Sanderson Farms Inc Sample Contracts

Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (March 1st, 2019)
Sanderson Farms Inc – SANDERSON FARMS, INC. BONUS AWARD PROGRAM (EXECUTIVE COMMITTEE) (January 30th, 2019)

The Board of Directors of Sanderson Farms, Inc. has determined that in addition to the Company’s existing competitive and equitable total compensation package, it is desirable to maintain a bonus award program for its salaried employees. The purposes for such a program include:

Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (December 26th, 2018)

LAUREL, Miss. (December 20, 2018) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the fourth quarter and fiscal year ended October 31, 2018.

Sanderson Farms Inc – SANDERSON FARMS, INC. PERFORMANCE SHARE AGREEMENT (December 20th, 2018)

This PERFORMANCE SHARE AGREEMENT (this "Agreement"), made and entered into as of the 1st day of November, 2018 (the "Grant Date"), by and between ____________ (the "Participant") and Sanderson Farms, Inc. (together with its subsidiaries and affiliates, the "Company"), sets forth the terms and conditions of a Performance Share Award issued pursuant to the Sanderson Farms, Inc. and Affiliates Stock Incentive Plan, as amended and restated on February 11, 2016 (the "Plan") and this Agreement. Any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan.

Sanderson Farms Inc – THOMSON REUTERS FINAL TRANSCRIPT Q3 2018 Sanderson Farms Inc Earnings Call EVENT DATE/TIME: AUGUST 23, 2018 / 3:00PM GMT THOMSON REUTERS | Contact Us ©2018 Thomson Reuters. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. ‘Thomson Reuters’ and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. (August 29th, 2018)

Good day, and welcome to the Sanderson Farms, Inc. Third Quarter Fiscal 2018 Conference Call. Today’s call is being recorded. At this time for opening remarks and introductions, I would like to turn the call over to Mr. Joe Sanderson. Please go ahead, sir.

Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (August 29th, 2018)

LAUREL, Miss. (August 23, 2018) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the third fiscal quarter and nine months ended July 31, 2018.

Sanderson Farms Inc – SECOND AMENDMENT TO CREDIT AGREEMENT (August 23rd, 2018)

This Second Amendment to Credit Agreement (herein, the “Amendment”) is entered into as of June 14, 2018, among Sanderson Farms, Inc., a Mississippi corporation (the “Company”), the Banks party hereto, and BMO Harris Bank N.A., as Agent for the Banks (“Agent”).

Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (June 4th, 2018)
Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (May 31st, 2018)

LAUREL, Miss. (May 24, 2018) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for its second fiscal quarter and six months ended April 30, 2018.

Sanderson Farms Inc – THOMSON REUTERS | Contact Us ©2018 Thomson Reuters. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. ‘Thomson Reuters’ and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. (May 31st, 2018)

Good day, ladies and gentlemen, and welcome to the Sanderson Farms, Inc. Second Quarter Fiscal 2018 Conference Call. Today’s call is being recorded.

Sanderson Farms Inc – SANDERSON FARMS, INC. REPORTS RESULTS FOR FIRST QUARTER OF FISCAL 2018 (February 27th, 2018)

Net sales for the first quarter of fiscal 2018 were $771.9 million compared with $688.3 million for the same period a year ago. The Company reported net income of $51.2 million, or $2.24 per share, for the quarter compared with net income of $24.0 million, or $1.06 per share, for the first quarter of fiscal 2017.

Sanderson Farms Inc – SANDERSON FARMS, INC. BONUS AWARD PROGRAM (EXECUTIVE COMMITTEE) (February 20th, 2018)

The Board of Directors of Sanderson Farms, Inc. has determined that in addition to the Company’s existing competitive and equitable total compensation package, it is desirable to maintain a bonus award program for its salaried employees. The purposes for such a program include:

Sanderson Farms Inc – SANDERSON FARMS, INC. REPORTS RESULTS FOR FOURTH QUARTER AND FISCAL 2017 (December 15th, 2017)

LAUREL, Miss. (December 14, 2017) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the fourth quarter and fiscal year ended October 31, 2017.

Sanderson Farms Inc – FIFTH AMENDMENT TO THE SANDERSON FARMS, INC. AND AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN (December 14th, 2017)

WHEREAS, the Corporation desires to amend the Plan to clarify provisions regarding in-service distributions and the designation of a Beneficiary.

Sanderson Farms Inc – SANDERSON FARMS, INC. PERFORMANCE SHARE AGREEMENT (December 14th, 2017)

This PERFORMANCE SHARE AGREEMENT (this "Agreement"), made and entered into as of the 1st day of November, 2017 (the "Grant Date"), by and between ____________ (the "Participant") and Sanderson Farms, Inc. (together with its subsidiaries and affiliates, the "Company"), sets forth the terms and conditions of a Performance Share Award issued pursuant to the Sanderson Farms, Inc. and Affiliates Stock Incentive Plan, as amended and restated on February 11, 2016 (the "Plan"), and this Agreement. Any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan.

Sanderson Farms Inc – SANDERSON FARMs, INC. FIRST AMENDMENT TO CREDIT AGREEMENT (November 29th, 2017)

This First Amendment to Credit Agreement (herein, the “Amendment”) is entered into as of November 22, 2017, among Sanderson Farms, Inc., a Mississippi corporation (the “Company”), the Banks party hereto, and BMO Harris Bank N.A., as Agent for the Banks (“Agent”).

Sanderson Farms Inc – BY-LAWS OF SANDERSON FARMS, INC. (As amended and restated as of October 24, 2017) (October 24th, 2017)
Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (August 29th, 2017)

LAUREL, Miss. (August 24, 2017) – Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the third fiscal quarter and nine months ended July 31, 2017.

Sanderson Farms Inc – SANDERSON FARMS COMMENTS ON CALIFORNIA COMPLAINT (June 23rd, 2017)

LAUREL, Miss. (June 23, 2017) — Sanderson Farms, Inc. (NASDAQ: SAFM) today issued the following statement following its reading of a complaint filed on June 22, 2017, in the United States District Court for the Northern District of California. In the complaint, three non-profit corporations allege, among other things, that the Company’s products contain residues of human and animal antibiotics, other pharmaceuticals, hormones, steroids and pesticides. They seek, among other things, an order enjoining the Company from continuing its “100% Natural” marketing program.

Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (May 30th, 2017)

LAUREL, Miss. (May 25, 2017) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for its second fiscal quarter and six months ended April 30, 2017.

Sanderson Farms Inc – SANDERSON FARMS, INC. ANNOUNCES NEW CREDIT AGREEMENT (May 4th, 2017)

LAUREL, Miss. (April 28, 2017) — Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that its Board of Directors has approved an agreement, effective April 28, 2017, for a new $900 million revolving credit facility through a consortium of banks. The new facility replaces the Company’s existing $750 million facility, which was terminated. The credit will remain unsecured, and certain covenants related to the Company’s financial condition and capital expenditure needs were adjusted in anticipation of the Company’s planned expansion and other future growth initiatives. The termination date of the new facility will be April 28, 2022. As of April 28, 2017, the Company had no outstanding borrowings under the former revolving credit facility, but the Company had approximately $19.7 million outstanding in letters of credit under that facility, which will remain outstanding under the new facility.

Sanderson Farms Inc – SANDERSON FARMS, INC. GUARANTY AGREEMENT (May 4th, 2017)

Reference is made to that certain Credit Agreement dated as of April 28, 2017 (such Credit Agreement, as the same may be modified or amended from time to time, being hereinafter referred to as the “Credit Agreement”) by and among Sanderson Farms, Inc., a Mississippi corporation (the “Company”), and BMO Harris Bank N.A., individually and in its capacity as agent thereunder (“BMO Harris”), and the lenders and letter of credit issuers from time to time parties thereto (all of said lenders being referred to collectively as the “Banks” and individually as a “Bank”, and such letter of credit issuers being referred to collectively as “L/C Issuers” and individually as an “L/C Issuer”; and said BMO Harris as agent for the Banks and L/C Issuers under the Credit Agreement being hereinafter referred to in such capacity as the “Agent”; the Banks, the L/C Issuers and the Agent being referred to collectively as the “Guaranteed Creditors” and individually as a “Guaranteed Creditor”), pursuant to which

Sanderson Farms Inc – CREDIT AGREEMENT among SANDERSON FARMS, INC. and BMO HARRIS BANK N.A., as Agent AGFIRST FARM CREDIT BANK, AGSTAR FINANCIAL SERVICES, PCA, FARM CREDIT BANK OF TEXAS, FARM CREDIT SERVICES OF AMERICA, PCA, REGIONS BANK, as Co-Documentation Agents BANK OF THE WEST, FARM CREDIT MID-AMERICA, PCA, 1ST FARM CREDIT SERVICES, PCA, GREENSTONE FARM CREDIT SERVICES, ACA, NORTHWEST FARM CREDIT SERVICES, PCA, UNITED FCS, PCA D/B/A FCS COMMERCIAL FINANCE GROUP, as Co- Syndication Agents and THE FROM TIME TO TIME BANKS PARTIES HERETO April 28, 2017 BMO CAPITAL MARKETS, AGFIRST FARM CREDIT BANK, AGSTAR FINANCIAL (May 4th, 2017)

This Credit Agreement is entered into as of April 28, 2017, by and among SANDERSON FARMS, INC., a Mississippi corporation (the “Company”), the several financial institutions from time to time party to this Agreement, as Banks, and BMO HARRIS BANK N.A., as Agent as provided herein. All capitalized terms used herein without definition shall have the same meanings herein as such terms are defined in Section 4 hereof.

Sanderson Farms Inc – THOMSON REUTERS STREETEVENTS | www.streetevents.com | Contact Us © 2017 Thomson Reuters. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. ‘Thomson Reuters’ and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. (February 28th, 2017)

This morning we announced net income of $23.2 million or $1.02 per share for our first quarter of fiscal 2017. This compares to net income of $10.7 million or $0.47 per share for the first quarter of fiscal 2016. I will begin the call with comments about general market conditions and grain costs and then turn it over to Lampkin and Mike for a more detailed account of the quarter.

Sanderson Farms Inc – Contact: Mike Cockrell Treasurer & Chief Financial Officer (February 28th, 2017)

LAUREL, Miss. (February 23, 2017) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the first quarter of fiscal 2017 ended January 31, 2017.

Sanderson Farms Inc – FOURTH AMENDMENT TO THE SANDERSON FARMS, INC. AND AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN (February 23rd, 2017)

WHEREAS, the Corporation desires to amend the Plan to clarify provisions regarding references to the Administrative Committee and hardship distributions and to revise provisions on legal actions related to the Plan.

Sanderson Farms Inc – SANDERSON FARMS, INC. BONUS AWARD PROGRAM (EXECUTIVE COMMITTEE) (January 24th, 2017)

The Board of Directors of Sanderson Farms, Inc. has determined that in addition to the Company’s existing competitive and equitable total compensation package, it is desirable to maintain a bonus award program for its salaried employees. The purposes for such a program include:

Sanderson Farms Inc – SANDERSON FARMS, INC. REPORTS RESULTS FOR FOURTH QUARTER AND FISCAL 2016 (December 16th, 2016)

LAUREL, Miss. (December 15, 2016) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the fourth quarter and fiscal year ended October 31, 2016.

Sanderson Farms Inc – SANDERSON FARMS, INC. PERFORMANCE SHARE AGREEMENT (December 15th, 2016)

This PERFORMANCE SHARE AGREEMENT (this "Agreement"), made and entered into as of the 1st day of November, 2016 (the "Grant Date"), by and between _____________ (the "Participant") and Sanderson Farms, Inc. (together with its subsidiaries and affiliates, the "Company"), sets forth the terms and conditions of a Performance Share Award issued pursuant to the Sanderson Farms, Inc. and Affiliates Stock Incentive Plan, as amended and restated on February 17, 2011 (the "Plan") and this Agreement. Any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan.

Sanderson Farms Inc – SECOND AMENDMENT TO THE SANDERSON FARMS, INC. AND AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN (December 15th, 2016)

WHEREAS, the Company desires to amend the Plan to revise the compensation, eligibility, and distribution provisions and to provide participants with the option to receive a distribution in cash with respect to certain distributions.

Sanderson Farms Inc – THIRD AMENDMENT TO THE SANDERSON FARMS, INC. AND AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN (December 15th, 2016)

NOW, THEREFORE, pursuant to the provisions of Section 12.1 of the Plan, the Plan is hereby amended, effective as of May 2, 2016, as follows:

Sanderson Farms Inc – FIRST AMENDMENT TO THE SANDERSON FARMS, INC. AND AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN (December 15th, 2016)

NOW, THEREFORE, pursuant to the provisions of Section 12.1 of the Plan, the Plan is hereby amended, effective as of June 26, 2013, as follows:

Sanderson Farms Inc – Sanderson Farms, Inc. GENERAL OFFICES Post Office Box 988 • Laurel, Mississippi 39441-0988 Telephone (601) 649-4030 • Facsimile (601) 426-1461 Contact: Mike Cockrell Treasurer & Chief Financial Officer (August 29th, 2016)

LAUREL, Miss. (August 25, 2016) — Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for the third fiscal quarter and nine months ended July 31, 2016.

Sanderson Farms Inc – THOMSON REUTERS STREETEVENTS EDITED TRANSCRIPT SAFM - Q3 2016 Sanderson Farms Inc Earnings Call EVENT DATE/TIME: AUGUST 25, 2016 / 03:00PM GMT (August 29th, 2016)

Good day and welcome to the Sanderson Farms third-quarter 2016 conference. Today’s conference is being recorded. At this time for opening remarks and introductions, I would like to turn the call over to Mr. Joe Sanderson, Chairman and Chief Executive Officer. Please go ahead, sir.

Sanderson Farms Inc – THOMSON REUTERS STREETEVENTS EDITED TRANSCRIPT SAFM - Q2 2016 Sanderson Farms Inc Earnings Call EVENT DATE/TIME: MAY 26, 2016 / 03:00PM GMT (May 31st, 2016)

Good day and welcome to the Sanderson Farms second-quarter 2016 conference call. Today’s call is being recorded. At this time for opening remarks and introductions, I would like to turn the call over to Mr. Joe Sanderson. Please go ahead, sir.