Common use of USD Clause in Contracts

USD. In the event the exchange rate between the US dollar and Great British pound shall very by more than 10% for more than one half of any single month period then the above calculation shall be preformed using an exchange rate calculated as the average rate for the month in question, as published on ▇▇.▇▇▇.

Appears in 2 contracts

Sources: Employment Agreement (Index Oil & Gas Inc.), Employment Agreement (Index Oil & Gas Inc.)

USD. In the event the exchange rate between the US dollar and Great British pound shall very by more than 10% for more than one half of any single month period then the above calculation shall be preformed using an exchange rate calculated as the average rate for the month in question, as published on F▇.▇▇▇.

Appears in 1 contract

Sources: Employment Agreement (Index Oil & Gas Inc.)