Equipment Right of Use Agreement between MVRK Tobacco Manufacturing LLC and North Carolina Tobacco Manufacturing LLC (March 5, 2020)

Contract Categories: Business Operations › Services Agreements
Summary

This agreement allows North Carolina Tobacco Manufacturing LLC (NCTM) to use equipment owned by MVRK Tobacco Manufacturing LLC (MVRKT) in exchange for a fee of $0.0002 per stick manufactured by NCTM. NCTM does not gain any control over the equipment itself. The agreement outlines the terms under which NCTM can use the equipment and the payment structure for its use.

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EX-10.3 3 ea193011ex10-3_mavericklife.htm EQUIPMENT RIGHT OF USE AGREEMENT, DATED MARCH 5, 2020, BETWEEN MVRK TOBACCO MANUFACTURING LLC AND NORTH CAROLINA TOBACCO MANUFACTURING LLC

Exhibit 10.3

 

 

MVRK Tobacco Manufacturing LLC

 

March 05, 2020

 

Memo: Equipment Right of Use

 

Equipment Right of Use Agreement between MVRK Tobacco Manufacturing LLC LLC (MVRKT) and North Carolina Tobacco Manufacturing LLC (NCTM).

 

MVRKT will allow NCTM the right of use of its equipment for a fee of $.0002/stick manufactured by NCTM. NCTM will have no control over the use of the equipment.