Laserfiche WebLink
Operator's needs to process its EPS packing material . This equipment shall carry a <br /> Serial Number, to be assigned . In addition hereto, RecycleTech shall deliver, install and <br /> setup the equipment at Operator's premises and shall train Operators personnel in the <br /> adequate operation of the equipment at the Operators expense . <br /> 3 . Delivery, Equipment and Services Price . RecycleTech shall deliver the unit on <br /> or before October 31 $', 2008 (or upon a mutually agreed upon date) . Operator shall issue <br /> a Purchase Order to RecycleTech in the total sum of $ 1 ,000 .00 for the delivery and <br /> installation , which are not covered by the grant, prior to the delivery/installation . FOB <br /> Lakeland , Florida . (This contract excludes sales or use tax . It is the responsibility of the <br /> purchaser to pay sales or use tax where applicable . ) <br /> 4. Exclusivity. Throughout the term of this Agreement, Operator shall sell to <br /> RecycleTech and RecycleTech shall purchase from Operator all of Operator's production <br /> of Extruded EPS Material produced by Operator. <br /> 5. Extruded EPS Material Price and Other Obligations . RecycleTech shall pay <br /> Operator $0 . 5 to . 12 cents per pound for all Extruded EPS Material . Price depends upon <br /> the cleanliness of the material . At the end of the term , RecycleTech will have the right of <br /> first refusal for the purchase of the processed material for three years after the term of <br /> the agreement. The following services are included by the Operator in exchange for the <br /> agreed upon price per pound paid by RecycleTech : <br /> a . Processing <br /> b . Storage of Extruded EPS Material at Operator's premises and marking each <br /> bag with a numerical sequential identifier such as IRC No . 001 , etc. <br /> c. Loading onto RecycleTech 's supplied outgoing trucks at Operator's premises <br /> d . Weighing <br /> It is the responsibility of the operator to accurately weigh the total recycled EPS <br /> that is loaded onto RecycleTech 's supplied outgoing trucks and providing a bill <br /> of lading . <br /> Bags in containers for shipment of EPS. <br /> All EPS should be placed in bags or containers that hold 1100 — 1600lbs . The <br /> availability of bags varies, but a used bag , subject to availability, cost approximately <br /> $4 .00 used plus freight. <br /> The foregoing $0 . 5 to . 12 cents per pound of Extruded EPS Material price is <br /> predicated on Operator producing clean EPS Material ; however, if the EPS Material <br /> produced by Operator is contaminated with debris ( i . e , cardboard , poly-ethylene , metals , <br /> general garbage, etc. ) , the price per pound shall be adjusted according to the quality of <br /> the EPS Material produced . RecycleTech 's obligation to purchase the output EPS <br /> production shall not be affected by the quality of the EPS Material ; only the price shall be <br /> affected . RecycleTech's obligation pursuant to the foregoing shall be limited to picking up <br /> full truck loads only. Less than full truckloads of containers may be delivered directly to <br /> RecycleTech by the Operator. <br /> Payment due to Operator pursuant to this paragraph shall be made on a net 30 <br /> days basis from date of shipment . Any payments received by Operator after 30 days <br /> from date of shipment, shall bear interest at the highest lawful rate . All payments due to <br /> Operator shall be computed on the actual truck weight less tare and packaging . All <br /> Extruded EPS Material shall be FOB Operator's premises/ warehouse . <br /> Although this Agreement requires Operator to sell to RecycleTech all of its <br /> Extruded EPS Material production , there shall be no obligation upon Operator to produce <br /> any minimum quantity of Extruded EPS Material . <br />