Common use of Automobile Allowance Clause in Contracts

Automobile Allowance. The Company will pay Executive $1,100 per month (paid quarterly) which shall be used for the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with the automobile allowance afforded to him.

Appears in 15 contracts

Samples: Agreement (Stein Mart Inc), Agreement (Stein Mart Inc), Separation Agreement and Release (Stein Mart Inc)

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Automobile Allowance. The Company will pay Executive $1,100 per month (paid quarterly) which shall be used for the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with the automobile allowance afforded to him. Executive shall be expected to maintain a valid driver’s license and retain appropriate automobile and liability insurance coverage.

Appears in 6 contracts

Samples: Agreement (Stein Mart Inc), Agreement (Stein Mart Inc), Amended Agreement (Stein Mart Inc)

Automobile Allowance. The Company will pay Executive $1,100 13,200 per month year (paid quarterly) which shall be used for the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with the automobile allowance afforded to him.

Appears in 4 contracts

Samples: Agreement (Stein Mart Inc), Agreement (Stein Mart Inc), Agreement (Stein Mart Inc)

Automobile Allowance. The Company will pay Executive $1,100 13,200 per month year (paid quarterly) which shall be used for the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with the automobile allowance afforded to himher. Executive shall be expected to maintain a valid driver’s license and retain appropriate automobile and liability insurance coverage.

Appears in 3 contracts

Samples: Amended Agreement (Stein Mart Inc), Agreement (Stein Mart Inc), Agreement (Stein Mart Inc)

Automobile Allowance. The Company will pay Executive $1,100 1,100.00 per month (paid quarterly) which shall be used for the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with the automobile allowance afforded to him.

Appears in 3 contracts

Samples: Agreement (Stein Mart Inc), Agreement (Stein Mart Inc), Agreement (Stein Mart Inc)

Automobile Allowance. The Company will pay Executive $1,100 13,200 per month year (paid quarterly) which shall be used for the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with the automobile allowance afforded to him. Executive shall be expected to maintain a valid driver’s license and retain appropriate automobile and liability insurance coverage.

Appears in 2 contracts

Samples: Agreement (Stein Mart Inc), Agreement (Stein Mart Inc)

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Automobile Allowance. The During the Term, the Company will shall pay the Executive $1,100 1,200 per month (paid quarterly) which shall be used for the expenses such as lease, purchaseregistration, maintenance and/or operation insurance, repairs, maintenance, license fees, parking, gasoline and oil incurred by the Executive incident to his use of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated such automobile in connection with the automobile allowance afforded to himhis duties hereunder.

Appears in 1 contract

Samples: Employment Agreement (MSC Industrial Direct Co Inc)

Automobile Allowance. The Company will pay Executive one thousand one hundred dollars ($1,100 1,100) per month (paid quarterly) which shall be used for the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with the automobile allowance afforded to himher. Executive shall be expected to maintain a valid driver’s license and retain appropriate automobile and liability insurance coverage.

Appears in 1 contract

Samples: Agreement (Stein Mart Inc)

Automobile Allowance. The While Executive is employed by the Company will hereunder, the Company shall pay Executive $1,100 1,500 per month (paid quarterly) which shall be used as an automobile allowance to reimburse Executive for all of the lease, purchase, maintenance and/or operation of a vehicle that Executive is to use costs he incurs in using an automobile for business travel or may use for personal travel. Executive shall be solely responsible for any taxes associated with purposes, including without limitation the automobile allowance afforded to himcosts of insuring, maintaining and operating the automobile.

Appears in 1 contract

Samples: Employment Agreement (Valuevision Media Inc)

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