Common Contracts

Contract

November 10th, 2014

• Filed
  November 10th, 2014

( a) Th e Coope ra t i n g S po n so r s ha ll e n t e r i n t o a w r i tt e n a g r ee m e n t wi t h a r ecipie n t a ge n c y p r io r t o t h e t ran sfe r of any co mm odi t ies, s a le p r oceeds o r p r og ra m i n co m e t o t h e r ecipie n t a ge n- c y . Copies of s u c h a g r ee m e n t s s ha ll be p r ovided t o t h e Ag r ic u l t ura l Co un selo r o r A tt a c h e, an d t h e Di r ec t o r , P DD. Su c h a g r ee m e n t s s ha ll r eq u i r e t h e r e- cipie n t a ge n c y t o p ay t h e Coope ra t i n g S po n so r t h e v a l u e of any co mm odi t ies, s a le p r oceeds o r p r og ra m i n co m e t ha t ar e u sed fo r p ur poses n o t exp r essl y pe r - m i tt ed un de r t h e P r og ra m Ag r ee m e n t , o r t ha t ar e los t , d a m a ged, o r m is u sed a s r es u l t of t h e r ecipie n t a ge n c y’s fa il- ur e t o exe r cise r e a so na ble c ar e;