Common use of Cost Transparency Clause in Contracts

Cost Transparency. The Supplier shall provide corporate level general financial information as follows: 1.1.1. Subject to the confidentiality provisions in this Contract the Supplier shall provide the following information at a corporate level for benchmarking purposes. This shall be provided to the extent of the publicly available information as published in Annual and quarterly financial statements. (Note : Transparency / ensuring an appropriate price for individual projects is covered by Section 2.2) 1.1.2. All day rates shall be based on the Supplier’s identified standardised Cost Recovery Assumption. For the avoidance of doubt, Cost Recovery Assumption is defined as the number of days assumed by the Supplier that they will need to charge for the resource to fully recover the cost of the resource, including pay, benefits, overheads and margin. The Cost Recovery Assumption makes allowance for all leave entitlement, including annual leave, public holidays and casual leave, plus any training and sick PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS. absence, where the Supplier cannot charge the customer for the resource. [***] All T&M engagements shall use a common currency of Person-days of effort. Person-days of Effort shall mean the total number of days required to successfully deliver the Work Package, irrespective of the number of resource used, inclusive of any shift working or overtime.

Cost Transparency. The Supplier shall provide corporate level general financial information as follows: 1.1.1. Subject to the confidentiality provisions in this Contract the Supplier shall provide the following information at a corporate level for benchmarking purposes. This shall be provided to the extent of the publicly available information as published in Annual and quarterly financial statements. ELEMENTS Revenues Gross Profit Sales & Marketing Expenses General and Administrative Exp Research & Development costs Amortizations Operating Income (Note : Transparency / ensuring an appropriate price for individual projects is covered by Section 2.2) 1.1.2. All day rates shall be based on the Supplier’s 's identified standardised Cost Recovery Assumption. For the avoidance of doubt, Cost Recovery Assumption is defined as the number of days assumed by the Supplier that they will need to charge for the resource to fully recover the cost of the resource, including pay, benefits, overheads and margin. The Cost Recovery Assumption makes allowance for all leave entitlement, including annual leave, public holidays and casual leave, plus any training and sick Pages 94 of 126 PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS. IN CONFIDENCE absence, where the Supplier cannot charge the customer for the resource. [***] All T&M engagements shall use a common currency of Person-days of effort. Person-days of Effort shall mean the total number of days required to successfully deliver the Work Package, irrespective of the number of resource used, inclusive of any shift working or overtime.