AmeriFlax+Amendment+1+Signed+12-14-2022.pdf

This document is a Contract Amendment (Amendment No. 1) for Contract Number 504, titled the Oilseed Association Contract, between the State of North Dakota, acting through its North Dakota Oilseed Council, and AmeriFlax Inc. The amendment modifies an existing contract between these two parties, with the primary purpose of outlining services and compensation for the 2023 contract year.

The amendment details several key services to be provided by AmeriFlax Inc., including domestic promotion programs for flaxseed (with a $13,000 expenditure limit), information dissemination to producers about new technologies and marketing activities (with a $2,000 expenditure limit), and research initiatives benefiting North Dakota flax producers (with a $45,000 expenditure limit). The total compensation for these services shall not exceed $60,000, to be paid in three installments of $20,000 each on 2-1-2023, 4-1-2023, and 6-1-2023. The contract also includes provisions for potential renewal, with the state reserving the right to execute up to four additional one-year renewal options under the same terms and conditions.