Relocation and Temporary Living Expenses. (1) Contingent upon and following the Executive’s receipt of the Approvals, the Company will provide the Executive with the following:
Relocation and Temporary Living Expenses. The Company will pay (or, at your election, reimburse you for) all reasonable and customary relocation expenses associated with your relocation from Rhode Island to the Louisville area, on terms and conditions no less favorable to you than those applicable as of the Start Date to the relocation of Kindred senior executives generally. Such reimbursed expenses will also include up to three (3) house hunting trips and visits to the Kentucky area for you and your family, packing and moving of your and your family’s personal items and reasonable transaction expenses associated with the sale of your current residence in Rhode Island. In addition, the Company will pay (or, at your election, reimburse you for) all costs of commuting and temporary accommodations you reasonably incur before the earlier of (x) the date of relocation of your household to the Louisville area and (y) the seven month anniversary of the Closing. The Company will provide you with a full gross-up for applicable taxes, if any, payable in connection with the payment (or reimbursement) of such commuting, temporary living and relocation expenses.
Relocation and Temporary Living Expenses. 4.7.1 Upon submission of appropriate receipts, all reasonable relocation and temporary living expenses, up to a maximum of $125,000, incurred by Executive will be reimbursed by the Company including (but not limited to): relocation assistance fees, realtor and closing costs on the sale of Executive’s primary residence and purchase of a primary residence in North Carolina, traveling to and from RTP until residence is relocated, three family house hunting trips for the Executive and actual moving date, trucking/moving expenses, temporary quarters and car rental until relocated, storage and other reasonable expenses incurred in the normal course of relocation. Taxable relocation expenses will be grossed up to cover Executive’s federal and state income tax liability. In the event Executive is terminated under provision 5.1 within the first two years of employment, Executive must repay to the Company promptly upon termination all such expenses incurred by the Company on a prorated basis relative to the fraction of time employed in the two year period after the Effective Date.
Relocation and Temporary Living Expenses. Employee shall be entitled to receive reimbursement of relocation expenses in accordance with the terms and conditions of the Company’s executive relocation package. Additionally, Employee shall be entitled to receive reimbursement for temporary living expenses, personal travel expenses, and other related expenses as incurred by Employee pending Employee’s permanent relocation to Atlanta, Georgia. The total amount of temporary living expenses to be reimbursed shall not exceed One Hundred Fifty Thousand Dollars ($150,000). Employee shall be grossed up in order to pay all federal, state and local income tax and social security and other employment tax on the reimbursed amounts.
Relocation and Temporary Living Expenses. Company will reimburse Employee up to a maximum amount of thirty thousand dollars ($30,000) for actual living expenses in the Bothell area, reasonable expenses related to moving his family and possessions to the Bothell area from both Utah and New Jersey, trips for Employee and his spouse to assist with relocation, and replacement of furniture and other household items that Employee decides not to move to the Bothell area. Payment shall be made upon receipt of documentation for actual expenses.
Relocation and Temporary Living Expenses. The Corporation shall pay all expenses reasonably incurred by the Employee in relocating his family to Pittsburgh, Pennsylvania, including normal closing costs, normal and customary real estate commissions on the sale of his house, moving expenses, the cost of three (3) trips to Pittsburgh for his wife and other family members residing at home to look for housing, plus Ten Thousand Dollars ($10,000.00) to cover incidental moving expenses. In addition, for a period of up to twelve (12) months, the Corporation shall reimburse the Employee for his properly reported temporary housing expenses and travel expenses provided that such expenses shall not exceed [Two Thousand Dollars ($2000) per month].
Relocation and Temporary Living Expenses. Broadcom Corporation provides relocation benefits to support and assist relocating employees. Relocation benefits are designed to minimize, to the extent feasible, the expenses new employees may incur when relocating to a new area, as well as the frustration of move logistics. Broadcom's policy was developed to help defray expenses; however, it is not intended to reimburse each and every expense related to the move. Benefits are not to be considered guaranteed. Specific relocation benefits are administered based on an employee's job level. Based on the position being offered to you, you are eligible for Tier 4 relocation benefits as outlined in the enclosed Relocation Assistance – Tier 4 (U.S./Canada) policy. Please be aware that some relocation benefits will constitute taxable income under IRS guidelines, for which you will be additionally reimbursed in an amount equal to income and employment tax liability on such benefits (as well as amounts necessary to reimburse you for any income and employment taxes on such reimbursement payments). These items will be subject to withholding taxes and added to your W-2 earnings at year-end. In addition, any reimbursements (whether payable in cash or in kind) to which you become entitled in any calendar year in accordance with such policy or otherwise from Broadcom will not reduce the amounts eligible for reimbursement (or available in-kind benefits) in any other calendar year. In no event, however, will any expense be reimbursed after the close of the calendar year following the calendar year in which that expense is incurred. In addition, no cash or other benefit will be given in lieu of any reimbursable expenses or benefits that you do not utilize under the policy or otherwise.
Relocation and Temporary Living Expenses. Broadcom Corporation provides relocation benefits to support and assist relocating employees. Relocation benefits are designed to minimize, to the extent feasible, the expenses new employees may incur when relocating to a new area, as well as the frustration of move logistics. Broadcom’s policy was developed to help defray expenses; however, it is not intended to reimburse each and every expense related to the move. Benefits are not to be considered guaranteed or that cash or another benefit will be given in lieu of relocation benefits that are not utilized. Specific relocation benefits are administered based on an employee’s job level as determined by their supervisor. Based on the position being offered to you, you are eligible for Tier 4 relocation benefits as outlined in your Relocation Assistance – Tier 4 (U.S./Canada) policy, enclosed. Please be aware that some relocation benefits are considered as taxable income under IRS guidelines. These items will be added to your W-2 earnings at year-end.
Relocation and Temporary Living Expenses. The Company shall reimburse Executive in accordance with the Company's Relocation Policy (the "Relocation Policy") a copy of which has been provided to Executive. The Company also will reimburse Executive (a) for temporary living costs during the Initial Term, not to exceed Five Thousand Dollars ($5,000) per month, and (b) for up to one round-trip coach fare a week during the Initial Term for either Executive or Executive's spouse to travel between San Francisco and Austin (collectively "Temporary Living Expenses"). In the event that any Temporary Living Expenses to be reimbursed by the Company hereunder are considered taxable income to Executive in the year received, Company agrees to pay Executive an additional payment (the "Gross-Up Payment") such that the net amount received by Executive for such Temporary Living Expenses pursuant to this Section 1.4.6, after paying any applicable federal or state income tax on the Temporary Living Expenses and the Gross-up Payment, shall be equal to the amount that Executive would have received if the Temporary Living Expenses were not taxable to the Executive.
Relocation and Temporary Living Expenses. Upon submission of appropriate receipts, all reasonable relocation expenses, up to a maximum prior to gross-up of $150,000, incurred by Executive will be reimbursed by the Company including (but not limited to): relocation assistance fees, realtor and closing costs on the sale of Executive’s primary residence and purchase of a primary residence in North Carolina, three family house hunting trips for the Executive and actual moving date, trucking/moving expenses, and car rental until relocated, storage and other reasonable expenses incurred in the normal course of relocation (“Relocation Expenses”). In addition, Executive will be reimbursed by the Company for travel expenses and reasonable temporary quarters until relocated (“Temporary Living Expenses”). Taxable Relocation Expenses and Temporary Living Expenses will be grossed up to cover Executive’s federal and state income tax liability. In any event, the Executive shall apply for all reimbursements hereunder for a particular calendar year not later than forty-five (45) days after it ends, and payment shall occur not later than two and one-half months after the end of the calendar year to which the reimbursable expenses relate.
