There are three contracts involved:
1. The contract between the Farmer and GrapeNet must be signed before any negotiation between the Farmer and the Buyer commences. Your grapes are advertised free of charge. Once we have a buyer interested in your grapes, you will need to sign this contract, which commits you to supplying the Buyer on the condition that your reserve price was met.
2. The contract between the Buyer and GrapeNet is similar to a credit application. This contract must be signed before any negotiation between the Farmer and Buyer commences.
3. The third contract is between the Buyer and The Farmer and is signed once the Buyer has been successful in obtaining the block of grapes. The closing date must have arrived and the reserve price achieved, or the Farmer must have agreed to accept the lower bid. This contract cover both parties during and leading up to the cropping process (see Terms of Delivery).