EXHIBIT 10.25
THE PORTIONS OF THIS DOCUMENT OMITTED AND MARKED WITH ASTERISKS AND
BRACKETS IS SUBJECT TO A CONFIDENTIAL TREATMENT REQUEST FILED SEPARATELY
WITH THE SEC.
SUB-AGREEMENT
TO
LICENSE AGREEMENT
(FRUITS, VEGETABLES, ETC.)
This Sub-Agreement is made effective as of the 1st day of March 2000 (the "Effective Date") by and between
Agway, Inc., successor by merger to Agway Consumer Products, Inc. ("Agway") and Planet Polymer
Technologies, Inc. ("Planet").
RECITALS:
A. Agway and Planet entered into a License Agreement ("License Agreement") effective November 12, 1998,
pursuant to which Planet granted to Agway an exclusive worldwide license in connection with time-release
coatings for a variety of Agricultural Products and Food Products as defined in the License Agreement.
B. Pursuant to paragraph 4 of the License Agreement, Agway and Planet are entering into this Sub-Agreement
for fruits, vegetables, floral and nursery items (hereinafter collectively, the "Product") marketed by Agway's CPG
Technologies International Division ("CPGTI") utilizing the technology granted to Agway under the License
Agreement.
C. Terms that are not otherwise defined in this Sub-Agreement shall have the meanings set forth in the License
Agreement.
WITNESSETH:
For good and valuable consideration, the parties, intending to be legally bound, agree as follows:
1. This Sub-Agreement covers the following Product and Market Area:
Product: Planet patented/patent pending coatings and Planet patented/patent pending polymer systems sold for
use on fruits, vegetables, floral and nursery items.
Market Area: The world.
1.1 Definitions. As used in this Sub-Agreement, the following terms shall be defined as follows:
Fruits, Vegetables, Floral and Nursery (FVFN) Projects
CPGTI's, or any of its successors', work in connection with or related to the Product.
1
THE PORTIONS OF THIS DOCUMENT OMITTED AND MARKED WITH ASTERISKS AND
BRACKETS IS SUBJECT TO A CONFIDENTIAL TREATMENT REQUEST FILED SEPARATELY
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