Document:

Fruit Purchase Contracts

 Exhibit 10.ii.h. 
  
 FRUIT PURCHASE CONTRACT 
 Oranges 
  

					
	Seller:	 	South Fort Meade Land Mgt.	  	Contract No.: 21880
	Address:	 	 3989 S. Dixianna Dr.
 Bowling Green, FL
33834
	  	 Date of Contract: March 21, 2005
 Mutual Member:
Yes
 Citrus Tariff Preservation Fund: Yes

  

	1.	This Contract is by and between CARGILL JUICE NORTH AMERICA, INC. of Frostproof, Florida, a Delaware Corporation, hereinafter referred to as “Buyer” and South Fort
Meade Land Mgt. hereinafter referred to as “Seller.” Seller agrees to sell and Buyer agrees to buy the following described fruit covering the 2005/2006 crop year. 

  

									
	Variety

	 	Contracted Boxes

	 	Price

	 	Unit

	 	Grove Location

	Early and Middle (E/M) Oranges	 	200,000	 	0.85 Gross	 	Pounds Solids (P.S.)	 	Mobil Blocks
	Valencia Oranges	 	100,000	 	1.05 Gross	 	Pounds Solids (P.S.)	 	Mobil Blocks

  

	2.	UTILIZATION: Delivery of this fruit shall be scheduled during the 2005/2006 crop year but solely at the discretion of the Buyer. If Seller has more than one fruit
purchase contract with Buyer, the delivery of fruit against each contract shall be at Buyer’s sole discretion. Buyer shall direct the delivery of the above fruit to meet the processing schedule of Buyer’s facility at Avon Park and/or
Frostproof. If Buyer directs the delivery of the above fruit to any other processing facility, any fruit freight penalty shall be paid or fruit freight premium shall be collected by Buyer based on a mutually agreeable commercial third party
transportation company freight rate differential from the grove location to the other processing facility location versus central Florida. The title to all fruit delivered under the terms of this Contract shall pass to Buyer at time of acceptance by
the Florida Department of Agriculture Inspection Service. The quantity of fruit to be delivered by Seller shall be governed by one of the following options: (Mark the applicable box below.) 

  

	 ̈	“Production Contract”. The entire crop of fruit from the above mentioned grove(s) must be delivered in its entirety. Buyer has the right to reject or accept
any fruit not in compliance with the specifications or requirements of this Contract. If fruit is accepted that is not in compliance with the specifications or requirements of this contract, Buyer may, at its sole discretion make allowances from the
Contract price. Notwithstanding anything to the contrary in this Contract, Buyer and Seller shall mutually agree upon the fruit delivery schedule during the final 30 Days of the delivery period hereunder for each variety contracted (the “Final
30 Day Volume”), and buyer shall not be obligated to purchase hereunder or accept and/or price fruit production exceeding one hundred five percent (105%) of the Final 30 Day Volume for each variety contracted. 

  
 OR, ALTERNATIVELY 
  

	x	“Box Contract”. Contracted boxes (weight boxes) of fruit meeting the specifications and requirements of this Contract must be delivered in its entirety.

  
 OR, ALTERNATIVELY 
  

	 ̈	“Pound Solids Contract”. Contracted pound solids of fruit meeting the specifications and requirements of this Contract must be delivered in its entirety. In
the event Seller is unable to complete the delivery of the agreed upon pound solids in the specified crop year, for whatever reason, Buyer will advise Seller of the dollar buyout value of the undelivered pound solids and Seller shall remit to Buyer
sufficient funds within five (5) business days. Under a Pound Solids Contract in no event shall Seller be excused from performance of its obligations hereunder on account of any act of God or force majeure cause such as those referenced with
regard to Seller’s performance in Clause 8 of this Contract. 

	3.	DESCRIPTION AND PRICE: This unit shall be the standard box, or pound solids, as indicated. Unless otherwise specified, the term “box” shall mean standard weight box
of 90 pounds for Early/mid and Valencia. All fruit delivered hereunder shall be of Florida origin, be of sound and merchantable quality, meet all applicable State and Federal laws and regulations and Buyer’s individual plant requirements
specified below. Late bloom fruit is excluded from this Contract unless buyer specifically authorizes delivery of such fruit. Prior to acceptance by the Florida Department of Agriculture inspection Service, Seller assumes all risks of loss including
without limitation, losses due to freeze, cold, hail, fire, hurricane, tornado, windstorm, theft, or other hazard or calamity beyond the control of Buyer. 

  
 In the event fruit does not meet the specifications in Paragraphs 3 and/or 4, Buyer may elect but is not obligated to accept
fruit not meeting such specifications. 
  

	4.	SPECIFICATIONS: For the purpose of this Contract, the term “Oranges” shall mean only “Round Oranges” and shall not include Navels, Parson Browns,
Ambersweets, Satsumas, Temples, Tangerines and/or Tangelos. Each load of fruit must be fully merchantable at time of delivery and must conform to all applicable laws and regulations, including those dealing with spray and residual tolerances. Seller
shall not deliver, and Buyer shall not be obligated to accept delivery of, fruit from citrus canker quarantine zones or fruit that requires special handling. In addition, Buyer may reject any loads containing unwholesome fruit (such as decay, mold,
splits, weather damage, plugged, mixed loads, (mixing of Early/mid and Valencia varieties) and/or abnormal fruit size (under 1 1/2 inches and over 3 7/8 inches in diameter) which Buyer in its sole discretion deems excessive. Buyer may also reject
any loads containing “artificial trash” (including but not limited to: bottles, beverage cans, trash bags, chemical containers, coolers, hydraulic fluid, etc.). In the event Buyer finds any such artificial trash during unloading, buyer may
at its discretion either charge additional culls for cleaning out the artificial trash or reject the load. Each load of oranges delivered under this Contract will have a minimum solids content of 9.5 degrees Brix for Early/mid-season fruit and 10.5
degrees Brix for Valencia fruit. Each load of oranges for all varieties will have a minimum ratio of 12.0:1 and a maximum ratio as defined below by the applicable marked box. Oranges that do not comply with the ratio specifications will be governed
by one of the following options: (Mark the applicable box below.) 

  
 No ratio discount will apply. For purposes of measuring the value of no ratio discounts, the ratio discount clause shall be used to calculate the ratio of non-conforming fruit. 
  

	 ̈	If the weekly average fruit deliveries exceed the maximum ratio (20.0:1) and individual loads are not higher than 24.0:1, Seller’s total weekly deliveries of all fruit
calculated in the weekly average (whether within or outside of maximum ratio specifications) shall be discounted by $0.05 per pound solid. Fruit deliveries with ratios exceeding 24.0:1 or not meeting the minimum ratio specifications, if accepted by
Buyer, shall be discounted at Buyer’s sole discretion on a load-by-load basis. 

  
 OR ALTERNATIVELY 
  

	 ̈	On a load-by-load basis, any fruit delivery with a ratio of 22.0:1 to 24.0:1 shall be discounted by $0.05 per pound solid. Fruit deliveries with ratios exceeding 24.0:1 or not
meeting the minimum ratio specifications, if accepted by Buyer, shall be discounted at Buyer’s sole discretion on a load-by-load basis. 

  

	5.	HARVESTING: During the term of this Contract, Buyer shall have the right of ingress and egress to the grove or groves listed in the contract for the purpose of inspecting,
testing, or harvesting and removing the fruit. Seller hereby warrants to Buyer and agrees to certify to Buyer at the time of harvesting of said fruit purchased that any pesticides, herbicides, fungicides and other agricultural chemicals used in the
production of said orange crop or to which said orange crop is at any time exposed, have been used and applied in accordance with all applicable local, state and federal laws and regulations including the Federal Worker Protection Standard, and that
any applicable waiting period(s) have expired and that it is safe for workers to enter the harvesting area and harvest the orange crop. Responsibility for harvesting and delivering of the fruit in this Contract shall be governed by the box marked
below: (Mark the applicable box below.) 

  

	 ̈	Seller will harvest or will arrange for harvesting of the fruit covered by this Contract. At the time title to fruit passes to Buyer, Buyer will deduct all appropriate fees,
charges, costs, etc. outlined in clauses 4 and/or 6 from amounts owed to Seller. 

  

 2 

	x	Buyer, acting as agent for Seller, will arrange with independent contract harvesters for the harvesting of the fruit covered by this Contract. Harvesting will be at
Buyer’s direction after the fruit meets Federal and State tests and Buyer’s requirements. At the time Buyer harvests this fruit, Buyer will deduct all actual harvesting costs, including all appropriate fees, charges, costs, etc. outlined
in clauses 4 and/or 6 from amounts owed to Seller. In addition, a fee as determined by Buyer will be assessed to partially offset the cost of the quality assurance in field and contract compliance and harvesting accounting. 

 

	6.	PAYMENT: Purchase Price. Buyer shall pay the purchase price of the fruit as defined in this contract minus deductions to Seller two weeks following the week of
delivery, and provide Seller therewith an explanation and accounting thereof. 

  
 Pricing Adjustments. This Contract and the pricing calculations contained herein are based upon the applicable tariffs, rules, regulations and laws of the Federal, State and local governmental bodies for fruit
purchases and processing as of the date of this Contract. The parties agree that should any of these items change during the pendency of this Contract, the calculated price per pound of solids as provided herein shall also be changed to reflect the
economic impact of the change, provided that the change is not offset with an equal compensatory change to the Buyer in another area. In the event the economic impact cannot be agreed upon, the Contract balances may be cancelled by mutual agreement
without further liability or obligation upon either party. 
  
 Taxes and Industry Assessments. Buyer shall have the right to deduct from any amount otherwise required to be paid hereunder by buyer to Seller, and Seller shall bear the entire cost of, any applicable grower taxes and industry
assessments, including, without limitation, canker taxes and advertising taxes, as authorized and collected pursuant to the laws and regulations of the State of Florida and/or Department of Citrus (Florida Citrus Commission). If Seller is a member
of Florida Citrus Mutual, Buyer will deduct applicable membership assessments from payments due under this Contract. If Seller has agreed to the deduction for the Citrus Tariff Preservation Fund, Buyer will deduct applicable assessment from payment
due under this Contract. 
  
 Other Deductions. Buyer shall
also have the right to deduct, withhold, setoff or charge back against any amount otherwise required to be paid hereunder by Buyer to Seller fruit culls (for unwholesome fruit, leaves and limbs, artificial trash, etc.), unloading fees, citrus canker
compliance costs, and any re-grading charges imposed by Buyer, in accordance with customary industry standards and practices at Buyer’s discretion. 
  

	7.	SELLER’S OBLIGATION TO MEET QUALITY AND COMPLIANCE REQUIREMENTS: Seller shall perform all reasonable citrus caretaking and culture practices, generally accepted
and approved, for growing the fruit to normal fruit merchantability and maintain such quality until picking. Seller shall refrain from any practice that will cause the fruit to deteriorate in quality or quantity, regardless of type of purchase.
Seller hereby warrants to Buyer and agrees to certify to Buyer that any pesticides, herbicides, fungicides and other agricultural chemicals used in the production of said orange crop or to which said orange crop is at any time exposed, have been
used and applied in accordance with all applicable local, state and federal laws and regulations including the Federal Worker Protection Standard, and that any applicable waiting period(s) have expired. Seller will cause the fruit to meet solids,
acids, ratio and quality standards imposed by applicable State and Federal laws and regulations and Buyer’s individual plant requirements. If Seller fails or refuses to meet the obligation of this paragraph, buyer may terminate this Contract.

  

	8.	OBSTACLES TO PERFORMANCE: Neither Seller nor Buyer shall be liable for any prevention or delay in its performance resulting, in whole or in part, directly or indirectly, from
any cause beyond its reasonable control. Such causes may include acts of God, war, fire, freeze, hurricane, tornado, windstorm, strike, labor dispute, embargo, quarantine, governmental restrictions on shipping and movement of fruit, inability to
obtain transportation, and inability to obtain labor. In the event Seller is unable to pick and remove fruit due to circumstances beyond its control, Buyer shall have the option to do so, and have the right of access, and charge Seller for such
service at Buyer’s cost plus a reasonable service fee. Whenever Buyer has the option to pick and remove fruit and is delayed in so doing by circumstances beyond its control, Buyer shall have a reasonable amount of additional time to pick and
remove the fruit and the option to release the harvesting responsibilities back to the Seller without further recourse. In the event of a natural calamity (including but not limited to freeze, drought, flood or storm), other sellers under agreement
with Buyer may make demands on Buyer for fruit harvesting and/or processing that exceed Buyer’s capabilities. In such event, Seller understands and agrees that Buyer shall allocate harvesting, deliveries and processing capacity, in its sole
discretion, in a reasonable manner. Such allocations shall not constitute an inability or refusal by Buyer to perform, or a breach of this Contract. 

  

 3 

	9.	OWNERSHIP WARRANTY: Seller warrants that it has good title, right and authority to sell all of the fruit, free and clear of all liens, encumbrances, and restrictions of any
kind, and this shall be a continuing warranty during the term of this Contract. The individual signing this Contract on behalf of Seller represents that he/she has the authority to do so. 

  

	10.	REMEDIES: Due to the variable, uncertain, and unstable nature of citrus markets and supply of fruit, Seller and Buyer recognize and agree that a default or a breach in the
respective party’s delivery or purchase obligations hereunder will result in damages to the other party that are uncertain and not easily susceptible to proof. It is the intent of Seller and Buyer to liquidate damages in advance of any such
default or breach. Accordingly, if Seller fails to deliver the fruit to Buyer or buyer fails to purchase, pursuant to the terms of this Agreement, the party which has breached its obligations hereunder shall pay to the other party as liquidated
damages and not a penalty: 

  

	 	A.	the sum of $2.00 per ninety (90) pound box of fruit not so delivered or purchased, as the case may be: 

 Or 

	 	B.	if greater, in the case of Seller’s failure to deliver the fruit as provided herein, twenty percent (20%) of the price, or equivalent other consideration received by
Seller for the transfer, assignment, sale or delivery of fruit to anyone other than buyer. 

  
 Seller agrees that notwithstanding the foregoing, liquidated damages provision, that damages at law will be an insufficient remedy to Buyer, in the event
that Seller fails to deliver the fruit to buyer, and that Buyer shall be entitled, upon application to a Court of competent jurisdiction, to obtain specific performance or injunctive relief to enforce the provisions of this Contract requiring the
delivery of the fruit to Buyer, which specific performance or injunctive relief shall be in addition to Buyer’s right to liquidated damages set forth above, and any other rights or remedies available to Buyer, it being the intent of the parties
that all remedies specified herein shall be cumulative and in addition to other or further remedies provided by law or equity. Acceptance of any delivery by buyer after breach of any provision of this Contract by Seller shall not waive any rights or
remedies of Buyer as a result of such breach or any subsequent breach. Seller shall be liable for any attorney’s fees incurred by Buyer to enforce its rights under this Contract. 
  
 Seller agrees to indemnify and save Buyer harmless from any and all liabilities, loss, cost, fines, penalties, damage or
expense, including without limitation, attorney’s fees, arising out of the performance, nonperformance, or any breach by Seller, its employees, crew leaders or subcontractors, of any provision of this Contract. 
  

	11.	INSURANCE: Seller shall obtain and maintain at all times during the term of this Contract either directly or indirectly through companies or subcontractors reasonably
acceptable to Buyer the following types of insurance: 

  

	 	A.	Commercial general liability insurance, including contractual liability, providing for coverage in an amount of at least $1,000,000; 

  

	 	B.	Automobile liability insurance providing for coverage in amounts of at least $100,000 per person, $1,000,000 aggregate for bodily injury, and $300,000 for property damage; and

  

	 	C.	Workers’ compensation insurance providing for coverage at statutory limits. 

  
 If requested by Buyer, Seller shall have Buyer named as an additional insured on the liability policies of insurance
required and provide Buyer with certificates of insurance evidencing such policies of insurance. Without in any way limiting the foregoing requirements, Seller also shall provide Buyer with at least thirty days (30) written notice prior to any
cancellation, non-renewal or material change in such insurance coverage. 
  

	12.	BOND DISCLAIMER: A bond or certificate of deposit posted with the Florida Department of Agriculture and Consumer Services does not necessarily insure full payment of claims
for any non-performance under this Contract. 

  

	13.	EQUAL EMPLOYMENT OPPORTUNITY: Some of the citrus fruit products sold hereunder may be used on a contract with the Federal Government to which would apply the
provisions of the following orders or acts: Section 202 of Executive Order 11246; Section 402 of the Vietnam ERA Veterans Readjustment Act of 1974; and Section 503 of the Rehabilitation Act of 1973; by specific reference, those
sections are consequently incorporated herein. 

  

	14.	 TRANSFER/ASSIGNMENT: This Contract may not be assigned or transferred by Seller without the written consent of buyer. This Contract may be assigned or
transferred by Buyer to any third party or successor in interest. In the event 

  

 4 

 
of the sale of the groves or change in the identity or ownership of 10% or more of the ownership of the groves or principals or shareholders of Seller (if a
partnership, corporation, LLC, etc.), Buyer may either terminate this Contract forthwith without liability to Seller or may enforce this Contract against Seller or its successor in interest. 
  

	15.	ENTIRE CONTRACT: This Contract constitutes the entire agreement of the parties hereto and supersedes all prior and contemporaneous agreements, representations and
understandings of the parties. No waiver of the provisions of this Contract shall be deemed or shall constitute a waiver of any other provisions, nor shall any waiver constitute a continuing waiver. This contract may not be supplemented, altered,
modified or amended or otherwise changed except by an instrument in writing signed by the parties hereto. The course of dealing or course of performance between the parties hereto shall not commit either party to duties or obligations which are not
expressly stated by this Contract. 

  

	16.	GOVERNING LAWS: The laws of the State of Florida will govern this Contract. If any part of this Contract is found to be void or unenforceable, the provisions herein shall be
severable and those provisions, which are lawful, shall remain in full force and effect. 

  

					
	 SIGNED IN THE PRESENCE OF:
	 	 	 	 SIGNED IN THE PRESENCE OF:

			
	  	 	 	 	  
	 CARGILL JUICE NORTH AMERICA, INC.
	 	 	 	 SELLER: South Fort Meade Land Mgt.

			
	 	 	 	 	 
	 Agent for Buyer:
	 	 	 	 BY: Tom Pospichal, Manager

  
  
  

 5 

 FRUIT PURCHASE CONTRACT 
 Oranges 
  

					
	Seller:	 	South Fort Meade Land Mgt.	  	Contract No.: 21881
	Address:	 	 3989 S. Dixianna Dr.
 Bowling Green, FL
33834
	  	 Date of Contract: March 21, 2005
 Mutual Member:
Yes
 Citrus Tariff Preservation Fund: Yes

  

	1.	This Contract is by and between CARGILL JUICE NORTH AMERICA, INC. of Frostproof, Florida, a Delaware Corporation, hereinafter referred to as “Buyer” and South Fort
Meade Land Mgt. hereinafter referred to as “Seller.” Seller agrees to sell and Buyer agrees to buy the following described fruit covering the 2005/2006 crop year. 

  

									
	Variety

	 	Contracted Boxes

	 	Price

	 	Unit

	 	Grove Location

	Early and Middle (E/M) Oranges	 	200,000	 	0.85 Gross	 	Pounds Solids (P.S.)	 	Pioneer Blocks
	Valencia Oranges	 	100,000	 	1.05 Gross	 	Pounds Solids (P.S.)	 	Pionner Blocks

  

	2.	UTILIZATION: Delivery of this fruit shall be scheduled during the 2005/2006 crop year but solely at the discretion of the Buyer. If Seller has more than one fruit
purchase contract with Buyer, the delivery of fruit against each contract shall be at Buyer’s sole discretion. Buyer shall direct the delivery of the above fruit to meet the processing schedule of Buyer’s facility at Avon Park and/or
Frostproof. If Buyer directs the delivery of the above fruit to any other processing facility, any fruit freight penalty shall be paid or fruit freight premium shall be collected by Buyer based on a mutually agreeable commercial third party
transportation company freight rate differential from the grove location to the other processing facility location versus central Florida. The title to all fruit delivered under the terms of this Contract shall pass to Buyer at time of acceptance by
the Florida Department of Agriculture Inspection Service. The quantity of fruit to be delivered by Seller shall be governed by one of the following options: (Mark the applicable box below.) 

  

	 ̈	“Production Contract”. The entire crop of fruit from the above mentioned grove(s) must be delivered in its entirety. Buyer has the right to reject or accept
any fruit not in compliance with the specifications or requirements of this Contract. If fruit is accepted that is not in compliance with the specifications or requirements of this contract, Buyer may, at its sole discretion make allowances from the
Contract price. Notwithstanding anything to the contrary in this Contract, Buyer and Seller shall mutually agree upon the fruit delivery schedule during the final 30 Days of the delivery period hereunder for each variety contracted (the “Final
30 Day Volume”), and buyer shall not be obligated to purchase hereunder or accept and/or price fruit production exceeding one hundred five percent (105%) of the Final 30 Day Volume for each variety contracted. 

  
 OR, ALTERNATIVELY 
  

	x	“Box Contract”. Contracted boxes (weight boxes) of fruit meeting the specifications and requirements of this Contract must be delivered in its entirety.

  
 OR, ALTERNATIVELY 
  

	 ̈	“Pound Solids Contract”. Contracted pound solids of fruit meeting the specifications and requirements of this Contract must be delivered in its entirety. In
the event Seller is unable to complete the delivery of the agreed upon pound solids in the specified crop year, for whatever reason, Buyer will advise Seller of the dollar buyout value of the undelivered pound solids and Seller shall remit to Buyer
sufficient funds within five (5) business days. Under a Pound Solids Contract in no event shall Seller be excused from performance of its obligations hereunder on account of any act of God or force majeure cause such as those referenced with
regard to Seller’s performance in Clause 8 of this Contract. 

	3.	DESCRIPTION AND PRICE: This unit shall be the standard box, or pound solids, as indicated. Unless otherwise specified, the term “box” shall mean standard weight box
of 90 pounds for Early/mid and Valencia. All fruit delivered hereunder shall be of Florida origin, be of sound and merchantable quality, meet all applicable State and Federal laws and regulations and Buyer’s individual plant requirements
specified below. Late bloom fruit is excluded from this Contract unless buyer specifically authorizes delivery of such fruit. Prior to acceptance by the Florida Department of Agriculture inspection Service, Seller assumes all risks of loss including
without limitation, losses due to freeze, cold, hail, fire, hurricane, tornado, windstorm, theft, or other hazard or calamity beyond the control of Buyer. 

  
 In the event fruit does not meet the specifications in Paragraphs 3 and/or 4, Buyer may elect but is not obligated to accept
fruit not meeting such specifications. 
  

	4.	SPECIFICATIONS: For the purpose of this Contract, the term “Oranges” shall mean only “Round Oranges” and shall not include Navels, Parson Browns,
Ambersweets, Satsumas, Temples, Tangerines and/or Tangelos. Each load of fruit must be fully merchantable at time of delivery and must conform to all applicable laws and regulations, including those dealing with spray and residual tolerances. Seller
shall not deliver, and Buyer shall not be obligated to accept delivery of, fruit from citrus canker quarantine zones or fruit that requires special handling. In addition, Buyer may reject any loads containing unwholesome fruit (such as decay, mold,
splits, weather damage, plugged, mixed loads, (mixing of Early/mid and Valencia varieties) and/or abnormal fruit size (under 1 1/2 inches and over 3 7/8 inches in diameter) which Buyer in its sole discretion deems excessive. Buyer may also reject
any loads containing “artificial trash” (including but not limited to: bottles, beverage cans, trash bags, chemical containers, coolers, hydraulic fluid, etc.). In the event Buyer finds any such artificial trash during unloading, buyer may
at its discretion either charge additional culls for cleaning out the artificial trash or reject the load. Each load of oranges delivered under this Contract will have a minimum solids content of 9.5 degrees Brix for Early/mid-season fruit and 10.5
degrees Brix for Valencia fruit. Each load of oranges for all varieties will have a minimum ratio of 12.0:1 and a maximum ratio as defined below by the applicable marked box. Oranges that do not comply with the ratio specifications will be governed
by one of the following options: (Mark the applicable box below.) 

  
 No ratio discount will apply. For purposes of measuring the value of no ratio discounts, the ratio discount clause shall be used to calculate the ratio of non-conforming fruit. 
  

	 ̈	If the weekly average fruit deliveries exceed the maximum ratio (20.0:1) and individual loads are not higher than 24.0:1, Seller’s total weekly deliveries of all fruit
calculated in the weekly average (whether within or outside of maximum ratio specifications) shall be discounted by $0.05 per pound solid. Fruit deliveries with ratios exceeding 24.0:1 or not meeting the minimum ratio specifications, if accepted by
Buyer, shall be discounted at Buyer’s sole discretion on a load-by-load basis. 

  
 OR ALTERNATIVELY 
  

	 ̈	On a load-by-load basis, any fruit delivery with a ratio of 22.0:1 to 24.0:1 shall be discounted by $0.05 per pound solid. Fruit deliveries with ratios exceeding 24.0:1 or not
meeting the minimum ratio specifications, if accepted by Buyer, shall be discounted at Buyer’s sole discretion on a load-by-load basis. 

  

	5.	HARVESTING: During the term of this Contract, Buyer shall have the right of ingress and egress to the grove or groves listed in the contract for the purpose of inspecting,
testing, or harvesting and removing the fruit. Seller hereby warrants to Buyer and agrees to certify to Buyer at the time of harvesting of said fruit purchased that any pesticides, herbicides, fungicides and other agricultural chemicals used in the
production of said orange crop or to which said orange crop is at any time exposed, have been used and applied in accordance with all applicable local, state and federal laws and regulations including the Federal Worker Protection Standard, and that
any applicable waiting period(s) have expired and that it is safe for workers to enter the harvesting area and harvest the orange crop. Responsibility for harvesting and delivering of the fruit in this Contract shall be governed by the box marked
below: (Mark the applicable box below.) 

  

	 ̈	Seller will harvest or will arrange for harvesting of the fruit covered by this Contract. At the time title to fruit passes to Buyer, Buyer will deduct all appropriate fees,
charges, costs, etc. outlined in clauses 4 and/or 6 from amounts owed to Seller. 

  

 2 

	x	Buyer, acting as agent for Seller, will arrange with independent contract harvesters for the harvesting of the fruit covered by this Contract. Harvesting will be at
Buyer’s direction after the fruit meets Federal and State tests and Buyer’s requirements. At the time Buyer harvests this fruit, Buyer will deduct all actual harvesting costs, including all appropriate fees, charges, costs, etc. outlined
in clauses 4 and/or 6 from amounts owed to Seller. In addition, a fee as determined by Buyer will be assessed to partially offset the cost of the quality assurance in field and contract compliance and harvesting accounting. 

 

	6.	PAYMENT: Purchase Price. Buyer shall pay the purchase price of the fruit as defined in this contract minus deductions to Seller two weeks following the week of
delivery, and provide Seller therewith an explanation and accounting thereof. 

  
 Pricing Adjustments. This Contract and the pricing calculations contained herein are based upon the applicable tariffs, rules, regulations and laws of the Federal, State and local governmental bodies for fruit
purchases and processing as of the date of this Contract. The parties agree that should any of these items change during the pendency of this Contract, the calculated price per pound of solids as provided herein shall also be changed to reflect the
economic impact of the change, provided that the change is not offset with an equal compensatory change to the Buyer in another area. In the event the economic impact cannot be agreed upon, the Contract balances may be cancelled by mutual agreement
without further liability or obligation upon either party. 
  
 Taxes and Industry Assessments. Buyer shall have the right to deduct from any amount otherwise required to be paid hereunder by buyer to Seller, and Seller shall bear the entire cost of, any applicable grower taxes and industry
assessments, including, without limitation, canker taxes and advertising taxes, as authorized and collected pursuant to the laws and regulations of the State of Florida and/or Department of Citrus (Florida Citrus Commission). If Seller is a member
of Florida Citrus Mutual, Buyer will deduct applicable membership assessments from payments due under this Contract. If Seller has agreed to the deduction for the Citrus Tariff Preservation Fund, Buyer will deduct applicable assessment from payment
due under this Contract. 
  
 Other Deductions. Buyer shall
also have the right to deduct, withhold, setoff or charge back against any amount otherwise required to be paid hereunder by Buyer to Seller fruit culls (for unwholesome fruit, leaves and limbs, artificial trash, etc.), unloading fees, citrus canker
compliance costs, and any re-grading charges imposed by Buyer, in accordance with customary industry standards and practices at Buyer’s discretion. 
  

	7.	SELLER’S OBLIGATION TO MEET QUALITY AND COMPLIANCE REQUIREMENTS: Seller shall perform all reasonable citrus caretaking and culture practices, generally accepted and
approved, for growing the fruit to normal fruit merchantability and maintain such quality until picking. Seller shall refrain from any practice that will cause the fruit to deteriorate in quality or quantity, regardless of type of purchase. Seller
hereby warrants to Buyer and agrees to certify to Buyer that any pesticides, herbicides, fungicides and other agricultural chemicals used in the production of said orange crop or to which said orange crop is at any time exposed, have been used and
applied in accordance with all applicable local, state and federal laws and regulations including the Federal Worker Protection Standard, and that any applicable waiting period(s) have expired. Seller will cause the fruit to meet solids, acids,
ratio and quality standards imposed by applicable State and Federal laws and regulations and Buyer’s individual plant requirements. If Seller fails or refuses to meet the obligation of this paragraph, buyer may terminate this Contract.

  

	8.	OBSTACLES TO PERFORMANCE: Neither Seller nor Buyer shall be liable for any prevention or delay in its performance resulting, in whole or in part, directly or indirectly, from
any cause beyond its reasonable control. Such causes may include acts of God, war, fire, freeze, hurricane, tornado, windstorm, strike, labor dispute, embargo, quarantine, governmental restrictions on shipping and movement of fruit, inability to
obtain transportation, and inability to obtain labor. In the event Seller is unable to pick and remove fruit due to circumstances beyond its control, Buyer shall have the option to do so, and have the right of access, and charge Seller for such
service at Buyer’s cost plus a reasonable service fee. Whenever Buyer has the option to pick and remove fruit and is delayed in so doing by circumstances beyond its control, Buyer shall have a reasonable amount of additional time to pick and
remove the fruit and the option to release the harvesting responsibilities back to the Seller without further recourse. In the event of a natural calamity (including but not limited to freeze, drought, flood or storm), other sellers under agreement
with Buyer may make demands on Buyer for fruit harvesting and/or processing that exceed Buyer’s capabilities. In such event, Seller understands and agrees that Buyer shall allocate harvesting, deliveries and processing capacity, in its sole
discretion, in a reasonable manner. Such allocations shall not constitute an inability or refusal by Buyer to perform, or a breach of this Contract. 

  

 3 

	9.	OWNERSHIP WARRANTY: Seller warrants that it has good title, right and authority to sell all of the fruit, free and clear of all liens, encumbrances, and restrictions of any
kind, and this shall be a continuing warranty during the term of this Contract. The individual signing this Contract on behalf of Seller represents that he/she has the authority to do so. 

  

	10.	REMEDIES: Due to the variable, uncertain, and unstable nature of citrus markets and supply of fruit, Seller and Buyer recognize and agree that a default or a breach in the
respective party’s delivery or purchase obligations hereunder will result in damages to the other party that are uncertain and not easily susceptible to proof. It is the intent of Seller and Buyer to liquidate damages in advance of any such
default or breach. Accordingly, if Seller fails to deliver the fruit to Buyer or buyer fails to purchase, pursuant to the terms of this Agreement, the party which has breached its obligations hereunder shall pay to the other party as liquidated
damages and not a penalty: 

  

	 	A.	the sum of $2.00 per ninety (90) pound box of fruit not so delivered or purchased, as the case may be: 

 Or 

	 	B.	if greater, in the case of Seller’s failure to deliver the fruit as provided herein, twenty percent (20%) of the price, or equivalent other consideration received by
Seller for the transfer, assignment, sale or delivery of fruit to anyone other than buyer. 

  
 Seller agrees that notwithstanding the foregoing, liquidated damages provision, that damages at law will be an insufficient remedy to Buyer, in the event
that Seller fails to deliver the fruit to buyer, and that Buyer shall be entitled, upon application to a Court of competent jurisdiction, to obtain specific performance or injunctive relief to enforce the provisions of this Contract requiring the
delivery of the fruit to Buyer, which specific performance or injunctive relief shall be in addition to Buyer’s right to liquidated damages set forth above, and any other rights or remedies available to Buyer, it being the intent of the parties
that all remedies specified herein shall be cumulative and in addition to other or further remedies provided by law or equity. Acceptance of any delivery by buyer after breach of any provision of this Contract by Seller shall not waive any rights or
remedies of Buyer as a result of such breach or any subsequent breach. Seller shall be liable for any attorney’s fees incurred by Buyer to enforce its rights under this Contract. 
  
 Seller agrees to indemnify and save Buyer harmless from any and all liabilities, loss, cost, fines, penalties, damage or
expense, including without limitation, attorney’s fees, arising out of the performance, nonperformance, or any breach by Seller, its employees, crew leaders or subcontractors, of any provision of this Contract. 
  

	11.	INSURANCE: Seller shall obtain and maintain at all times during the term of this Contract either directly or indirectly through companies or subcontractors reasonably
acceptable to Buyer the following types of insurance: 

  

	 	A.	Commercial general liability insurance, including contractual liability, providing for coverage in an amount of at least $1,000,000; 

  

	 	B.	Automobile liability insurance providing for coverage in amounts of at least $100,000 per person, $1,000,000 aggregate for bodily injury, and $300,000 for property damage; and

  

	 	C.	Workers’ compensation insurance providing for coverage at statutory limits. 

  
 If requested by Buyer, Seller shall have Buyer named as an additional insured on the liability policies of insurance
required and provide Buyer with certificates of insurance evidencing such policies of insurance. Without in any way limiting the foregoing requirements, Seller also shall provide Buyer with at least thirty days (30) written notice prior to any
cancellation, non-renewal or material change in such insurance coverage. 
  

	12.	BOND DISCLAIMER: A bond or certificate of deposit posted with the Florida Department of Agriculture and Consumer Services does not necessarily insure full payment of claims
for any non-performance under this Contract. 

  

	13.	EQUAL EMPLOYMENT OPPORTUNITY: Some of the citrus fruit products sold hereunder may be used on a contract with the Federal Government to which would apply the provisions of
the following orders or acts: Section 202 of Executive Order 11246; Section 402 of the Vietnam ERA Veterans Readjustment Act of 1974; and Section 503 of the Rehabilitation Act of 1973; by specific reference, those sections are
consequently incorporated herein. 

  

	14.	 TRANSFER/ASSIGNMENT: This Contract may not be assigned or transferred by Seller without the written consent of buyer. This Contract may be assigned or
transferred by Buyer to any third party or successor in interest. In the event 

  

 4 

 
of the sale of the groves or change in the identity or ownership of 10% or more of the ownership of the groves or principals or shareholders of Seller (if a
partnership, corporation, LLC, etc.), Buyer may either terminate this Contract forthwith without liability to Seller or may enforce this Contract against Seller or its successor in interest. 
  

	15.	ENTIRE CONTRACT: This Contract constitutes the entire agreement of the parties hereto and supersedes all prior and contemporaneous agreements, representations and
understandings of the parties. No waiver of the provisions of this Contract shall be deemed or shall constitute a waiver of any other provisions, nor shall any waiver constitute a continuing waiver. This contract may not be supplemented, altered,
modified or amended or otherwise changed except by an instrument in writing signed by the parties hereto. The course of dealing or course of performance between the parties hereto shall not commit either party to duties or obligations which are not
expressly stated by this Contract. 

  

	16.	GOVERNING LAWS: The laws of the State of Florida will govern this Contract. If any part of this Contract is found to be void or unenforceable, the provisions herein shall be
severable and those provisions, which are lawful, shall remain in full force and effect. 

  

					
	 SIGNED IN THE PRESENCE OF:
	 	 	 	 SIGNED IN THE PRESENCE OF:

			
	  	 	 	 	  
	 CARGILL JUICE NORTH AMERICA, INC.
	 	 	 	 SELLER: South Fort Meade Land Mgt.

			
	 	 	 	 	 
	 Agent for Buyer:
	 	 	 	 BY: Tom Pospichal, Manager

  

 5 

 FRUIT PURCHASE CONTRACT 
 Oranges 
  

					
	Seller:	 	South Fort Meade Land Mgt.	  	Contract No.: 21882
	Address:	 	 3989 S. Dixianna Dr.
 Bowling Green, FL
33834
	  	 Date of Contract: March 21, 2005
 Mutual Member:
Yes
 Citrus Tariff Preservation Fund: Yes

  

	1.	This Contract is by and between CARGILL JUICE NORTH AMERICA, INC. of Frostproof, Florida, a Delaware Corporation, hereinafter referred to as “Buyer” and South Fort
Meade Land Mgt. hereinafter referred to as “Seller.” Seller agrees to sell and Buyer agrees to buy the following described fruit covering the 2005/2006 crop year. 

  

									
	Variety

	 	Contracted Boxes

	 	Price

	 	Unit

	 	Grove Location

	Early and Middle (E/M) Oranges	 	200,000	 	0.85 Gross	 	Pounds Solids (P.S.)	 	Cargill Blocks
	Valencia Oranges	 	100,000	 	1.05 Gross	 	Pounds Solids (P.S.)	 	Cargill Blocks

  

	2.	UTILIZATION: Delivery of this fruit shall be scheduled during the 2005/2006 crop year but solely at the discretion of the Buyer. If Seller has more than one fruit
purchase contract with Buyer, the delivery of fruit against each contract shall be at Buyer’s sole discretion. Buyer shall direct the delivery of the above fruit to meet the processing schedule of Buyer’s facility at Avon Park and/or
Frostproof. If Buyer directs the delivery of the above fruit to any other processing facility, any fruit freight penalty shall be paid or fruit freight premium shall be collected by Buyer based on a mutually agreeable commercial third party
transportation company freight rate differential from the grove location to the other processing facility location versus central Florida. The title to all fruit delivered under the terms of this Contract shall pass to Buyer at time of acceptance by
the Florida Department of Agriculture Inspection Service. The quantity of fruit to be delivered by Seller shall be governed by one of the following options: (Mark the applicable box below.) 

  

	 ̈	“Production Contract”. The entire crop of fruit from the above mentioned grove(s) must be delivered in its entirety. Buyer has the right to reject or accept
any fruit not in compliance with the specifications or requirements of this Contract. If fruit is accepted that is not in compliance with the specifications or requirements of this contract, Buyer may, at its sole discretion make allowances from the
Contract price. Notwithstanding anything to the contrary in this Contract, Buyer and Seller shall mutually agree upon the fruit delivery schedule during the final 30 Days of the delivery period hereunder for each variety contracted (the “Final
30 Day Volume”), and buyer shall not be obligated to purchase hereunder or accept and/or price fruit production exceeding one hundred five percent (105%) of the Final 30 Day Volume for each variety contracted. 

  
 OR, ALTERNATIVELY 
  

	x	“Box Contract”. Contracted boxes (weight boxes) of fruit meeting the specifications and requirements of this Contract must be delivered in its entirety.

  
 OR, ALTERNATIVELY 
  

	 ̈	“Pound Solids Contract”. Contracted pound solids of fruit meeting the specifications and requirements of this Contract must be delivered in its entirety. In
the event Seller is unable to complete the delivery of the agreed upon pound solids in the specified crop year, for whatever reason, Buyer will advise Seller of the dollar buyout value of the undelivered pound solids and Seller shall remit to Buyer
sufficient funds within five (5) business days. Under a Pound Solids Contract in no event shall Seller be excused from performance of its obligations hereunder on account of any act of God or force majeure cause such as those referenced with
regard to Seller’s performance in Clause 8 of this Contract. 

	3.	DESCRIPTION AND PRICE: This unit shall be the standard box, or pound solids, as indicated. Unless otherwise specified, the term “box” shall mean standard weight box
of 90 pounds for Early/mid and Valencia. All fruit delivered hereunder shall be of Florida origin, be of sound and merchantable quality, meet all applicable State and Federal laws and regulations and Buyer’s individual plant requirements
specified below. Late bloom fruit is excluded from this Contract unless buyer specifically authorizes delivery of such fruit. Prior to acceptance by the Florida Department of Agriculture inspection Service, Seller assumes all risks of loss including
without limitation, losses due to freeze, cold, hail, fire, hurricane, tornado, windstorm, theft, or other hazard or calamity beyond the control of Buyer. 

  
 In the event fruit does not meet the specifications in Paragraphs 3 and/or 4, Buyer may elect but is not obligated to accept
fruit not meeting such specifications. 
  

	4.	SPECIFICATIONS: For the purpose of this Contract, the term “Oranges” shall mean only “Round Oranges” and shall not include Navels, Parson Browns,
Ambersweets, Satsumas, Temples, Tangerines and/or Tangelos. Each load of fruit must be fully merchantable at time of delivery and must conform to all applicable laws and regulations, including those dealing with spray and residual tolerances. Seller
shall not deliver, and Buyer shall not be obligated to accept delivery of, fruit from citrus canker quarantine zones or fruit that requires special handling. In addition, Buyer may reject any loads containing unwholesome fruit (such as decay, mold,
splits, weather damage, plugged, mixed loads, (mixing of Early/mid and Valencia varieties) and/or abnormal fruit size (under 1 1/2 inches and over 3 7/8 inches in diameter) which Buyer in its sole discretion deems excessive. Buyer may also reject
any loads containing “artificial trash” (including but not limited to: bottles, beverage cans, trash bags, chemical containers, coolers, hydraulic fluid, etc.). In the event Buyer finds any such artificial trash during unloading, buyer may
at its discretion either charge additional culls for cleaning out the artificial trash or reject the load. Each load of oranges delivered under this Contract will have a minimum solids content of 9.5 degrees Brix for Early/mid-season fruit and 10.5
degrees Brix for Valencia fruit. Each load of oranges for all varieties will have a minimum ratio of 12.0:1 and a maximum ratio as defined below by the applicable marked box. Oranges that do not comply with the ratio specifications will be governed
by one of the following options: (Mark the applicable box below.) 

  
 No ratio discount will apply. For purposes of measuring the value of no ratio discounts, the ratio discount clause shall be used to calculate the ratio of non-conforming fruit. 
  

	 ̈	If the weekly average fruit deliveries exceed the maximum ratio (20.0:1) and individual loads are not higher than 24.0:1, Seller’s total weekly deliveries of all fruit
calculated in the weekly average (whether within or outside of maximum ratio specifications) shall be discounted by $0.05 per pound solid. Fruit deliveries with ratios exceeding 24.0:1 or not meeting the minimum ratio specifications, if accepted by
Buyer, shall be discounted at Buyer’s sole discretion on a load-by-load basis. 

  
 OR ALTERNATIVELY 
  

	 ̈	On a load-by-load basis, any fruit delivery with a ratio of 22.0:1 to 24.0:1 shall be discounted by $0.05 per pound solid. Fruit deliveries with ratios exceeding 24.0:1 or not
meeting the minimum ratio specifications, if accepted by Buyer, shall be discounted at Buyer’s sole discretion on a load-by-load basis. 

  

	5.	HARVESTING: During the term of this Contract, Buyer shall have the right of ingress and egress to the grove or groves listed in the contract for the purpose of inspecting,
testing, or harvesting and removing the fruit. Seller hereby warrants to Buyer and agrees to certify to Buyer at the time of harvesting of said fruit purchased that any pesticides, herbicides, fungicides and other agricultural chemicals used in the
production of said orange crop or to which said orange crop is at any time exposed, have been used and applied in accordance with all applicable local, state and federal laws and regulations including the Federal Worker Protection Standard, and that
any applicable waiting period(s) have expired and that it is safe for workers to enter the harvesting area and harvest the orange crop. Responsibility for harvesting and delivering of the fruit in this Contract shall be governed by the box marked
below: (Mark the applicable box below.) 

  

	 ̈	Seller will harvest or will arrange for harvesting of the fruit covered by this Contract. At the time title to fruit passes to Buyer, Buyer will deduct all appropriate fees,
charges, costs, etc. outlined in clauses 4 and/or 6 from amounts owed to Seller. 

  

 2 

	x	Buyer, acting as agent for Seller, will arrange with independent contract harvesters for the harvesting of the fruit covered by this Contract. Harvesting will be at
Buyer’s direction after the fruit meets Federal and State tests and Buyer’s requirements. At the time Buyer harvests this fruit, Buyer will deduct all actual harvesting costs, including all appropriate fees, charges, costs, etc. outlined
in clauses 4 and/or 6 from amounts owed to Seller. In addition, a fee as determined by Buyer will be assessed to partially offset the cost of the quality assurance in field and contract compliance and harvesting accounting. 

 

	6.	PAYMENT: Purchase Price. Buyer shall pay the purchase price of the fruit as defined in this contract minus deductions to Seller two weeks following the week of
delivery, and provide Seller therewith an explanation and accounting thereof. 

  
 Pricing Adjustments. This Contract and the pricing calculations contained herein are based upon the applicable tariffs, rules, regulations and laws of the Federal, State and local governmental bodies for fruit
purchases and processing as of the date of this Contract. The parties agree that should any of these items change during the pendency of this Contract, the calculated price per pound of solids as provided herein shall also be changed to reflect the
economic impact of the change, provided that the change is not offset with an equal compensatory change to the Buyer in another area. In the event the economic impact cannot be agreed upon, the Contract balances may be cancelled by mutual agreement
without further liability or obligation upon either party. 
  
 Taxes and Industry Assessments. Buyer shall have the right to deduct from any amount otherwise required to be paid hereunder by buyer to Seller, and Seller shall bear the entire cost of, any applicable grower taxes and industry
assessments, including, without limitation, canker taxes and advertising taxes, as authorized and collected pursuant to the laws and regulations of the State of Florida and/or Department of Citrus (Florida Citrus Commission). If Seller is a member
of Florida Citrus Mutual, Buyer will deduct applicable membership assessments from payments due under this Contract. If Seller has agreed to the deduction for the Citrus Tariff Preservation Fund, Buyer will deduct applicable assessment from payment
due under this Contract. 
  
 Other Deductions. Buyer shall
also have the right to deduct, withhold, setoff or charge back against any amount otherwise required to be paid hereunder by Buyer to Seller fruit culls (for unwholesome fruit, leaves and limbs, artificial trash, etc.), unloading fees, citrus canker
compliance costs, and any re-grading charges imposed by Buyer, in accordance with customary industry standards and practices at Buyer’s discretion. 
  

	7.	SELLER’S OBLIGATION TO MEET QUALITY AND COMPLIANCE REQUIREMENTS: Seller shall perform all reasonable citrus caretaking and culture practices, generally accepted and
approved, for growing the fruit to normal fruit merchantability and maintain such quality until picking. Seller shall refrain from any practice that will cause the fruit to deteriorate in quality or quantity, regardless of type of purchase. Seller
hereby warrants to Buyer and agrees to certify to Buyer that any pesticides, herbicides, fungicides and other agricultural chemicals used in the production of said orange crop or to which said orange crop is at any time exposed, have been used and
applied in accordance with all applicable local, state and federal laws and regulations including the Federal Worker Protection Standard, and that any applicable waiting period(s) have expired. Seller will cause the fruit to meet solids, acids,
ratio and quality standards imposed by applicable State and Federal laws and regulations and Buyer’s individual plant requirements. If Seller fails or refuses to meet the obligation of this paragraph, buyer may terminate this Contract.

  

	8.	OBSTACLES TO PERFORMANCE: Neither Seller nor Buyer shall be liable for any prevention or delay in its performance resulting, in whole or in part, directly or indirectly, from
any cause beyond its reasonable control. Such causes may include acts of God, war, fire, freeze, hurricane, tornado, windstorm, strike, labor dispute, embargo, quarantine, governmental restrictions on shipping and movement of fruit, inability to
obtain transportation, and inability to obtain labor. In the event Seller is unable to pick and remove fruit due to circumstances beyond its control, Buyer shall have the option to do so, and have the right of access, and charge Seller for such
service at Buyer’s cost plus a reasonable service fee. Whenever Buyer has the option to pick and remove fruit and is delayed in so doing by circumstances beyond its control, Buyer shall have a reasonable amount of additional time to pick and
remove the fruit and the option to release the harvesting responsibilities back to the Seller without further recourse. In the event of a natural calamity (including but not limited to freeze, drought, flood or storm), other sellers under agreement
with Buyer may make demands on Buyer for fruit harvesting and/or processing that exceed Buyer’s capabilities. In such event, Seller understands and agrees that Buyer shall allocate harvesting, deliveries and processing capacity, in its sole
discretion, in a reasonable manner. Such allocations shall not constitute an inability or refusal by Buyer to perform, or a breach of this Contract. 

  

 3 

	9.	OWNERSHIP WARRANTY: Seller warrants that it has good title, right and authority to sell all of the fruit, free and clear of all liens, encumbrances, and restrictions of any
kind, and this shall be a continuing warranty during the term of this Contract. The individual signing this Contract on behalf of Seller represents that he/she has the authority to do so. 

  

	10.	REMEDIES: Due to the variable, uncertain, and unstable nature of citrus markets and supply of fruit, Seller and Buyer recognize and agree that a default or a breach in the
respective party’s delivery or purchase obligations hereunder will result in damages to the other party that are uncertain and not easily susceptible to proof. It is the intent of Seller and Buyer to liquidate damages in advance of any such
default or breach. Accordingly, if Seller fails to deliver the fruit to Buyer or buyer fails to purchase, pursuant to the terms of this Agreement, the party which has breached its obligations hereunder shall pay to the other party as liquidated
damages and not a penalty: 

  

	 	A.	the sum of $2.00 per ninety (90) pound box of fruit not so delivered or purchased, as the case may be: 

 Or 

	 	B.	if greater, in the case of Seller’s failure to deliver the fruit as provided herein, twenty percent (20%) of the price, or equivalent other consideration received by
Seller for the transfer, assignment, sale or delivery of fruit to anyone other than buyer. 

  
 Seller agrees that notwithstanding the foregoing, liquidated damages provision, that damages at law will be an insufficient remedy to Buyer, in the event
that Seller fails to deliver the fruit to buyer, and that Buyer shall be entitled, upon application to a Court of competent jurisdiction, to obtain specific performance or injunctive relief to enforce the provisions of this Contract requiring the
delivery of the fruit to Buyer, which specific performance or injunctive relief shall be in addition to Buyer’s right to liquidated damages set forth above, and any other rights or remedies available to Buyer, it being the intent of the parties
that all remedies specified herein shall be cumulative and in addition to other or further remedies provided by law or equity. Acceptance of any delivery by buyer after breach of any provision of this Contract by Seller shall not waive any rights or
remedies of Buyer as a result of such breach or any subsequent breach. Seller shall be liable for any attorney’s fees incurred by Buyer to enforce its rights under this Contract. 
  
 Seller agrees to indemnify and save Buyer harmless from any and all liabilities, loss, cost, fines, penalties, damage or
expense, including without limitation, attorney’s fees, arising out of the performance, nonperformance, or any breach by Seller, its employees, crew leaders or subcontractors, of any provision of this Contract. 
  

	11.	INSURANCE: Seller shall obtain and maintain at all times during the term of this Contract either directly or indirectly through companies or subcontractors reasonably
acceptable to Buyer the following types of insurance: 

  

	 	A.	Commercial general liability insurance, including contractual liability, providing for coverage in an amount of at least $1,000,000; 

  

	 	B.	Automobile liability insurance providing for coverage in amounts of at least $100,000 per person, $1,000,000 aggregate for bodily injury, and $300,000 for property damage; and

  

	 	C.	Workers’ compensation insurance providing for coverage at statutory limits. 

  
 If requested by Buyer, Seller shall have Buyer named as an additional insured on the liability policies of insurance
required and provide Buyer with certificates of insurance evidencing such policies of insurance. Without in any way limiting the foregoing requirements, Seller also shall provide Buyer with at least thirty days (30) written notice prior to any
cancellation, non-renewal or material change in such insurance coverage. 
  

	12.	BOND DISCLAIMER: A bond or certificate of deposit posted with the Florida Department of Agriculture and Consumer Services does not necessarily insure full payment of claims
for any non-performance under this Contract. 

  

	13.	EQUAL EMPLOYMENT OPPORTUNITY: Some of the citrus fruit products sold hereunder may be used on a contract with the Federal Government to which would apply the provisions of
the following orders or acts: Section 202 of Executive Order 11246; Section 402 of the Vietnam ERA Veterans Readjustment Act of 1974; and Section 503 of the Rehabilitation Act of 1973; by specific reference, those sections are
consequently incorporated herein. 

  

	14.	 TRANSFER/ASSIGNMENT: This Contract may not be assigned or transferred by Seller without the written consent of buyer. This Contract may be assigned or
transferred by Buyer to any third party or successor in interest. In the event 

  

 4 

 
of the sale of the groves or change in the identity or ownership of 10% or more of the ownership of the groves or principals or shareholders of Seller (if a
partnership, corporation, LLC, etc.), Buyer may either terminate this Contract forthwith without liability to Seller or may enforce this Contract against Seller or its successor in interest. 
  

	15.	ENTIRE CONTRACT: This Contract constitutes the entire agreement of the parties hereto and supersedes all prior and contemporaneous agreements, representations and
understandings of the parties. No waiver of the provisions of this Contract shall be deemed or shall constitute a waiver of any other provisions, nor shall any waiver constitute a continuing waiver. This contract may not be supplemented, altered,
modified or amended or otherwise changed except by an instrument in writing signed by the parties hereto. The course of dealing or course of performance between the parties hereto shall not commit either party to duties or obligations which are not
expressly stated by this Contract. 

  

	16.	GOVERNING LAWS: The laws of the State of Florida will govern this Contract. If any part of this Contract is found to be void or unenforceable, the provisions herein shall be
severable and those provisions, which are lawful, shall remain in full force and effect. 

  

					
	 SIGNED IN THE PRESENCE OF:
	 	 	 	 SIGNED IN THE PRESENCE OF:

			
	  	 	 	 	  
	 CARGILL JUICE NORTH AMERICA, INC.
	 	 	 	 SELLER: South Fort Meade Land Mgt.

			
	 	 	 	 	 
	 Agent for Buyer:
	 	 	 	 BY: Tom Pospichal, Manager

  

 5Supplemental Indenture

 Exhibit 4.2 
  
 GUILFORD PHARMACEUTICALS INC. 
  
 5% Convertible Subordinated Notes Due 2008 
  
 SUPPLEMENTAL INDENTURE 
 Dated as of
October 3, 2005 
  
 to 
  
 INDENTURE 
 Dated as of June 17, 2003 
  
 WACHOVIA BANK, NATIONAL ASSOCIATION, 
 as Trustee 

 SUPPLEMENTAL INDENTURE 
  
 This SUPPLEMENTAL INDENTURE (the “Supplemental Indenture”) is dated as of October 3, 2005, between Guilford
Pharmaceuticals Inc., a Delaware corporation (the “Company”), MGI PHARMA, INC., a Minnesota corporation (“MGI PHARMA”), and Wachovia Bank, National Association, a national banking association organized and existing under the laws
of the United States, as trustee (the “Trustee”). 
  
 WITNESSETH: 
  
 WHEREAS, there has
previously been executed and delivered to the Trustee an indenture dated as of June 17, 2003 (the “Indenture”), under which the Company issued $69,354,000 aggregate principal amount of the Company’s 5% Convertible Subordinated
Notes due 2008 (the “Convertible Notes”); and 
  
 WHEREAS, the Company, MGI PHARMA and Granite Acquisition, Inc. have entered into an Agreement and Plan of Merger, dated as of July 20, 2005, pursuant to which, substantially concurrently with the execution and delivery of this
Supplemental Indenture, Granite Acquisition, Inc. will merge with and into the Company (the “Merger”), and the Company will survive and become a wholly-owned subsidiary of MGI PHARMA; and 
  
 WHEREAS, pursuant to the Merger, each outstanding share of Common Stock of
the Company is being converted into shares of common stock of MGI PHARMA and cash; and 
  
 WHEREAS, Section 12.06 of the Indenture requires that, as a condition to a transaction such as the Merger, a supplemental indenture be executed and delivered providing that the Holders shall have the right to
convert the Convertible Notes into the kind and amount of consideration receivable in the Merger by holders of the number of shares of Common Stock of the Company deliverable upon conversion of the Convertible Notes immediately prior to the Merger;
and 
  
 WHEREAS, Section 12.06 of the Indenture requires that
the supplemental indenture shall further provide for adjustments of the Conversion Price that are as nearly equivalent as practicable to the adjustments of the Conversion Price provided in Article XII of the Indenture, and shall contain such
additional provisions as the Board of Directors shall reasonably consider necessary to protect the interests of the Holders of the Convertible Notes; and 

 WHEREAS, in accordance with Sections 9.06, 10.04, 10.05 and 12.09 of the Indenture, the Company is
concurrently delivering to the Trustee an Officers’ Certificate and an Opinion of Counsel; and 
  
 WHEREAS, all acts and proceedings required by law, under the Indenture and by the respective [Certificates of Incorporation] of the Company and MGI PHARMA
to constitute this Supplemental Indenture a valid and binding agreement for the uses and purposes set forth herein, in accordance with its terms, have been done and taken, and the execution and delivery of this Supplemental Indenture have been in
all respects duly authorized by each of the Company and MGI PHARMA; 
  
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, MGI PHARMA and Trustee hereby agree as follows: 
  
 1. For the purposes of this Supplemental Indenture, except as otherwise
herein expressly provided or unless the context otherwise requires: (i) the capitalized terms and expressions used herein shall have the same meaning as corresponding terms and expressions used in the Indenture; and (ii) the words,
“herein,” “hereof,” and hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof. 
  
 2. Pursuant to the provisions of Section 12.06 of the Indenture, from
and after the effective time of the Merger, the Convertible Notes shall no longer be convertible into shares of Common Stock of the Company but instead shall be convertible into the Merger consideration as follows: a Holder of any Convertible Note
may, at any time prior to the last Trading Day prior to the Maturity Date and subject to the conversion provisions of the Indenture, convert the principal amount of such Convertible Note (or any portion thereof equal to $1,000 or an integral
multiple of $1,000) into shares of MGI PHARMA common stock, $0.01 par value, and cash, where the number of shares of MGI PHARMA common stock is determined by using a Conversion Price of $56.57, plus cash of $180.28 for each $1,000 principal amount
of Notes so converted, subject to earlier termination of such right if the Note is called for redemption under Article III of the Indenture. Pursuant to the formula set forth in the foregoing sentence of this Section 2, each reference in the
Indenture and each Security that refers to the delivery of Common Stock upon conversion of a Convertible Note should be read to also require delivery of the cash due upon conversion pursuant to the formula in the foregoing sentence. 
  
 3. From and after the effective time of the Merger, a Change of Control of
MGI PHARMA shall have the same effect as a Change of Control of the Company under the Indenture, and a Change of Control of MGI PHARMA shall mean the same as “Change of Control,” as defined in Section 1.01 of the Indenture,
substituting MGI PHARMA for the Company in that definition. 
  

 – 2 – 

 4. In accordance with Section 12.06 of the Indenture, from and after the Effective Time of the
Merger, adjustments to the Conversion Price as established by Section 2 of this Supplemental Indenture are to be as nearly equivalent as practicable to the adjustments provided for in Sections 12.05 and 12.06 of the Indenture, as if MGI PHARMA
had been named in those sections as the Company. In the event of an adjustment to the Conversion Price under Sections 12.05 and 12.06 of the Indenture, MGI PHARMA will provide to the Trustee an Officers’ Certificate of MGI PHARMA equivalent to
and with the same effect as the Officers’ Certificate contemplated by Section 12.09. 
  
 5. Conversion of the Convertible Notes into MGI PHARMA common stock and cash shall take place in the manner and under the terms provided for conversion by Sections 12.02, 12.03 and 12.07 of the Indenture. 

 
 6. From and after the effective time of the Merger, and from time to time
as may be necessary thereafter, MGI PHARMA shall reserve, out of its authorized but unissued MGI PHARMA common stock, a sufficient number of shares of MGI PHARMA common stock to permit the conversion of all outstanding Convertible Notes into shares
of MGI PHARMA common stock. Such shares of MGI PHARMA common stock shall be newly issued shares, shall be duly authorized, validly issued, fully paid and nonassessable and shall be free from preemptive rights and free of any lien or adverse claim.
MGI PHARMA will endeavor to promptly comply with all federal and state securities laws regulating the offer and delivery of shares of common stock upon conversion of Convertible Notes, if any, and will list or cause to have quoted such shares of MGI
PHARMA Common Stock on each national securities exchange or on the Nasdaq National Market or other over-the-counter market or such other market on which the MGI PHARMA Common Stock is then listed or quoted. 
  
 7. From and after the effective time of the Merger, MGI PHARMA will comply
with the notice requirement of Section 12.10 as if MGI PHARMA had been named as the Company for purposes of that section. 
  
 8. From and after the effective time of the Merger, MGI PHARMA will comply with the terms of Article V of the Indenture as if MGI PHARMA was named as the
Company in Article V of the Indenture. 
  
 9. Subject to the
limitations provided for in Section 10 and from and after the effective time of the Merger, MGI PHARMA irrevocably and unconditionally guarantees (the “Guarantee”), to each holder of Convertible Notes and to the Trustee and its
successors and assigns, (i) the full and punctual payment of principal of and interest on the Convertible Notes when due, whether at maturity, by acceleration, by redemption or otherwise, and all other monetary obligations of the Company under
the Indenture and the Convertible Notes, and (ii) the full and punctual performance within applicable grace periods of all other obligations of the Company under the Indenture and the Convertible Notes. MGI PHARMA further 

  

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agrees that the Guarantee constitutes a guarantee of payment, performance and compliance and not merely of collection. The obligation of MGI PHARMA to make
any payment hereunder may be satisfied by causing the Company to make such payment. 
  
 10. The Guarantee is made subject to, and each Holder’s obligations to enforce the Guarantee is limited by, the provisions of Article XI of the Indenture as if MGI PHARMA was named as the Company for all
purposes in Article XI of the Indenture; provided, however, that with respect to MGI PHARMA Designated Senior Debt shall not include the Senior Bank Credit Facility. 
  
 11. From and after the effective time of the Merger, MGI PHARMA will comply with the terms of section 4.02 of the
Indenture as if MGI PHARMA is named as the Company in Section 4.02 of the Indenture and is the obligor for the Convertible Notes, and the Company will no longer have the obligation to comply with the terms of Section 4.02 of the Indenture;
provided, however, that the obligation arising under Section 4.02 of the Indenture to comply with Section 314(a)(4) of the TIA will remain the obligation of the Company and MGI PHARMA will not need to comply with the requirements of
Section 314(a)(4) of the TIA. 
  
 12. From and after the
effective time of the Merger, the failure of MGI PHARMA to comply with any of its agreements contained in this Supplemental Indenture shall constitute an Event of Default for purposes of Article VI of the Indenture. Notwithstanding the previous
sentence, failure of MGI PHARMA to comply with any of its agreements contained in this Supplemental Indenture shall only be an Event of Default if MGI PHARMA fails to remedy such failure to comply with its agreements within a period of sixty days
after the receipt of written notice from the Trustee or the holders of at least 25% in aggregate principal amount of the then outstanding Convertible Notes. When any default under this paragraph is cured, it ceases. 
  
 13. Upon request of the trustee, MGI PHARMA will execute and deliver such
further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purposes of this Supplemental Indenture. 
  

14. The Trustee accepts the amendment of the Indenture effected by this Supplemental Indenture and agrees to execute the trust created by the
Indenture, as hereby amended, including the terms and conditions as set forth in the Indenture, as hereby amended, including the terms and provisions defining and limiting the liabilities and responsibilities of the Trustee, which terms and
provisions shall in like manner define and limit its liabilities in the performance of the trust created by the Indenture, as hereby amended, and without limiting the generality of the foregoing, the Trustee has no responsibility for the correctness
of the recitals of fact herein contained which shall be taken as the statements of the Company and MGI PHARMA and makes no representations as to the validity or sufficiency of this Supplemental and shall incur no liability or responsibility in
respect of the validity thereof. 
  

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 15. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed by the
Company and Trustee, and all the terms conditions and provisions shall remain in full force and effect. 
  
 16. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every holder of Convertible Notes heretofore or hereafter
authenticated shall be bound hereby. 
  
 17. This Supplemental
Indenture may be executed in any number of counterparts each of which when so executed shall be deemed to be an original, and all of such counterparts shall together constitute one and the same instrument. 
  
 18. This Supplemental Indenture shall be deemed to be a contract made under
the laws of the State of New York and for all purposes shall be governed by and construed in accordance with such laws. 
  
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 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be executed all as of
the day and year first above written 
  

			
	MGI PHARMA, INC.
		
	By:	 	 /s/ Leon O. Moulder, Jr.

	Its:	 	President and Chief Executive Officer
	
	GUILFORD PHARMACEUTICALS INC.
		
	By:	 	 /s/ Dean J. Mitchell

	Its:	 	President
	
	WACHOVIA BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	 /s/ Monique Green

	Its:	 	Vice President

  

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