GIS » Topics » SIGNED ON SEPTEMBER 9, 1977

This excerpt taken from the GIS 10-K filed Jul 26, 2007.

SIGNED ON SEPTEMBER 9, 1977

 

 

 

Between the undersigned:

SOCIETE DE DEVELOPPEMENTS ET D’INNOVATIONS DES MARCHES AGRICOLES ET ALIMENTAIRES SODIMA - Union de Coopératives Agricoles, an Union of Agricultural Cooperatives organized under French law, with variable capital, registered under n° 1 274 N, with its registered offices at 170 bis, boulevard du Montparnasse, 75014 PARIS FRANCE, represented by Mr Raymond COCHET

and

SODIMA International S.A., a Joint-Stock Company governed by the articles 118 to 150 of the french Commercial Company Law, with a capital of 250.000 FF - RCS PARIS B 332 390 145, with its registered offices at 170 bis, boulevard du Montparnasse, 75014 PARIS - FRANCE, represented by Mr Bernard GAUD

on the one hand,

and

GENERAL MILLS INC. with its registered offices at 9200 Wayzata Boulevard - MINNEAPOLIS, MINNESOTA U.S.A.

represented by Mr Steve ROTHSCHILD

on the other hand.

WHEREAS:

SODIMA Union and GENERAL MILLS have entered on September 9, 1977 a YOPLAIT Manufacturing and Distribution License Agreement for [***] Products within the Territory of the U.S.A.

SODIMA Union created a subsidiary of its, SODIMA International to take over the international part of its business and transferred to it the rights to use its foreign-registered trademarks and to resume the rights and obligations deriving from the Franchise agreements.

GENERAL MILLS, on the other side, would be interested in exportations of [***] Products, under the Trademark YOPLAIT, to Puerto Rico.





Now the Parties agreed upon the following:

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