Common use of Corporate Staff and Corporate Management Clause in Contracts

Corporate Staff and Corporate Management. The Operator's cost for Corporate Management and Corporate Staff may be charged to the Joint Account with 0.65 % of the annual costs for exploration, operation and development of the Joint operation, with the exception of charges for General Research and Development which may be charged to the Joint Account according to Article 2.2.2. Costs for exploration, operation and development shall have the same meaning as in Article 2.2.2.

Corporate Staff and Corporate Management. The Operator's cost for Corporate Management and Corporate Staff may be charged to the Joint Account with 0.65 % of the annual costs for exploration, operation and development of the Joint operationUnit Operation, with the exception of charges for General Research and Development which may be charged to the Joint Account according to Article 2.2.2. Costs for exploration, operation and development shall have the same meaning as in Article 2.2.2.Development