Labour and Associated Costs. (i) Gross salaries and wages including bonuses of the Contractor’s employees directly and necessarily engaged in the Petroleum Operations, irrespective of the location of such employees, it being understood that in case of those personnel only a portion of whose time is wholly dedicated to Petroleum Operations, only that pro- rata portion of applicable wages and salaries will be charged.
Appears in 2 contracts
Samples: Sharing Agreement, Sharing Agreement
Labour and Associated Costs. (i) Gross salaries and wages including bonuses of the Contractor’s employees directly and necessarily engaged in the Petroleum Operations, irrespective of the location of such employees, it being understood that in case of those personnel only a portion of whose time is wholly dedicated to Petroleum Operations, only that pro- pro-rata portion of applicable wages and salaries will be charged. For purposes of cost recovery, gross salaries and wages for the Contractor’s employees shall not exceed US$15,000.00.
Appears in 1 contract
Samples: Production Sharing Agreement
Labour and Associated Costs. (i) Gross salaries and wages including bonuses of the ContractorCompany’s employees directly and necessarily engaged in the Petroleum Operations, irrespective of the location of such employees, it being understood that in case of those personnel only a portion of whose time is wholly dedicated to Petroleum Operations, only that pro- pro-rata portion of applicable wages and salaries will be charged.
Appears in 1 contract
Samples: Sharing Agreement