Common use of Transitional Arrangement Clause in Contracts

Transitional Arrangement. In respect of employees of the Operator that when this Agreement enters into force have already terminated their employment with the Operator under a scheme as stated in 2.1.3.2 above, the Operator may charge the Joint Account with a discounted non-recurring amount.

Appears in 4 contracts

Sources: Joint Operating Agreement, Accounting Agreement, Accounting Agreement