Relocation and Moving Expenses. To partially offset closing costs, legal fees, and other onetime relocation expenses, the District will reimburse the Superintendent, in an amount equal to three percent (3%) of her annual salary, plus the actual costs for moving company services up to a cap of the average of three bona fide moving estimates from moving companies. Such reimbursement is a onetime payment to be made after a move is completed and it shall be made only if the Superintendent’s relocation is to reside within the boundaries of the District. This provision will expire on June 30, 2024. To the extent such payments are taxable, the parties shall comply with any applicable IRS regulations for appropriate withholdings. Such payments herein shall not be PSERs eligible payments.
Relocation and Moving Expenses. During the eighteen month period following the Company’s initial Public Offering and for so long as Executive continues in the employment of the Company, at his election to relocate to Orange County, California, the Company will pay for (i) up to 2 round-trip airfares for Executive’s immediate family to come to Orange County to participate in identifying a home in Orange County (the “New Home”) and (ii) the consequential costs of selling Executive’s home in Massachusetts (the “Current Home”) including brokers’ fees, closing costs, title insurance, and other incidental customary closing costs (the “Relocation Expenses”). In addition, upon such election to relocate the Company shall pay for Executive’s reasonable moving expenses in connection with Executive’s relocation from Executive’s Current Home to Executive’s New Home, specifically the cost of movers for Executive’s personal property including up to two automobiles (the “Moving Expenses”). To the extent that such Relocation Expenses hereunder are subject to income taxes payable by Executive, the Company shall pay Executive an amount to reimburse Executive for such income taxes due on a gross-up basis. The Company shall promptly reimburse Executive for Moving and Relocation Expenses upon Executive’s submission of documentation (including receipts and invoices) supporting the expenses for which Executive claims reimbursement. Executive agrees to cooperate with the Company so as to obtain favorable rates for the costs and services for which the Company shall reimburse Executive. The Company agrees that it will act reasonably in approving and reimbursing Executive for the Relocation and Moving Expenses.
Relocation and Moving Expenses. During the six (6)-month period beginning on the Effective Date, the Company shall pay Executive a cash stipend of $25,000 per month to cover transitional relocation expenses, such as housing (including apartment rental), travel and other similar expenses. In addition, the Company shall reimburse Executive for reasonable moving expenses incurred by Executive and his family during their relocation from Executive’s primary residence to the Company’s headquarters, such reimbursement to be in accordance with the Company’s relocation policy.
Relocation and Moving Expenses. The Company will provide you a $10,000 payment to cover relocation and moving expenses, to be paid within 30 days following execution of the contemplated employed agreement.
Relocation and Moving Expenses. Itron shall pay or reimburse Executive for the following expenses incurred by Executive in connection with his relocation to the Spokane, Washington area:
Relocation and Moving Expenses. Company shall reimburse Executive for all reasonable expenses associated with the sale of Executive's residence in Oklahoma City, Oklahoma and all reasonable moving costs or other expenses associated with the relocation of Executive's residence to the Houston, Texas metropolitan area. For the period (the "Commuting Period") beginning with the Effective Date and ending on the earlier of (i) the date Executive sells his principal residence in Oklahoma City, Oklahoma or (ii) the first anniversary of the Effective Date, Company shall, at its sole cost and expense, provide Executive with a furnished apartment in the Houston, Texas metropolitan area, which apartment shall be mutually agreeable to Company and Executive and shall have electricity, local phone service, basic cable television service, and weekly maid service. Further, during the Commuting Period, Company shall (A) reimburse Executive for the reasonable costs of his transportation between Oklahoma City and Houston and (B) reimburse Executive for his transportation expenses incurred within Houston or, at the request of Executive, provide him with an automobile for his use within Houston.
Relocation and Moving Expenses. The Company shall reimburse you for reasonable moving expenses incurred by you and your family during your relocation from your primary residence to the Company's headquarters, such reimbursement to be in accordance with the Company's relocation policy, as described in the Attachment; provided, notwithstanding the terms of the Company's relocation policy, you also may use all or any part of the $30,000 described in the Attachment under “Home Purchasing Closing Costs” to pay commission expenses to a real estate broker with respect to the sale of your current residence, but the total amount of reimbursements under this section with respect the purchase of your new house and the sale of your current house may not exceed $30,000. Should you voluntarily resign or be terminated for cause within twelve months of the effective date of your relocation, you will be required to repay 100% of the relocation costs. Severance Should your employment be involuntarily terminated by the Company, such that you incur a separation from service (within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder (“Section 409A”)) other than for “Cause” (as defined below), you will be eligible to receive the following severance benefits: Termination without Cause: • Lump sum cash payment equal to your annual base salary in effect on the date of termination, which will be paid within 10 days after the expiration of the 7-day revocation period applicable to your general release (described below), and in no event later than March 15 of the calendar year following the calendar year in which your employment terminates; • Acceleration of the vesting for all then-unvested RSUs in the “new hire equity grant” referred to above that would otherwise have vested during the 12-month period commencing on the date your employment terminates (currently anticipated to represent 112,500 shares if the date of termination is within four years of the date of grant); and, to the extent such awards are exempt from Section 409A or Section 409A permits, acceleration of the payment of such awards to the same payment date as prescribed for the lump sum cash payments immediately above or such earlier date as prescribed under the terms of such awards; and • COBRA subsidy for the first twelve (12) months following the month of termination, such that you will continue to pay the same monthly amount for group health plan coverage for you and your elig...
Relocation and Moving Expenses. The Company shall reimburse the Executive for reasonable moving expenses incurred by the Executive and his family with respect to their relocation from the Executive’s primary residence to the Company’s current headquarters, such reimbursement in all other respects to be in accordance with the Company’s relocation policy (but without regard to any limitation on when such expenses must be incurred in order to be reimbursable) and applicable law. In addition, for a maximum of one year commencing with the Effective Date, the Company shall reimburse the Executive for the reasonable costs incurred by him for temporary housing in the area of the Company’s headquarters in a manner consistent with the Company’s relocation policy.
Relocation and Moving Expenses. The Executive will receive reimbursement from the Company of up to Thirty Thousand Dollars ($30,000) for costs and expenses associated with Executive’s relocation to Las Vegas, Nevada. Acceptable reimbursable costs and expenses include (i) customary commission costs incurred related to the sale of Executive’s primary residence, (ii) reasonable expenses associated with relocation of the contents of Executive’s primary residence (including packing, shipping and insuring said contents), (iii) reasonable travel expenses for appropriate transportation of Executive and Executive’s family associated with Executive’s relocation to Las Vegas, Nevada, (iv) temporary housing for up to three (3) months, beginning on the date of Executive’s hire, and (v) storage of Executive’s household goods for up to six (6) months, beginning on the date of Executive’s hire. Any reimbursement of expenses payable under this Agreement shall be made in accordance with Treasury Regulation Section 1.409A-3(i)(1)(iv) and shall be paid promptly following Executive’s proper request therefor, and in any event on or before the last day of the Executive's taxable year following the taxable year in which the Executive incurred the expenses.
Relocation and Moving Expenses. The Company shall pay or reimburse Executive for the following expenses incurred by Executive in connection with his relocation to the Spokane, Washington area:
