Document:

Marketing and Sales Distribution Agreement

Exhibit 10.1

Marketing and Sales Distribution Agreement

                         

Arsenalas-EHG. hereinafter referred to as the "SELLERS", on the one part,  and ECO BUILDING INTERNATIONAL,  hereinafter  referred to as the "BUYERS"  on the other  part,  have  concluded  the  present  Agreement  for the following:

THE SELLER:

Arsenalas-EHG 

Silutes P1.39, KLAIPEDA

Lithuania

THE BUYER:

ECO BUILDING INTERNATIONAL

1 Mathew Place, 

Ballintemple, Cork, Ireland  

Both the above-mentioned parties agreed with the following conditions:

A. SUBJECT OF THE AGREEMENT

"SELLER" sells and "BUYER" has permission to take purchase orders on all products carried by SELLER. The following Eco Friendly Building & Lighting Products will be supplied by SELLER for Buyer inventory. 

    

PRODUCT/DISCRIPTIOIN                                                  COST

Building Materials: 

Wooden Plates

$15.00 per square metre

Wooden Beans

$5.00 per bag

Laminated Fiber board floors

$25.00 per Square metre

Granite Works

Priced per Order Selection

Sanitary Ware

Priced per Order Selection

Thin Film Solar Roofs

Priced per Order Selection

FlexVent Roofing

Priced per Order Selection

Natural Cork Flooring

$2.00 sf 

Counter: Recycled glass surfaces

$95.00 sf 

Counter: 50/50 blend recycled wood fiber

$75.00

Horizontal Window

$300.00 

Vertical Windows

$310.00 

1

In quantity and assortment according to Proforma. Invoice which are made out on each batch of the Goods  separately,  are assured by signatures  and seal of the Parties (sides), and are an integral part of the Agreement.  The goods under the given Agreement  will be put to US and Canada on conditions 

B. PRICE AND TOTAL SUM OF THE AGREEMENT

B.1. The total sum of the Agreement 

B.2 The  Prices for the Goods sold  under the  present  Agreement,  are fixed inprice-lists in US dollars, understood ButterBridge Co,  and are  specified in Proforma  Invoice and  Commercial  invoice accompanying each batch of the Goods.  Packing, normal marks,  loading,  export customs charges are included into the price of the Goods. Currency of the Agreement is US dollars.

C. DELIVERY And PAYMENT TERMS

C.1 Delivery of the Goods is carried out by separate batches, according to the Proforma Invoice. The SELLER undertakes to deliver each batch of the Goods under the present Agreement not later than 25 days since the moment of reception of an advance payment.

C.2. Within 24 hours after shipment of Goods the SELLER undertakes to inform the BUYERS by fax:  +1-702-974-1814 about date of shipment. The date of delivery and date of passing the property  right is  considered to be the date of loads goods on board.

C.3 Currency of payment is US dollars.  Payment of the Goods  delivered  under the present  Agreement,  is carried  out by the BUYER in US  dollars,  through  bank transaction  to the account of the SELLER,  according to Proforma  Invoice.  The advance payment for the goods is 20 % and is transacted according to Proforma Invoice.  The rest of the payment - 80 % for each batch of the Goods is carried out after loading the container and sending  corresponding  documents  copies by

fax to the Buyer. Originals of documents are sent the Buyer after accepting 100% of payment for  the  Goods  within  5  days  by  special   express-mail   (DHL International), the Seller bears the charges.

D. GUARANTEE OF THE SELLER: PACKING, QUALITY OF THE GOODS

D.1. The SELLER guarantees, that the quantity of the put Goods will correspond to the quantity specified in the Agreement.  The SELLER guarantees, that the quality of the goods will be as the samples, which was transferred by the SELLER to the BUYER.

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D.2.  In case of delivery of the poor-quality  goods within 45 days from shipping date or at time of opening the  container  the SELLER  undertakes to replace the poor-quality goods  qualitative,  thus the transport and other charges connected with replacement of the poor-quality  goods are carried by the SELLER.

D.3. Acceptance  of the goods by amount is made by transfer of the goods of the transport  organization  Carrying  out  delivery  of the  goods  for the  Buyer. Acceptance of the goods on quality is made within 20 days from the moment of reception of the goods in a warehouse of the Buyer.

D.4. The Goods should be shipped in the standard packing providing safety of the goods. The SELLER bears the responsibility for the losses connected to damage of a cargo as a result of his wrong packing.

E. PENALITES

E.1. In case of infringement of term of payment for the Goods, the BUYER pays to the SELLER the fine of 0,1%  from the sum of the  Agreement  per  every day of delay.

E.2. In case of incomplete delivery of the Goods the SELLER is obliged to provide delivery the Goods in the terms coordinated by the parties (sides) or to compensate  shortage in money's worth.

E.3. If the SELLER does not provide delivery of the Goods in time  unreasonably, specified  in the order,  and does not notify  properly  on it the BUYER it (he) pays the penalty at a rate of 0,1 % from the sum of the Agreement US dollars per every day of delay.

E.4. In case of impossibility of delivery of the goods during 40 days from the moment of realization of payment, the SELLER  undertakes to return an advance payment in the full size, in time,  thus having paid to the BUYER 0,1 % from the sum of the Agreement per every day of a delay.

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F. DOCUMENTS 

     1.   Marketing and Sales Distribution Agreement (original);

     2.   Bill of lading (Sea bills)

     3.   Packing list

     4.   Commercial Invoice;

G. INSURANCE

The Buyer is responsible to cover expenses for insurance of the goods.

H. FORCE-MAJEUR

The  Parties  are  released   from   responsibility   for  partial  or  complete non-fulfillment  of their  liabilities  under  the  present  Agreement,  if this non-fulfillment was caused by the circumstances of Force-majeur,  namely:  fire, flood,  earthquake,  provided  the  circumstances  have  directly  affected  the execution of the present Agreement.  In this case the time of fulfillment of the Agreement obligations is extended for the period equal to that during which suchcircumstance last. The Party, for which it became impossible to meet obligations under  the  Agreement,  is to  notify in  written  form the  other  Party of the beginning and cessation of the above circumstances immediately,  but in any case not later than ten days of the moment of their  beginning.  The notification of Force Majeure  circumstances  not made within 15 days deprives the corresponding Party of the right to refer to such circumstances in future.

The written  evidence  issued by the  respective  Chambers of Commerce will be a sufficient   proof  of  the  existence  and  duration  of  the  above  Indicated circumstances.  If these circumstances  last longer than six months,  then each Party will be  entitled to cancel the whole  Agreement  or any part of it and in this case  neither  Party  shall  have the right to demand any  compensation  of

ventual losses from the other Party.  The SELLERS undertake in this case immediately to return all the goods paid lately under the present Agreement.

I. ARBITRATION

I.1. All disputes and the disagreements, able to arise from the present Agreementor in connection with it, will be whenever possible to be solved by negotiations (peace talks) between the Parties. 9.2. In case the Parties will not come to the agreement business is subject to the Ireland International  Economic  and Trade Commission (Ireland) according to the related international law. The decision of arbitration Court is final and obligatory for both Parties.

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J. CONDITIONS

The Agreement acts from the date of signing and operates for two years.

The Agreement can be changed, terminates only under the mutual agreement of the parties.  The Agreement can be prolonged till one year, according to the mutual agreement of the sides.  Any of the parties has no right to transfer the third party of the right and the obligation under the present Agreement without the written approval of other Party.  All additions and changes for the present Agreement, signed by the parties are his integral part. The Agreement or additions to the Agreement, transferred on channels of facsimile communication, have validity.

K. ACCEPTANCE AND LEGAL ADDRESSES OF THE PARTIES

DATE:   01/15/2009

THE BUYER:

ECO BUILDING INTERNATIONAL.

By:

/s/ Chris Kidney

Name: Chris Kidney

Title: President 

THE SELLER:

ARSENALAS-EHG 

By:

/s/ Tatjana Katrecko

Name: Tatjana Katrecko

Title: Director

 

5ex1018k070909.htm

    Exhibit
10.1

     

    SECOND
AMENDMENT TO

    SHAREHOLDERS
AGREEMENT

     

    

     

    This Second Amendment, dated as of July
8, 2009 amends the Shareholders Agreement by and among Seneca Foods Corporation,
a New York corporation (the "Company") and the parties listed therein, dated as
of June 22, 1998, as amended by a First Amendment to Shareholders Agreement
dated as of June 30, 2002 (the "Shareholders Agreement").

     

     

    RECITALS

     

     

    A. The
Company has entered into an Agreement of even date herewith (the "RR Amendment")
with Carl Marks Strategic Investments, L.P., Nancy Marks, Marjorie Boas, Carl
Marks Strategic Investments III, L.P., Nancy Marks 2003 GRAT, Nancy Marks 2009
CMS-GRAT, Carolyn Marks, Mark and Susan Claster, Andrew and Carol Boas, Linda
Katz, Constance Marks, Laura Katz, James Miller, Richard Boas , John Hancock
Life Insurance Company and John Hancock Variable Life Insurance Company
concerning the rights and obligations of such parties arising under a
Registration Rights Agreement, dated as of June 22, 1998, among the Company and
certain of such parties (as amended, the "RR Agreement"), including those
relating to a "Secondary Offering" (as defined in the RR Amendment) of certain
of the Company's securities; and

     

     

    B. The
parties hereto have also agreed, in connection with the transactions
contemplated under the RR Amendment, to modify the terms of the Shareholders
Agreement as set forth below.

     

     

    C. Capitalized
terms used by not defined herein shall have the meaning set forth in the RR
Agreement.

     

     

    TERMS OF THIS
AGREEMENT

     

     

    NOW,
THEREFORE:

     

     

    1. Notwithstanding
anything to the contrary set forth in the Shareholders Agreement, the
Shareholders Agreement shall automatically and immediately terminate and be of
no further force and effect if the "Selling Shareholders" consummate the sale of
any "Owned Shares" or "Additional Owned Shares" (as respectively defined in the
RR Amendment) in the Secondary Offering (an “Automatic
Termination”).

     

     

    2. Each of
the "Shareholders" (as defined in the Shareholders Agreement) represents and
warrants to the Company and the other Shareholders that there are no successors
to or assignees of the rights of such Shareholder arising under the Shareholders
Agreement.

     

     

    3. In the
event of an Automatic Termination pursuant to the provisions of Section 1 of
this Second Amendment, the "Investor Designees" (as defined in Section 5.2 of
the Shareholders Agreement) shall immediately resign from all positions held
with the Company, including their positions as members of the board of directors
and any committee of the board of directors of the Company.  By
executing this Agreement, each of the two current "Investor Designees" (Andrew
M. Boas and James F. Wilson) hereby irrevocably tender their respective
resignations from all such positions with the Company effective upon the date of
an Automatic Termination pursuant to Section 1 of this Second Amendment;
provided, however, that such resignations shall not take effect unless and until
such time as an Automatic Termination takes effect in accordance with the
provisions of Section 1 of this Second Amendment.

     

     

    4. This
Second Amendment may be executed and delivered via facsimile or e-mail
transmission; and may be executed in counterparts, each of which shall be an
original and all of which shall constitute one and the same
instrument.

     

     

    5. This
Second Amendment has been negotiated, executed and delivered in the State of New
York and shall be governed by and construed in accordance with the laws of the
State of New York, without regards to principles of conflicts of
law.

     

     

    6. This
Second Amendment, together with the Shareholders Agreement (including the
schedules thereto) is intended by the parties as a final expression of their
agreement and intended to be a complete and exclusive statement of the agreement
and understanding of the parties hereto in respect of the subject matter
contained herein and therein.  There are no restrictions, promises,
warranties or undertakings, other than those set forth or referred to herein and
therein.  This Second Amendment and the Shareholders Agreement
(including the schedules thereto) supersede all prior agreements and
understandings between the parties with respect to such subject
matter.

     

     

    7. This
Second Amendment will terminate and be of no further force and effect if no
Owned Shares are sold in connection with the Secondary Offering by September 30,
2009.

     

     

    8. The
Company confirms and agrees that if the resignation of the Investor Designees
pursuant to Section 3 above becomes effective, then the Investor Designees shall
continue to be entitled to indemnification from the Company in connection with
any and all claims (including litigation claims, if any) arising in connection
with Investor Designees' prior performance and actions as directors of the
Company (or members of any committees of the Company’s board of directors),
which indemnity rights shall be provided by the Company to the Investor
Designees on the same terms and conditions as are in effect on the date that
such resignation becomes effective.

     

     

    9. In the
event of an Automatic Termination pursuant to the provisions of Section 1 of
this Second Amendment, then each party listed on the signatures pages to this
Second Amendment as one of the "Investor Shareholders and Their Transferees" or
one of the "Existing Marks Shareholders" irrevocably and unconditionally agrees
that thereafter such party shall (i) not oppose any proposal to amend the
Company's Certificate of Incorporation to eliminate the existing provisions set
forth in Article 10 thereof (the "C of I Amendment") and (ii) vote, or to cause
to be voted, all of such party's "Shares" (as defined in the Shareholders
Agreement), if any, at any regular or special meeting of shareholders of the
Company where the matter arises, or in any written consent executed in lieu of
such a meeting of shareholders, in favor of the C of I Amendment.

     

     

    10. This
Second Amendment is binding on the undersigned and the respective successors,
heirs, personal representatives and assigns of the undersigned.

     

     

    

     

     

    [SIGNATURE
PAGES TO FOLLOW]

     

    
      
        
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    IN
WITNESS WHEREOF, the undersigned have executed this Second Amendment as of the
day and year first set forth above.

     

    COMPANY:

    

    SENECA FOODS CORPORATION

    

    By:  __Kraig H.
Kayser____________________

    Name: Kraig H.
Kayser

    Title:   President and
Chief Executive Officer

    

    INVESTOR SHAREHOLDERS AND
THEIR TRANSFEREES:

    

    CARL MARKS STRATEGIC INVESTMENTS,
L.P.

    

    By:           CMSI
GP, LLC, as General Partner

    

        By: Andrew M.
Boas, as Managing Member

    

    By:  ___/s/Andrew M.
Boas____________________

    Name:    Andrew M.
Boas

    Title:     
Managing Member

    

    CARL
MARKS STRATEGIC INVESTMENTS III, L.P.

    

    By:           CMSI
III GP, LLC, as General Partner

    

        By: Andrew M.
Boas, as Managing Member

    

    By:  ___/s/Andrew M.
Boas____________________

    Name:    Andrew M.
Boas

    Title:     
Managing Member

    

    
      
        
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    /s/Carolyn
Marks                                                                   
/s/Constance Marks

    ________________________________                      
_________________________________

    Carolyn
Marks                                                                        
Constance Marks

    

    /s/Linda
Katz                                                                           
/s/Andrew M. Boas

    ________________________________                        _________________________________

    Linda
Katz                                                                                  Andrew
M. Boas

    

    /s/Carol
Boas                                                                          
/s/Mark Claster

    ________________________________                         _________________________________

    Carol
Boas                                                                                 Mark
Claster

    

    
/s/Susan
Claster                                                                      
Nancy Marks 2003 GRAT

    ________________________________                                  

                                    
                                                                          
/s/Nancy Marks

    Susan
Claster                                                                              By:  ___________________________

    Trustee

    Nancy
Marks 2009 CMS-GRAT

     

    /s/Nancy
Marks                                                                     
/s/Richard Boas
_______________________________                          _________________________________

    Trustee                                                                                     Richard
Boas

    

    /s/Laura
Katz                                                                             
/s/James Miller
_______________________________                              _________________________________

    Laura
Katz                                                                                    James
Miller

    

    

    

      
        
          
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    EXISTING MARKS
SHAREHOLDERS:

    

    /s/Nancy
Marks                                                                             
/s/Majorie Boas

    ________________________________                                _________________________________

    Nancy
Marks                                                                                   Marjorie
Boas

    

    /s/Carolyn Marks

    ________________________________

    Carolyn
Marks

    

    

    EXISTING
SHAREHOLDERS:

    

    /s/Arthur S.
Wolcott                                                                           
/s/Audrey S. Wolcott

    _____________________________________                          ____________________________________

    Arthur S.
Wolcott, Individually and as
Trustee                              Audrey
S. Wolcott, as Trustee

    

    /s/Kraig H.
Kayser                                                                               /s/Susan
W. Stuart
_____________________________________                          ____________________________________

    Kraig H.
Kayser, Individually and as
Trustee                                  Susan
W. Stuart, Individually and as Trustee

    For
certain Kayser family
trusts                                                                for
Alexius Lyle Wadell and Kyle Aaron Wadell

    

    /s/Donald
J. Stuart                                                                                
/s/Kurt Kayser

    _____________________________________                            ____________________________________

    Donald
Stuart                                                                                       
 Kurt Kayser

    

    /s/Karl
Kayser                                                                                        
/s/Marlyn Kayser

    _____________________________________                            _________________________________

    Karl
Kayser                                                                                            
Marilyn W. Kayser

    

    /s/Robert
Oppenheimer                                                                       
/s/Mark S. Wolcott

    _____________________________________                           ___________________________________

    Robert
Oppenheimer, as Trustee of
certain                                  
   Mark S. Wolcott, Individually and as Trustee

    Kayser
family
trusts                                                                                     for
Erin Lorraine Wolcott and Cassandra JeanWolcott

    

    /s/Kari
Wolcott                                                                                     
/s/Bruce S. Wolcott

    _____________________________________                         
 ____________________________________

    Kari
Wolcott                                                                                          
Bruce S. Wolcott, Individually and as Trustee

        for Kaitlin Kerr
Wolcott, Michael StantonWolcott and Paige Strode Wolcott

    

    /s/Constance
Wolcott                                                                         
/s/Aaron Wadell

    _____________________________________                          
____________________________________

    Constance
Wolcott                                                                                Aaron
Wadell

    

    /s/Grace W. Wadell

    _____________________________________

    Grace W.
Wadell, Individually and as Trustee

    For Sara
Elizabeth Stuart, Jennifer Grace Stuart

    and
Donald Arthur Stuart

    

    

    INVESTOR DESIGNEES (SOLELY
FOR PURPOSES OF SECTION 3)

    

    /s/Andrew M. Boas

    _____________________________________

    ANDREW M.
BOAS

    

    /s/James F. Wilson

    _____________________________________

    JAMES F.
WILSON

    

    

      
        
          
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