Cattle Procurement Agreement

RANCHLAND FOODS LLC
CATTLE PROCUREMENT AGREEMENT

  • Please fill out the required information below.
  • Date of the Cattle Procurement Agreement:
  • Date Format: MM slash DD slash YYYY
  • This agreement is by and between RanchLand Foods LLC, an Arizona Corporation, having its principal place of business located at 36236 US HWY 60 Vernon, AZ 85940 and Principal Texas operations at 2045 US HWY 380 Decatur, TX 76234. (the "Company") and the "Participant" both of whom agree to be bound by this Agreement.
    • Participant Name and/or Company:
    •    
    • Participant's principal place of business and contact information:
    •        
  • WHEREAS, the Company has in conjunction with The Participant agreed to align for the purpose of increasing cattle production and procurement of its’ Angus beef, All-Natural, Conventional, Hormone-Free, ABF and/or Grass-Finished. (the "Product") For the purposes of this agreement, both parties understand that the ownership of the product is solely owned by the company and the participant does not have any right to the product or inventory. The participation in the cattle procurement opportunity in no way suggests that the participant has any ownership in RanchLand Foods LLC and/or any of its subsidiaries or brands. THIS IS NOT AN INVESTMENT. WHEREAS, the Company desires to align with The Participant for the purpose of marketing meat products via its multiple sales channels. The Participant is NOT responsible for the sale of any products manufactured by RanchLand Foods LLC.

    WHEREAS, the Company and The Participant desire to enter into an arrangement where Ranchland Foods LLC and The Participant will benefit from the revenue generated from the sale(s) of the Product due to the efforts of Ranchland Foods LLC. The Participant jointly according to the terms and conditions herein.

    RECITALS:
    Ranchland Foods LLC has substantial experience in (1) Business Development, Business Management, Internet Marketing, Web Development, and E-commerce Development (2) Business to Business Advertising, Sales, and Marketing. ("Advertisements"); (3) The placement of internet Advertisements and buying of media time to run the Advertisements; and (4) the operation of a telephone sales center to handle both inbound and outbound consumer and business to business calls generated by the Advertisements. This expertise provides continual sales revenue by selling its meat and food products into the market ensuring the ability to generate revenue and profit.

    NOW, THEREFORE, in consideration of the covenants and promises made by the Company hereto, the Company and The Participant (individually, each a "Party" and collectively, the "Parties") covenant and agree as follows:

    1. TERM: This Agreement shall last from the date of the cattle procurement pen purchase until no longer than 180 days (6 months). The term of the agreement is in conjunction with the following schedule.
      1. The 1st 50 pens purchased will receive a lump sum payout within 120 days (4 months)
      2. The 2nd 50 pens purchased will receive a lump sum payout within 150 days (5 months)
      3. The last 100 pens purchased will receive a lump sum payout within 180 days (6 months)
    2. Guaranteed Payout Amounts: The company guarantees the participant the following payout on each pen purchased under this agreement in accordance with the number of pens purchased.
    Pen Count1 Pen 2 Pens 3 Pens 4 Pens 5 Pens
    Purchase$10,000$20,000$30,000$40,000$50,000
    Earned$2000$4000$6000$8000$10,000
    Total Returned$12,000$24,000$36,000$48,000$60,000

    DEFAULT: If the company does not perform in accordance with the scheduled payment and payouts based on the criteria written herein as it has guaranteed, it will be found to be in default. Therefore, the company agrees to pay the participant an additional five percent above the guaranteed amount each month that it has not performed on the payout to the participant.

    INDEMNIFICATION. The Company agrees to defend, indemnify, and hold harmless the Participant from and against any and all third party claims (or other actions that could lead to losses by the Company) that are based upon The Companies (a) violation of any laws, (b) violation of this Agreement, (c) Laws governing Food production and safety or (d) violation of any third party's rights.

    NO MODIFICATION UNLESS IN WRITING: No modification of this Agreement shall be valid unless in writing and agreed upon by both Parties.

    ENTIRE AGREEMENT: This Agreement represents the full understanding of the Parties and shall supersede all previous oral or written agreements regarding the subject matter herein.

    APPLICABLE LAW: This Agreement and the interpretation of its terms shall be governed by and construed in accordance with the laws of the State of Arizona and the State of Texas and subject to the exclusive jurisdiction of the courts located within each county or state where the participant resides.

  • $0.00
  • IN WITNESS WHEREOF, each of the Parties has executed this cattle procurement purchase agreement by its duly authorized representative, as of the day and year set forth below.
  • After you click submit below, you will receive a signed copy of this agreement as well as an electronic invoice sent to the email address above. You can submit payment via ACH or Wire Transfer. Instructions will be provided on the invoice.
  • This field is for validation purposes and should be left unchanged.