SIGNED FOR AND ON BEHALF OF THE. SUPPLIER BY AN AUTHORISED SIGNATORY IN THE PRESENCE OF: SIGNATURE SIGNATURE OF WITNESS NAME NAME OF WITNESS POSITION DATE DATE SIGNED FOR AND ON BEHALF OF NORCO CO-OPERATIVE LTD ARBN 009 717 417 BY AN AUTHORISED OFFICER IN THE PRESENCE OF: SIGNATURE SIGNATURE OF WITNESS NAME NAME OF WITNESS DATE DATE TEL +00 00 0000 0000 STREET ADDRESS “Windmill Grove” 000 Xxxxxx Xxxxxx, South Lismore, NSW 2480 FAX +00 00 0000 0000 XXXXXX XXXXXXX XX Xxx 000, Xxxxxxx, XXX 0000 WEB xxx.xxxxx.xxx.xx ABN 17 009 717 417 ARBN 009 717 417 MILK SUPPLY AGREEMENT The Milk Supply Agreement requires the Supplier to: • Supply all milk produced at the Farm to Norco, other than milk used by the Supplier for the rearing of stock on the Farm or for the Supplier’s domestic use. • Not supply any milk produced at the Farm to any person other than Norco. • Ensure that the milk supplied, and the Supplier’s milk production and supply practices, comply with the quality and other standards set out in the Norco Suppliers’ Information Manual as well as the milk quality specifications defined as the Required Specifications. • Pay the fees for services provided by Norco, as identified in the Milk Supply Agreement. Norco agrees to purchase all milk supplied by the Supplier from the Farm that meets the Required Specifications. Milk that does not meet these quality standards is identified as Out of Specification and may be rejected by Norco or treated as second grade milk for which a lower price is paid. The price payable by Norco to the Supplier for milk that complies with the Required Specifications comprises the Base Price and, if the Supplier satisfies certain requirements, Bonus Payments and Loyalty Payments. The Base Price is announced annually by Norco in its Pay Rates and Fees Notice. Norco can increase the Base Price for a year. You will be given notice of any increase. The Base Price as at the time a Supplier signs a Milk Supply Agreement is set out in Schedule 2 of the Agreement. The Base Price will not be less than the Minimum Price identified in the Milk Supply Agreement. However, fees payable by the Supplier can be deducted from the Base Price. Bonus Payments are incentives that may be paid to Suppliers for their supply of milk during a year. Bonus Payments applicable at the time the Supplier signs a Milk Supply Agreement will be identified in the Agreement. Bonus Payments for subsequent years are announced by Norco annually. Bonus Payments may be paid for Milk that exceeds minimum milk solids content, exceeds minimum quality standards or for types of milk such as organic Milk. Norco can increase Bonus Payments during a year. Suppliers will be given notice of any change in Bonus Payments. Loyalty Payments are payable by Norco if the Supplier continues to supply all of their milk during a Guaranteed Supply Period. The Guaranteed Supply Period under the Ongoing Exclusive Milk Supply Agreement will depend on the initial period for which the Supplier commits to supply Norco. A choice of 36 months (three-years) or 60 months (five-years) is offered and the choice the Supplier makes will comprise the Guaranteed Supply Period. This period will be renewed on an ongoing basis unless the Supplier or Norco gives the necessary period of notice to prevent that renewal and bring the Milk Supply Agreement to an end. Loyalty Payments applicable at the time the Supplier signs a Milk Supply Agreement will be identified in the Agreement. Loyalty Payments for subsequent years are announced by Norco annually. Norco can increase Loyalty Payments during a year. Suppliers will be given notice of any changes in the Loyalty Payments. This is an ongoing Milk Supply Agreement and, as long as the Supplier remains a member of Norco and Norco remains a co-operative, the term of the Milk Supply Agreement can be renewed for successive Guaranteed Supply Periods. The Supplier or Norco can, by giving the other at least 180 days’ notice before the end of a Guaranteed Supply Period, elect not to renew the term of the Milk Supply Agreement. The Supplier and Norco have the right to terminate the Milk Supply Agreement if the other commits a material breach of the Milk Supply Agreement and does not remedy the breach (where it is capable of remedy) within 14 days of being given notice of the breach. If a dispute arises between the Supplier and Norco, the Milk Supply Agreement includes Dispute Resolution Procedures that must be followed, including a complaints handling procedure as well as mediation and arbitration if required. The Milk Supply Agreement is required to comply with the Dairy Code, which comprises mandatory requirements for agreements under which farmers supply milk to processors.
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Samples: Milk Supply Agreement, Ongoing Exclusive Milk Supply Agreement
SIGNED FOR AND ON BEHALF OF THE. SUPPLIER BY AN AUTHORISED SIGNATORY IN THE PRESENCE OF: SIGNATURE SIGNATURE OF WITNESS NAME NAME OF WITNESS POSITION DATE DATE SIGNED FOR AND ON BEHALF OF NORCO CO-OPERATIVE LTD ARBN 009 717 417 BY AN AUTHORISED OFFICER IN THE PRESENCE OF: SIGNATURE SIGNATURE OF WITNESS NAME NAME OF WITNESS POSITION POSITION DATE DATE TEL +00 00 0000 0000 STREET ADDRESS “Windmill Grove” 000 Xxxxxx Xxxxxx, South Lismore, NSW 2480 FAX +00 00 0000 0000 XXXXXX XXXXXXX XX Xxx 000, Xxxxxxx, XXX 0000 WEB xxx.xxxxx.xxx.xx ABN 17 009 717 417 ARBN 009 717 417 MILK SUPPLY AGREEMENT The Milk Supply Agreement requires the Supplier to: • Supply all the monthly Agreed Volume of milk produced at the Farm to Norco, other than milk used by the Supplier for the rearing of stock on the Farm or for the Supplier’s domestic use. • Not supply any milk produced at the Farm to any person other than Norco. • Ensure that the milk supplied, and the Supplier’s milk production and supply practices, comply with the quality and other standards set out in the Norco Suppliers’ Information Manual as well as the milk quality specifications defined as the Required Specifications. • Pay the fees for services provided by Norco, as identified in the Milk Supply Agreement. The monthly Agreed Volumes are set out in Schedule 3 of the Milk Supply Agreement. The Supplier has no obligation to sell or supply Norco milk in excess of the Agreed Volume and can choose to sell that excess milk to another processor or deal with it as it sees fit. Norco agrees to purchase all the monthly Agreed Volume of milk supplied by the Supplier from the Farm that meets the Required Specifications. Milk that does not meet these quality standards is identified as Out of Specification and may be rejected by Norco or treated as second grade milk for which a lower price is paid. If the Supplier offers Norco milk in excess of the Agreed Volume, Norco may purchase that additional volume of milk but is not required to do so. The price payable by Norco to the Supplier for the Agreed Volume of milk that complies with the Required Specifications comprises the Base Agreed Volume Price and, if the Supplier satisfies certain requirements, Bonus Payments and Loyalty Payments. The Base Agreed Volume Price is announced annually by Norco in its Pay Rates and Fees Fee Notice. Norco can increase the Base Agreed Volume Price for during a year. You The Supplier will be given notice of any increase. The Base Agreed Volume Price as at the time a Supplier signs a Milk Supply Agreement is set out in Schedule 2 of the Agreementagreement. The Base Agreed Volume Price will not be less than the Minimum Agreed Volume Price identified in the Milk Supply Agreement. However, fees payable by the Supplier can be deducted from the Base Agreed Volume Price. Bonus Payments are incentives that may be paid to Suppliers for their supply of milk during a year. Bonus Payments only apply to the Agreed Volume of milk. Bonus Payments applicable at the time the Supplier signs a Milk Supply Agreement will be identified in the Agreement. Bonus Payments for subsequent years are announced by Norco annually. Bonus Payments may be paid for Milk that exceeds minimum milk solids content, exceeds minimum quality standards or for types of milk such as organic Milk. Norco can increase Bonus Payments during a year. Suppliers will be given notice of any change in Bonus Payments. Loyalty Payments are payable by Norco if the Supplier continues to supply all the Agreed Volume of their milk during a Guaranteed the Supply Period. The Guaranteed Supply Period under the Ongoing Exclusive Milk Supply Agreement will depend on the initial period for which the Supplier commits elects to supply Norco. A choice of 36 months (three-three years) or 60 months (five-five years) is offered and the choice the Supplier makes will comprise the Guaranteed Supply Period. This period will be renewed on an ongoing basis unless the Supplier or Norco gives the necessary period of notice to prevent that renewal and bring the Milk Supply Agreement to an end. Loyalty Payments are only paid on the Agreed Volume of milk. Loyalty Payments applicable at the time the Supplier signs a Milk Supply Agreement will be identified in the Agreement. Loyalty Payments for subsequent years are announced by Norco annually. Norco can increase Loyalty Payments during a year. Suppliers will be given notice of any changes change in the Loyalty Payments. This is an ongoing Milk Supply Agreement and, as long as the Supplier remains a member of Norco and Norco remains a co-operative, the term of the Milk Supply Agreement can be renewed for successive Guaranteed Supply Periods. The Supplier or Norco can, by giving the other at least 180 days’ notice before the end of a Guaranteed Supply Period, elect not to renew the term of the Milk Supply Agreement. The Supplier and Norco have the right to terminate the Milk Supply Agreement if the other commits a material breach of the Milk Supply Agreement and does not remedy the breach (where it is capable of remedy) within 14 days of being given notice of the breach. If a dispute arises between the Supplier and Norco, the Milk Supply Agreement includes Dispute Resolution Procedures that must be followed, including a complaints handling procedure as well as mediation and arbitration if required. The Milk Supply Agreement is required to comply with the Dairy Code, which comprises sets out mandatory requirements for agreements under which farmers supply milk to processors.
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SIGNED FOR AND ON BEHALF OF THE. SUPPLIER BY AN AUTHORISED SIGNATORY IN THE PRESENCE OF: SIGNATURE SIGNATURE OF WITNESS NAME NAME OF WITNESS POSITION DATE DATE SIGNED FOR AND ON BEHALF OF NORCO CO-OPERATIVE LTD ARBN 009 717 417 BY AN AUTHORISED OFFICER IN THE PRESENCE OF: SIGNATURE SIGNATURE OF WITNESS NAME NAME OF WITNESS DATE DATE TEL +00 00 0000 0000 STREET ADDRESS “Windmill Grove” 000 Xxxxxx Xxxxxx, South Lismore, NSW 2480 FAX +00 00 0000 0000 XXXXXX XXXXXXX XX Xxx 000, Xxxxxxx, XXX 0000 WEB xxx.xxxxx.xxx.xx ABN 17 009 717 417 ARBN 009 717 417 MILK SUPPLY AGREEMENT The Milk Supply Agreement requires the Supplier to: • Supply all the monthly Agreed Volumes of milk produced at the Farm to Norco, other than milk used by Norco during the Supplier for the rearing of stock on the Farm or for the Supplier’s domestic use. • Not supply any milk produced at the Farm to any person other than NorcoSupply Period. • Ensure that the milk supplied, and the Supplier’s milk production and supply practices, comply with the quality and other standards set out in the Norco Suppliers’ Information Manual as well as the milk quality specifications Manual, which are defined as the Required Specifications. • Pay the fees for services provided by Norco, as identified in the Milk Supply Agreement. The monthly Agreed Volumes are set out in Schedule 3 of the Milk Supply Agreement. The Supplier has no obligation to sell or supply Norco milk in excess of the Agreed Volume and can choose to sell that excess milk to another processor or deal with it as it sees fit. Norco agrees to purchase all the monthly Agreed Volume of milk supplied by the Supplier from the Farm that meets the Required Specifications. Milk that does not meet these quality standards is identified as Out of Specification and may be rejected by Norco or treated as second grade milk for which a lower price is paid. If the Supplier offers Norco milk in excess of the Agreed Volume, Norco may purchase that additional volume of milk but is not required to do so. The price payable by Norco to the Supplier for the Agreed Volume of milk that complies with the Required Specifications comprises the Base Agreed Volume Price Payment and, if the Supplier satisfies certain requirements, Bonus Payments and Loyalty Payments. The Base Agreed Volume Price is announced annually identified on a monthly basis in Schedule 2 and is the lowest price payable by Norco to the Supplier for the Agreed Volume of milk that complies with the Required Specification delivered in its Pay Rates and Fees Noticethe relevant month. Norco However, fees payable by the Supplier can increase the Base Price for a year. You will be given notice of any increasededucted from that Agreed Volume Price. The Base Agreed Volume Price as at the time a Supplier signs a Milk Supply Agreement is set out in Schedule 2 of the Agreementagreement. Norco can increase the Agreed Volume Price during a year. The Base Price Supplier will not be less than the Minimum Price identified in the Milk Supply Agreement. However, fees payable by the Supplier can be deducted from the Base Pricegiven notice of any increase. Bonus Payments are incentives that may be paid to Suppliers for their supply of milk during a year. Bonus Payments only apply to the Agreed Volume of milk. Bonus Payments applicable at the time the Supplier signs a Milk Supply Agreement will be identified in the Agreement. Bonus Payments for subsequent years are announced by Norco annually. Bonus Payments may be paid for Milk that exceeds minimum milk solids content, exceeds minimum quality standards or for types of milk such as organic Milk. Norco can increase Bonus Payments during a year. Suppliers will be given notice of any change in Bonus Payments. Loyalty Payments are payable by Norco if the Supplier continues to supply all the Agreed Volume of their milk during a Guaranteed the Supply Period. The Guaranteed Supply Period under the Ongoing Exclusive Milk Supply Agreement will depend Loyalty Payments are only paid on the initial period for which the Supplier commits to supply Norco. A choice Agreed Volume of 36 months (three-years) or 60 months (five-years) is offered and the choice the Supplier makes will comprise the Guaranteed Supply Period. This period will be renewed on an ongoing basis unless the Supplier or Norco gives the necessary period of notice to prevent that renewal and bring the Milk Supply Agreement to an endmilk. Loyalty Payments applicable at the time the Supplier signs a Milk Supply Agreement will be identified in the Agreement. Loyalty Payments for subsequent years are announced by Norco annually. Norco can increase Loyalty Payments during a year. Suppliers will be given notice of any changes change in the Loyalty Payments. This The Supply Period is an ongoing Milk Supply Agreement and, as long as the period during which the Supplier remains a member agrees to supply the Agreed Volume of Norco and Norco remains a co-operative, the term of the Milk Supply Agreement can be renewed for successive Guaranteed Supply Periodsmilk to Norco. The Supplier or Norco can, by giving the other at least 180 days’ notice before the Supply Period will end of a Guaranteed Supply Period, elect not to renew the term of the Milk Supply Agreementon 30 June 2023. The Supplier and Norco have the right to terminate the Milk Supply Agreement if the other commits a material breach of the Milk Supply Agreement and does not remedy the breach (where it is capable of remedy) within 14 days of being given notice of the breach. If a dispute arises between the Supplier and Norco, the Milk Supply Agreement includes Dispute Resolution Procedures that must be followed, including a complaints handling procedure as well as mediation and arbitration if required. The Milk Supply Agreement is required to comply with the Dairy Code, which comprises sets out mandatory requirements for agreements under which farmers supply milk to processors.
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