Allocated Personnel Expenses Sample Clauses

Allocated Personnel Expenses. (a) The Corporation will pay the Provider for the Services based on an allocated portion of the personnel costs and related expenses that are incurred by the Provider in connection with rendering the Services under this Agreement (collectively, the "Allocated Employee Expenses"). The Allocated Employee Expenses for 2009 will be as set forth in Schedule 2.1 attached hereto, with such adjustments as are necessary to reflect actual employee usage which shall not result in the aggregate services allocation and rent charge expenses exceeding $3 million. The Corporation, the Provider and DIRECTV (for so long as the Merger Agreement is in effect) shall agree on the costs for any periods after 2009; provided, however, if no agreement has been reached with respect to the Allocated Employee Expenses for 2010 by December 1, 2009, then the Allocated Employee Expenses for 2010 will be as set forth in Schedule 2.1, with such adjustments as are necessary to reflect actual employee usage which shall not result in the aggregate services allocation and rent charge expenses exceeding $3 million.
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Allocated Personnel Expenses. (a) The Company will pay Provider for the Services based on an allocated portion of the personnel costs and related expenses that are incurred by Provider in connection with the Services performed by it under this Agreement (collectively, the “ALLOCATED EMPLOYEE EXPENSES”). The Allocated Employee Expenses will be set forth in, or determined from time to time in the manner set forth in, Schedule 2.1 attached hereto, as such Schedule 2.1 may be periodically amended and revised by the parties.
Sample 1
Allocated Personnel Expenses. (a) The Company will pay Provider for the Services based on an allocated portion of the personnel costs and expenses that are incurred by Provider in connection with the Services performed by it under this Agreement (collectively, the "Allocated Employee Expenses"). The Allocated Employee Expenses will be an amount equal to 115% of the annual base salary or wages of all employees of Provider assigned to the Service Departments multiplied by a percentage representing the anticipated percentage of time to be spent by personnel in each Service Department in connection with providing the Services to the Company during each calendar year; provided, however, that, for purposes of determining the Allocated Employee Expenses for the legal department, only the base salary or wages of the Senior Vice President—Public Affiliates, the Associate General Counsel, and their administrative assistant will be included and, for purposes of determining the Allocated Employee Expenses for the tax department, only the base salary or wages of the head of the tax department will be included. The initial estimated annual Allocated Employee Expenses are set forth in Schedule 2.1.
Sample 1
Allocated Personnel Expenses. (a) The Corporation will pay the Provider for the Services based on an allocated portion of the personnel costs and related expenses that are incurred by the Provider in connection with rendering the Services under this Agreement (collectively, the "Allocated Employee Expenses"). The Allocated Employee Expenses will be set forth in, or determined from time to time in the manner set forth in, Schedule 2.1 attached hereto, as such Schedule 2.1 may be periodically amended and revised by the parties.
Sample 1

Related to Allocated Personnel Expenses

  • Reimbursable Costs Operator shall reimburse Contractor for the costs of material, equipment, work or services which are to be furnished by Operator as provided for herein but which for convenience are actually furnished by Contractor at Operator’s request, plus 5 percent for such cost of handling. When, at Operator’s request and with Contractor’s agreement, the Contractor furnishes or subcontracts for certain items or services which Operator is required herein to provide, for purposes of the indemnity and release provisions of this Contract, said items or services shall be deemed to be Operator furnished items or services. Any subcontractors so hired shall be deemed to be Operator’s contractor, and Operator shall not be relieved of any of its liabilities in connection therewith.

  • Travel Expenses All travel and other expenses incident to the rendering of services reasonably incurred on behalf of the Company by the Employee during the term of this Agreement shall be paid by the Employer. If any such expenses are paid in the first instance by the Employee, the Employer shall reimburse him therefor on presentation of appropriate receipts for any such expenses.

  • Professional Expenses Each calendar year during the Employment Term, the Company agrees to reimburse the Executive for up to $10,000 of reasonable professional expenses (i.e., accounting, financial planning, estate planning expenses) incurred by the Executive during such year for personal advice rendered to the Executive.

  • Legal Expenses The Borrower hereby agrees to pay all reasonable fees and expenses of special counsel to the Administrative Agent incurred by the Administrative Agent in connection with the preparation, negotiation and execution of this Amendment and all related documents.

  • Reimbursable Expenses In addition to the compensation paid to the Advisor pursuant to Section 8 hereof, the Company or the Partnership shall pay directly or reimburse the Advisor for all of the expenses paid or incurred by the Advisor (to the extent not reimbursable by another party, such as the dealer manager) in connection with the services it provides to the Company and the Partnership pursuant to this Agreement, including, but not limited to:

  • General Expenses You authorize the Manager to charge your account with your Underwriting Percentage of all expenses of a general nature incurred by the Manager and Co-Managers under the applicable AAU in connection with the Offering, including the negotiation and preparation thereof, or in connection with the purchase, carrying, marketing and sale of any securities under the applicable AAU and any Intersyndicate Agreement, including, without limitation, legal fees and expenses, transfer taxes, costs associated with approval of the Offering by the NASD and the costs of currency transactions (including forward and hedging currency transactions) entered into to facilitate settlement of the purchase of Securities permitted under Section 3.1 hereof.

  • Other Sales-Related Expenses Expenses of distributing the Portfolio's shares and the Contracts will be paid by Contracts Distributor and other parties, as they shall determine by separate agreement.

  • Business and Travel Expenses Upon presentation of reasonable substantiation and documentation as the Company may specify from time to time, the Employee shall be reimbursed in accordance with the Company’s expense reimbursement policy, for all reasonable out-of-pocket business and travel expenses incurred and paid by the Employee during the Employment Term and in connection with the performance of the Employee’s duties hereunder.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Operating Costs Tenant shall pay to Landlord the Tenant’s Percentage of Operating Costs (as hereinafter defined) incurred by Landlord in any calendar year. Tenant shall remit to Landlord, on the first day of each calendar month, estimated payments on account of Operating Costs, such monthly amounts to be sufficient to provide Landlord, by the end of the calendar year, a sum equal to the Operating Costs, as reasonably estimated by Landlord from time to time. The initial monthly estimated payments shall be in an amount equal to 1/12th of the Initial Estimate of Tenant’s Percentage of Operating Costs for the Calendar Year. If, at the expiration of the year in respect of which monthly installments of Operating Costs shall have been made as aforesaid, the total of such monthly remittances is greater than the actual Operating Costs for such year, Landlord shall promptly pay to Tenant, or credit against the next accruing payments to be made by Tenant pursuant to this subsection 4.2.3, the difference; if the total of such remittances is less than the Operating Costs for such year, Tenant shall pay the difference to Landlord within twenty (20) days from the date Landlord shall furnish to Tenant an itemized statement of the Operating Costs, prepared, allocated and computed in accordance with generally accepted accounting principles. Any reimbursement for Operating Costs due and payable by Tenant with respect to periods of less than twelve (12) months shall be equitably prorated.

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