Common use of ANNUAL CATCH ENTITLEMENT Clause in Contracts

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 10 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 11 members agree that once an annual ACE is reached no member will fish commercially with any 12 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 13 under plan within the applicable area(s): except in those situations where a member is participating 14 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 15 document has been approved by NMFS. The Sector members may resume fishing activities if 16 additional ACE is secured through inter-sector ACE transfer. The Annual Catch Entitlement, allocated 17 by NMFS to NEFS IX for FY 2015 & FY 2016 will be available in the Northeast Multispecies Fisheries 18 Sector Operations Plans and Contracts and Allocation of Northeast Multispecies Annual Catch 19 Entitlement Final Rule as published by NMFS. 20 2. QUOTA MANAGEMENT: Sector vessels, the dealers to which they are delivering fish and monitors 21 will use a PC based software for collecting data, reporting catch, landings and discards, and 22 reporting catch area information for logbook and stock attribution purposes. The Sector will utilize a

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 10 8 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 11 9 members agree that once an annual ACE is reached no member will fish commercially with any 12 10 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 13 11 under plan within the applicable area(s): except in those situations where a member is participating 14 12 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 15 13 document has been approved by NMFS. The Sector members may resume fishing activities if 16 14 additional ACE is secured through inter-sector inter‐sector ACE transfer. The Annual Catch Entitlement, allocated 17 15 by NMFS to NEFS IX XII for FY 2015 & FY 2016 will be available in the Northeast Multispecies Fisheries 18 16 Sector Operations Plans and Contracts and Allocation of Northeast Multispecies Annual Catch 19 17 Entitlement Final Rule as published by NMFS. 20 18 2. QUOTA MANAGEMENT: Sector vessels, the dealers to which they are delivering fish and monitors 21 19 will use a PC based software for collecting data, reporting catch, landings and discards, and 22 20 reporting catch area information for logbook and stock attribution purposes. The Sector will utilize a

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 10 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 11 members agree that once an annual ACE is reached no member will fish commercially with any 12 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 13 under plan within the applicable area(s): except in those situations where a member is participating 14 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 15 document has been approved by NMFS. The Sector members may resume fishing activities if 16 additional ACE is secured through inter-sector inter‐sector ACE transfer. The Annual Catch Entitlement, allocated 17 by NMFS to NEFS IX III for FY 2015 & FY 2016 will be available in the Northeast Multispecies Fisheries 18 Sector Operations Plans and Contracts and Allocation of Northeast Multispecies Annual Catch 19 Entitlement Final Rule as published by NMFS. 20 2. QUOTA MANAGEMENT: Sector vessels, the dealers to which they are delivering fish and monitors 21 will use a PC based software for collecting data, reporting catch, landings and discards, and 22 reporting catch area information for logbook and stock attribution purposes. The Sector will utilize a

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 10 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 11 members agree that once an annual ACE is reached no member will fish commercially with any 12 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 13 under plan within the applicable area(s): except in those situations where a member is participating 14 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 15 document has been approved by NMFS. The Sector members may resume fishing activities if 16 additional ACE is secured through inter-sector inter‐sector ACE transfer. The Annual Catch Entitlement, allocated 17 by NMFS to NEFS IX II for FY 2015 & FY 2016 will be available in the Northeast Multispecies Fisheries 18 Sector Operations Plans and Contracts and Allocation of Northeast Multispecies Annual Catch 19 Entitlement Final Rule as published by NMFS. 20 2. QUOTA MANAGEMENT: Sector vessels, the dealers to which they are delivering fish and monitors 21 will use a PC based software for collecting data, reporting catch, landings and discards, and 22 reporting catch area information for logbook and stock attribution purposes. The Sector will utilize a

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 10 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 11 members agree that once an annual ACE is reached no member will fish commercially with any 12 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 13 under plan within the applicable area(s): except in those situations where a member is participating 14 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 15 document has been approved by NMFS. The Sector members may resume fishing activities if 16 additional ACE is secured through inter-sector inter‐sector ACE transfer. The Annual Catch Entitlement, allocated 17 by NMFS to NEFS IX XI for FY 2015 & FY 2016 will be available in the Northeast Multispecies Fisheries 18 Sector Operations Plans and Contracts and Allocation of Northeast Multispecies Annual Catch 19 Entitlement Final Rule as published by NMFS. 20 2. QUOTA MANAGEMENT: Sector vessels, the dealers to which they are delivering fish and monitors 21 will use a PC based software for collecting data, reporting catch, landings and discards, and 22 reporting catch area information for logbook and stock attribution purposes. The Sector will utilize a

ANNUAL CATCH ENTITLEMENT. The members agree that they will not collectively harvest more 10 than the Sector ACE, as adjusted by transfers, for any allocated groundfish stocks. Furthermore, the 11 members agree that once an annual ACE is reached no member will fish commercially with any 12 fishing gear capable of catching any of the allocated groundfish stocks or other species managed 13 under plan within the applicable area(s): except in those situations where a member is participating 14 in an exempted fishery, or if a plan submitted by the Sector under §648.87(b)(2)(xiv) in this 15 document has been approved by NMFS. The Sector members may resume fishing activities if 16 additional ACE is secured through inter-sector inter‐sector ACE transfer. The Annual Catch Entitlement, allocated 17 by NMFS to NEFS IX X for FY 2015 & FY 2016 will be available in the Northeast Multispecies Fisheries 18 Sector Operations Plans and Contracts and Allocation of Northeast Multispecies Annual Catch 19 Entitlement Final Rule as published by NMFS. 20 2. QUOTA MANAGEMENT: Sector vessels, the dealers to which they are delivering fish and monitors 21 will use a PC based software for collecting data, reporting catch, landings and discards, and 22 reporting catch area information for logbook and stock attribution purposes. The Sector will utilize a