Common use of Growth Incentive Clause in Contracts

Growth Incentive. If the Supplier is able to increase either or both of their Milk Solids in Fresh Milk or Grade 2 Milk during the Growth Incentive Period, the Supplier may be eligible for a Growth Incentive under this section 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids in Fresh Milk or Grade 2 Milk which are accepted by Tatura in the Growth Incentive Period over and above the average of the relevant Milk Solids in such milk supplied during the previous two Financial Years (Growth Incentive Baseline). 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). The Supplier will then be paid a pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by Tatura during the Term. 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. If there is more than one Farm listed in Item 1 of the Details, Tatura 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. 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. If the Supplier would have received more money from Tatura under the New Milk Incentive, the Supplier will not also be paid a Growth Incentive. If the Supplier would have been paid more money from Tatura under the Growth Incentive, the Supplier will receive a top up payment as soon as reasonably practicable after the end of any relevant Financial Year, being the difference between what the Supplier would have been paid under the Growth Incentive less what they have been paid under the New Milk Incentive.

Growth Incentive. If the Supplier is able to increase either or both of their Milk Solids in Fresh the Milk or Grade 2 Milk accepted by Bega during the Growth Incentive Period, the Supplier may be eligible for a Growth Incentive under this section 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids in Fresh Milk or Grade 2 Milk which are accepted by Tatura Bega in the Growth Incentive Period over and above the average of the relevant Milk Solids in such milk supplied during the previous two Financial Years (Growth Incentive Milk Baseline). If the Supplier is a new supplier to TaturaBega, the Growth Incentive Milk. Baseline is set out in Item 11 of the Details and, if the Supplier commences supplying Tatura Bega part way through a Financial Year, then the 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 Bega during the Term, (Total Annual Milk). The Supplier will then be paid a pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by Tatura Bega during the Term. 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. If there is more than one Farm listed in Item 1 of the Details, Tatura Bega 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. 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. If the Supplier would have received more money from Tatura Bega under the New Milk Incentive, the Supplier will not also be paid a Growth Incentive. If the Supplier would have been paid more money from Tatura Bega under the Growth Incentive, the Supplier will receive a top up payment as soon as reasonably practicable after the end of any relevant Financial Year, being the difference between what the Supplier would have been paid under the Growth Incentive less what they have been paid under the New Milk Incentive.

Growth Incentive. If the Supplier is able to increase either or both of their Milk Solids in Fresh the Milk or Grade 2 Milk accepted by Bega during the Growth Incentive Period, the Supplier may be eligible for a Growth Incentive under this section 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids in Fresh Milk or Grade 2 Milk which are accepted by Tatura Bega in the Growth Incentive Period over and above the average of the relevant Milk Solids in such milk supplied during the previous two Financial Years (Growth Incentive Milk Baseline). If the Supplier is a new supplier to TaturaBega, the Growth Incentive Milk Baseline is set out in Item 11 of the Details and, if the Supplier commences supplying Tatura Bega part way through a Financial Year, then the 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 Bega during the Term, (Total Annual Milk). The Supplier will then be paid a pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by Tatura Bega during the Term. 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. If there is more than one Farm listed in Item 1 of the Details, Tatura Bega 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. 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. If the Supplier would have received more money from Tatura Bega under the New Milk Incentive, the Supplier will not also be paid a Growth Incentive. If the Supplier would have been paid more money from Tatura Bega under the Growth Incentive, the Supplier will receive a top up payment as soon as reasonably practicable after the end of any relevant Financial Year, being the difference between what the Supplier would have been paid under the Growth Incentive less what they have been paid under the New Milk Incentive.

Growth Incentive. If the Supplier is able to increase either or both of their Milk Solids in Fresh Milk Premium or Grade 2 Choice Milk during the Growth Incentive Period, the Supplier may be eligible for a Growth Incentive under this section 2.7. The Growth Incentive is calculated on any increase in either or both of the Milk Solids in Fresh Milk Premium or Grade 2 Choice Milk which are accepted by Tatura in the Growth Incentive Period over and above the average of the relevant Milk Solids in on such milk supplied during the previous two Financial Years (Growth Milk Incentive Baseline). If the Supplier is a new supplier to Tatura, the Growth Milk 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). The Supplier will then be paid a pro-rata proportion of the Growth Incentive calculated on the proportion of the Total Annual Milk that was accepted by Tatura during the Term. 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. If there is more than one Farm listed in Item 1 of the Details, Tatura 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. 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. If the Supplier would have received more money from Tatura under the New Milk Incentive, the Supplier will not also be paid a Growth Incentive. If the Supplier would have been paid more money from Tatura under the Growth Incentive, the Supplier will receive a top up payment as soon as reasonably practicable after the end of any relevant Financial Year, being the difference between what the Supplier would have been paid under the Growth Incentive less what they have been paid under the New Milk Incentive.