Summary of the Sixth Amendment to the Agreement to Supply Sugarcane, entered into by BrasilAgro and Brenco on May 08, 2015, in connection with Fazenda Araucária
Parties: Brasilagro – Companhia Brasileira de Propriedades Agrícolas and Brenco – Companhia Brasileira de Energia Renovável
Purpose:
(i) To modify the way of supplying, fixing the volume of sugar cane to be delivered to Brenco, as follows:
| ||
Harvest |
Production | |
2015/2016 |
356,264 |
tons of sugarcane |
2016/2017 |
266,594 |
tons of sugarcane |
2017/2018 |
296,256 |
tons of sugarcane |
2018/2019 |
280,829 |
tons of sugarcane |
2019/2020 |
290,698 |
tons of sugarcane |
2020/2021 |
276,833 |
tons of sugarcane |
2021/2022 |
288,518 |
tons of sugarcane |
(ii) To formalize the waiver, by Brenco, of an indemnification; and
(iii) To grant full, general, irrevocable and irreversible discharge, from one Party to another Party .
All other provisions which have not been expressly altered by the Sixth Amendment remained ratified.