Common use of Milk Growth Incentive Clause in Contracts

Milk Growth Incentive. If Riverina Fresh has agreed in writing to the Supplier’s planned increase in production then in addition to the Minimum Price a “Milk Growth Incentive” will be payable to the Supplier. The Milk Growth Incentive is calculated using the previous season (July - June) as the base. The payment will be made on the agreed planned increased supply of fat and protein above each month’s production base. This will be paid as: August – November December – July Butterfat (c/kg) 22 50 Protein (c/kg) 10 23 Further details regarding the Milk Growth Incentive are available in the Handbook.

Appears in 10 contracts

Samples: Non Exclusive Milk Supply Agreement, Exclusive Milk Supply Agreement, Non Exclusive Milk Supply Agreement

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