Examples of Relocation Allowance in a sentence
Such repayments shall be equal to the total amount of the Relocation Allowance multiplied by the months not worked during the twelve (12) month period, divided by twelve (12) months.
Such Relocation Allowance shall be paid as a lump sum payment, from which applicable deductions will be withheld, under the appropriate IRS guidelines and applicable state tax rules.
Payment and/or provision of the ----------------------- Relocation Allowance shall be subject to any Tax Withholdings and/or Employee Deductions as may be applicable.
If your employment ends for any reason or you resign prior to the first year after the lump sum payment, you will be required to repay to the Company the pro-rata portion of the Relocation Allowance based on the number of days worked.
The Executive shall be responsible for all income taxes imposed on the Executive by reason of the Relocation Allowance.