Crew Costs definition
Crew Costs means all costs and expenses incurred or paid by the Service Provider Group in employing or engaging such Crew, including salary, bonuses, monetary value of equity compensation, payroll taxes, employee related insurance and employee benefits and applicable training costs.
Examples of Crew Costs in a sentence
For each individual Crew member, the Budgeted Crew Costs include base compensation, benefits and taxes, holiday compensation, if applicable, and an expatriate allowance, if applicable (collectively for each individual Crew member "Total Compensation").
The excess percentage of ***** percent (*****%) shall be exclusive of the currency exchange rate effect for Crew Costs.