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Duckhorn Portfolio, Inc. – IPO: ‘S-1’ on 2/23/21 – ‘EX-10.26’

On:  Tuesday, 2/23/21, at 5:08pm ET   ·   Accession #:  1193125-21-52538   ·   File #:  333-253412

Previous ‘S-1’:  None   ·   Next:  ‘S-1/A’ on 3/3/21   ·   Latest:  ‘S-1’ on 10/12/21   ·   8 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/23/21  Duckhorn Portfolio, Inc.          S-1                   17:15M                                    Donnelley … Solutions/FA

Initial Public Offering (IPO):  Registration Statement (General Form)   —   Form S-1   —   SA’33
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement (General Form)               HTML   1.88M 
 5: EX-10.10    Material Contract                                   HTML    655K 
 6: EX-10.11    Material Contract                                   HTML     15K 
 7: EX-10.12    Material Contract                                   HTML     18K 
 8: EX-10.13    Material Contract                                   HTML     32K 
 9: EX-10.14    Material Contract                                   HTML    599K 
10: EX-10.18    Material Contract                                   HTML     29K 
11: EX-10.19    Material Contract                                   HTML     35K 
12: EX-10.22    Material Contract                                   HTML     27K 
13: EX-10.23    Material Contract                                   HTML      9K 
14: EX-10.24    Material Contract                                   HTML     97K 
15: EX-10.25    Material Contract                                   HTML     38K 
16: EX-10.26    Material Contract                                   HTML     12K 
 2: EX-10.7     Material Contract                                   HTML    518K 
 3: EX-10.8     Material Contract                                   HTML     18K 
 4: EX-10.9     Material Contract                                   HTML    590K 
17: EX-23.1     Consent of Expert or Counsel                        HTML      7K 


‘EX-10.26’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-10.26  

Exhibit 10.26

CERTAIN INFORMATION IDENTIFIED WITH [****] HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH (i) NOT MATERIAL AND (ii) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED.

 

LOGO

GRAPE PURCHASE AGREEMENT

AMENDMENT

This document shall serve as an Amendment to the Grape Purchase Agreement by and between Duckhorn Wine Company (Buyer) and Alex and [****] Ryan (Grower), drafted on May 11, 2016 for the purchase of Merlot grapes from Mt. George Vineyard, specific to section 1. f. Vineyard Blocks, Varietals, Quantities:

By signing below, the parties agree that effective immediately the above referenced Grape Purchase Agreement and specified section shall be amended to read as follows:

 

f.

Price: The price to be paid for Mt. George Vineyard Merlot fruit shall be:

 

  i.

Harvest Year 2016: $[****] per ton

 

  ii.

Harvest Year 2017: $[****] per ton

 

  iii.

Harvest Years 2018-Termination: For harvest year 2018 and until the termination of this Agreement, the price shall be reset each year and determined using the following formula:

The percentage change up or down in the value of The Napa County (District 4), “WEIGHTED AVERAGE GROWER RETURNS PER TON DELIVERED BASIS NON-RELATHD PURCHASE” (Table 10), for Merlot, as published in the Final Grape Crush Report (GCR) prepared by the California Department of Food and Agriculture for the immediate two preceding years, multiplied by the last price paid for fruit under this Agreement.

The formula price calculation in any year shall not result in a price that is greater or less than the prior year’s price by 5%.

 

Example:      2018 Price =      Final Grape Crush Report 2017 Table 10 District 4 Merlot Value     x $[****]
      Final Grape Crash Report 2016 Table 10 District 4 Merlot Value

The Weigh Tag of the receiving facility shall be considered the governing weight document.

All other terms and conditions of the original Grape Purchase Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have executed this Amendment as of the date of signing.

 

/s/ Zach Rasmuson

     

8/7/2017

Zach Rasmuson       Date
Duckhorn Wine Company      

/s/ Alex Ryan

     

8/7/2017

Alex Ryan       Date
Mt. George Vineyard      

 

LOGO


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-1’ Filing    Date    Other Filings
Filed on:2/23/21DRS,  DRS/A
5/11/16
 List all Filings 


8 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/27/23  Duckhorn Portfolio, Inc.          10-K        7/31/23  109:11M
12/30/22  Duckhorn Portfolio, Inc.          10-K/A      7/31/22   16:413K                                   Donnelley … Solutions/FA
 9/28/22  Duckhorn Portfolio, Inc.          10-K        7/31/22  102:12M
10/12/21  Duckhorn Portfolio, Inc.          S-1                    4:3.4M                                   Donnelley … Solutions/FA
10/04/21  Duckhorn Portfolio, Inc.          10-K        7/31/21   98:10M
 3/19/21  Duckhorn Portfolio, Inc.          S-8         3/19/21    3:75K                                    Donnelley … Solutions/FA
 3/10/21  Duckhorn Portfolio, Inc.          S-1/A                 11:16M                                    Donnelley … Solutions/FA
 3/03/21  Duckhorn Portfolio, Inc.          S-1/A                  9:13M                                    Donnelley … Solutions/FA
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Filing Submission 0001193125-21-052538   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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