Royalty Report: Food, Beverages, Business Method – Collection: 831

Geyser Fruit Beverages – Our line of eight different fruit flavored waters. Flavors include Cherry, Peach, Wildberry, Cranberry Raspberry, Strawberry Kiwi, Kiwi Watermelon, Cherry Lime, and Lemonade. A Latin flavor profile is planned for 1st quarter roll out. This brand will be named Geyser Fruta and preliminary feedback from our brokers suggests good acceptance. The flavors include Mango, Jamaica, Tamarindo, and Kiwi Melon.

Licensee desires to obtain a limited license for the recipes, formulae, trademarks, copyrights, name and image of Paul Newman and N.O. in order to bottle and distribute said lightly sparkling, single-serve lemonades/fruit juice drink products in glass bottles for which it will pay a royalty to Paul Newman and Newmans Own.

GRAN NEVADA drinks emulate the flavors, which have been known for generations among the Hispanic, Asian, and other world cultures, which we are now bringing to the mass markets in the United States

GRAN NEVADA is dedicated to building long-term relationships with its consumers through superior products and high quality packaging. Its first line of beverages is known as Aguas Frescas and consists of a refreshing array of nostalgic flavors! As seen below, GRAN NEVADA has a variety of frescas fruit flavors, Hibiscus tea, Tamarind and the irresistible, rice and cinnamon, milk, and sugar Horchata.

GRAN NEVADA’s Rosa de Jamaica is made using dried flower petals from the flower Hibiscus sabdariffa. Jamaica (pronounced “ha-my-kah”) or hibiscus sabdariffa, is also known as roselle in some parts of the world. These flowers grow naturally in Latin America and are renowned for their deep scarlet hue, which in turn give the Rosa de Jamaica its distinctive red color. Hibiscus is also a natural antioxidant and diuretic which helps the body process vitamins and minerals properly.

Tamarind is made by using the pulp of the exotic tamarind fruit; an ice-cold bottle of GRAN NEVADA Aguas Frescas Tamarindo is perfect for quenching the deepest of thirsts. The Tamarind (Tamarindus indica) is a tropical tree, native to eastern Africa, but was introduced into most of tropical Asia as well as Latin America and the Caribbean. The tree’s fruit is a brown pod-like legume, which contains a soft pulp and many hard-coated seeds. GRAN NEVADA Agua de Tamarindo is not just delicious but also very high in Vitamin C—which some studies have shown helps to bolster the immune system.

Horchata Mexicana
This ancient cold refreshing Latin drink dates back over 1000 years. Horchata is a rice based drink made with fresh milk, water, and the right blend of authentic flavors and spices. We have honored the tradition of this popular Mexican and Central American drink by using only the best quality ingredients. We invite you to enjoy this delicious, cold, refreshing drink that has been embedded in the Latin American culture for generations.

Horchata de Morro
A Ready to Drink (RTD-Shelf Stable) Horchata de Morro was first introduced by GRAN NEVADA in 2011, and is manufactured by one of the only three companies in the country capable of producing such a beverage. Horchata is milk based with flavorings of rice, cinnamon, sesame, vanilla, and the exotic natural morro flavor which is best known and traditional the Central American market. As seen in our Google search, horchata is gaining popularity. The retail price – point for the product is competitive and ranges from $1.39 to $1.59 per can.

Hibiscus
One of the ingredients that define an authentic Hispanic beverage is hibiscus. It is one out of eight initial GRAN NEVADA SKUs. Hibiscus sabdariffa, or roselle, as it is known in some parts of the world, also has a long list of attractive characteristics. Recent studies note that the flower is rich in riboflavin, niacin, calcium and iron and that it contains antioxidants including flavonoids, gossypetine, hibiscetine and sadderetine. Hibiscus may “be like pomegranate waiting to happen…the next big thing in juice.”

Licensor hereby grants to Licensee during the term of the Agreement an exclusive license solely for the purpose of fulfilling License's duties hereunder (i) to use the intellectual property licensed from Playboy to manufacture, sell and distribute the Products in the Territory (ii) to use the trademarks licensed from Playboy for the Purpose; and (iii) to use the recipes, formulas, manufacturing specifications and know-how related to the Product for the Purpose. The intellectual property described in clauses (i), (ii) and (iii) of the preceding sentence is referred to as the Product Intellectual Property.

Under the terms of this Agreement, the Company is to provide the initial development and promotional services and is required to pay a royalty on the Company's product sales and manufacturing costs once Licensed product distribution commences.

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