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Climate Contract Playbook Edition 3

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1.4 The Service Provider shall reduce the volume of Single Use Plastics used: (i)

in the Services in each Measurement Period by [♦]% of the [Commencement Volume/previous Measurement Period’s volume]; and

(ii) in relation to the [number of meals/amount of food] provided under the Services (expressed as [[kilogrammes/tonnes/other measurement] of Single Use Plastics per [100 meals]] or [[kilogrammes/tonnes] of Single Use Plastics per [kilogrammes/tonnes/other measurement] of food] so that reductions are shown to relate to measures taken by the Service Provider rather than any reduction in the [amount of food/number of meals] provided under the Services) (together the Reduction Target). 1.5 If the Service Provider fails to reduce the volume of Single Use Plastics over the Measurement period by the Reduction Target then: (a) this shall be deemed a Service Failure; and (b) a Service Payment Deduction shall be made by the Employer. 1.6 The percentage amount of the Service Payment Deduction made by the Employer pursuant to clause 1.5 shall be calculated as follows (all calculations shall be made for a Measurement Period): Service Payment Deduction = (Maximum At Risk Amount * 0.1) * Multiplier where: the MaximumAt Risk Amount is as defined at 1.7 below, and the Multiplier shall be determined by reference to the table below, depending on the difference between the volume reduction achieved and the Reduction Target: Band The difference between volume reduction achieved and Reduction Target Multiplier A Less than or equal to [0.2]% 1 B Less than or equal to [0.4]% but more than [0.2]% 2 C Less than or equal to [0.6]% but more than [0.4]% 4 D Less than or equal to [0.8]% but more than [0.6]% 8 E More than [0.8]% 10 1.7 The MaximumAt Risk Amount shall be the maximum aggregate Service Payment Deduction in respect of a failure to meet the Reduction Target in the Measurement Period. 1.8 At the date that is [six (6) calendar months] after the Commencement Date (the First Review) (and [annually] thereafter) the Service Provider shall arrange a service review meeting (the Service Review Meeting). The Service Provider and the Employer shall in each Service Review Meeting review: (a) the Reduction Target; and (b) the additional costs incurred by the Service Provider in achieving or exceeding the Reduction Target, and make adjustments to the Reduction Target and / or the Service Payments made under this Agreement as appropriate.

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