Performance Clauses and Bonuses

If the toller improves the yield, or produces more product than expected from the quantity of raw materials used, it may be appropriate to share in the cost savings on some basis. Performance clauses and bonuses for production can be part of the formal agreement negotiated between the parties. 

Insurance requirements are stipulated in contracts between tollers and client companies. Often, the toller is required to show proof that it obtains and maintains specified insurance coverage. Minimum amounts may be set for  

The toller may be required to furnish certificates of insurance or copies of policies showing specific coverages and provide the client with at least thirty days notice of cancellation or modifications. As appropriate, the client should be named as an additional insured party on insurance certificates. 

---