Exclusive Suppliers only: Productivity Incentive Sample Clauses

Exclusive Suppliers only: Productivity Incentive. (Section 2.4) Productivity Incentive rates (exclusive of GST) We will determine the cents per litre (cpl) rate for the Productivity Incentive applicable during a Financial Year based on your Forecasted Volume for that Financial Year in accordance with the above table. Your Productivity Incentive will then be paid monthly at that rate on the basis of your Forecasted Volume for that month. If your actual monthly volume falls below (or above) your monthly Forecasted Volume for one or more months during a Financial Year, we may apply a revised cpl rate for the remainder of that Financial Year, with your written agreement. The Productivity Incentive that may be payable for the final July and August of the Term shall be calculated at the Productivity Incentive rate applicable for the final June of the Term.
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Exclusive Suppliers only: Productivity Incentive. (Section 2.4) Productivity Incentive rates (exclusive of GST)
Exclusive Suppliers only: Productivity Incentive. (Section 2.4) Productivity Incentive rates (exclusive of GST) : Productivity Incentive Based on monthly production kg milk solids (fat + protein) rate: 2.0c/kg MS per 1000 kg MS Chart below shows approximate c/l production incentive -v- monthly production (assumes reference composition 4.0% butterfat & 3.2% protein) below 5000 kg MS = no payment 3.0 max rate = 42.0c/kg MS 2.5 example: 2.0 144,500 litres @ 3.98%F, 3.24% P 1.5 1.0 = 10,433 kg Fat+Protein 0.5 rate is 10433/1000x2.0 = 20.87c/kg 0.0 0 000 000 000 400 500 600 700 20.87c/kg x 10433 kg = $2,176.95 '000 Litres/month
Exclusive Suppliers only: Productivity Incentive. (Section 2.4) Productivity Incentive rates (exclusive of GST) The Productivity Incentive is paid to eligible Exclusive Suppliers where their monthly production of Milk Solids exceeds 5,000 kg of Milk Solids. The Productivity Incentive rate is determined on the basis of $0.02/kg MS per 1,000 kg MS accepted from you for the relevant month. The maximum Productivity Incentive rate is $0.42/kg MS. For example: If you supply 10,433 kg of Milk Solids to us in a month: Productivity Incentive rate: 10,433 ÷1,000× $0.02 = $0.21 Productivity Incentive payment: $0.21 × 10,433 = $2,176.95 For illustrative purposes only, the table below sets out the Productivity Incentive rates that apply at various levels of monthly production of Milk Solids: Total monthly Productivity Productivity Total monthly Productivity Productivity kgs Incentive Rate Incentive kgs Incentive Rate Incentive Milk Solids ($ per kg MS)** Cpl* Payment ($)** Milk Solids ($ per kg MS)** Cpl* Payment ($)** 5,000 0.10 0.7 500 20,000 0.40 2.9 8,000 6,000 0.12 0.9 720 21,000 0.42 3.0 8,820 7,000 0.14 1.0 980 22,000 0.42 3.0 9,240 8,000 0.16 1.1 1,280 23,000 0.42 3.0 9,660 9,000 0.18 1.3 1,620 24,000 0.42 3.0 10,080 10,000 0.20 1.4 2,000 25,000 0.42 3.0 10,500 11,000 0.22 1.6 2,420 26,000 0.42 3.0 10,920 12,000 0.24 1.7 2,880 27,000 0.42 3.0 11,340 13,000 0.26 1.9 3,380 28,000 0.42 3.0 11,760 14,000 0.28 2.0 3,920 29,000 0.42 3.0 12,180 15,000 0.30 2.1 4,500 30,000 0.42 3.0 12,600 16,000 0.32 2.3 5,120 31,000 0.42 3.0 13,020 17,000 0.34 2.4 5,780 32,000 0.42 3.0 13,440 18,000 0.36 2.6 6,480 33,000 0.42 3.0 13,860 19,000 0.38 2.7 7,220 34,000 0.42 3.0 14,280 * The cents per litre rate assumes total Milk Solids of 7.2%, comprised of 4% butterfat 3.2% protein. ** The actual Productivity Incentive rate you will be paid may vary from the information in the above table depending on your actual total Milk Solids for the month.
Exclusive Suppliers only: Productivity Incentive. (Section 2.4) Productivity Incentive rates (exclusive of GST) We will determine the cents per litre (cpl) rate for the Productivity Incentive applicable during a Financial Year based on your Forecasted Volume for that Financial Year in accordance with the above table. Your Productivity Incentive will then be paid monthly at that rate on the basis of your Forecasted Volume for that month. If your actual monthly volume falls below (or above) your monthly Forecasted Volume for one or more months during a Financial Year, we may apply a revised cpl rate for the remainder of that Financial Year, with your written agreement. The Productivity Incentive that may be payable for the final July and August of the Term shall be calculated at the Productivity Incentive rate applicable for the final June of the Term. Exclusive Agreement Month $ per Kg Butterfat $ per Kg Protein Jul-24 7.32 10.98 Aug-24 7.10 10.65 Sep-24 6.68 10.02 Oct-24 6.68 10.02 Nov-24 6.68 10.02 Dec-24 7.06 10.59 Jan-25 7.68 11.52 Feb-25 7.68 11.52 Mar-25 7.94 11.91 Apr-25 7.94 11.91 May-25 7.58 11.37 Jun-25 7.58 11.37 Jul-25 7.32 10.98 Aug-25 7.10 10.65 Non Exclusive Agreement $ per Kg Butterfat $ per Kg Protein 7.09 10.64 6.87 10.31 6.45 9.68 6.45 9.68 6.45 9.68 6.83 10.25 7.45 11.18 7.45 11.18 7.71 11.57 7.71 11.57 7.35 11.03 7.35 11.03 7.09 10.64 6.87 10.31 Productivity Incentive Annual Volume (Litres) rate (cpl) up to 1,000,000 0 1,000,001 to 3,000,000 1 3,000,001 to 5,000,000 1.5 5,000,001 to 7,000,000 2 7,000,001 to 10,000,000 2.5 over 10,000,001 3
Exclusive Suppliers only: Productivity Incentive. (Section 2.4) Productivity Incentive rates (exclusive of GST) Productivity Incentive Annual Volume (Litres) rate (cpl) up to 1,000,000 0.0 1,000,001 to 3,000,000 1.0 3,000,001 to 5,000,000 1.5 5,000,001 to 7,000,000 2.0 7,000,001 to 10,000,000 2.5 over 10,000,001 3.0 We will determine the cents per litre (cpl) rate for the Productivity Incentive applicable during a Financial Year based on your Forecasted Volume for that Financial Year in accordance with the above table. Your Productivity Incentive will then be paid monthly at that rate on the basis of your Forecasted Volume for that month. If your actual monthly volume falls below (or above) your monthly Forecasted Volume for one or more months during a Financial Year, we may apply a revised cpl rate for the remainder of that Financial Year, with your written agreement. The Productivity Incentive that may be payable for the final July and August of the Term shall be calculated at the Productivity Incentive rate applicable for the final June of the Term.

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