Common use of Moving Expense Clause in Contracts

Moving Expense. When it is deemed necessary by the Company and the employee agrees to move to a new residence, the Company shall furnish an insured carrier in the moving business to transport the employee's household articles, furniture and such personal effects as may be necessary to be packed with the household articles and furniture to the new address. In the event that such employee cannot immediately find a suitable location to which to move his/her family, the Company will pay only the employee’s individual reasonable living expenses at his/her new headquarters for a period not to exceed fourteen (14) calendar days. The section above will only apply when an employee’s headquarters is changed at the request of the Company. That is, when an employee initiates a change of headquarters under the provisions of an applicable Local Agreement, the Company will not be required to pay either moving or living expenses.