Common use of Additional Pricing Clause in Contracts

Additional Pricing. Hourly Rates for Services not specified or normally provided by Service Provider in the twelve (12) month period prior to the Distribute Date but otherwise provided by Service Provider employees (including but not limited to modification, consulting, exit strategy development, transition, etc.) are documented below. The employee category is defined by Service Provider. The rates documented below apply to Service Provider employees only, should external resources be required, the costs for those external resources will be reviewed with the Service Recipient prior to execution of the project. Notwithstanding anything in the Agreement to the contrary, the following rates shall not be subject to (a) the 4.5% increase for inflation in 2012 described in Section 2(a)(3) (but such rates shall be subject to such increase in 2013) or (b) the 2% or 10% increases described in the proviso to Section 2(a)(i) of the Agreement. General Category of Employee Hourly Rate 1. Secretarial/Administrative $ 50.00 2. Non-Executive $ 100.00 3. Executive $ 150.00 Capitalized terms used herein and not otherwise defined shall have the meaning assign such term in the Agreement. The Services provided hereunder are subject in all respects to the terms and conditions of the Agreement, except where expressly noted.

Appears in 3 contracts

Samples: Master Transition Services Agreement (ITT Corp), Master Transition Services Agreement (Exelis Inc.), Master Transition Services Agreement (Xylem Inc.)

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