Law Offices
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May 14, 1996
▇▇▇▇▇▇'▇ Juice Creations
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RE: Royalty Agreements
Gentlemen:
Enclosed you will find the executed Operating Agreement of ▇▇▇▇▇▇'▇
Juice Creations, Limited Liability Company and the Royalty Agreements from
▇▇▇▇▇▇'▇ Juices, Inc. regarding the fresh juice royalties and from ▇▇▇▇▇▇'▇
Trust regarding all other products to be sold by ▇▇▇▇▇▇'▇ Juice Creations.
This letter is to specifically set forth the understanding of both
▇▇▇▇▇▇'▇ Juices, Inc. and ▇▇▇▇▇▇'▇ Trust regarding the Royalty Agreements and
what products are covered therein and conditions the enclosed Royalty
Agreements.
I. Regarding ▇▇▇▇▇▇'▇ Juices, Inc. it is the understanding of ▇▇▇▇▇▇'▇
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 ▇▇▇▇▇▇'▇ 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 ▇▇▇▇▇▇'▇ Creations,
i.e., coffee, baked goods, spreads, candy bars, any product
purchased from any third party, whether with the ▇▇▇▇▇▇'▇ name or
not, sold through the ▇▇▇▇▇▇'▇ Creations or any store owned or
operated by ▇▇▇▇▇▇'▇ Creations and any other person will bear the
one percent (1%) royalty to the ▇▇▇▇▇▇'▇ 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/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ & ▇▇▇▇▇▇
BSR/lyo
Enc.
cc: ▇▇▇▇▇▇'▇ Juices, Inc.
▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇▇
▇▇▇▇▇▇ & ▇▇▇▇▇▇▇, LAP
IT IS ▇▇▇▇▇▇ AGREE TO AS SET FORTH ABOVE.
Dated: , 1996 ▇▇▇▇▇▇▇ ▇▇▇▇
Dated: , 1996 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇