AMD 1996 Annual Report Download - page 125

adjustment of those rates as provided in Clause 16.2.1.1 above.
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16.2.2.8 FIELD WAGES AND SALARIES. The services performed by
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CONTRACTOR'S field staff employees who are permanent employees of CONTRACTOR,
including, but not limited to, Field Construction Superintendent, Assistant
Superintendent, Construction Engineer, Field Office Manager, Field Accountant,
Material Supervisor, Construction Planner, Field Inspector, Craft Supervisor,
Field Buyer, Safety Engineer, and Clerical personnel who are from CONTRACTOR'S
home office and are permanently assigned to the job site for the actual time
such employees reasonably devote to the work hereunder, shall be reimbursed at
the hourly rates set forth in Schedule 16.2.1.1 attached hereto, subject to
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adjustment of these rates as provided in Clause 16.2.1.1 above. All such
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employees shall be identified on a list entitled "Field Assigned Personnel"
provided by CONTRACTOR to COMPANY and updated as necessary to keep the list
current.
16.2.2.9 LOCALLY HIRED FIELD STAFF. The actual and reasonable
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straight-time wages and salaries, subject to COMPANY'S review and approval,
including the actual straight-time portion of overtime wages and salaries paid
by CONTRACTOR to field supervisory and other field staff employees who are hired
locally specifically for this Project, as distinguished from those who are
permanent employees of CONTRACTOR as mentioned in Clause 16.2.2.8 above, for the
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time said employees are directly and necessarily engaged in the Construction
Work hereunder. Also, any reasonable employee benefits actually paid by
CONTRACTOR either directly to the aforesaid employees pursuant to CONTRACTOR'S
established personnel policies or, if they are union members, to their unions
pursuant to collective bargaining agreement, or to any governmental agency.
16.2.2.10 FIELD TRAVEL. The actual and reasonable amounts paid by
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CONTRACTOR for travel and living expenses of the personnel in Clause 16.2.2.8
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above, but not to exceed the amounts specified in Schedule 16.2.1.1 attached
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hereto for each classification of employee, to the extent that it has been
CONTRACTOR'S normal practice to pay such allowances and not to exceed the levels
of allowances which are the normal practice to pay in the area in which the
employee who is traveling is based. All of the provisions of Clause 16.2.1.2
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applicable to travel and living expenses of home office employees shall apply to
travel and living expenses of field staff employees.
16.2.2.11 UNEMPLOYMENT TAXES. The actual amounts paid by CONTRACTOR
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under the Gesetzliche Sozialaufwendungen, wie Arbeitgeberbeitrage zur
Sozialversicherung und zur Arbeitslosenversicherung, und tarifliche
Sozialaufwendungen [statutory social security expenditure such as employer's
contribution to social insurance and unemployment insurance as well as social
expenditure on the basis of collective bargaining agreements] in connection with
the salaries and wages included under Clauses 16.2.2.7 and 16.2.2.9, but
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excluding (i) all contributions assessed under such laws if not computed
directly on said salaries or wages, (ii) interest and penalties of all kinds
connected with such taxes and contributions, and (iii) any such contributions
and taxes based on salaries or wages for which CONTRACTOR is reimbursed by an
insurance carrier.
16.2.2.12 OVERTIME FIELD WAGES. The premium portion of overtime
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wages and salaries paid by CONTRACTOR to the employees referred to in Clauses
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16.2.2.7, 16.2.2.8 and 16.2.2.9 above, for overtime worked by CONTRACTOR
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pursuant to the provisions of Clause 16.2.1.11 hereof. It is understood that if
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established rates for overtime are not available for any of CONTRACTOR'S
employees, the wages or salaries which are paid to
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Source: ADVANCED MICRO DEVIC, 10-K, March 20, 1997