; or (iii) the termination of operations in the geographic region by the packer, swine contractor, or live poultry dealer. (B) The failure to meet the requirements described in paragraph (2). (C) In the case of a poultry production contract that contains a performance-based incentive formula, the failure to meet the requirements described in paragraph (3). (2) Payment by square footage The requirements described in this paragraph are as follows: (A) Subject to subparagraph (B), a live poultry dealer shall structure any poultry production contract in a manner that provides for payment by the square footage of the barn or facility space in which the live birds that are subject to the contract are reared and raised. (B) In lieu of providing for payment by the square footage of the barn or facility space in which the live birds that are subject to the contract are reared and raised, a live poultry dealer may meet the requirement specified in subparagraph (A) if the dealer includes in the poultry production contract an alternative base price provision that was obtained through negotiations with a cooperative association of producers representing the individual independent contract producer. (3) Use of performance-based incentive formula The requirements described in this paragraph are as follows: (A) The poultry production contract shall guarantee a minimum price. (B) The expected performance standard in the poultry production contract shall be based on at least a 6-month rolling performance average of all producers in the complex of the independent contract producer. (C) The performance-based incentive formula shall not assess a premium or penalty percentage that exceeds the percentage difference between the performance of the independent contract producer and the expected performance average. (D) The expected performance standard in the poultry production contract shall be mathematically adjusted to account for expected performance with respect to expected mortality, weight, or feed conversion efficiency, with