Common use of Car Donor Program Clause in Contracts

Car Donor Program. Subject to availability and at the discretion of the DIA, in accordance with the Lobo Club car donor program and in cooperation with local Albuquerque car and truck dealers, the University or Lobo Club may provide a courtesy car for Coach’s personal and business use. Coach shall be responsible for obtaining automobile liability insurance in accordance with insurance laws of the State of New Mexico and shall comply in all respects with the rules and procedures of the car donor program now in place and as they may change over time. In addition, Coach shall comply with all federal and state laws, National Collegiate Athletic Association (NCAA) rules, University policies, and any other policies or directives of the Athletic Department applicable to the car donor program. Coach understands and agrees that the provision of a courtesy car is in the exclusive discretion of the DIA, and that Coach will surrender any courtesy car provided upon request of the DIA. Coach further understands and agrees that any courtesy car provided pursuant to this Section constitutes taxable Coach’s Initial SH compensation to Coach and that Coach is solely responsible for the tax consequences associated therewith.

Car Donor Program. Subject to availability and at the discretion of the DIA, in accordance with the Lobo Club car donor program and in cooperation with local Albuquerque car and truck dealers, the University or Lobo Club may provide a courtesy car for CoachEmployee’s personal and business use. Coach Employee shall be responsible for obtaining automobile liability insurance in accordance with insurance laws of the State of New Mexico Mexico, and shall comply in all respects with will name the rules and procedures University as a third-party beneficiary of the car donor program now in place and as they may change over timesuch insurance policies. In addition, Coach Employee shall comply with all other federal and state laws, National Collegiate Athletic Association (NCAA) rules, University policies, and any other policies or directives of the Athletic Department applicable to the car donor program. Coach Employee understands and agrees that the provision of a courtesy car is in the exclusive discretion of the DIA, and that Coach Employee will surrender any courtesy car provided upon request of the DIA. Coach Employee further understands and agrees that any courtesy car provided pursuant to this Section constitutes taxable Coach’s Initial SH compensation to Coach Employee and that Coach Employee is solely responsible for the tax consequences associated therewith.

Car Donor Program. Subject to availability and at the discretion of the DIA, in accordance with the Lobo Club car donor program and in cooperation with local Albuquerque car and truck dealers, the University or Lobo Club may provide a courtesy car for Coach’s personal and business use. Coach Employee Employee shall be responsible for obtaining automobile liability insurance in accordance with insurance laws of the State of New Mexico Mexico, and shall comply in all respects with will name the rules and procedures University as a third-party beneficiary of the car donor program now in place and as they may change over timesuch insurance policies. In addition, Coach Employee shall comply with all other federal and state laws, National Collegiate Athletic Association (NCAA) rules, University policies, and any other policies or directives of the Athletic Department applicable to the car donor program. Coach Employee understands and agrees that the provision of a courtesy car is in the exclusive discretion of the DIA, and that Coach Employee will surrender any courtesy car provided upon request of the DIA. Coach Employee further understands and agrees that any courtesy car provided pursuant to this Section constitutes taxable Coach’s Initial SH compensation to Coach Employee and that Coach Employee is solely responsible for the tax consequences associated therewith.