Employee Overhead definition
Employee Overhead means overhead charges allocable to contractual and statutory benefits and to administration of employees, including without limitation payroll services, which shall be as follows: (a) with respect to employees designated as "Management/Supervisory" (i) by HE, an amount equal to seventy- five (75%) percent of the salary or wages payable with respect thereto, and (ii) by NGS, an amount equal to the actual cost of such overhead as calculated and demonstrated by NGS, estimated at one hundred (100%) percent of the salary or wages payable with respect thereto, and (b) with respect to other union employees, an amount equal to twenty-five ($0.25) cents per employee per hour.
Employee Overhead means (i) with respect to an Employee, forty ----------------- percent (40%) of the sum of such Employee's Actual Salary, Bonus and Employee Benefit Costs, and (ii) with Confidential treatment has been requested for portions of this document, which have been redacted, pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. respect to an Outside Consultant, twenty percent (20%) of the sum of such Outside Consultant Cost, in each case unless such percentage amount is modified pursuant to a written agreement of the Parties such as an overhead sharing agreement except as otherwise set forth in Section 7.5. ------- ---