EIC Premium Sample Clauses
The EIC Premium clause establishes an additional payment or fee that is payable to the Engineer-in-Charge (EIC) for their services or responsibilities under a contract. Typically, this premium is calculated as a percentage of the contract value or as a fixed sum, and it compensates the EIC for overseeing project execution, ensuring compliance with specifications, and managing site activities. By specifying the EIC Premium, the clause ensures that the EIC is adequately remunerated for their supervisory role, thereby incentivizing diligent project management and clarifying the cost structure for both parties.
EIC Premium. The parties agree that the complete premium reduction from the Employment Insurance Commission accruing through the improved Illness and Injury Plan will be returned to the Company.
EIC Premium. The parties agree that the complete premium reduction from Human Resources Development Canada Insurance Commission accruing through the improved illness and injury plan will be returned to the Authority.
EIC Premium. The parties agree that the complete premium reduction from Human Resources Development Canada Insurance Commission accruing through the improved illness and injury plan will be returned to TSSI.
EIC Premium. The parties agree that the complete premium reduction from Human Resources Development Canada Insurance Commission accruing through the improved illness and injury plan will be returned to the LTSA.