Common use of Harvest Share Use Clause in Contracts

Harvest Share Use. Only Members that notify the Manager in writing on or before 19 December 3, 2012 (the “Notification Date”), and on or before any succeeding Notification Dates 20 established by the Board for FY 2013 and thereafter of their intention to harvest Sector ACE (“Active 21 Members”) may harvest Sector ACE. Each Member’s notice that such Member intends to harvest 22 Sector ACE shall identify the vessels which will be used for such harvest. Non‐active Members shall not 23 harvest Sector ACE, including without limitation, their own Harvest Share. No Active Member shall 24 harvest an amount of Sector ACE in excess of their Harvest Share. Harvest of each Member's Harvest 25 Share shall be subject to all NMFS and other management regulations generally applicable to the 27 discreet, individual basis; i.e., no greater percentage of each Member's Harvest Share may be harvested 28 in any season or area than the percentage of the related Sector ACE allocation permitted to be 29 harvested in such season or area. The Manager may impose and enforce additional restrictions on each 30 Active Member’s harvest of Sector ACE authorized by this Agreement or adopted by the Board.

Harvest Share Use. Only Members that notify the Manager in writing on or before 19 December 3beforeMarch 6, 2012 2014 (the “Notification Date”), and on or before any succeeding Notification Dates 20 established by the Board for FY 2013 2014 and thereafter of their intention to harvest Sector ACE (“Active 21 Members”) may harvest Sector ACE. Each Member’s notice that such Member intends to harvest 22 Sector ACE shall identify the vessels which will be used for such harvest. Non‐active Non-Active Members shall not 23 harvest Sector ACE, including without limitation, their own Harvest Share. No Active Member shall 24 harvest an amount of Sector ACE in excess of their Harvest Share. Harvest of each Active Member's ’s 25 Harvest 25 Share shall be subject to all NMFS and other management regulations generally applicable to 26 the Sector’s ACE (including but not limited to seasonal apportionments and area harvest restrictions) on 27 a discreet, individual basis; i.e., no greater percentage of each Member's Harvest Share may be 28 harvested 28 in any season or area than the percentage of the related Sector ACE allocation permitted to 29 be 29 harvested in such season or area. The Manager may impose and enforce additional restrictions on 30 each 30 Active Member’s harvest of Sector ACE authorized by this Agreement or adopted by the Board.

Harvest Share Use. Only Members that notify the Manager in writing on or 19 before 19 December 3, 2012 [INSERT DATE] (the “Notification Date”), and on or before any succeeding Notification Dates 20 established by the Board for FY 2013 and thereafter 2016 of their intention to harvest Sector ACE (“Active 21 Members”) may 21 harvest Sector ACE. Each Member’s notice that such Member intends to harvest 22 Sector ACE shall 22 identify the vessels which will be used for such harvest. Non‐active Non‐Active Members shall not 23 harvest Sector 23 ACE, including without limitation, their own Harvest Share. No Active Member shall 24 harvest an amount 24 of Sector ACE in excess of their Harvest Share. Harvest of each Active Member's ’s Harvest 25 Share shall be 25 subject to all NMFS and other management regulations generally applicable to the 27 Sector’s ACE 26 (including but not limited to seasonal apportionments and area harvest restrictions) on a discreet, 27 individual basis; i.e., no greater percentage of each Member's Harvest Share may be harvested 28 in any 28 season or area than the percentage of the related Sector ACE allocation permitted to be 29 harvested in 29 such season or area. The Manager may impose and enforce additional restrictions on each Active 30 Active Member’s harvest of Sector ACE authorized by this Agreement or adopted by the Board.

Harvest Share Use. Only Members that notify the Manager in writing on or 19 before 19 December 3March 15, 2012 2016 (the “Notification Date”), and on or before any succeeding Notification Dates 20 established by the Board for FY 2013 and thereafter 2016 of their intention to harvest Sector ACE (“Active 21 Members”) may 21 harvest Sector ACE. Each Member’s notice that such Member intends to harvest 22 Sector ACE shall 22 identify the vessels which will be used for such harvest. Non‐active Non‐Active Members shall not 23 harvest Sector Xxxxxx 00 ACE, including without limitation, their own Harvest Share. No Active Member shall 24 harvest an amount 24 of Sector ACE in excess of their Harvest Share. Harvest of each Active Member's ’s Harvest 25 Share shall be 25 subject to all NMFS and other management regulations generally applicable to the 27 Sector’s ACE 26 (including but not limited to seasonal apportionments and area harvest restrictions) on a discreet, 27 individual basis; i.e., no greater percentage of each Member's Harvest Share may be harvested 28 in any 28 season or area than the percentage of the related Sector ACE allocation permitted to be 29 harvested in 29 such season or area. The Manager may impose and enforce additional restrictions on each Active 30 Active Member’s harvest of Sector ACE authorized by this Agreement or adopted by the Board.