MOTOR CAR. The Company shall provide or procure the provision to the Officer during the Employment and for the purposes thereof with a motor car deemed by the Company to be appropriate to the status of the Employment and shall be responsible for payment of the whole expenses of maintaining and running such motor car including insurance, petrol and maintenance. The Officer shall be entitled to make reasonable use of the said motor car for private purposes but shall not take, or allow to be taken, the said motor car outside the United Kingdom without the prior written consent of the Company.
MOTOR CAR. 7.1 Subject to clause 5.9 above, The Company will provide a cash alternative, in accordance with it’s car policy as may be amended from time to time for use by the Executive in the performance of his duties hereunder and the Executive will use the same as may be necessary.
MOTOR CAR. (a) The Company shall provide and maintain for the sole use of the Executive a Motor Car and all expenses and petrol in connection with its private and business use shall be paid or reimbursed to the Executive by the Company on presentation of appropriate receipts if required, subject to the provisions of clause 8.2 above.
MOTOR CAR. At his option, the Executive may notify the Company that a stated percentage of his monthly salary shall be paid towards the expense of leasing a car for the Executive.
MOTOR CAR. To assist in the performance of his duties the Company shall during the Term provide the Executive with a motor car of a cost and type to be determined from time to time by the Board and subject to any terms and conditions which the Company may from time to time impose on the Executive in relation thereto. Subject to such terms and conditions the Company shall bear the cost of insuring testing taxing repairing and maintaining the car and shall reimburse to the Executive all running expenses of the car properly incurred in connection with the performance of duties
MOTOR CAR. 10.1 The Company will provide a car for Executive’s business and minimal private use up to a value of €100,000 provided that such a car is full electric, which is subject to special benefit-in-kind (“BIK”) payments whereby the first €45,000 in value is exempt from BIK calculations under current legislation. If not provided with the car, the Company will cover the cost of a charging unit for the Executive at his principal private residence. Appropriate BIK amounts will be deducted via payroll (subject to car-pooling relief). Should legislation change the Company will not be responsible to adjust the net BIK and any new BIK will be deducted from payroll. The Company will fund the tax and insurance cost of the motor car. A full Company car policy and terms will be agreed before commencement date.
MOTOR CAR. 8.1 The Company shall supply the Employee with a car deemed by the Board to be suitable and commensurate with his status for the performance of his duties hereunder the leasing or other rental or deferred purchase cost of which shall not exceed (pound)1,200 per month (increasing annually by the same percentage amount as the percentage increase in the United Kingdom Retail Price Index for that period or at such other higher rate as may be determined upon and notified by the Company to the Employee).
MOTOR CAR. 9.1 The Company shall provide a car of a type appropriate to the Executive's position in the Company in accordance with the Company's policy from time to time for the use of the Executive in the performance of his duties under this Agreement and shall pay running expenses in connection therewith insofar as they are properly and reasonably incurred by the Executive in the performance of his duties in accordance with the Company's policy from time to time.
MOTOR CAR. During the continuance of his employment, the Executive shall be entitled to the use of a car and a driver, for personal and/or business use, and shall be paid a company car allowance of £20,000 per annum, in each case subject to and in accordance with any Executive Directors’ car policy from time to time and the Company’s most recent Directors’ Remuneration Policy.
MOTOR CAR. The Company shall during the subsistence of this Agreement provide a cash allowance to be determined from time to time in accordance with the Company’s car policy, or shall provide subject to the terms of such policy free of charge a motor car for the use of the Executive, of such type appropriate in the opinion of the Company to the Executive’s status but of no less value than the motor car provided by the Company for use by the Executive at the date hereof, to enable him to perform his duties hereunder properly and efficiently and shall keep it taxed and insured for use by the Executive and those authorised by the Company. The provisions of Schedule 7 shall apply in relation to any motor car provided by the Company under this clause. The Executive shall not use such car in breach of any legal or contractual requirements as to insurance, road tax, the condition of such car or otherwise.
