Growth Incentive definition

Growth Incentive means the incentive, the details for which are set out in section 2.6.
Growth Incentive means the incentive, the details for which are set out in section 2.7. Growth Incentive Baseline means the growth incentive baseline defined in section 2.7. Growth Incentive Period means the 12 months ending on the Expiry Date.
Growth Incentive. New Restaurant’s openings will receive an additional ***% paid quarterly for ***.

Examples of Growth Incentive in a sentence

  • The rates for the Growth Incentive and an example of the way in which the Growth Incentive operates are set out in Item 10 of the Details.

  • However, the Growth Incentive rate will be capped at a fixed rate of $0.21 per Kg butterfat and $0.32 Kg protein where 720,000 Kg Milk Solids or more are accepted by DFMC from the supplier during the Growth Incentive Period.

  • To determine whether you will receive a Growth Incentive, at the end of the Growth Incentive Period, you will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive.

  • 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 Growth Incentive, unless there is a different Sharefarmer Supplier or Sharefarmer Suppliers associated with any of the Farms in which case the Growth Incentive will be calculated and paid on a per Farm basis.

  • If an Exclusive Supplier is entitled to a Growth Incentive and there is a Sharefarmer, we will pay you and the Sharefarmer the Growth Incentive in accordance with the Relevant Percentage.

  • Non- Exclusive Suppliers are not eligible to receive a Growth Incentive.

  • If you would have been paid more money from us under the Growth Incentive, you will receive a top up payment as soon as reasonably practicable after the end of the Financial Year, being the difference between what you would have been paid under the Growth Incentive less what you have been paid under the New Milk Incentive.

  • If you would have received more money from us under the New Milk Incentive, you will not also be paid a Growth Incentive.

  • To determine whether the Supplier will receive a Growth Incentive, at the end of the Growth Incentive Period, the Supplier will be assessed against both the criteria for the New Milk Incentive and the criteria for the Growth Incentive.

  • Exclusive Suppliers only Exclusive Suppliers are eligible to receive a Growth Incentive if they satisfy the requirements set out in this section.


More Definitions of Growth Incentive

Growth Incentive means the discount provided to a
Growth Incentive means the incentive, the details for which are set out in section 2.7. Growth Incentive Baseline means the growth incentive baseline defined in section 2.7. Growth Incentive Period means the 12 months commencing on the Commencement Date. Industry Fees has the meaning given in section 2.9. Mandatory Dairy Code means the code to apply to the dairy industry introduced by the Australian Department of Agriculture and Water Resources with a commencement date of 1 January 2020. Milk means bovine milk supplied and accepted under this Agreement.

Related to Growth Incentive

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.