RELOCATION AND MOVING EXPENSE Sample Clauses

RELOCATION AND MOVING EXPENSE. During the duration of this employment contract it is mutually understood that Executive may be required to relocate his personal residence to effectively manage and operate the Company. In such an event, the company will pay for the consequential costs of temporary housing in such a place required to conduct Company business. Upon relocation, the Company shall pay for reasonable expenses incurred in connection with the relocation from Executive's current home to his new home ("Moving Expenses"). Specifically included will be the cost of movers for personal property, customary travel allowance, and up to an additional two weeks of paid personal time off to settle affairs associated with relocation and the interruption of schedule. In addition, Executive will be given a cash payment in an amount equal to 10% of current annual salary as compensation for incidentals and inconveniences associated with such relocation. To the extent that such Relocation Expenses hereunder are subject to income taxes payable by you, the Company shall pay you an amount to reimburse for such income taxes due ("gross-up"). The Company shall promptly reimburse for Moving and Relocation Expenses upon submission of documentation (including receipts and invoices) supporting the expenses for which claims will be reimbursed. You agree to cooperate with the Company so as to obtain favorable rates for the costs and services for which the Company shall reimburse. The Company agrees that it will act reasonably in approving and reimbursing you for the Relocation and Moving Expenses.
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Related to RELOCATION AND MOVING EXPENSE

  • Moving Expenses Reimbursements and procedures will be in accordance with the Department of Administrative Services, Chief Human Resource Office Policy 40.055.10, and its successors. Changes in this policy will be automatically incorporated into this contract Article.

  • Living Expenses You will normally live in Oxford while you are a Matriculated Non-Award Student and will need to pay for your living costs such as food, accommodation, and personal items, unless this is being covered by your home institution.

  • Relocation Expenses ‌ 9.5.1 Relocation expenses shall be paid when a kaimahi normal place of work is moved to a location out of the local area and the kaimahi elects to relocate within 12 months of the change of workplace. 9.5.2 Kaimahi shall be paid actual and reasonable costs of relocation, such costs to include: a) provision of temporary accommodation pending acquisition of permanent accommodation, for up to three months. b) packing, freight and storage of furniture and personal effects. c) travel costs for the kaimahi immediate family and other dependent members of the household. d) legal fees and land agents’ commission in respect of both the sale of a home at the former location and the purchase of a home at the new location (home shall include land purchased for the purpose of building a house). e) any penalty attached to the early repayment of the mortgage. 9.5.3 Where relocation expenses are paid the maximum payment shall be $25,000. 9.5.4 In any case other than specified in sub-clause (a) a payment towards relocation expenses may be made by agreement at the time of making the appointment. 9.5.5 Clause 9.5.3 does not apply to kaimahi based at the former Otago division whose provisions are laid out in the applicable schedule; or to TOPNZ who have no entitlement to relocation expenses.

  • 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.

  • Relocation A. Landlord, at any time during the Extension Term, shall have the right to relocate Tenant from the Leased Premises (for purposes of this Section, the “Old Premises”) to other space in Landlord’s downtown Kalamazoo portfolio (such other space being referred to as the “New Premises”) (the “Relocation Option”). B. Landlord shall have the right to exercise the Relocation Option only by giving notice thereof (the “Relocation Notice”) to Tenant not later than ninety (90) days before the date that the relocation becomes effective (the “Relocation Date”). A Relocation Notice shall not be effective unless Landlord includes therewith a floor plan identifying the New Premises. The New Premises shall (i) be comprised of rentable area equal to or greater than the rentable area of the Old Premises, (ii) be similar in configuration to the Old Premises, and (iii) be within a 3 block radius of the Old Premises. In no event shall the monthly rental amount increase if the New Premises is comprised of a rentable area greater than the rentable area of the Old Premises. Landlord, at Landlord’s expense, shall construct in the New Premises, not later than the Relocation Date, an interior installation that is as comparable as reasonably practicable to the interior installation that then exists in the Old Premises. C. Tenant shall cooperate reasonably with Landlord in connection with Landlord’s designing and performing the construction of such interior installation in the New Premises. Tenant shall vacate the Old Premises and surrender vacant and exclusive possession of the Old Premises to Landlord on or before the Relocation Date, provided that Landlord has theretofore delivered vacant and exclusive possession of the New Premises to Tenant. Landlord shall reimburse Tenant for any reasonable moving expenses and for any other reasonable costs and expenses incurred by Tenant in so relocating to the New Premises from the Old Premises, within thirty (30) days after Tenant’s request therefor and Tenant’s submission to Landlord of reasonable supporting documentation therefor. D. From and after the Relocation Date, all references to the Premises herein shall mean the New Premises rather than the Old Premises.