- 17 - research contractor. The R&D agreement, along with other documents, was sent by CFS to Kellen at his law office on December 31, 1982, in a last minute rush to execute and file the documents before the end of the year. Pursuant to directions Kellen received from CFS, he notified the notary at his law office to be on "standby" and waited for the courier to arrive with the documents. Upon the arrival of the courier, Kellen quickly signed the documents and had them notarized before returning them to the courier. The terms of the R&D agreement entered into between U.S. Agri and Utah I specified that U.S. Agri was "to use its best efforts to develop a jojoba plantation in the vicinity of Desert Center, California, at a specific location to be selected by * * * [U.S. Agri] to be used to conduct research on the domestication, commercial cultivation, planting and irrigation techniques, weed, disease and insect management, and harvesting of the jojoba plant. Said plantation to be eighty (80) acres." The 80 acres was further described in the R&D agreement as follows: The plantation will be located within the larger tract of land described as follows: the Southeast quarter of the Northwest quarter and the Southwest quarter of Section 16, Township 5 South, Range 16 East, San Bernardino Base and Meridan. Under the R&D agreement, Utah I agreed to pay U.S. Agri a total of $1,298,627, plus interest, $423,428.52 of which was toPage: Previous 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Next
Last modified: May 25, 2011