This MTA shall remain in force and apply to all sales and the transfer of quantity and genetics of hemp seeds, and quantity and genetics of clones or plant parts or plant materials (the “MATERIAL”) set forth in a purchase order executed by BUYER on file with COMPANY. BUYER has determined that entering into this MTA whereby BUYER shall have the opportunity to purchase or otherwise receive from COMPANY certain plant materials is in keeping with its goals and objectives and, that, for good and valuable consideration, the receipt and sufficiency of which is expressly acknowledged, it is agreed that:
- The parties represent and warrant to each other that they are duly licensed by all appropriate authorities to engage in programs consistent with the Agriculture Improvement Act of 2018, known as the 2018 Farm Bill and/ or by Section 7606 of the United States Agricultural Act of 2014, as amended and supplemented from time to time by the United States Congressional Omnibus Appropriations Act. BUYER acknowledges that the transfer of MATERIAL by COMPANY to BUYER is for hemp production purposes as allowed under law.
- BUYER warrants that the transfer of MATERIAL from COMPANY is not for the purpose of seed multiplication, creation of new hybrid lines derived from MATERIAL, inbreeding of MATERIAL, for resale or barter, or cloning of MATERIAL, or for any use that is illegal. The person executing this MTA (if not the BUYER) on behalf of the BUYER represents and warrants in his/her individual capacity that s/he is duly authorized by the BUYER to execute this MTA.