Examlex
In order to keep ballooning health costs under control,one benefit consulting company (William M.Mercer) recommends that employers do all the following except:
Oil Refinery
An industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and heating oils.
Licensing
A business arrangement in which one company allows another to use its trademark, patent, software, or other intellectual property for a fee or royalty.
Contractual Agreement
A legally binding agreement between two or more parties with mutually agreed-upon terms and conditions.
Royalty
A payment made to the owner of certain types of rights, such as patents or copyrights, for the use of their property by others.
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