Housing and Relocation. In the event that housing and relocation costs, as required by federal law set out in subsection (1) above and/or state law set out in subsection (2) above, are involved in the execution of this project, the RECIPIENT agrees to provide any housing and relocation assistance required.
Housing and Relocation. Company shall pay for reasonable housing for Executive’s use while in Portland. In the event Executive elects to relocate from Boston to Portland, Company shall pay Executive’s moving expenses.
Housing and Relocation. In the event that housing and relocation costs, as required by federal law set out in subsection (1) above and/or state law set out in subsection (2) above, are involved in the execution of this project, the sponsor agrees to provide any housing and relocation assistance required.
Housing and Relocation. Housing and Relocation shall be in accordance with existing Housing and Relocation Policy. Any changes to the existing policy must be done in consultation with the CSA.
Housing and Relocation. The College will provide neither housing nor relocation costs for incoming or outgoing participants. However, the outgoing participant is not precluded from applying for professional development funds per Article XIII.J.
Housing and Relocation. In the event that housing and relocation costs, as required by federal law set out in subsection
Housing and Relocation. Executive currently maintains a primary residence (“Current Residence”). In connection with Executive becoming President and Chief Executive Officer of the Company, Executive shall be required to maintain his primary residence in the Philadelphia metropolitan area (“New Residence”).
Housing and Relocation. 15.1 The Company shall pay for rent, utilities (i.e. heating, electricity, water etc.) and all other costs relating to the dwelling referred to in section 14.1 above. According to need or local costums the Company shall furthermore pay for servants and security guards.
Housing and Relocation. The Company will grant you a loan in the amount of $250,000 to offset the cost of obtaining new housing in Massachusetts. The loan will be contingent on the purchase of your new home in Massachusetts and it shall be secured by a mortgage on the home you purchase. The loan will be forgivable over a period of 3 years, at 33 1/3% on the three anniversary dates following issuance of the loan, provided that if you leave the Company without Good Reason, or because you are terminated by the Company for Cause, all as defined in section 3 of the Employment Agreement, the portion of the loan not yet forgiven must be repaid to the Company within thirty days of the termination of your employment. If you terminate your employment with Good Reason, or if the Company terminates your employment without Cause, all as defined in section 3 of the Employment Agreement, the remaining unforgiven portion of the loan shall be forgiven. In addition, the Company shall pay reasonable and customary relocation expenses, including moving costs, closing costs, and real estate commissions that you incur in selling your home in East Greenwich, Rhode Island and moving to Massachusetts. If you are not able to sell your current home in Rhode Island prior to moving into a new home in Massachusetts, the Company shall assume the interest portion of your present mortgage payment until the earlier of one year or the date you sell your home in Rhode Island. The Company will pay for reasonable temporary housing expenses for you if you personally relocate to Massachusetts prior to the sale of your home in Rhode Island, and it will pay for reasonable temporary housing expenses for your family if your family relocates to Massachusetts prior to the sale of your home in Rhode Island.
Housing and Relocation. During the Term, the Executive may maintain his principal residence in Boston, Massachusetts for as long as he deems appropriate. If requested by the Executive, the Company will provide the Executive with a furnished apartment in New York City during the Term. In the event that the Executive determines that it is appropriate to relocate his principal residence from Boston to New York during the Term, the Company agrees to purchase the Executive's current residence at the Executive's full investment as evidenced by receipts and supporting documentation, including all construction and "finishing" expenses (in the event of such a relocation, the Executive will no longer be entitled to the apartment described in the previous sentence). The purchase of the Executive's residence by the Company shall be completed within 60 days of the Executive's request to the Company. The Company will pay reasonable and customary relocation expenses if the Executive so relocates himself to New York. Any such reimbursement or relocation payments will be grossed up for taxes at the Executive's actual tax rate.
