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Agreement about sugar beet contract

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FORM 011-370-10 OM-I 1.e,9 PADS 100 DATE

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September 2, 1 976

Association Presidents

The Big Horn Basin Beet Growers Association The Big Horn Beet Growers Association (Hardin)

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The Mountain states Beet Growers Marketing Association

The Mountain States Beet Growers Marketing Association of Montana The Nebraska Non-Stock Cooperative Beet Growers Association The Upper Missouri Beet Growers Association

The Western Montana Beet Growers Association The Wheatland Beet Growers Association of Wyoming Gentlemen:

At the time the Memorandum of Agreement was agreed to and signed for the 1976, 1977 and 1978 Sugar Beet Contract, paragraph 1 of that Agreement stated that terms, provisions, and conditions of the 1976 contract would remain the same as the 1975 contract. Included in that category was the provision relating to the "Minimum Sugar Content Guarantee" or Paragraph 5(e) of the 1976 contract, and the intent

was to have that clause function in the same manner as in 1975.

During the drafting of the 1975 contract paragraph to fit a three-year concept, the words "prior year's" and "prior two year's" were inadvert-ently added and escaped notice where the provision begins with "• •• in the case of (i) ••• " and ends with " ••• average."

To maintain the intent of the Agreement and operation of the provision in Paragraph 5 ( e), the paragraph should read as follows: "• •• in the case of (i), the higher of either the actual percent or a level 1

½

degrees of polarization below the current year's (applicable district) average and, in the case of (ii), the higher of either the actual percent or a level 2 degrees of polarization below the current year's (applicable district) average."

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Association Presidents Page Two

September 2, 1976

manifestation of your agreement to this correction in the spirit of the

Memorandum of Agreement and to assure the pr:oper operation of Paragraph 5(e), known as the "Minimum Sugar Content Guarantee Provision. 11

Confirmation:

Paul Rodriguez, Jr .. , President

Very truly yours,

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The Big Horn Basin Beet Growers Association

Jake Yerger, President

The Big Horn Beet Growers Association (Hardin)

Kish Otsuka, President

The Mountain States Beet Growers Marketing Association

Ishmael Yost, President

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Association Presidents Page Three

September 2, 1976

Vernon Falser, President

The Nebraska Non-Stock Cooperative Beet Growers Association

John Brummer, President

The Northern Montana Beet Growers Association

William Guffey, President

The Upper Missouri Beet Growers Association

Homer Bailey, President

The Western Montana Beet Growers Association

Tom Preuit, President

References

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