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. The Productivity Incentive is paid to eligible Exclusive Suppliers monthly based on the amount of Milk Solids accepted by us for each month during the Term. If production in a month does not exceed 5,000 kg of Milk Solids, then no Productivity Incentive is paid for that month. When production in a month exceeds 5,000 kg of Milk Solids, then the Productivity Incentive will be paid on all the Milk Solids you supplied in that month. The method for determining the Productivity Incentive rate to be paid per kg of Milk Solids (including the maximum rate) is set out in Item 7 of the Details. 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, 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.

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. The Productivity Incentive is paid to eligible Exclusive Suppliers monthly based on the amount of Milk Solids accepted by us for each month during the Term. If production in a month does not exceed 5,000 3,000 kg of Milk Solids, then no Productivity Incentive is paid for that month. When production in a month exceeds 5,000 3,000 kg of Milk Solids, then the Productivity Incentive will be paid on all the Milk Solids you supplied in that month. The method for determining the Productivity Incentive rate to be paid per kg of Milk Solids (including the maximum rate) is set out in Item 7 of the Details. 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, 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.