EMPLOYMENT, NON-COMPETITION, AND SEVERANCE AGREEMENT BETWEEN GOLDEN OVAL EGGS, LLC AND ROBERT A. HARRINGTONEmployment, Non-Competition, and Severance Agreement • May 30th, 2006 • Golden Oval Eggs LLC • Food and kindred products • Minnesota
This Employment, Non-Competition, and Severance Agreement (this “Agreement”), effective as of May 23, 2006 is entered into by and between Golden Oval Eggs, LLC, a Delaware limited liability company (“Company”) and Robert A. Harrington, Chief Operation Officer (“COO”) and supersedes and replaces any prior oral or written agreement for employment between Golden Oval Eggs, LLC and Robert A. Harrington. The Company and COO agree that any prior employment agreement terminates by mutual agreement on the effective date of this Agreement. Employment on and after the effective date of this Agreement is governed by and subject to this Agreement.
ASSET PURCHASE AND SALE AGREEMENT BETWEEN MOARK, LLC, CUTLER AT ABBEVILLE, L.L.C., HI POINT INDUSTRIES, LLC, L & W EGG PRODUCTS, INC., NORCO RANCH, INC., AND MOARK EGG CORPORATION, COLLECTIVELY AS SELLER AND GOLDEN OVAL EGGS, LLC AND GOECA, LP AS BUYERAsset Purchase and Sale Agreement • May 30th, 2006 • Golden Oval Eggs LLC • Food and kindred products • Minnesota
THIS ASSET PURCHASE AND SALE AGREEMENT is made as of the 23rd day of May, 2006, by and among Moark, LLC, a Missouri limited liability company (“Moark”), Cutler at Abbeville, L.L.C., a Missouri limited liability company (“Cutler”), Hi Point Industries, LLC, a California limited liability company (“Hi Point”), L & W Egg Products, Inc., an Ohio corporation (“L&W”), Norco Ranch, Inc., a California corporation (“Norco”) and Moark Egg Corporation, a Missouri corporation (“MEC”) (Moark, Cutler, Hi Point, L&W, Norco and MEC collectively will be referred to in this Agreement as “Seller”), and Golden Oval Eggs, LLC, a Delaware limited liability company and GOECA, LP a Delaware limited partnership jointly, severally, and collectively as “Buyer”. Each of the Sellers and the Buyer is a “Party” and collectively all of the Sellers and the Buyer are the “Parties”.
