Relocation cost Sample Clauses
Relocation cost. Relocation cost for employees to locations from which the Joint operation is carried out. Relocation cost back to the place from where the employee was moved, except when, according to normal practice, such relocation cost will be attributable to other Joint Operations. Such cost shall include transportation of employees' families and their personal effects and all other relocation cost in accordance with the Operator's normal practice.
Relocation cost. Relocation costs billable as Direct Costs shall include, on a one-time basis under this Agreement, all relocation costs for the MCM and for personnel reporting directly to the MCM who are moved to the area served by the Authority Commuter Railroad Operations to provide Services pursuant to this Agreement, if Authority Contract Manager has approved, in advance, both the employee and the relocation for this purpose. All relocation costs reimbursable by Authority shall be incurred and shall be reimbursed in amounts that are consistent with Contractor’s relocation policy as previously authorized by Authority Contract Manager in the Contractor’s Mobilization Plan. The relocation cost reimbursement will be made in thirty-six (36) equal monthly payments beginning the month after any employee begins work on the Service Property.
Relocation cost. The Company agrees to cover certain costs you and your family will incur in relocating to Winston-Salem, North Carolina. These costs are to be itemized and estimated on the attached worksheet, incorporated into this agreement as Exhibit A. A significant portion of these expenses will be paid to you in a lump sum in advance. You hereby agree to provide documentation of these expenses to the Company and a final reconciliation of these costs will be conducted once all costs have been incurred. Following this final reconciliation, the Company will also pay to you a one-time payment to reimburse you for taxes payable on these relocation expenses. This payment will equal 55 percent of the total taxable income to you related to funds paid to you in reimbursement of relocation related costs and it is agreed by both parties that all efforts will be made to reduce the taxable income to you to the maximum extent permissible under law and IRS Code provisions. This payment will equal 65 percent of the total taxable income to you with respect to such funds as are determined to be taxable by the State of North Carolina as well as by the IRS.
Relocation cost. Company shall pay the reasonable relocation costs of Executive. These relocation costs shall include moving expenses for Executive, his family and their belongings and any cost incident to the sale of Executive's previous primary residence.