Common use of Training Costs Clause in Contracts

Training Costs. All costs and expenses incurred by Operator or Contractor setting up and conducting training activities for their Iraqi personnel engaged in Petroleum Operations or Contractor’s training activities, including the planning, designing, constructing, commissioning and running training facilities and the related software. Contractor shall provide, on annual basis, evidence in a form satisfactory to ROC that each person for whom it has been reimbursed training costs continues to be employed for at least five (5) years by Contractor subsequent to such training. In the absence of such evidence any amount paid to Contractor in respect to such training will be deducted pro rata to the five (5) year commitment from the future reimbursements to Contractor. All such training costs shall be subject to the JMC prior approval.