Common use of Productivity Incentive Clause in Contracts

Productivity Incentive. For Exclusive Suppliers only Exclusive Suppliers are eligible to receive a Productivity Incentive. Non-Exclusive Suppliers are not eligible to receive a Productivity Incentive. If you are eligible for a Productivity Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Productivity Incentive in accordance with the Relevant Percentage. The rates for the Productivity Incentive are set out in Item 7 of the Details. The Productivity Incentive will be calculated in relation to each of the Farm(s) on an individual basis for each month during the Term. The Productivity Incentive will be paid at the relevant rate for the amount of Milk accepted by us during each month for the Term. If there is more than one Farm listed in Item 1 of the Details, we will group all those Farms together for the purposes of calculating the Productivity Incentive in the manner described above, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Productivity Incentive will be calculated and paid on a per Farm basis.