Feed Incentive Clause Samples

Feed Incentive. Grower shall be entitled to receive a feed incentive payment of [* * *] per acceptable pullet delivered to Midwest’s layer farm if the average weight of the acceptable pullets in a flock are above 99% of the grams per bird target weight at 16 weeks of age and the feed consumption for a flock delivered to the layer farm is less than the cumulative feed consumption per bird under the applicable performance guide as prescribed in Exhibit B.
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Feed Incentive. Grower shall be entitled to a feed incentive payment of [* * *] per acceptable pullet delivered to Midwest’s layer farm if the average bird weight of the acceptable pullets in a flock are greater than 99% grams/bird of the target body weight average at 16 weeks and the accumulative feed consumption per bird for 16 weeks is less than 101% of the target feed consumption in grams per bird. Grower shall be entitled to a feed incentive payment amount of [* * *] per acceptable pullet if the average bird weight of the flock at 16 weeks is greater than 1218 grams and the cumulative feed consumption is less than 5099 grams per bird. THIS GRANT OF EASEMENT is made as of this 1st day of November, 2003 between ▇▇▇▇▇▇▇ ▇▇▇▇▇, an individual resident of Minnesota (“Grantor”) in favor of Midwest Investors of Renville, Inc. d/b/a Golden Oval Eggs, a Minnesota cooperative association and its successors and assigns (“Grantee”).
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Related to Feed Incentive

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Performance Incentive 4.10.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ. 4.10.2 With respect to part of a Year in which the term of this Agreement begins or ends, the relevant quantities in Clause 4.10.1, except the Multiplier, shall apply pro-rata. 4.10.3 Within thirty (30) days of expiry of a Year, the Seller shall submit an invoice to the Purchaser with respect to the PI payable in terms of Clause 4.10.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice. In the event of non-payment of PI by the due date, the Seller shall have the right to suspend Coal supplies without absolving the Purchaser of its obligations under this Agreement.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.