Common use of Cost Allocation Clause in Contracts

Cost Allocation. (a) As the Host Company will be the sole beneficiary of the services rendered by the Secondee, the Host Company shall bear the Totally Costs incurred by the Secondment at the Host Company and the Home Company according to the Worldwide Secondment Agreement. (b) The Totally costs shall include, but are not limited to: (1) remuneration of the Secondee (including, but not limited to: salary, and retirement benefit programs); (2) social security tax contributions; (3) costs related to a house hunting trip; (4) costs related to obtaining Visas and work permits; (5) costs related to assistance in tax planning and tax preparation in cooperation with selected Tax services provider; (6) costs related to health coverage and emergency medical evacuation coverage; (7) transportation differential payment; (8) costs related to temporary living due to relocation; and (9) costs related to host country housing.