Land Lease Agreement Between Midwest Investors of Iowa Cooperative and Golden Oval Eggs
Midwest Investors of Iowa Cooperative is leasing 240 acres of land in Winnebago County, Iowa, to Golden Oval Eggs, a Minnesota cooperative. Golden Oval Eggs will pay $6,500 per month, with payments due on the first of each month. The lease runs from October 1, 1999, to October 1, 2014, and may be renewed if both parties agree. The agreement outlines the basic terms of the lease, including the parties involved, payment amount, and lease duration.
EXHIBIT 10.9
Land Lease
Between
Midwest Investors of Iowa Cooperative
And
Golden Oval Eggs
This agreement is made this first day of October, 1999 by and between Midwest Investors of Iowa, Cooperative, and Golden Oval Eggs, a cooperative association organized under the laws of the State of Minnesota, with a mailing address of P.O. Box 615, 340 Dupont Ave. NE, Renville, MN 56284.
LEASE: Golden Oval Eggs shall lease from Midwest Investors of Iowa, Cooperative 240 acres of land located in Winnebago County, Iowa. The lease shall be $6,500 per month, payable on the first day of each month.
TERM: This lease shall be effective from October 1, 1999 until October 1, 2014 at such time it may be renewed if agreed to by both parties.
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