Growth Incentive Baseline definition

Growth Incentive Baseline means the growth incentive baseline set out in Item 11 of the Details or as described in section 2.6.

Examples of Growth Incentive Baseline in a sentence

  • If the Supplier is a new supplier to Tatura, the Growth Incentive Baseline is set out in Item 11 of the Details and, if the Supplier commences supplying Tatura part way through a Financial Year, then Growth Incentive will be calculated based on: • the Supplier’s Prior Deemed Milk Supply as set out in Item 13 of the Details; and • Fresh Milk and Grade 2 Milk accepted by Tatura during the Term, (Total Annual Milk).

  • Litres on a skip a day basis Minimum monthly supply (Litres) Minimum Collection Fee (per collection) <1,500 22,500 $40.00 Between 1,500- 1,800 27,000 $30.00 1 July 2020 to 30 June 2021 1 July 2021 to 30 June 2022 Growth Incentive Baseline (average of previous 2 years) 1 July 2022 to the day prior to the Commencement Date Bega accepts the offer of the Supplier and, if applicable, the Sharefarmer Supplier, to supply Milk to Bega on the terms of this Agreement.

  • Litres on a skip a day basis Minimum monthly supply (Litres) Minimum Collection Fee (per collection) 1 July 2020 to 30 June 2021 1 July 2021 to 30 June 2022 Growth Incentive Baseline (average of previous 2 years) 1 July 2022 to the day prior to the Commencement Date Between 1,500- 1,800 27,000 $30.00 Bega accepts the offer of the Supplier and, if applicable, the Sharefarmer Supplier, to supply Milk to Bega on the terms of this Agreement.

  • Litres on a skip a day basis Minimum monthly supply (Litres) Minimum Collection Fee (per collection) <1,500 22,500 $40.00 1,500-1800 27,000 $30.00 1 July 2020 to 30 June 2021 1 July 2021 to 30 June 2022 Growth Incentive Baseline (average of previous 2 years) 1 July 2022 to the day prior to the Commencement Date Bega accepts the offer of the Supplier and, if applicable, the Sharefarmer Supplier, to supply Milk to Bega on the terms of this Agreement.

Related to Growth Incentive Baseline

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.