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Settlement Agreement - Plunkett Inc. and Van Den Bergh Foods Co.
[VAN DEN BERGH FOODS COMPANY LETTERHEAD] March 16,1995 Mr.Gregory B. Plunkett Plunkett Inc. 600 California Street Suite 1300 San Francisco, CA 94108 Dear Greg, It was a pleasure to meet with you in Salt Lake City last Friday on the progress of your Mrs. As I stated then, Van den Bergh Foods believes this product is a real winner that will enjoy much success in the marketplace.
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I would like to take this opportunity to provide a brief summary of the action items we discussed: - VdB will send a letter to yourself and Larry Hodges recommending a change in shelf life from 6 to 9 months. Upon completion of product testing and your joint authorization to change, VdB will guarantee product performance within the new extended shelf life.
- VdB will investigate macadamia nut availability/pricing and advise Plunkett Inc. of White Chunk Mac Nut product cost. - VdB will minimize distri