SPECTRUM PLASTICS, INC.Exclusive Manufacturing Arrangement • September 25th, 2008 • PERF Go-Green Holdings, Inc • Services-business services, nec
This letter is to confirm our mutual understanding and agreement concerning the manufacture by Spectrum Plastics, Inc. (“Spectrum”) of certain biodegradable plastic products on behalf of Perf-Go Green, Inc. (“Perf’). Commencing the date hereof, Spectrum shall manufacture and ship the biodegradable plastic products set forth on Schedule A annexed hereto, which may be amended upon the parties mutual agreement, (the “Products”) exclusively for Perf. This exclusivity right shall continue for so long as Perf purchases, on a monthly basis, not less than five standard cargo containers in the aggregate of Products, (the “Minimum Purchase Requirement”) commencing 180 days from the date hereof. During the initial 180 day period following the execution of this letter, Perf shall not be required to purchase the Minimum Purchase Requirement.
