📄 Extracted Text (373 words)
Leased
Leases by Propene/ Acreage Term Expiration Renewal Rights Lease Type Timing of Rental Payment
Blue Heron Farm 271044 3 years 11/30/17 Option to extend the Flexible* (i) Fixed rent component due in four
lease term for an equal installments on December I.
additional five years0" March I. June I and August 1 of each
crop year and (ii) flexible rent
component due no later than
December 31 following each crop year
and after the crop is 100% sold, hut in
event later than April 30 of the year
following harvest.
PaIcon 12arnts: 1,16.9"I 2 years Earlier of 11130/6 or one N/A Elcuble0s) (i) Fixed base rent component due on
week after the last day of the January 1 of each calendar year and
2016 harvest. (ii) flexible rent component due in three
installments on February Is, May 15, and
September IS of each year.
Kingfisher Ranch 43212,0 5 years 10/31/20 Option to extend the Hearten) (i) Fixed rent component due in four
lease term for an equal installments on Noss:mixt I,
additional four February 1. May I and August I of each
yearsl", crop year and tii) flexible rent
component due (a) 411% of final payment
tra within 15 days of lessees receipt and
(h) no later than October I following
each clop year and after the crop is
100% sold, but in any event no later
than April 30 of the year following
harvest.
Specialty;vegetable row crops
Sweetwater farm. 1.23.1 3 years 12/31/16 May be extended Fixed" Due on January 1 of each calendar year
upon the mutual
written consent of the
parties.
Sandpiper Ranh• 157 3 years Earlier of 12/31/15 or the Option to extend the Fixed"•) Due in semi-annual installments on
completion of the 2015 lease term for an January I and July of each calendar year.
harvest additional three
yeanioi
Commodity row crops
Pleasant Plains LISS 3 years 12/31/15 May be extended Fixed"" Due on March 1 of each calendar year.
upon the mutual
written consent of the
parties.
Macomb Farm• 424 3 years 12/31/16 May be extended Fixed Due on March I of each calendar year.
upon the mutual
written consent of the
parties.
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0085696
CONFIDENTIAL SDNY_GM_00231880
EFTA01384969
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EFTA01384969
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