Common use of Company Cars Clause in Contracts

Company Cars. During the Term, the Company shall continue to lease a car or cars (currently VIN 0XX0X0XX0XXX00000 and XXXXX0X00XX000000) for Executive’s use. In addition on the earlier of: (a) the date that is thirty-six (36) months from the start of the lease for the car or cars Executive is leasing as of the Effective Date; (b) within forty-five (45) days after the date Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason; or (c) within sixty (60) days of a Change in Control, the Company shall obtain title to such car or cars, and shall irrevocably transfer said title to Executive. The Company shall pay any and all fees, taxes, payments, or other amounts necessary to effectuate the provisions of this Section 4.5.

Appears in 1 contract

Samples: Executive Employment Agreement (Goodman Networks Inc)

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Company Cars. During the Term, the Company shall continue to lease a car or cars (currently VIN 0XX0X0XX0XXX00000 XXXXX0X00XX000000 and XXXXX0X00XX000000Atlanta Fleet Car) for Executive’s use. In addition on the earlier of: (a) the date that is thirty-six (36) months from the start of the lease for the car or cars Executive is leasing as of the Effective Date; (b) within forty-five (45) days after the date Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason; or (c) within sixty (60) days of a Change in Control, the Company shall obtain title to such car or cars, and shall irrevocably transfer said title to Executive. The Company shall pay any and all fees, taxes, payments, or other amounts necessary to effectuate the provisions of this Section 4.5.

Appears in 1 contract

Samples: Executive Employment Agreement (Goodman Networks Inc)

Company Cars. During the Term, the Company shall continue to lease a car or cars (currently VIN 0XX0X0XX0XXX00000 XXXXX0X00XX000000 and XXXXX0X00XX000000Atlanta Fleet Car) for Executive’s use. In addition on the earlier of: (ai) the date that is thirty-six (36) months from the start of the lease for the car or cars Executive is leasing as of the Effective Date; (bii) within forty-five (45) days after the date Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason; or (ciii) within sixty (60) days of a Change in Control, the Company shall obtain title to such car or cars, and shall irrevocably transfer said title to Executive. The Company shall pay any and all fees, taxes, payments, or other amounts necessary to effectuate the provisions of this Section 4.5.

Appears in 1 contract

Samples: Executive Employment Agreement (Goodman Networks Inc)

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Company Cars. During the Term, the Company shall continue to lease a car one or more cars (currently VIN 0XX0X0XX0XXX00000 and XXXXX0X00XX000000) for Executive’s use. In addition on the earlier of: (ai) the date that is thirty-six (36) months from the start of the lease for the car or cars Executive is leasing as of the Effective Date; (bii) within forty-five (45) days after the date Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason; or (ciii) within sixty (60) days of a Change in Control, the Company shall obtain title to such car or cars, and shall irrevocably transfer said title to Executive. The Company shall pay any and all fees, taxes, payments, or other amounts necessary to effectuate the provisions of this Section 4.5.

Appears in 1 contract

Samples: Executive Employment Agreement (Goodman Networks Inc)

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