Common use of Compensation; Payment Terms Clause in Contracts

Compensation; Payment Terms. 1 . (a) DPS shall pay to Cadbury a fee for each Service that is provided to DPS and its Affiliates hereunder (collectively, the “Incoming Service Fee”) and Cadbury shall pay to DPS a fee for each Service that is provided to Cadbury and its Affiliates hereunder (collectively, the “Outgoing Service Fee”). The costs for each Service (the “Costs”) shall be the actual direct cost incurred by the Providing Party in performing such Service, calculated as set forth on Schedule C, which shall include a reasonable allocation for overhead salary, wages, benefits, taxes and other expenses attributable thereto (but shall exclude, for the avoidance of doubt, any overhead expenses for branding, marketing and other similar expenses) and without any markup for profit, calculated in a manner consistent with past custom and practice of the Providing Party with respect to such Service (or Cadbury Schweppes SBS, Inc. in the case of the Services which were not historically provided by the Providing Party); provided, however, that such Costs shall be adjusted to reflect any termination or expiration of any Transition Service pursuant to Article 3 of this Agreement.

Appears in 2 contracts

Sources: Transition Services Agreement (Dr Pepper Snapple Group, Inc.), Transition Services Agreement (Dr Pepper Snapple Group, Inc.)

Compensation; Payment Terms. 1 1. (a) DPS shall pay to Cadbury a fee for each Service that is provided to DPS and its Affiliates hereunder (collectively, the “Incoming Service Fee”) and Cadbury shall pay to DPS a fee for each Service that is provided to Cadbury and its Affiliates hereunder (collectively, the “Outgoing Service Fee”). The costs for each Service (the “Costs”) shall be the actual direct cost incurred by the Providing Party in performing such Service, calculated as set forth on Schedule C, which shall include a reasonable allocation for overhead salary, wages, benefits, taxes and other expenses attributable thereto (but shall exclude, for the avoidance of doubt, any overhead expenses for branding, marketing and other similar expenses) and without any markup for profit, calculated in a manner consistent with past custom and practice of the Providing Party with respect to such Service (or Cadbury Schweppes SBS, Inc. in the case of the Services which were not historically provided by the Providing Party); provided, however, that such Costs shall be adjusted to reflect any termination or expiration of any Transition Service pursuant to Article 3 of this Agreement.

Appears in 1 contract

Sources: Transition Services Agreement (Dr Pepper Snapple Group, Inc.)