Common use of Volume Incentive Clause in Contracts

Volume Incentive. The Company will pay a Volume Incentive in accordance with clause 9(b) and Appendix 2, provided the Supplier supplies the Company with the agreed quantities of milk solids. Should there be more than one agreement between the Supplier and the Company for the supply of milk solids, the Volume Incentive shall be calculated based on the combined quantity of all existing agreements between the parties. However, the Supplier is only allowed to claim for the Volume Incentive under one agreement.