Common use of TRAINING OF PERSONNEL Clause in Contracts

TRAINING OF PERSONNEL. 19.1 The CONTRACTOR shall make available to the STATE, a budget by Calendar Year that shall be dedicated to professional training of Cameroonian nationals in the petroleum sector of any skill levels who are not part of the CONTRACTOR's personnel. The amount of such budget shall be equal to ------------ U.S. Dollars (US$--------) for each Calendar Year during the Exploration Phase and ---------- U.S. Dollars (US$--------) for each Calendar Year during the Development and Exploitation Phase. Such budget shall be utilised in compliance with the professional training programmes contained in the Work Programmes and Budgets mentioned in Article 10.4 of this Contract.

TRAINING OF PERSONNEL. 19.1 The CONTRACTOR shall make available to the STATE, STATE a budget by Calendar Year that shall be dedicated to professional training of Cameroonian nationals in the petroleum sector of any skill levels who are not part of the CONTRACTOR's ’s personnel. The amount of such budget shall be equal to ------------ fifty thousand U.S. Dollars (US$--------50,000) for each Calendar Year during the Exploration Phase and ---------- one hundred thousand U.S. Dollars (US$--------100,000) for each Calendar Year during the Development and Exploitation Phase. Such budget shall be utilised in compliance with the professional training programmes contained in the Work Programmes and Budgets mentioned in Article 10.4 of this Contract.

TRAINING OF PERSONNEL. 19.1 The CONTRACTOR shall make available to the STATE, STATE a budget by Calendar Year that shall be dedicated to professional training of Cameroonian nationals in the petroleum sector of any skill levels who are not part of the CONTRACTOR's personnel. The amount of such budget shall be equal to ------------ U.S. Dollars (US$--------) for each Calendar Year during the Exploration Phase and ---------- U.S. Dollars (US$--------) for each Calendar Year during the Development and Exploitation Phase. Such budget shall be utilised in compliance with the professional training programmes contained in the Work Programmes and Budgets mentioned in Article 10.4 of this Contract.