Moving and Related Expenses Sample Clauses

Moving and Related Expenses. Employer shall reimburse Executive, on a grossed up basis when applicable (i.e. so there is no after tax loss effect on Executive), for all of his expenses and costs incurred in connection with Executive and his immediate family's move of their primary residence from McLean, Virginia to the Los Angeles area. Such expenses and costs shall include but are not limited to moving and packing services, brokerage, closing and related costs on the sale of Executive's current home, all closing and related costs on the purchase of Executive's Los Angeles home and all costs and expenses incurred in connection with Executive's and his family's relocation. Employer shall reimburse Executive for the actual out of pocket loss incurred by Executive on replacing lost memberships to various organizations in the XxXxxx Xxxxxxx area, which shall in any event not exceed $75,000.
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Moving and Related Expenses. The actual reasonable and necessary moving and related expenses which are subject to reimbursement to Eligible Displaced Persons under the Relocation Assistance Act or Relocation Policy incorporated into and made a part of the Relocation Plan include the following:
Moving and Related Expenses. Following the execution of this Agreement, the Company will pay to the Executive the sum of $60,000 to cover moving, relocation and related expenses for himself and his household (the “Relocation Reimbursement”). Following the calculation of Executive’s taxes for tax year 2015, Executive shall provide the Company with a statement, in reasonable detail (the “Tax Statement”), showing the net income tax payable by the Executive in connection with his receipt of the Relocation Reimbursement for such tax year (the “Additional Tax Liability”). As soon as practicable after the Company and Executive have reached agreement on the final calculation of the amount thereof, but in no event later than 60 days after Company’s receipt of the Tax Statement, the Company shall provide Executive with an additional payment to "gross up" Executive for the Additional Tax Liability so that on an after-tax basis Executive receives an amount equal to the Additional Tax Liability during the 2016 tax year.
Moving and Related Expenses. The Company shall reimburse the Executive for reasonable moving and related expenses associated with the Executive's relocation to the Coral Springs, Florida area, provided such expenses are incurred and accounted for in accordance with the policies and procedures established by the Company, as follows: (i) reasonable realtor fees incurred in selling the Executive's house in Oregon; (ii) moving expenses for the Executive's household items; (iii) travel expenses in transporting the Executive and his immediate family to Florida; and (iv) a lump sum payment of $15,000 for living and miscellaneous expenses associated with the relocation. Reimbursements under subsections (i), (ii) and (iii) of this Section shall be paid within ten (10) days of the Executive providing the Company with documentation in a form reasonably satisfactory to the Company; the payment provided for in subsection (iv) shall be made to the Executive within 15 days of relocation to Florida. All amounts paid to the Executive under this Section 4(d) shall be grossed up as necessary to compensate the Executive for any taxes incurred by Executive with respect to the receipt of the same.

Related to Moving and Related Expenses

  • Relocation Expenses 19841 Provides relocation expenses for involuntary transfer or promotion requiring a change in residence.

  • Relocation Costs If relocation occurs after the Commencement Date, then Landlord shall pay Tenant's reasonable third-party costs of moving Tenant's furnishings, telephone and computer wiring, and other property to the Substitute Premises, and reasonable printing costs associated with the change of address.

  • Expense Payments and Reimbursements The Bank will reimburse Executive for all reasonable out-of-pocket business expenses incurred in connection with his services under this Agreement upon substantiation of such expenses in accordance with applicable policies of the Bank.

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

  • Compensation and Expense Reimbursement A. Client will pay the Company, as compensation for the services provided for in this Agreement and as reimbursement for expenses incurred by Company on Client's behalf, in the manner set forth in Schedule A annexed to this Agreement which Schedule is incorporated herein by reference.

  • Travel Expenses CONTRACTOR shall not be allowed or paid travel expenses unless set forth in this Agreement.

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

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