Relocation and Temporary Housing Expenses Sample Clauses

Relocation and Temporary Housing Expenses. (a) Uniiife shall pay Xxxxxxx $100,000 (the “Relocation Payment”), to assist Xxxxxxx in paying Xxxxxxx’x relocation expenses associated with his move to Pennsylvania in connection with his employment by Uniiife. The Relocation Payment will be paid in a lump sum to him on or before July 7, 2010. If Xxxxxxx incurs actual, reasonable and customary relocation expenses during the first year of his employment that exceed $100,000 (for items such as closing costs relating to the sale of Xxxxxxx’x current house, payment for moving Xxxxxxx’x household goods to Pennsylvania, including packing, unpacking, and insurance, storage of Xxxxxxx’x household goods for a maximum of six months while Xxxxxxx and his family are in temporary housing, and the cost of moving up to two vehicles) (“Excess Relocation Expenses”), he may provide the Chief Executive Officer with documentation of such Excess Relocation Expenses, and the Chief Executive Officer may elect, in his discretion, to reimburse Xxxxxxx for all or part of such Excess Relocation Expenses. In addition to the Relocation Payment and Excess Relocation Expenses, Unilife will reimburse Xxxxxxx for the reasonable cost of temporary housing in Pennsylvania for up to six months and will reimburse Xxxxxxx for the reasonable expenses associated with two house-hunting trips by Xxxxxxx and his spouse. Reimbursement of such costs and expenses will be made upon the request of Xxxxxxx, subject to Xxxxxxx’x providing reasonable documentation of the reimbursable costs and expenses.
AutoNDA by SimpleDocs
Relocation and Temporary Housing Expenses. The Company will pay Executive’s reasonable relocation costs, up to a maximum of $30,000.00. In addition, the Company will pay Executive’s reasonable costs for temporary housing for the period from April 1, 2013 through September 30, 2013, which amount shall be subject to approval by the Company’s Chief Executive Officer prior to being incurred by Executive. All relocation and housing expenses must be appropriately documented and shall be filed separately from other reimbursable expenses described in Section 5 below and in accordance with the Company’s policies related thereto or submitted directly to the Company’s Chief Executive Officer for approval and further handling.
Relocation and Temporary Housing Expenses. Company shall pay Employee Fifty Thousand Dollars ($50,000), grossed-up at a mutually agreed assumed tax rate of Forty Percent (40%) for a total payment of Seventy Thousand Dollars ($70,000) (the “Relocation Payment”), to reimburse Employee for Employee’s relocation expenses associated with his move to Wisconsin in connection with his employment by the Company. The Relocation Payment will be paid on August 3, 2009. If Employee incurs actual, reasonable and customary relocation expenses during the first year of his employment that exceed Fifty Thousand Dollars ($50,000) (for items such as closing costs relating to the sale of Employee’s current house, payment for moving Employee’s household goods to Wisconsin, including packing, unpacking, and insurance, storage of Employee’s household goods for a maximum of six (6) months while Employee and his family are in temporary housing, and the cost of moving up to two vehicles) (“Excess Relocation Expenses”), he may provide the CEO with documentation of such Excess Relocation Expenses, and the CEO may elect, in his discretion, to reimburse Employee for all or part of such Excess Relocation Expenses. In addition to the Relocation Payment and Excess Relocation Expenses, Company will reimburse Employee for the reasonable cost of temporary housing in Wisconsin for up to three (3) months and will reimburse Employee for the reasonable expenses associated with two (2) house-hunting trips by Employee and his spouse. Reimbursement of such costs and expenses will be made upon the request of the Employee, subject to Employee’s providing reasonable documentation of the reimbursable costs and expenses. Employee agrees that if Employee terminates his employment with the Company without Good Reason (as defined below), or if the Company terminates Employee’s employment for Cause (as defined below), at any time before August 1, 2010, Employee shall repay all payments made to him pursuant to this Section 4.5 (including without limitation the Relocation Payment) within thirty (30) days of the effective date of his termination. Employee further agrees that if Employee fails to relocate his primary residence to Wisconsin by August 1, 2010, he shall, on August 2, 2010, repay the Relocation Payment. Any taxes payable with respect to the payments made by the Company to Employee pursuant to this Section 4.5, including without limitation the Relocation Payment, shall be the sole responsibility of Employee, and the Company will follow federa...
Relocation and Temporary Housing Expenses. In connection with the performance of the Executive’s services hereunder: The Company shall reimburse the Executive for the reasonable temporary housing costs incurred by the Executive during the period following the Commencement Date while the Executive is working out of the Company’s Orlando, Florida offices. Unless otherwise mutually agreed by the parties hereto, within three months following the Commencement Date, the Executive will be required to permanently relocate to a location near the Company’s principal office in Las Vegas, Nevada. Subject to the submission of properly documented receipts and the terms of the Company’s relocation program, the Company shall reimburse the Executive for the reasonable costs incurred by the Executive in connection with his relocation from Los Angeles, California to the greater Las Vegas, Nevada area; provided that such reimbursement shall not exceed $10,000. Notwithstanding the foregoing, in the event the Executive terminates his employment with the Company pursuant to Section 6(e) herein prior to the first anniversary of the Commencement Date, the Executive agrees to pay to the Company in a single lump sum upon demand by the Company, the amount paid to the Executive pursuant to this Section 3(e), multiplied by the ratio of (A) the number of days during the period beginning on the Termination Date (as defined in Section 6(h) and ending on the one year anniversary of the Commencement Date, and (B) 365.
Relocation and Temporary Housing Expenses. (a) Unilife will provide Xxxxxx with or reimburse Xxxxxx for the reasonable cost of local housing in a three-bedroom apartment or townhouse for him and his family during the initial term of this agreement. This local housing allowance would include rent and utilities up to $2500 per month. In the event that Xxxxxx wishes to relocate his family to Pennsylvania, Unilife will assist Xxxxxx by paying Mojdeh’s reasonable relocation expenses, in accordance with Unilife’s policies, (the Relocation Payment”) associated with his move to Pennsylvania in connection with his employment by Unilife. This Relocation Payment would be in lieu of and not in addition to the local housing allowance provided above. Unilife will reimburse Xxxxxx for the reasonable expenses associated with two house-hunting trips by Xxxxxx and his spouse. Reimbursement of such house-hunting costs and expenses will be made upon the request of Xxxxxx, subject to Mojdeh’s providing reasonable documentation of the reimbursable costs and expenses.
Relocation and Temporary Housing Expenses. (a) Unilife will provide Xxxxxx with local temporary housing and a car allowance until such time that Xxxxxx relocates to Pennsylvania. If Xxxxxx wishes to relocate his family to Pennsylvania in connection with his employment by Unilife, Unilife will assist Xxxxxx by paying or reimbursing Mojdeh’s reasonable relocation expenses in accordance with Unilife’s written relocation policies and Section 409A of the Internal Revenue Code of 1986, as amended (“Code section 409A”). Unilife will also reimburse Xxxxxx for the reasonable expenses associated with two house-hunting trips by Xxxxxx and his spouse. Reimbursement of such house-hunting costs and relocation expenses will be made upon the request of Xxxxxx, subject to Mojdeh’s providing reasonable documentation of the reimbursable costs and expenses.
Relocation and Temporary Housing Expenses. The Company will pay Executive’s reasonable relocation costs, including: (1) two scouting trips to locate a new residence in the area of Executive’s new work location, which includes round-trip airfare for Executive and his spouse, a rental car, hotel accommodations (up to 5 nights), and three meals a day (up to $65 per day), (2) one-way airfare at the time of Executive’s relocation for him, his spouse, and children (if applicable, and living at home at the time of such move) and (3) one rental car for use until the arrival of Executive’s automobile. In addition, the Company will pay Executive’s reasonable costs for temporary housing at a Company designated site for a period of six months, commencing on the Effective Date, which amount shall be subject to approval by the Company’s Chief Executive Officer prior to being incurred by Executive. All travel arrangements must be made through the Company’s approved travel agency. All relocation and housing expenses must be appropriately documented and shall be filed separately from other reimbursable expenses described in Section 5 below and in accordance with the Company’s policies related thereto or submitted directly to the Company’s Chief Executive Officer for approval and further handling.
AutoNDA by SimpleDocs
Relocation and Temporary Housing Expenses. In connection with the performance of the Executive’s services hereunder:
Relocation and Temporary Housing Expenses. In connection with the Executive’s relocation of his principal residence from the Seattle, Washington area to reasonable commuting distance of the Company’s offices in Youngsville, North Carolina, the Company will provide the following:
Relocation and Temporary Housing Expenses. The Bank will pay to the Executive by way of additional compensation, an amount equal to the aggregate of all reasonable costs and expenses (including, but not limited to, real estate commissions, moving expenses and temporary storage) incurred by the Executive in relocating to Santa Rosa, California from his current residence in Orinda, California plus an amount equal to 45 per cent of the aggregate of those such costs and expenses the reimbursement of which constitutes taxable income to the Executive. Such payments shall be made on a monthly basis subject to production of appropriate vouchers and receipts in accordance with the Bank's policies and procedures. In addition, the Bank will pay to the Executive a temporary housing allowance of [$1,800] per month for the first seven (7) months of his employment, such payments to be included as part of his regular payroll check.
Time is Money Join Law Insider Premium to draft better contracts faster.