Automobile and Cellular Phone. The Company or the Bank shall provide Executive with, and Executive shall have the primary use of, an automobile owned or leased by the Company or the Bank and the Company or the Bank shall pay (or reimburse Executive) for all expenses of insurance, registration, operation and maintenance of the automobile. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile, as the Company or the Bank may establish from time to time, and the Company or the Bank shall annually include on Executive's Form W-2 any amount attributable to Executive's personal use of such automobile. The Company or the Bank shall also provide Executive with a cellular phone and shall pay (or reimburse Executive) for all reasonable expenses related to the business use of such phone.
Automobile and Cellular Phone. The Corporation agrees to provide Xxxxxx with a monthly automobile allowance of $833.33 and to provide for the use by Xxxxxx of a cellular telephone at the Corporation’s expense.
Automobile and Cellular Phone. The Corporation agrees to provide Executive with a monthly automobile allowance of $833.33, less applicable tax withholdings, and a monthly cellular phone allowance of $130.00, less applicable tax withholdings.
Automobile and Cellular Phone. The Company or the Bank shall provide Executive with, and Executive shall have the primary use of, an automobile owned or leased by the Company or the Bank and the Company or the Bank shall pay (or reimburse Executive) for all expenses of insurance, registration, operation and maintenance of an automobile owned by Executive; provided, however, that such reimbursement shall not exceed $700 per month. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile, as the Company or the Bank may establish from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount attributable to Executive’s personal use of such automobile. The Company or the Bank shall also provide Executive with a cellular phone and shall pay (or reimburse Executive) for all reasonable expenses related to the business use of such phone.
Automobile and Cellular Phone. The Corporation agrees to provide, either directly or through a monetary allowance, for the use by Xxxxx of an automobile and cellular telephone. The selection of said automobile, or alternatively, the amount of the car allowance that will allow Xxxxx to purchase or lease an automobile, shall be subject to approval by the Chief Executive Officer of the Corporation.
Automobile and Cellular Phone. The Company and/or the Bank shall pay Executive a monthly automobile allowance of $750, in accordance with the Company’s customary payroll practices, whether or not deductible for income tax purposes by the payor. All expenses and maintenance of the automobile shall be borne by Executive. Executive is solely responsible for apportioning the time allocated for personal use of the automobile for applicable income tax purposes. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile, as the Company and/or the Bank may establish from time to time, and Executive’s annual Form W-2 shall reflect any amount attributable to Executive’s personal use of such automobile. The Company and/or the Bank shall also provide Executive with a cellular phone and shall pay (or reimburse) Executive for all reasonable expenses related to the business use of such phone. All expenses and reimbursements of Executive payable by the Company and/or the Bank hereunder shall be paid promptly, and in any event no later than March 15 of the year immediately following the year in which the expenses were incurred.
Automobile and Cellular Phone. The Bank or the Company shall provide Executive with, and Executive shall have the primary use of, an automobile owned or leased by the Bank or the Company and the Bank or the Company shall pay (or reimburse Executive) for all expenses of insurance, registration, operation and maintenance of the automobile. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile, as the Bank or the Company may establish from time to time, and the Bank or the Company shall annually include on Executive’s Form W-2 any amount attributable to Executive’s personal use of such automobile. The Bank or the Company shall also provide Executive with a cellular phone and shall pay (or reimburse) Executive for all reasonable expenses related to the business use of such phone. All expenses and reimbursements shall be paid promptly by the Bank or the Company and in any event no later than March 15 of the year immediately following the year in which the expenses were incurred.
Automobile and Cellular Phone. The Bank shall provide Executive with, and Executive shall have the primary use of, an automobile owned or leased by the Bank and the Bank shall pay (or reimburse Executive) for all expenses of insurance, registration, operation and maintenance of the automobile. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile, as the Bank may establish from time to time, and the Bank shall annually include on Executive’s Form W-2 any amount attributable to Executive’s personal use of such automobile. The Bank shall also provide Executive with a cellular phone and shall pay (or reimburse) Executive for all reasonable expenses related to the business use of such phone. All expenses and reimbursements shall be paid promptly by the Bank and in any event no later than March 15 of the year immediately following the year in which the expenses were incurred.
Automobile and Cellular Phone. At Baresel's sole option, the Company shall (i) pay to Baresel xx xxxxxobile allowance of five hundred dollars ($500) xxx month, payable on the first day of each month, or (ii) the use of a Company owned or leased automobile, the make and model to be selected and determined in Baresel's sole discretion and pay all costs and expenses of operation, including without limitation insurance (in such amounts as mutually agreed upon by Baresel and the Company), gasoline, repairs, maintenance. Fxxxxxxxore, and the Company shall provide to Baresel, at the sole cost and expense of the Company, a celxxxxx xhone to assist Baresel in the performance of his duties and responsibilities as an executive officer and employee of the Company.
Automobile and Cellular Phone. Summit FGI shall provide Employee with the use of an automobile for the Employee’s business and personal use. Summit FGI shall be responsible for expenses associated with the vehicle including but not limited to taxes, gasoline, licenses, maintenance, repair, insurance and reasonable cellular phone charges. Employee shall be subject to tax for his personal use of the vehicle in accordance with the Internal Revenue Code and any applicable state law. Upon approval of the Chief Executive Officer of Summit FGI, appropriate replacement vehicles shall be provided in the future, but in no event less frequently than every third model year. If Employee is terminated not for Good Cause, or if Employee terminates his employment under this Agreement for Good Reason, or Summit FGI terminates Employee’s employment under this Agreement in a manner constituting Wrongful Termination, then Employee shall be entitled to retain the vehicle provided hereunder.
