Common use of FIFO Clause in Contracts

FIFO. On the Review Date, and at any other time where the Company considers there has been a material change to the cost of airfares, the Rivtow must review the FIFO budget against the actual costs of commercial flights from Perth to Port Hedland, and adjust the FIFO budget to ensure that it is commensurate with the actual costs (acting reasonably). The FIFO budget may be increased or decreased as a result of that review; The FIFO budget will be adjusted by applying the on-site resident cap formula on the Review Date. Execution EXECUTED as an agreement Rivtow Marine Pty Ltd ACN 601 268 115 on / /20 by: Director Director/Secretary Full name of Director Full name of Director/Secretary [Trust Manager] as trustee for [Unit Trust] on / /20 by: Director Director/Secretary Full name of Director Full name of Director/Secretary Annexure A - Partnership Service Contract (clause 1.1)‌ Annexure B - Trust Manager KPIs *In the event of a fatality or total or permanent disability occurring during any month, there will be no entitlement to the KPI incentive amount for that quarter. Annexure B - Trust Manager KPIs Effectiveness of Partnership Scorecard Annexure B - Trust Manager KPIs