Common use of Loyalty Premium Clause in Contracts

Loyalty Premium. If a Grower is entitled to a Loyalty Premium in accordance with the Enduring Funding Agreement and Three Year Rolling Grower Contract, the Grower acknowledges that such Loyalty Premium has been assigned to the Registered Supplier and that Loyalty Premium payments received by the Registered Supplier will be 100% pooled and disbursed to qualifying growers as soon as practical after being received.

Appears in 6 contracts

Samples: Grower and Registered Supplier Agreement, Registered Supplier Agreement, Grower and Registered Supplier Agreement

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