Founded in 1945, it is one of the largest sausage producers in the United States and the largest sausage brand by revenue in the United States. Johnsonville sausage is available in more than 35 countries. Privately owned, the company has approximately 1,400 employees.
An indenture is a legal contract that reflects or covers a debt or purchase obligation. It specifically refers to two types of practices: in historical usage, an indentured servant status, and in modern usage, it is an instrument used for commercial debt or real estate transaction. 1 Historical usage.
Indentured servitude or indentured labor is any system of unfree labor under which an employee (indenturee) is bound by a contract (indenture) to work for a particular employer, for a fixed period of time. The employer is often permitted to assign the labor of an indenturee to a third party. Indenturees usually enter into an indenture for a specific payment or other benefit, or to meet a legal obligation, such as debt bondage. In many countries, systems of indentured labor have been outlawed.