Fringe Cost definition
Examples of Fringe Cost in a sentence
Hourly Rate E: Assignment Base (A*B*C) F:Fringe Rate G: Approved ONR Rate H: Fringe Cost (E*F) I: Non Salary Costs (Please Specify: J: Total Obligation (E+H+I) K: Monthly Bill Rate 27.
Within a thirty (30) day period subsequent to the end of the calendar year, Visteon shall provide ACH with a statement indicating the Actual Group Monthly Fringe Cost for the year for the Leased Employees and the amount that was billed to ACH pursuant to Section 4.01(ii).
Within a thirty (30) day period subsequent to the end of the Term, Visteon shall provide Ford with a statement indicating the Actual Group Monthly Fringe Cost for the Term for the Leased Employees and the amount that was billed to Ford pursuant to Section 4.01(ii).
Except as provided below, Visteon and ACH shall meet sixty (60) days prior to the end of the calendar year, or on a mutually agreed upon annual time period that is consistent with regular annual fringe cost changes, for the purpose of determining the Standard Monthly Group Fringe Cost (set forth in Section 4.01(ii) above) applicable for the following twelve month period.
Except as provided below, Visteon and ACH shall meet sixty (60) days prior to the end of the calendar year, or at a mutually agreed annual time period that is consistent with regular annual fringe cost changes, for the purpose of determining (i) the Standard Monthly Group Fringe Cost set forth in Section 4.01(ii) above; and (ii) the Occupancy Charge set forth in Section 4.01(iv), each applicable for the following twelve month period.
If the Parties are unable to agree on the per-employee rate for the Standard Monthly Group Fringe Cost set forth in Section 4.01(ii) above, the rate as determined by Visteon shall be in effect and applied to the most current Employee Census until the new rate is agreed and any adjustment shall be retroactively effective as of the beginning of the twelve month period.
For purposes hereof, "Actual Group Monthly Fringe Cost" for the Term equals the actual payments made to include year end accruals, plus or minus the changes in reserves.
For purposes hereof, "Actual Group Monthly Fringe Cost" for the year equals the actual payments made to include year end accruals, plus or minus the changes in reserves.
If the Parties are unable to agree on the per-employee rate for the Standard Monthly Group Fringe Cost set forth in Section 4.01(ii) above, the rate as determined by Visteon shall be in effect and applied to the most current Employee Census until the new rate is agreed upon and any adjustment shall be retroactively effective as of the beginning of the twelve month period.