Up to 150,000 acres; subsequent acreage, if any, shall be determined by mutual agreement. In addition, The Liberia Company shall have the right to prospect in the public domain for 12 years following the contract's effective date.
If any acreage selected by The Liberia Company for its agricultural operations is not owned by the Government, the Government will assist the company to acquire leasehold rights to the land and agrees to use its good offices to see that compensation is just and reasonable. The Government will also help The Liberia Company in acquiring leasehold rights to land for mining purposes or related activities, at the expense of the company.