Common use of Adjustments for Shared Services Clause in Contracts

Adjustments for Shared Services. With respect to each Shared Seconded Employee, the appropriate Employing Operator will determine in good faith the percentage of such Shared Seconded Employee’s time spent providing services to GP (the “Allocation Percentage”). For each month during the Period of Secondment, the amount of the Services Reimbursement payable by GP with respect to each Shared Seconded Employee shall be calculated by multiplying the Seconded Employee Expenses for such Shared Seconded Employee times the Allocation Percentage for such Shared Seconded Employee; provided, however, that certain Second Employee Expenses shall not be allocated based on the Allocation Percentage but rather shall be allocated as follows:

Appears in 1 contract

Samples: Services and Secondment Agreement

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