Common use of Provided Personnel Expenses Clause in Contracts

Provided Personnel Expenses. Subject to Section 3.3 and Section 3.4, the Services Reimbursement for each month during the Period of Secondment shall include all reasonable costs and expenses incurred for such month by Admin for the Provided Personnel (collectively, the “Provided Personnel Expenses”), including, but not limited to, the following: (a) salaries, wages, bonuses or commissions (including payroll and withholding taxes associated therewith) of Provided Personnel; (b) the cost of providing the Benefit Plans to Provided Personnel; (c) the cost of providing workers’ compensation coverage and/or benefits to Provided Personnel; and (d) reimbursable business expenses of Provided Personnel. Where it is not reasonably practicable to determine the amount of any Provided Personnel Expenses, Admin and the General Partner shall mutually agree on the method of determining or estimating such amount, which may include the application of an agreed percentage benefit load to a Provided Personnel’s salary and wages in order to value certain of the benefits listed above. If the actual amount of any cost or expense, once known, varies from the estimate used for billing purposes hereunder, the difference, once determined, shall be reflected as either a credit or additional charge in the next monthly invoice issued by Admin, or in such manner as may otherwise be agreed between Admin and the General Partner.