Common use of Relocation Bonus Clause in Contracts

Relocation Bonus. Executive shall commence working full-time at Employer’s headquarters office no later than July 19, 2010. Employer will pay on Executive’s behalf relocation expenses in accordance with Employer’s relocation policy (“Relocation Policy”) in an amount up to Fifty Thousand Dollars (US$50,000.00) (“Relocation Expenses”), subject to Employer’s customary payroll practices and legal requirements regarding withholding. Executive shall submit promptly to Employer invoices, but in any event no later than two weeks prior to any due date for such invoices, for actual incurred Relocation Expenses, and Employer shall remit payment for such Relocation Expenses in accordance with its standard accounts payable practices, but in any event no later than the due date of the invoice. “Relocation Expenses” shall include, inter alia, the cost of Employer and her household’s relocation to the Dallas/Ft. Worth metroplex, but does include payment of commissions, points or other costs associated with buying or selling a home. Included as Relocation Expenses, and until Executive relocates, Employer will furnish to Executive and her household temporary housing pursuant to the Relocation Policy and reimbursement of the cost of travel of Executive and her household between New York, New York and Dallas, Texas. Included as Relocation Expenses, and prior to full relocation, Employer also will reimburse Executive for the cost of an automobile rental for the time the Executive is in Texas. For avoidance of doubt, any business travel required by Executive’s employer prior to the date of relocation shall not be included in the calculation of, nor allocated to, Relocation Expenses.

Relocation Bonus. Executive shall commence working full-time at Employer’s headquarters office no later than July 19September 29, 20102009. Employer will pay on Executive’s behalf relocation expenses in accordance with Employer’s standard relocation policy (“Relocation Policy”) in an amount up to Fifty One Hundred Twenty-five Thousand Dollars (US$50,000.00125,000.00) (“Relocation Expenses”), subject to Employer’s customary payroll practices and legal requirements regarding withholding. Executive shall submit promptly to Employer invoices, but in any event no later than two weeks prior to any due date for such invoices, for actual incurred Relocation Expenses, and Employer shall remit payment for such Relocation Expenses in accordance with its standard accounts payable practices, but in any event no later than the due date of the invoice. “Relocation Expenses” Expenses “ shall include, inter alia, the cost of Employer and her householdhis family’s relocation to the Dallas/Ft. Worth metroplex, but does include payment of commissions, points or other costs associated with buying or selling a home. Included as Relocation Expenses, and until Until Executive relocates, Employer will furnish to Executive (i) rent a furnished two bedroom apartment within proximity of the office in Carrollton for his use and her household temporary housing pursuant to the Relocation Policy and reimbursement of (ii) reimburse the cost of travel of Executive and her household his spouse between New YorkSeattle, New York Washington, and Dallas, Texas, in accordance with Employer’s standard travel policy. Included as Relocation ExpensesGiven that trips to the headquarters office can be scheduled, Executive and prior his spouse shall use commercially reasonable efforts to full relocation, take advantage of reduced airfares. Employer also will reimburse Executive for prior to relocation the cost of an automobile rental for the time the Executive is in Texas. For avoidance of doubt, any business travel required by Executive’s employer prior to the date of relocation shall not be included in the calculation of, nor allocated to, Relocation Expenses.Carrollton