Common use of Level of Reimbursement Clause in Contracts

Level of Reimbursement. Glasses, dentures, hearing aids, or other prosthesis and watches will be reimbursed as provided for in Section B. All items of personal property listed in Table I which are damaged, lost or stolen will be reimbursed at a formula rate, as provided for in Tables I and III. Such a formula will be based on the age, replacement cost, life expectancy and condition of the article at the time it was lost, damaged or stolen. The formula is derived by using Tables I and III. MEN’S WEAR WOMEN’S WEAR Item Rate (Years) Item Rate (Years) 1. Coats & Jackets - Leather & Suede 3 4 1. Coats & Jackets - Leather & Suede 3 4

Level of Reimbursement. Glasses, dentures, hearing aids, or other prosthesis and watches will be reimbursed as provided for in Section B. All items of personal property listed in Table I which are damaged, lost lost, or stolen will be reimbursed at a formula rate, as provided for in Tables I and III. Such a formula will be based on the age, replacement cost, life expectancy and condition of the article at the time it was lost, damaged or stolen. The formula is derived by using Tables I and III. MEN’S WEAR WOMEN’S WEAR Item Rate (Years) Item Rate (Years) 1. Coats & Jackets - Leather & Suede 3 4 1. Coats & Jackets - Leather & Suede 3 4