EX-4.65 22 f20f2020ex4-65_brasilagro.htm SUMMARY OF THE PRIVATE INSTRUMENT

Exhibit 4.65

 

Summary of the Private Instrument of Commitment to Purchase and Sale of Real Property, entered into on May 8, 2018, in connection with Fazenda Bananal IX

 

Parties: Agrifirma Agropecuária S.A., as Seller; and Agropecuária Holnik Ltda., as Buyer.

 

PurposeThe commitment to sell a total area of 997.93 hectares to be originated from Fazenda Bananal IX, for the total price, in Brazilian national currency (Reais), of R$8,000,000.00, to be paid in four installments as follows: (i) on August 30, 2018, in the amount of R$1,000,000.00; (ii) on November 3, 2019, in the amount of R$3,000,000.00; (iii) on November 3, 2020, in the amount of R$1,000,000.00; and (iv) on November 3, 2021, in the amount of R$2,000,000.00.