Contract Renewals. The Company's sales of PCC are predominantly pursuant to long-term agreements, generally ten years in length, with paper ▇▇▇▇▇ at which the Company operates satellite PCC plants. The terms of many of these agreements have been extended, often in connection with an expansion of the satellite PCC plant. Failure of a number of the Company's customers to renew existing agreements on terms as favorable to the Company as those currently in effect could cause the future growth rate of the Company to differ materially from its historical growth rate, and could have a substantial adverse effect on the Company's results of operations.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement