Per Employee Fee. No later than the fifth business day of each month following the date on which Holdco and the Company entered into the agreement with GMP or its affiliated designee for healthcare-related services, Holdco and the Company will, jointly and severally, pay to BMP or its affiliated designee, as the Per Employee Fee in respect of that immediately preceding month, an aggregate amount equal to the Per Employee Fee multiplied by the highest number of employees of Holdco and its subsidiaries that receive medical benefits from Holdco or the Company or any of their other subsidiaries during such immediately preceding month. The Per Employee Fee is the current fee generally charged in this regard with respect to Blackstone’s portfolio companies generally.
Per Employee Fee. No later than the fifth business day of each month, the Company (or its affiliated designee) will, jointly and severally, pay to BMP (or an affiliated designee), as the Per Employee Fee in respect of that immediately preceding month, an aggregate amount equal to the Per Employee Fee times the highest number of employees of the Company and its subsidiaries that receive medical benefits from the Company or any of its subsidiaries during such immediately preceding month. The Per Employee Fee is the current fee generally charged in this regard with respect to Blackstone’s portfolio companies generally.
Per Employee Fee. No later than the fifth business day of each month following the Closing Date, Parent and the Company will, jointly and severally, pay to BBH or its affiliated designee, as the Per Employee Fee in respect of that immediately preceding month, an aggregate amount equal to the Per Employee Fee times the highest number of employees of Parent and its subsidiaries that receive medical benefits from Parent or the Company or any of their other subsidiaries during such immediately preceding month. The Per Employee Fee is the current fee generally charged in this regard with respect to Blackstone’s portfolio companies generally.
