLDMAN, M.D.

Paul J. Goldman, M.D.

	 

	“N&N”:

NEWLAN & NEWLAN

Attorneys at Law

By: /s/ ERIC NEWLAN

            Partner

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}]]