Common use of Employee Costs Clause in Contracts

Employee Costs. for each employee of ALCS performing the Transition Services, the salaries, fringe benefits, executive compensation benefits (if applicable) and depreciation/amortization of office equipment and software (if applicable) attributable to the employee, based on the ratio of ALCS’s estimate of the time spent by the employee on behalf of PMI divided by the total time spent by the employee.

Appears in 2 contracts

Samples: Transition Services Agreement (Philip Morris International Inc.), Transition Services Agreement (Philip Morris International Inc.)

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Employee Costs. for each employee of ALCS performing the Transition Services, the salaries, fringe benefits, executive compensation benefits (if applicable) and depreciation/amortization of office equipment and software (if applicable) attributable to the employee, based on the ratio of ALCS’s estimate of the time spent by the employee on behalf of PMI Kraft divided by the total time spent by the employee.

Appears in 2 contracts

Samples: Transition Services Agreement (Kraft Foods Inc), Transition Services Agreement (Altria Group, Inc.)

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