Options to Terminate. In the event that the contract price for any six-month contract period is less than 75 cents per pound, MLP shall be entitled to terminate this agreement at its sole option by providing 60 days written notice. In the event that the contract price for any six-month contract period is more than $1.20 per pound, IP shall be entitled to terminate this agreement at its sole option by providing 60 days written notice.
Appears in 2 contracts
Sources: Macadamia Nut Purchase Agreement, Macadamia Nut Purchase Agreement (Ml Macadamia Orchards L P)