Common use of Documentation of Position Sales Clause in Contracts

Documentation of Position Sales. Payment for the dried Egg Product solids produced from Golden Oval's liquid eggs will be set forth by the type of dried Egg Product solids sold by Primegg in the Designated Customer Sales in which Golden Oval has taken a position. Such reports shall accompany payments made by Primegg to Golden Oval for its liquid eggs. As new Designated Customers Sales are made by Primegg and Position Sales are taken by Golden Oval, the new Designated Customer Sales and Golden Oval's Position Sales therein will be added to the report for each type of dried Egg Product solids based on the month in which the shipment of the Golden Oval dried Egg Product solids is expected to be made by Primegg. As liquid eggs are received by Primegg from Golden Oval each month, the Position Sales identified for that month will be used first in calculating the amount of the payment to Golden Oval for the dried Egg product solids content of its liquid eggs. Primegg will provide monthly shipping reports of dried Egg Product solids identifying Position Sales separately from Non-Position sales.