Common use of Exceptional Items Clause in Contracts

Exceptional Items. A fully taxable, lump-sum, gross payment equal to one (1) month’s base salary, to a maximum of $ 40,000. These funds may be used by the associate to facilitate and expedite his family’s relocation and unlike all other aspects of this program; payments made under this provision need not be supported by specific receipts but will, instead, be considered a “Miscellaneous Relocation Allowance” that will be issued within 30 days from the date when the associate establishes a permanent domicile in his/her new location.

Appears in 2 contracts

Sources: Employment Agreement (Nbty Inc), Employment Agreement (Nbty Inc)

Exceptional Items. A fully taxable, lump-sum, gross payment equal to one (1) month’s base salary, to a maximum of $ 40,000. These funds may be used by the associate to facilitate and expedite his family’s relocation and unlike all other aspects of this program; payments made under this provision need not be supported by specific receipts but will, instead, be considered a “Miscellaneous Relocation Allowance” that will be issued within 30 days from the date when the associate establishes a permanent domicile in his/her new location, but in no event later than December 15, 2012.

Appears in 1 contract

Sources: Employment Agreement (NBTY Florida, Inc.)