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Membership Membership Districts Uniform Marketing & Delivery Agreement Corn Procurement Policy Pool System for Corn Delivery Freight Incentive Commercial Level Investment Distillers Discount Bylaws & Articles of Incorporation Membership Agreement/Application |
commercial level investmentCommercial Investment Level. If Member purchased 50,000 shares or more of Common Stock in GLCP’s initial Offering of Common Stock, GLCP will pay Member within 30 days following the close of each fiscal year a $0.03/per committed bushel volume incentive on such original shares (excluding any shares received therefore in any stock split or combination following the issue date of the original shares), whether delivered by or on behalf of such Member, with a floor for purposes of the volume incentive payment hereunder of 50,000 bushels. Commercial level members who choose to sell their shares must sell them in their respective block otherwise if the shares are split apart the commercial level incentive is lost and can never be regained.
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