Common use of Reasonable compensation; alternative calculation Clause in Contracts

Reasonable compensation; alternative calculation. Notwithstanding subsection 1‑B, if a small beer manufacturer or small hard cider manufacturer makes a triggering change to an agreement that meets the requirements of subsection 1‑C, the small beer manufacturer or small hard cider manufacturer shall pay the wholesale licensee reasonable compensation for the fair market value of the wholesale licensee's business related to the affected brand or brands of malt liquor or hard cider in accordance with this subsection.

Appears in 9 contracts

Samples: legislature.maine.gov, www.mainelegislature.org, mainelegislature.org

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