2.proceed of sales. Ms.Boodz will pay to FW INTER TRADING COMPANY LIMITED a portion of the sales proceeds which shall be calculated as follows: The Consignee shall pay FW INTER TRADING COMPANY LIMITED $5.00 for every Coconut sold. The determined in the previous sentence shall be paid to FW INTER TRADING COMPANY LIMITED in semi-monthly installment on or before the first day following the installment period in which the proceeds were obtained. With each net proceeds payment, Ms.Boodz will submit to FW INTER TRADING COMPANY LIMITED a written report that sets forth the calculation of the net proceeds payment and the extent of current inventory.