Common use of Salary Participation Clause in Contracts

Salary Participation. a) Commencing on the Effective Date of the Agreement, IBM shall compensate MSL for the salaries of Transferred Employees, as defined in Attachment 2 of the Base Agreement, that are actually retained by the US Work Center and supporting this Agreement. IBM's payment to MSL shall be determined by the following formula: {Salary Payment = A x B), where the following values are assigned to such formula:

Appears in 3 contracts

Samples: Outsourcing Agreement (Manufacturers Services LTD), Outsourcing Agreement (Manufacturers Services LTD), Outsourcing Agreement (Manufacturers Services LTD)

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Salary Participation. a) Commencing on the Effective Date of the Agreement, IBM shall compensate MSL for the salaries of Transferred Employees, as defined in Attachment 2 of the Base Agreement, that are actually retained by the US Work Center and supporting this Agreement. IBM's payment to MSL shall be determined by the following formula: {Salary Payment = A x B)}, where the following values are assigned to such formula:

Appears in 1 contract

Samples: Outsourcing Agreement (Manufacturers Services LTD)

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