Purpose and Scope

The purpose is to set forth the terms and conditions, scope, and responsibilities of the parties associated with the agricultural investment service offered by H O CORN and subscribed to by the Investor.


H O CORN sources funds from willing investors which is used to fund farm projects; the profits from these farms are shared by the Investors and H O CORN, with the Investor Paid Returns on Investments (Referred to hereafter as ROI) commensurate to unit(s) selected by the investor. Both parties see the benefits of these investment services, and agree to bring their unique resources together for their mutual benefits.

H O CORN has unique expertise in farm operation, cultivating and managing farm projects, post-harvest handling and sales of crops, whereas Investor has funds to put into H O CORN Investment Service.

Terms and Conditions

It is mutually understood and agreed by and between H O CORN and Investor that:

  1. H O CORN shall pay the Investor his/her initial capital and the accrued ROI at the end of the farm cycle.)
  2. The ROI's for the farm project is 50% return in 6 months.
  3. ROI's are not negotiable from the terms displayed on the H O CORN portal https://www.hocorn.ng
  4. In the case of crop failure or any other mishaps, H O CORN commit to return the initial capital back to the Investor over a mutually agreed period, in clear terms, only the Investor capital is insured.
  5. Each party takes legal and financial responsibility for the actions of its respective employees, officers, agents, representatives and volunteers. (for Institutional Investors).
  6. Each party, at its sole cost and expense, shall carry insurance or self-insure to cover its activities as stated and obtain, keep in force and maintain insurance or equivalent programs of self- insurance, for general liability, workers compensation, and business automobile liability adequate to cover its potential liabilities hereunder.
  7. Each party agrees to indemnify, the other to the fullest extent permitted by law, from and against any and all demands, claims, actions, liability, loses, damages, costs, including reasonable attorney's fees, arising out of or resulting from the indemnifying party's act or omission related to its participation as stated.
  8. Each party shall bear the proportionate cost of any damage attributable to the fault of such party, its officers, agents, employees sand independent contractors. It is the intention of the parties that, where fault is determined to have been contributory, principles of comparative fault would be applied.
  9. This agreement may be amended from time to time by mutual agreement of the parties in a written modification signed by both parties.
  10. This agreement may be terminated by mutual agreement of the parties and shall automatically terminate upon completion of all responsibilities as stated herein, unless otherwise amended.
  11. A party wishing to terminate its responsibilities in this agreement may do so by given the other party (3) three months advance notice, provided that the said termination will not be effective until the schedule activities over the project between the partners have been concluded.


H O CORN shall undertake the following activities:

  1. Source for suitable arable lands for cultivation
  2. Carry out farm operations that include cultivation and growing of maize, either directly or in partnership with others, as its discretion.
  3. Carry out post-harvest processing of maize cultivated or grown at harvest.
  4. Provide bi-weekly progress reports to Investor on farm project; and on the request of Investor, arrange a guided visit to farm location at the investor’s expense.
  5. Sells produce to off takers.
  6. Pay back Investor his/her initial capital and an ROI commensurate to the Unit Selected by the Investor on the H O CORN’s web platform- https://www.hocorn.ng on the payback date applicable.

Investor shall undertake the following activities:

  1. Select desirable Unit, read and understand its terms, investment duration and ROI
  2. Fund selected Unit.
  3. Pay for guided farm visits if he/she so desires.
  4. Provide payment instruction for payment of initial capital and ROI.


  1. The parties shall each be solely responsible for any and all costs associated with their responsibilities under this agreement.
  2. This agreement shall be effective upon the date of the last party to sign below.
  3. The parties indicate agreement by accepting this terms and conditions.

Dispute Resolution Clause

  1. In the event of a dispute arising out of or in connection with this agreement including any question regarding its existence validity or termination, the parties shall first seek settlement of that dispute by conciliation in accordance with the Nigeria Conciliation Rules which Rules are deemed to be incorporated by reference into this clause.
  2. Where more than one conciliator is appointed, parties shall be free to appoint one conciliator each but the 3rd conciliator shall be mutually appointed by the parties.
  3. If the dispute is not settled by conciliation within 30 days of the appointment of the conciliator(s) or such further period as the parties shall agree in writing, the dispute shall be referred to and finally resolved by arbitration under the Nigeria Arbitration Rules which Rules are deemed to be incorporated by reference into this clause.
  4. Where more than one arbitrator is appointed, parties shall be free to appoint one arbitrator each but the 3rd arbitrator shall be mutually appointed by the parties.
  5. The language to be used in the conciliation and in the arbitration shall be English.
  6. The governing law of this agreement shall be the substantive law of Nigeria.
  7. In any arbitration commenced pursuant to this clause;
  8. The number of arbitrator(s) shall be three unless parties agreed in writing that the arbitrators shall be one.
  9. The seat, venue or legal place of the conciliation or arbitration shall be in Nigeria; the city of Ibadan or any other city parties shall agree in writing.