Services Reimbursement. Subject to Sections 4.2.2, 4.4 and 4.5, the Services Reimbursement for each month during the Period of Secondment shall include all costs and expenses incurred for such month by Chesapeake Management for the Seconded Employees, including the costs and expenses set forth below.
(a) salary, wages and cash bonuses (including payroll and withholding taxes associated therewith);
(b) 401(k) plan administration costs, any cash expense for matching 401(k) contributions made by Chesapeake Management, any deferred compensation plan administration costs and any cash expense for deferred compensation plan matching contributions made by Chesapeake Management; provided, however, that if matching 401(k) contributions and/or matching deferred compensation contributions are made by means of a contribution of either newly-issued or treasury shares of common stock of Chesapeake, the costs and expenses calculated with respect to each such share contributed shall be equal to the Chesapeake Trading Price on the date of the applicable contribution;
(c) the vesting of any restricted stock, whether granted before or during the Period of Secondment (calculated as set forth below);
(d) amounts paid pursuant to awards made under the Chesapeake Midstream Management Incentive Compensation Plan (“MICP”) to the Seconded Employee during his or her Period of Secondment to the extent such payments are paid in cash by a Chesapeake Entity or, if paid in Units (as defined in the MICP), to the extent of the Chesapeake Entity’s out-of-pocket costs in acquiring such Units (which, for the avoidance of doubt, (i) shall include any awards granted during the Seconded Employee’s Period of Secondment but paid after the termination of such Period of Secondment, and (ii) shall not include the cost of any income tax or other tax liabilities of the Chesapeake Entities with respect to the acquisition or payment of Units) (“MICP Payments”);
(e) cash or premiums paid, or expenses incurred, with respect to vacation, sick leave, short term disability benefits, personal leave and maternity;
(f) medical, dental and prescription drug coverage (“Medical Coverage”);
(g) flexible benefits plan, including medical care and dependent care expense reimbursement programs;
(h) disability insurance;
(i) workers’ compensation benefits;
(j) life insurance and accidental death and dismemberment insurance;
(k) Reimbursable Severance Payments (as defined below), if any;
(l) Termination Costs, to the extent provided in Section 4....
Services Reimbursement. Section 4.1 Operational, Management, Reporting and Routine Maintenance Expenses. On or before the forty-fifth day after the end of each month during the Period of Secondment, Chesapeake Management shall send an itemized invoice (in a form mutually agreed upon by the General Partner and Chesapeake Management) to the General Partner detailing all reimbursable expenses under Section 4.2 incurred by Chesapeake Management with respect to the Seconded Employees in connection with the performance of the General Partner Employee Services during the preceding month (the “Services Reimbursement”). The General Partner shall, within 30 days of receipt, pay such invoice to the extent that the amounts therein are not disputed by the General Partner pursuant to the dispute resolution procedures provided for in the Services Agreement (the “Dispute Mechanism”). With respect to any disputed amounts that are determined to be owing to Chesapeake Management through the Dispute Mechanism, such amounts will be paid within 10 days of such determination or at such earlier or later time as provided in the Dispute Mechanism.
Services Reimbursement. The term “Services Reimbursement” shall mean four million dollars ($4,000,000), pro-rated on a thirty (30) month basis with respect to the period of time elapsed from April 2, 2012 through the date of completion of the A Round Financing. For example, if the A Round Financing is completed on:
Services Reimbursement. Section 4.1 Operational, Management, Reporting and Routine Maintenance Expenses. 10
Section 4.2 Seconded Employees. 11 Section 4.3 Cash Incentive Compensation. 15
Services Reimbursement. Operational, Management, Reporting and Routine Maintenance Expenses 10
Services Reimbursement. Section 4.1 Operational, Management, Reporting and Routine Maintenance Expenses. DCP Partners shall periodically reimburse DCP Midstream upon request (in a form mutually agreed upon by DCP Partners and DCP Midstream) for all reimbursable expenses under Section 4.2 incurred by DCP Midstream with respect to the Seconded Employees in connection with the performance of DCP Partners Employee Services during the preceding period (the “Services Reimbursement”).
Services Reimbursement. The Services Reimbursement for each period during the Period of Secondment shall include all costs and expenses incurred for such period by DCP Midstream for the Seconded Employees, including but not limited to the costs and expenses set forth below.
(a) salary, wages and cash bonuses (including payroll and withholding taxes associated therewith);
(b) 401(k) plan administration costs, any cash expense for matching 401(k) contributions made by DCP Midstream, any deferred compensation plan administration costs and any cash expense for deferred compensation plan matching contributions made by DCP Midstream;
(c) cash or premiums paid, or expenses incurred, with respect to vacation, sick leave, short term disability benefits, personal leave and maternity;
(d) medical, dental and prescription drug coverage (“Medical Coverage”);
(e) flexible benefits plan, including medical care and dependent care expense reimbursement programs;
(f) disability insurance;
(g) workers’ compensation and employer’s liability insurance premiums.;
(h) life insurance and accidental death and dismemberment insurance; The costs and expenses described in (a) through (h) above are referred to as “Seconded Employee Expenses.” Where it is not reasonably practicable to determine the amount of such a cost or expense, DCP Partners and DCP Midstream shall mutually agree on the method of determining or estimating such cost or expense.
Services Reimbursement. The Viper Parties shall reimburse Diamondback for all reimbursable expenses under Section 3.3 incurred by the Diamondback Entities with respect to Seconded Persons (including, where applicable, former Seconded Persons), in connection with the performance of the Services during the preceding period, as well as any other costs or expenses incurred by the Diamondback Entities in connection with the performance of the Services during such period (collectively, the “Services Reimbursement”). The Services Reimbursement shall be made on a monthly basis.
Services Reimbursement. Section 4.1 Operational, Management, Reporting and Routine Maintenance Expenses 10 Section 4.2 Seconded Employees 10 Section 4.3 Cash Incentive Compensation 14 Section 4.4 Termination Costs 15 Section 4.5 Equity Awards; Designated Seconded Employees 16
Services Reimbursement. Section 4.1 Expense Reimbursement. 7 Section 4.2 Seconded Employees Expenses. 7 ARTICLE V. PAYMENT Section 5.1 Payment. 8
