Direct Labor Rate. For purposes of calculating the Multiplier Compensation, the direct labor rate shall be the sum of the number of hours worked by each of Consultant’s employees pursuant to an Approved Service Order multiplied by the respective hourly rates paid by Consultant to such employees (“Direct Labor Rate”). The Direct Labor Rate shall be based on a normal 8-hour day, 40-hour week (e.g., no overtime, holidays or weekend rates) and shall exclude any other form of compensation (e.g., no bonuses, stock options, profit-sharing or equity arrangements). The Direct Labor Rate shall not include any labor other than Consultant’s employees, including, without limitation, Consultant’s Contract Personnel.
Appears in 12 contracts
Samples: Master Agreement, Master Agreement, Master Agreement
