Share standard definition
Share standard means the number of shares required to be held for every kilogram of milksolids supplied; currently 10 x 50 cent shares.
Share standard means the number of Co-operative Shares a Shareholder is required from time to time to hold as determined in accordance with clause 3.4.
Share standard means the number of Shares a Farmer Shareholder is required from time to time to hold as determined in accordance with Fonterra's constitution, being at the date of this Disclosure Document, one Share for each kilogram of milksolids obtainable from milk supplied to Fonterra by a Farmer Shareholder in the relevant Season (excluding milk supplied on contract supply). The Fonterra Board may permit the Share Standard to be satisfied through the holding of both Shares and Vouchers.