Common use of SAMPLE Clause in Contracts

SAMPLE. 24. If the Association contracts with Xxxxxxxxx Cotton Co. Xxxxxxxxx Cotton Co., in its discretion, may attempt to achieve a price enhancement for the benefit of the Association, and through the association, for the Producer. There is no guarantee of an enhancement. Xxxxxxxxx’x interest in doing this is to enhance, attract and keep the business of Association, and through Association, the business of Producer. Xxxxxxxxx will also be attempting to maximize its own returns, and these activities may produce a conflict of interest. Xxxxxxxxx may from time to time enter into agreements with other cooperatives, associations, or third parties in which it seeks to enhance their interests and these activities also may produce a conflict of interest. It is agreed that Xxxxxxxxx has no duty to subordinate its own interests or the interests of others in order to enhance the price of the cotton of the Association and its members. Any conflict of interest waived. Cotton markets are highly risky and volatile. The sole remedy of Producer for failure to receive a desired price enhancement will be to decline to sign up with Association in the future. The sole remedy of Association for failure to receive a desired price enhancement will be to decline to contract with Xxxxxxxxx in the future.