Common use of Automobile Benefits Clause in Contracts

Automobile Benefits. XXXXX shall receive annually an automobile of a make and model of his selection for his use. Provided, however, that any amount of expenditure in excess of that proscribed as an ordinary and necessary business expense by the Internal Revenue Service shall be deducted from the base salary as set out above. XXXXX shall have the option of accepting a cash disbursement equal to the amount set out above for the use of his private automobile. In addition, XXXXX shall receive reimbursement for all reasonable and necessary expense necessary for the maintenance and upkeep of said automobile including repairs, gasoline, oil and insurance.

Automobile Benefits. XXXXX shall receive annually an automobile of a make and model of his her selection for his her use. Provided, however, that any amount of expenditure in excess of that proscribed as an ordinary and necessary business expense by the Internal Revenue Service shall be deducted from the base salary as set out above. XXXXX shall have the option of accepting a cash disbursement equal to the amount set out above for the use of his her private automobile. In addition, XXXXX shall receive reimbursement for all reasonable and necessary expense necessary for the maintenance and upkeep of said automobile including repairs, gasoline, oil and insurance.

Automobile Benefits. XXXXX shall receive annually an automobile of a make and model of his selection for his use. Provided, however, that any amount of expenditure in excess of that proscribed as an ordinary and necessary business expense by the Internal Revenue Service shall be deducted from the base salary as set out above. XXXXX shall have the option of accepting a cash disbursement equal to the amount set out above for the use of his private automobile. In addition, ,XXXXX shall receive reimbursement for all reasonable and necessary expense necessary for the maintenance and upkeep of said automobile including repairs, gasoline, oil oil, and insurance.