Failure To Complete Relocation Sample Clauses
The 'Failure To Complete Relocation' clause defines the consequences and procedures that apply if a party does not finish moving from one location to another as required by the agreement. Typically, this clause outlines what constitutes a failure, any grace periods or notices that must be given, and the remedies available to the non-breaching party, such as compensation for delays or the right to terminate the contract. Its core function is to ensure accountability and provide a clear process for resolving issues if relocation obligations are not met, thereby minimizing disputes and protecting the interests of both parties.
Failure To Complete Relocation. If a pilot fails to complete his relocation within 18 months following his activation, he shall reimburse the Company 100% of relocation expenditures paid by the Company, other than expenditures for benefits received pursuant to Section 6.C.8. (Marketing Assistance). Reimbursement of expenses incurred pursuant to Section 6.C.12. (below) shall be limited to the cost of airline tickets in excess of 2 round trips for the pilot and 2 round trips for the pilot’s spouse.
