Common use of Cafeteria Services Clause in Contracts

Cafeteria Services. Mail / Copy Center ------------------------------------------------------------------------------------------------------------------------------------ Annex A ------- Human Resources: Insurance Coverage and Participation in HR Plans and Programs --------------- ------------------------------------------------------------- The charges for insurance coverage and participation by the Company employees in product, worker safety and environmental programs and in benefit plans maintained by CSI shall be calculated on a quarterly basis as follows: The charges for any insurance coverage, or participation in benefit plans and programs shall be equal to (i) the costs incurred by CSI for such coverage, plans and programs (excluding costs related to benefits administration), multiplied by (ii) a fraction that is equal to (A) the salaries, in the ------------- aggregate, of all participating employees of the Company divided by (B) the ---------- salaries, in the aggregate, of all participating employees of CSI and its affiliates (including the Company), each as of the beginning of the relevant quarterly period, provided, however, that CSI shall have the right to allocate -------- ------- certain costs directly to individual employees of the Company where CSI, in its sole discretion, deems it appropriate. Real Estate and Facilities Services: Occupancy Costs ---------------------------------------------------- The charges relating to facilities that are either owned or leased by CSI and occupied in whole or in part by the Company shall be calculated on a quarterly basis as follows: For any facility owned by CSI, the charges shall be equal to (i) any costs associated with such facility, determined in accordance with GAAP, including without limitation building financing payments, depreciation charges, and utility charges, but excluding costs relating to "building services," as set forth separately in Schedule I to the Services Agreement, multiplied by (ii) the ---------- ------------- percentage of such facility that is occupied by the Company, as reasonably determined by CSI in its sole discretion. For any facility rented by CSI, the charges shall be equal to (i) (A) the rent paid by CSI for such facility plus (B) the cost of utilities for such facility ---- multiplied by (ii) the percentage of such facility that is occupied by the ------------- Company, as reasonably determined by CSI in its sole discretion.

Appears in 4 contracts

Samples: Services Agreement (Cabletron Systems Inc), Services Agreement (Cabletron Systems Inc), Services Agreement (Aprisma Management Technologies Inc)

AutoNDA by SimpleDocs

Cafeteria Services. Mail / Copy Center ------------------------------------------------------------------------------------------------------------------------------------ -------------------------------------------------------------------------------- Annex A ------- Human Resources: Insurance Coverage and Participation in HR Plans and Programs --------------- ------------------------------------------------------------- The charges for insurance coverage and participation by the Company employees in product, worker safety and environmental programs and in benefit plans maintained by CSI shall be calculated on a quarterly basis as follows: The charges for any insurance coverage, or participation in benefit plans and programs shall be equal to (i) the costs incurred by CSI for such coverage, plans and programs (excluding costs related to benefits administration), multiplied by (ii) a fraction that is equal to (A) the salaries, in the ------------- aggregate, of all participating employees of the Company divided by (B) the ---------- salaries, in the aggregate, of all participating employees of CSI and its affiliates (including the Company), each as of the beginning of the relevant quarterly period, provided, however, that CSI shall have the right to allocate -------- ------- certain costs directly to individual employees of the Company where CSI, in its sole discretion, deems it appropriate. Real Estate and Facilities Services: Occupancy Costs ---------------------------------------------------- The charges relating to facilities that are either owned or leased by CSI and occupied in whole or in part by the Company shall be calculated on a quarterly basis as follows: For any facility owned by CSI, the charges shall be equal to (i) any costs associated with such facility, determined in accordance with GAAP, including without limitation building financing payments, depreciation charges, and utility charges, but excluding costs relating to "building services," as set forth separately in Schedule I to the Services Agreement, multiplied by (ii) the ---------- ------------- percentage of such facility that is occupied by the Company, as reasonably determined by CSI in its sole discretion. For any facility rented by CSI, the charges shall be equal to (i) (A) the rent paid by CSI for such facility plus (B) the cost of utilities for such facility ---- multiplied by (ii) the percentage of such facility that is occupied by the ------------- Company, as reasonably determined by CSI in its sole discretion.

Appears in 1 contract

Samples: Services Agreement (Cabletron Systems Inc)

AutoNDA by SimpleDocs

Cafeteria Services. Mail / Copy Center ------------------------------------------------------------------------------------------------------------------------------------ ----------------------------------------------------------------------------------------------------------------------------------- Annex A ------- Human Resources: Insurance Coverage and Participation in HR Plans and Programs --------------- ------------------------------------------------------------- The charges for insurance coverage and participation by the Company employees in product, worker safety and environmental programs and in benefit plans maintained by CSI shall be calculated on a quarterly basis as follows: The charges for any insurance coverage, or participation in benefit plans and programs shall be equal to (i) the costs incurred by CSI for such coverage, plans and programs (excluding costs related to benefits administration), multiplied by (ii) a fraction that is equal to (A) the salaries, in the ------------- aggregate, of all participating employees of the Company divided by (B) the ---------- salaries, in the aggregate, of all participating employees of CSI and its affiliates (including the Company), each as of the beginning of the relevant quarterly period, provided, however, that CSI shall have the right to allocate -------- ------- certain costs directly to individual employees of the Company where CSI, in its sole discretion, deems it appropriate. Real Estate and Facilities Services: Occupancy Costs ---------------------------------------------------- The charges relating to facilities that are either owned or leased by CSI and occupied in whole or in part by the Company shall be calculated on a quarterly basis as follows: For any facility owned by CSI, the charges shall be equal to (i) any costs associated with such facility, determined in accordance with GAAP, including without limitation building financing payments, depreciation charges, and utility charges, but excluding costs relating to "building services," as set forth separately in Schedule I to the Services Agreement, multiplied by (ii) the ---------- ------------- percentage of such facility that is occupied by the Company, as reasonably determined by CSI in its sole discretion. For any facility rented by CSI, the charges shall be equal to (i) (A) the rent paid by CSI for such facility plus (B) the cost of utilities for such facility ---- multiplied by (ii) the percentage of such facility that is occupied by the ------------- Company, as reasonably determined by CSI in its sole discretion.

Appears in 1 contract

Samples: Services Agreement (Cabletron Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!