Expense Reimbursement; Relocation Clause Samples
The "Expense Reimbursement; Relocation" clause outlines the employer's obligation to cover certain costs incurred by the employee, specifically those related to relocation for work purposes. Typically, this clause details which types of expenses are eligible for reimbursement, such as moving services, travel, temporary housing, or storage fees, and may set limits or require pre-approval for such costs. Its core function is to ensure that employees are not financially burdened by the need to relocate for their job, thereby facilitating smooth transitions and clarifying the company's support in these situations.
Expense Reimbursement; Relocation. The Company shall reimburse Employee for all ordinary and necessary business expenditures made by Employee in connection with, or in furtherance of, his employment hereunder upon presentation by Employee of expense statements, receipts, vouchers or such other supporting information as may from time to time be reasonably requested by the Board. When traveling for business of the Company, Employee, at his sole discretion and at the Company's expense, shall travel via first class accommodations. The Company shall not, without Employee's prior written consent, relocate Employee more than 50 miles from the Company's principal place of business in Miami-Dade County, Florida.
Expense Reimbursement; Relocation. The Company shall reimburse Employee for all ordinary and necessary business expenditures made by Employee in connection with, or in furtherance of, his employment hereunder upon presentation by Employee of expense statements, receipts, vouchers or such other supporting information as may from time to time be reasonably requested by the President or the Board. In the event Employee is relocated outside of the United States, or more than fifty (50) miles from Employee's then principal place of business with the Company, then, in each case, the Company shall (i) reimburse Employee for all reasonable moving expenses necessitated by such relocation and (ii) shall make such adjustments, if any, in the compensation of Employee hereunder so that after such relocation, Employee's compensation shall be no less than Employee's compensation prior to such relocation.
Expense Reimbursement; Relocation. (a) The Company will reimburse Executive for reasonable and customary business expenses, including monthly cell phone/PDA charges, in accordance with the Company’s standard reimbursement policies in effect from time to time. The Company will pay Executive’s reasonable attorney’s fees actually incurred in the preparation of this Agreement and all related documents (including the draft term sheet and all equity grant agreements), up to a maximum of $3,000.
(b) As a condition of his employment, the Executive will establish a permanent personal residence in Chicago not later than August 31, 2016. Upon presentation of reasonable documentation as the Company may specify from time to time, the Company shall pay directly or reimburse Executive for customary relocation expenses actually incurred in relocation to the Chicago area. Relocation expenses will include (i) the cost of two house hunting trips for Executive and his family, including cost of hotels, transportation, and other related expenses, (ii) the cost of packing/moving/unpacking contents of Executive’s primary residence, (iii) brokerage commissions and customary closing costs for the sale of Executive’s current residence and purchase of a new residence, and (iv) storage of contents for up to 90 days and payment of miscellaneous out-of-pocket relocation related expenses. The total reimbursements made to Executive under this section 3(b) shall not exceed $150,000.
(c) Upon presentation of reasonable documentation as the Company may specify from time to time, the Company will reimburse Executive for reasonable and customary expenses associated with Executive’s (or his spouse’s) travel between San Diego and Chicago for the purposes of Executive’s performance of his duties under this Agreement prior to August 31, 2016, up to a maximum of $100,000. This will include reimbursement for one round-trip coach air fare for Executive or his spouse per week between San Diego and Chicago, transportation to and from the airports, and lodging in Chicago (subject to the Company’s general travel policies) while Executive is in Chicago for the purposes of performing Executive’s duties under this Agreement.
(d) The cost of a corporate apartment for Executive in the Chicago area prior to his acquisition of a Chicago residence prior to August 31, 2016 also will be reimbursed, up to a maximum of $3,500/month and will count toward the $100,000 maximum. Executive’s commute will be structured such that, other than for business tr...
Expense Reimbursement; Relocation. The Company shall reimburse Employee for all ordinary and necessary business expenditures made by Employee in connection with, or in furtherance of, his employment hereunder upon presentation by Employee of expense statements, receipts, vouchers or such other supporting information as may from time to time be reasonably requested by the President or the Board. When traveling for business of the Company, Employee, at his sole discretion and at the Company's expense, shall travel via "Business" or "Club" class accommodations.
Expense Reimbursement; Relocation. (a) Within six (6) months of the Effective Date you must relocate your primary residence from the Denver, Colorado metropolitan area to the Phoenix, Arizona metropolitan area. To assist with this transition, you are eligible for the relocation benefits described in the Company's Executive Relocation Policy dated July 16, 2019, as such policy may be amended from time to time; provided, that, the temporary living benefit described in the Policy will be available to you for up to four (4) months following the Effective Date.
(b) Subject to Section 11 below, during your employment as EVP of Operations and while this Agreement is in effect, you will be reimbursed for all reasonable business expenses (including, but without limitation, travel expenses) upon the properly completed submission of requisite forms and receipts to the Company in accordance with the Company's Expense Reimbursement Policy.
Expense Reimbursement; Relocation. The Company shall reimburse Employee for all ordinary and necessary business expenditures made by Employee in connection with, or in furtherance of, his employment hereunder upon presentation by Employee of expense statements, receipts, vouchers or such other supporting information as may from time to time be reasonably requested by the President or the Board. When traveling for business of the Company, Employee, at his sole discretion and at the Company''s expense, shall travel via ""Business"" or ""Club"" class accommodations. In the event Employee is relocated outside of the United States, or more than fifty (50) miles from Employee''s principal place of business with the Company in Coral Gables, Florida, then, in each case, the Company shall (i) reimburse Employee for all reasonable moving expenses necessitated by such relocation and (ii) shall make such adjustments, if any, in the compensation of Employee hereunder so that after such relocation, Employee''s compensation shall be no less than Employee''s compensation prior to such relocation.
Expense Reimbursement; Relocation. The Company shall reimburse Employee for all ordinary and necessary business expenditures made by Employee in connection with, or in furtherance of, his employment hereunder upon presentation by Employee of expense statements, receipts, vouchers or such other supporting information as may from time to time be reasonably requested by the CEO or the Board. When traveling for business of the Company, Employee, at his sole discretion and at the Company's expense, shall travel via "Business" or "Club" class accommodations for international travel involving flying time of three (3) hours or more each way. In the event the Employee is relocated outside of England, or more than seventy-five (75) kilometers from Employee's then principal place of business with the Company, then, in each case, the Company shall (i) reimburse Employee for all reasonable moving expenses necessitated by such relocation and (ii) shall make such adjustments in the compensation of Employee hereunder so that after such relocation, Employee's effective compensation shall be no less than Employee's effective compensation prior to such relocation.