Page 494 - Onboarding May 2017
P. 494

Commercial General Liability (commercial   $10,000,000 in the aggregate
            umbrella policy may satisfy minimum
            required insurance limits)


            Product Liability/Completed Operations  $5,000,000 in the aggregate


            Umbrella/Excess Liability              $10,000,000 in the aggregate



            PRODUCT CATEGORY B


            Insurance Type                         Limits of Coverage


            Commercial General Liability (commercial   $1,000,000 per occurrence;
            umbrella policy may satisfy minimum
            required insurance limits)             $2,000,000 in the aggregate


                                                   $1,000,000 per occurrence;
            Product Liability/Completed Operations  $2,000,000 in the aggregate Combined
                                                   Single Limit for Bodily Injury and Property
                                                   Damage


            Umbrella/Excess Liability              $5,000,000 in the aggregate


                   Category A:  The Category A insurance requirements apply to the following Product types:
                       o   Proteins:  Includes all beef, pork, poultry, seafood, eggs and other meat Products.
                       o   Produce:  Includes all fruit and vegetable Products.
                       o   Dairy:  Includes all milk and cheese Products and all Products primarily derived from milk and cheese
                           Products.

                   Category B:  The Category B insurance requirements apply to all Products other than Category A Products.


             Item 17 -  Administration Fees.
            At the request, and on behalf, of the Co-op, Supplier shall collect a fee ("Administration Fees") from Selected Buyers or other
            purchasers specified by the Co-op.  Administration Fees shall be based on such percent of sales or purchases or amounts
            per case or other units as the Co-op may from time to time designate based on the sale to Selected Buyers of all or certain
            Products specified by the Co-op, or by such other method as the Co-op may from time to time designate.  Supplier shall
            collect any such Administration Fees without markup pro-rata from Selected Buyers.  Administration Fees will at all times be
            and remain the property of the Co-op.  Supplier shall serve only as a bailee and agent of the Co-op for billing and trustee for
            the Co-op in collecting and holding the Administration Fees for the Co-op's benefit, and remitting the collected Administration
            Fees to the Co-op.  Administration Fees billed but uncollected from Selected Buyers and all Administration Fees collected
            from Selected Buyers shall be held in trust for the benefit of the Co-op; provided, however, Supplier shall have no liability to
            the Co-op for uncollected Administration Fees unless Supplier has failed to exercise its good faith efforts to collect such
            Administration fees by including such Administration Fees on its invoices to Selected Buyers.  All collections and other
            proceeds of Administration Fees shall be segregated from all Supplier funds (and if requested by the Co-op deposited in a
            separate bank account pending remittance to the Co-op).  Supplier shall provide the Co-op with such Selected Buyer account
            information which the Co-op may request from Supplier reflecting the business between Selected Buyers and Supplier, in
            order to permit the Co-op to verify and/or calculate the aggregate Administration Fees due from Selected Buyers for each
            weekly or other accounting periods specified by the Co-op.  Supplier shall remit all Administration Fees collected by wire
   489   490   491   492   493   494   495   496   497   498   499