Relocation Program. “Relocation Program” means the Cinergy Corp. Relocation Program, or any similar program or successor to that program, as in effect on the date of the Executive’s termination of employment.
Relocation Program. This document describes the Executive relocation/reimbursement program (the “Relocation Program”) available to the Executive.
Relocation Program. Xxxxxxx will be eligible to participate in CP&L's relocation program in accordance with its terms. However, CP&L will pay to Xxxxxxx an additional amount to compensate him for the income taxes Xxxxxxx will incur on these benefits.
Relocation Program. The Executive shall be entitled to the relocation services and reimbursements regularly offered by the Company to executive officers and as set forth in the letter from the Company to the Executive dated as of the date of this Agreement (the “Offer Letter”).
Relocation Program. Kilgore will be eligible to participate in CP&L relocation program xx xxxordance with its terms with any taxable portion grossed up.
Relocation Program. The Employer will provide relocation assistance in the event of location closure, to eligible regular full- time employees who elect to exercise a permanent transfer to a Ryder Integrated Logistics account location in accordance with the following:
Relocation Program. Executive shall be eligible for participation in the Company’s relocation program dated May 28, 2008 (the “Relocation Program”) to relocate from Executive’s current residence to the Bellevue, Washington area. In the event that Executive is in good faith unable to sell Executive’s primary residence, located at 000 Xxxxxxxx Xxxxx, Xxxxx Xxxx, Xxxxx 00000, within 90 days after the Effective Date, the Compensation Committee of the Company’s Board of Directors shall declare such inability to sell an “undue hardship” and Executive will be allowed to participate in the Guaranteed Offer Program as set forth in Appendix B to the Relocation Policy. As a condition to being able to participate in the Relocation Program, Executive agrees (A) to be bound by the terms of the Relocation Program, (B) to relocate on a permanent basis to the Bellevue, Washington area by no later than September 30, 2011 (the “Washington Relocation”), and (C) to execute the Agreement to Repay Relocation Costs attached as Appendix A hereto (the “Relocation Repayment Agreement”) prior to the Effective Date.
Relocation Program. The Executive shall at any time be entitled to dispose of his principal residence through the Third Party Home Purchase feature of the Company's Relocation Program. The purchase price to be paid to the Executive thereunder shall be the appraised value of the residence. If the residence is subsequently sold for less than its appraised value, the Executive shall reimburse the Company for one-half of any amount in excess of $50,000 less than its appraised value.
Relocation Program. Relocation Program means the Relocation Program for Executives of American Brands, Inc.
Relocation Program. The Company will extend its relocation program to Executive to assist with his move from Maryland to Pennsylvania. The Company will pay for (a) reasonable relocation expenses (including reasonable costs incurred to sell Executive’s house in Falston and to move to Pennsylvania) up to a maximum of $100,000, and (b) temporary living expenses for you for six months, in each case to help with Executive’s relocation to the Company’s Xxxxx office. Each expense reimbursement will include a tax gross-up so that the net amount paid to Executive after withholding is equal to the amount of expenses being reimbursed. Each reimbursable expense shall be incurred before the Effective Date or while Executive is employed by the Company, and each reimbursement payment shall be made as soon as practicable after the expense is incurred (and Executive submits reasonable required documentation) and no later than the last day of the “applicable 2 1/2-month period” under Treas. Reg. § 1.409A-1(b)(4)(i)(A).
