Common use of Approx Clause in Contracts

Approx. 5 to 7 hours For example, if a Financial Adviser spent 7 hours (£1,050 exc. VAT) providing recommendations and managing the project and Administration services spent 6 hours (£450 exc. VAT) undertaking the work required to assist in the set-up of the scheme with the provider, the total fee would be: £1,500 (exc. VAT). The fee becomes payable on completion of the work. Optional Presentation Seminars: To groups of eligible employees to provide information about the workplace pension scheme and the merits of joining. £600 per day (exc. VAT), where conducted at your business premises. Optional Distribution of Communications to your workforce on set-up of scheme For creating scheme information packs and communicating to eligible employees on your behalf, £20 (exc. VAT) per communication pack issued. For example, if you have 30 eligible employees the cost would be £600 (exc. VAT) payable on completion of the work.

Appears in 3 contracts

Sources: Retail Client Agreement, Retail Client Agreement, Individual Client Agreement