MD-187 · MERRY HILL CENTRE
OFFICIAL DOCUMENTS
READY TO SEND
Engagement Documents
Two documents. Send them together. One covers price. One covers physical loop.
Send Document 1 first. Add Document 2 as the physical loop upgrade when they're ready.
1PURPOSE & SCOPE
This Agreement establishes a fixed-price mechanism for plastic compliance assets. It eliminates market volatility (historical peaks of £440/tonne) by providing a stable digital alternative anchored at £450.00 per tonne.
2THE STABILITY ASSET (DIGITAL BYPRODUCT)
| Element | Specification |
|---|
| Minting Protocol | Assets minted only upon completion of 18-checkpoint verification |
| Audit-Proof Ledger | SHA-256 hash. Immutable record on Truth Ledger |
| Mass Balance | Fully mass-balance verified. Meets HMRC and Environment Agency standards |
| Compliance | PPT (Plastic Packaging Tax) and EPR (Extended Producer Responsibility) ready |
3PRICING & THE CIRCULARITY DIVIDEND
| Element | Specification |
|---|
| Fixed Unit Price | £450.00 per tonne. Fixed. Non-negotiable. |
| Model | Zero rebate. Traditional volatile rebates replaced by Partnership Circularity Dividend |
| Tax Shield | Provides evidence for PPT exemption (≥30% recycled content) and EPR fee modulation |
4VERIFICATION & COMPLIANCE
| Element | Specification |
|---|
| Automated Audit | Real-time access to Truth Ledger for compliance audits |
| HMRC/EA Readiness | Exports in GDS-compliant CSV/JSON formats for quarterly reporting |
5TRANSFERABILITY
Digital assets are tradeable within the Provider's ecosystem. Aggregated collections (e.g., Merry Hill Shopping Centre) can be applied to Partner's national footprint.
6GOVERNING LAW
This Agreement is governed by the laws of England and Wales.
Signed for and on behalf of Midland Polymer Trading Ltd
Signature
Jermaine Murphy
Operations Manager
Midland Polymer Trading Ltd · Co. 16977671
+44 7346 809508
Date
Signed for and on behalf of [Partner Name]
Signature
Name
Position
Date
1COLLECTION SERVICE
The Provider offers a dedicated collection service for post-industrial / post-consumer plastic waste from the Partner's designated sites.
2MATERIAL BUY-BACK (THE CLOSED LOOP)
The Partner has First Right of Refusal to receive back the processed byproduct (Pellets, Flake, or Regrind).
3MATERIAL SPECIFICATION
| Element | Specification |
|---|
| Quality | Guaranteed to match Partner's manufacturing requirements (e.g., Injection Moulding Grade) |
| Verification | Accompanied by 18-checkpoint verification certificate |
| Traceability | SHA-256 hashed on Truth Ledger |
4NET COST REDUCTION
By receiving back their own processed material, the Partner further reduces PPT liability. Recycled content is pre-verified on the Truth Ledger.
5OPTIONAL NATURE
This Amendment is optional. The Partner may elect to participate or decline without affecting the core Price Stability Agreement.
Signed for and on behalf of Midland Polymer Trading Ltd
Signature
Jermaine Murphy
Operations Manager
Midland Polymer Trading Ltd · Co. 16977671
+44 7346 809508
Date
Signed for and on behalf of [Partner Name]
Signature
Name
Position
Date