Industry Groups Costs. Commencing on the date hereof and continuing each year thereafter, Saul Company and [[Saul Centers:Organization]] shall respectively determine the monthly costs (“Industry Employee Cost”) of each employee in the Industry Groups (individually, an “Industry Employee” and collectively, the “Industry Employees”). The Industry Employee Cost will be calculated by adding the following and dividing it by twelve (12) months:

Calculating Payment. Employees of each of the Industry Groups Costs. Commencing ontrack the date hereof and continuing each year thereafter,actual work hours spent in Saul Company and [[Saul Centers:Organization]] shall respectivelymatters. The parties will determine the percentage of time spent monthly costs (“by each Industry Group Employee in Saul Company and [[Saul Centers:Organization]] matters (the “Monthly Percentage”). Each of the parties hereto agrees to pay to the other party, the respective Monthly Percentage of the Industry Employee Cost”)Costs for each of each employee in thetheir respective Industry Groups (individually, an “Industry Employee” and collectively,Employees (collectively, the “Industry Employees”Groups Costs”). The Industry Employee Cost will be calculated by adding the following and dividing it by twelve (12) months: