Exhibit 99.1
AGREEMENT BETWEEN SILVER STAR FOODS, INC.
AND MOUNT ROSE RAVIOLI AND MAC. CO., INC.
FEBRUARY 17, 1999
Mount Rose Ravioli and Mac. Co., Inc. shall package private label Silver Star
products to be sold to Silver Star Foods, Inc. The prices are as follows:
Square Meat & Cheese Ravioli- Bag 24/16 oz $16.91
Square Meat & Cheese Ravioli Box 18/50 ct $18.85
Round Cheese Ravioli 24/13 oz $14.20
Cavatelli 24/16 oz $ 9.72
Cheese & Meat Tortellini 24/16 oz $19.80
Gnocchi 24/16 oz $12.82
Credit terms are 2% 10, net 21.
The above prices will remain in place for six (6) months from the date hereof.
At the end of six (6) months, prices will be reviewed with respect to raw
material and packaging costs. If these costs have increased or decreased, the
changes will be passed on accordingly. Prices will be reviewed every six (6)
months thereafter, for as long as this Agreement is effective.
In the event that this agreement is terminated, and Mount Rose is left with
unused Silver Star packaging, Silver Star Foods, Inc. does hereby give Mount
Rose Ravioli and Mac. Co., Inc. permission to use the packaging however it
chooses.
This Agreement shall be for a one (1) year self renewing term.
MOUNT ROSE RAVIOLI and MAC CO., INC.
By: /s/ Xxxxxx Xxxxxx
--------------------------------------
Xxxxxx Xxxxxx, Sec. & Treasure
SILVER STAR FOODS, INC.
By: /s/ Xxxxxxx Xxxxxx
--------------------------------------
Xxxxxxx Xxxxxx, President
