Direct Labor and Benefits definition

Direct Labor and Benefits shall include that portion of basic wages, labor and related payroll taxes and employee benefits spent in actual production of the particular Product which can be identified with or charged to the Product.
Direct Labor and Benefits means that portion of basic wages, labor and related payroll taxes and employee benefits spent in production and quality control of the Product which are directly related to the Product and charged to the manufacturing and supply of the Product, all determined in accordance with International Financial Accounting Standards. “Materials” shall mean all materials and pharmaceutical ingredients, including API, required for the manufacturing, labeling and packaging of the Product. “Overhead” means all customary and usual operating expenses directly related to the Product incurred by and in support of the particular manufacturing cost centers, purchasing department and quality assurance operations, related to the Product (including labor related payroll taxes and employee benefits), depreciation, general taxes, rent, repairs and maintenance, supplies, utilities and factory administrative expense. Overhead shall include a reasonable allocation of idle Production Facility charges, provided the Production Facility shall be presumed to be operating at a level of at least [*****] ([*****]%) capacity (based on one shift).
Direct Labor and Benefits means that portion of wages and related payroll taxes and employment benefits spent in the actual production of the Product or New Collaboration Compound, as the case may be, that can be identified with or charged to the Product or the New Collaboration Compound, as the case may be.

Examples of Direct Labor and Benefits in a sentence

  • In this paper we present an expressive and efficient mechanism to limit the attackers capability to inject fabricated data into an anonymous data collection sys- tem, without compromising the users’ anonymity and privacy.There are some prior assumptions,– We assume that the data sent by users is already anonymous.

  • In connection with such review, the Parties shall consider the Selling Price, IPC or its Affiliate’s fully burdened costs in manufacturing or acquiring the Materials, the manufacturing, testing and analysis of the finished dosage of the Product, labeling, packaging including Direct Labor and Benefits and Overhead all determined in accordance with International Financial Accounting Standards.

  • Line 4: Net Direct Labor and Benefits (Enter in both columns A and B) Line 4 will automatically populate with the sum of Lines 1 and 2 less Line 3.

  • Include the Commodity Distribution 71,685 Assessment FeeCommodity Value $ 71,685 Bonus Commodity Value $ Direct Labor and Benefits $ 571,172 Enter gross amount paid for salaries to food service workers.

  • These estimated direct labor and benefits costs were then reduced by the percentage of time each of the ten individuals devoted to the EA-SEE program and are set out in the following table: YearEstimated Direct Labor and Benefits Costs2016$912,1802017$921,3022018$930,515Total$2,763,997 The total estimated direct labor and benefits costs for the three years is $2,763,997.

  • Cost Estimation of Direct Labor and Benefits Not all cost centers are fully devoted to only one service for which the IRS charges a user fee.

  • Line 1: Direct Labor and Benefits of the LCTS Participants Report on this line the total salary amounts plus payroll related benefits paid to LCTS participants through the public health agency payroll system during the current reporting quarter.

  • Direct Labor and Benefits Costs ÷$6,872,934,473.Corporate Overhead Rate 65.85%.

  • Line 1: Direct Labor and Benefits of the LCTS Participants Report on this line the total salary amounts plus payroll related benefits paid to LCTS participants through the corrections agency payroll system during the current reporting quarter.


More Definitions of Direct Labor and Benefits

Direct Labor and Benefits means, with respect to a Product or Bulk Intermediate, that portion of basic wages, labor and related payroll taxes and employee benefits spent in actual production of the particular Product or Bulk Intermediate which can be identified with or charged to such particular Product or Bulk Intermediate.
Direct Labor and Benefits means that portion of basic salaries, labor and related payroll taxes and employee benefits spent specifically in provision of the Services.

Related to Direct Labor and Benefits

  • Terms and Benefits means the Terms and Conditions together with the Benefit Schedule (including the Schedule of Surgical Procedures) and any related Supplement(s) as certified by the Government under this Certified Plan.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • Employment benefits means all benefits provided or made

  • Essential Health Benefits means, under section 1302(b) of the Patient Protection and Affordable Care Act, those health benefits to include at least the following general categories and the items and services covered within the categories: ambulatory patient services; Emergency Services; hospitalization; maternity and newborn care; mental health and substance abuse disorder services, including behavioral health treatment; prescription drugs; rehabilitative and habilitative services and devices; laboratory services; preventive and wellness services and chronic disease management; and pediatric services, including oral and vision care.

  • Health benefits plan means a benefits plan which pays or

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Fringe benefits means the amount of:

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • the Contributions and Benefits Act means the Social Security Contributions and Benefits Act 1992;

  • Extended benefits means benefits, including benefits payable to federal civilian employees and to ex-servicemen under 5 U.S.C. Chapter 85, payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Basic health benefit plan means any plan offered to an individual, a small group,