Law Offices
XXXXX, XXXXXX, XXXXX & XXXXXX
0000 Xxxxxxxx Xxxxxxxxx, Xxxxx 000
Xxxxxxx Xxxxx, Xxxxxxxxxx 00000
May 14, 1996
Xxxxxx'x Juice Creations
00000 Xxx Xxxxxxx Xxxxxxxxx Xxxxx 000
Xxx Xxxxxxx, Xxxxxxxxxx 00000
RE: Royalty Agreements
Gentlemen:
Enclosed you will find the executed Operating Agreement of Xxxxxx'x
Juice Creations, Limited Liability Company and the Royalty Agreements from
Xxxxxx'x Juices, Inc. regarding the fresh juice royalties and from Xxxxxx'x
Trust regarding all other products to be sold by Xxxxxx'x Juice Creations.
This letter is to specifically set forth the understanding of both
Xxxxxx'x Juices, Inc. and Xxxxxx'x Trust regarding the Royalty Agreements and
what products are covered therein and conditions the enclosed Royalty
Agreements.
I. Regarding Xxxxxx'x Juices, Inc. it is the understanding of Xxxxxx'x
Juices, that all juice products, i.e., fresh juice, juices in
bottles, drinks prepared as a fresh juice drink from bag in the box
and any other juice product which is sold by Xxxxxx'x Creations
will be covered by the Royalty Agreement. This is the case even
though the Royalty Agreement particularly sets forth the statement
that the product is fresh juice and fresh juice product.
2. That any and all other products sold by the Xxxxxx'x Creations,
i.e., coffee, baked goods, spreads, candy bars, any product
purchased from any third party, whether with the Xxxxxx'x name or
not, sold through the Xxxxxx'x Creations or any store owned or
operated by Xxxxxx'x Creations and any other person will bear the
one percent (1%) royalty to the Xxxxxx'x Trust.
If this truly sets forth our understanding of all of the parties,
please execute a copy of this letter and return it to this office. Said letter
will become a part of the Royalty Agreements which are included herein.
Respectfully,
/s/ Xxxxxx X. Xxxxx
Xxxxx, Xxxxxx, Xxxxx & Xxxxxx
BSR/lyo
Enc.
cc: Xxxxxx'x Juices, Inc.
Xxxxxxxxxxx, Xxxxx, Xxxxxx, Xxxx, Xxxxxx
Xxxxxx & Xxxxxxx, LAP
IT IS XXXXXX AGREE TO AS SET FORTH ABOVE.
Dated: , 1996 Xxxxxxx Xxxx
Dated: , 1996 Xxxxxx Xxxxxxxx
