Common use of Perquisite Allowance Clause in Contracts

Perquisite Allowance. The Company will pay to the Executive a perquisite allowance equal to $25,000 per year during the Term (the “Perquisite Allowance”), to cover the costs of leasing, insuring and maintaining an automobile and other travel expenses, professional dues as well as other perquisites, to be paid in accordance with the Company’s normal payroll practices.

Appears in 2 contracts

Samples: Employment Agreement (MDC Partners Inc), Employment Agreement (MDC Partners Inc)

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Perquisite Allowance. The During the Term, the Company will pay to also provide the Executive with a monthly perquisite allowance equal to $25,000 18,000 per year during the Term month (the “Perquisite Allowance”), to cover the costs of leasing, insuring and maintaining an automobile and other travel expensesautomobile, professional dues dues, as well as other perquisitesperquisites (including club dues), to be paid in accordance with the Company’s normal payroll practices.

Appears in 1 contract

Samples: Employment Agreement (MDC Partners Inc)

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Perquisite Allowance. The Company will pay to the Executive a perquisite allowance equal to $25,000 5,000 per year month during the Term (the “Perquisite Allowance”), to cover the costs of leasing, insuring and maintaining an automobile and other travel expenses, professional dues as well as other perquisites, to be paid in accordance with the Company’s normal payroll practices.

Appears in 1 contract

Samples: Employment Agreement (MDC Partners Inc)

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