- 16 - cultivation of jojoba plants and could conduct research and experimentation work relating to the scientific development of a plant strain with fast, hardy growth characteristics and high, stable seed yields, which could be planted, grown, and harvested in a commercially feasible manner. The R & D Agreement also stated that JDP anticipated that HJI would conduct such research and experimentation work. In the R & D Agreement, HJI agreed to use its best efforts to carry out the research and development program (R & D Program) described below: 2. Description of Program. The R & D Program to be conducted by HJI, on the terms and subject to the conditions and payments set forth in this Agreement, shall consist of the following: 2.1 Experimental Plantation. HJI will acquire the ownership or use of such land, buildings, machinery, equipment and other property, and will provide all personnel and materials, necessary to develop and establish an experimental jojoba plantation (the "plantation"). The plantation shall consist of 60 acres and shall be located on a site selected by HJI in the Hyder Valley area of Yuma County, Arizona. The site of the plantation may be purchased or leased from an affiliate of HJI. 2.2 Plant Strain. HJI will conduct original research into a particular jojoba plant strain. It will then select both propagating seeds and plant cuttings for planting and cultivation in controlled areas of the plantation. The growth characteristics of the plants will be closely observed, and replacement will be made if and when HJI determines that it is appropriate to the experimentation process and economically feasible. 2.3 Cultivation Techniques. The plantation will be divided into separate areas, with each area subjected to various forms of experimental husbandry. The variations will include research and experimentation in soil conditions, methods ofPage: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
Last modified: May 25, 2011