OWNER TO REIMBURSE EMPLOYEE EXPENSES. All wages, fringe benefits, and all other forms of compensation payable to, or for the benefit of, employees of the Project (but not to property managers not employed directly by the Project) and all local, state and federal taxes and assessments (including, but not limited to, payments to and administration of fringe benefits, Worker's Compensation, Social Security taxes and Unemployment Insurance) incident to the employment of all such personnel, shall be treated as an operating expense of the Project and shall be paid by Pinnacle from Owner's funds, from the Project operating account subject to the Plan. Such payments shall also include all awards of back pay and overtime
Appears in 2 contracts
Sources: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)