Annual Distribution. Each Member hereby acknowledges and agrees that the Annual Catch Entitlement (ACE) of multispecies authorized by Amendment 16 and NMFS to the Sector (the “ACE”) shall be harvested in accordance with the Harvesting Rules, which are set forth as Exhibit D hereto. Sector members will be allocated a portion of the Sector’s total allocation (a ‘share’)based on the proportion of each stock that they contribute to the Sector’s initial ACE. Those members who have more than one vessel enrolled in the Sector may decide to consolidate their fishing effort to one or more vessels. The attached roster in EXHIBIT B lists all permits in the Sector and indicates whether the vessel is expected to be active in the groundfish fishery in 2010. The share allocated to individual Sector members will be monitored through sector-required (as distinct from NMFS-required) daily electronic reporting of all allocated stocks (catch (including discards) by stock area). It is anticipated that through daily electronic reporting of catch by stock area, the sector manager will be able to track the sector’s ACEs on a real time basis.
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Sources: Operations Plan, Operations Plan