SEC Contract Filing

Filing Date: 2020-05-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>alico15mmr514contract-reda.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<div><a name="s82728177A96AC83E104532573FF8E041"></a></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:16px;text-align:right;text-indent:480px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;background-color:#ffffff;font-weight:bold;">EXHIBIT 10.2</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:12pt;"><font style="font-family:Arial;font-size:11pt;">* CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED BECAUSE THE INFORMATION (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.</font><font style="font-family:inherit;font-size:12pt;">&#32;</font><font style="font-family:Arial;font-size:11pt;">THE REDACTED TERMS HAVE BEEN MARKED WITH THREE ASTERISKS [***]</font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:16pt;"><font style="font-family:Arial;font-size:16pt;"><br></font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:16pt;"><font style="font-family:Arial;font-size:16pt;"><br></font></div><div style="line-height:120%;text-align:center;"><img src="alico15mmr514contract_image1.jpg" alt="alico15mmr514contract_image1.jpg" style="height:130px;width:304px;"></div><div style="line-height:120%;text-align:center;padding-left:144px;font-size:30pt;"><font style="font-family:inherit;font-size:30pt;"><br></font></div><div style="line-height:120%;text-align:center;padding-left:6px;font-size:30pt;"><font style="font-family:inherit;font-size:30pt;font-weight:bold;">ORANGE</font></div><div style="line-height:120%;text-align:center;padding-left:6px;font-size:30pt;"><font style="font-family:inherit;font-size:30pt;font-weight:bold;">PURCHASE</font></div><div style="line-height:120%;text-align:center;padding-left:6px;font-size:30pt;"><font style="font-family:inherit;font-size:30pt;font-weight:bold;">AGREEMENT (&#8220;Agreement&#8221;)</font></div><div style="line-height:120%;padding-bottom:9px;text-align:center;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;"><br></font></div><div style="line-height:120%;padding-bottom:9px;text-align:center;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;"><br></font></div><div style="line-height:120%;padding-bottom:9px;text-align:center;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;">Agreement Date: </font><font style="font-family:inherit;font-size:14pt;text-decoration:underline;">March 20, 2020</font><font style="font-family:inherit;font-size:14pt;">&#32;&#32;&#32;&#32;&#160;&#160;&#160;&#160; Agreement Number: </font><font style="font-family:inherit;font-size:14pt;text-decoration:underline;">R514</font></div><div style="line-height:120%;padding-bottom:9px;text-align:center;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;"><br></font></div><div style="line-height:240%;text-align:center;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;">Agreement between </font><font style="font-family:inherit;font-size:14pt;font-weight:bold;text-decoration:underline;">ALICO, INC.</font><font style="font-family:inherit;font-size:14pt;font-weight:bold;">&#32;</font><font style="font-family:inherit;font-size:14pt;">(&#8220;Supplier&#8221;) and Tropicana </font></div><div style="line-height:240%;text-align:center;font-size:14pt;"><font style="font-family:inherit;font-size:14pt;">Manufacturing Company, Inc. (&#8220;Tropicana&#8221;)</font></div><div style="line-height:120%;text-align:left;padding-left:29px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;text-decoration:underline;">Recitals</font></div><div style="line-height:130%;padding-left:6px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:41px;">1.</font><font style="font-family:inherit;font-size:12pt;">Supplier grows oranges for the production of orange juice and Tropicana is in the business of processing oranges for juice. </font></div><div style="line-height:130%;padding-bottom:16px;text-align:justify;padding-left:6px;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">2.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;">Tropicana requires a consistent supply of oranges at an agreed upon price so that it can confidently commit to the production of orange juice.</font></d