Common use of Increased Share Clause in Contracts

Increased Share. As a further incentive for Contractor to maximize recovery 27 of Recyclable Materials at the MRF, the Contractor’s share of Revenues (in 28 excess of the Revenue Guarantee) will be increased as provided in this 29 subsection 3. 31 Materials not recovered at the MRF will be sent to the Transfer Station for 32 transport to the Designated Disposal Site. Commencing with the first Rate 33 Year in which full-scale sorting operations are continuous (expected to be 34 2012), the MRF residue generation rate will be calculated. The MRF residue 35 generation rate is the percentage obtained by dividing the total Tons of 36 material sent from the MRF to the Transfer Station during the Rate Year by 37 the total Tons of material delivered to the MRF. 38 39 For any Rate Year in which the MRF residue generation rate is less than ten 40 percent (10%), the Contractor’s percentage share of Revenues in excess of 41 the Revenue Guarantee will be increased as follows: 10%> no increase 9.0% - 9.9% 1% increase (becomes 26%)

Increased Share. As a further incentive for Contractor to maximize recovery 27 of Recyclable Materials at the MRF, the Contractor’s share of Revenues (in 28 excess of the Revenue Guarantee) will be increased as provided in this 29 subsection 3. 31 Materials not recovered at the MRF will be sent to the Transfer Station for 32 transport to the Designated Disposal Site. Commencing with the first Rate 33 Year in which full-scale sorting operations are continuous (expected to be 34 2012), the MRF residue generation rate will be calculated. The MRF residue 35 generation rate is the percentage obtained by dividing the total Tons of 36 material sent from the MRF to the Transfer Station during the Rate Year by 37 the total Tons of material delivered to the MRF. 38 39 For any Rate Year in which the MRF residue generation rate is less than ten 40 percent (10%), the Contractor’s percentage share of Revenues in excess of 41 the Revenue Guarantee will be increased as follows: 10%> no increase 9.0% - 9.9% 1% increase (becomes 26%)) 8.0% - 8.9% 2% increase (becomes 27%) 7.0% - 7.9% 3% increase (becomes 28%) 6.0% - 6.9% 4% increase (becomes 29%) 5.0% - 5.9% 5% increase (becomes 30%) 4.0% - 4.9% 6% increase (becomes 31%) 1 <3.9% 7% increase (becomes 32%) 2 The amounts due the Contractor pursuant to Section 7.07.D.3 will be 3 calculated annually on a Rate Year basis, and paid as provided in Section 4 8.08.