Relocation & Repatriation Costs Sample Clauses
The Relocation & Repatriation Costs clause defines the responsibilities for covering expenses related to moving an employee to a new work location and returning them to their home country or original location at the end of their assignment. Typically, this clause outlines which party—employer or employee—bears the costs for transportation, shipping of personal belongings, and sometimes temporary accommodation. Its core function is to ensure clarity and fairness regarding financial obligations for relocation, thereby preventing disputes and facilitating smooth transitions for international or remote assignments.
POPULAR SAMPLE Copied 5 times
Relocation & Repatriation Costs. Employer waives any obligation for the Employee to reimburse the Company for relocation costs paid by the Company. Employer will pay the standard costs to repatriate the employee and his family from Shanghai, China to Dallas, Texas, pursuant to Employee’s International Long Term Assignment Letter of Understanding dated July 27, 2007, but in no event will such eligible relocation costs be paid on behalf of the Employee, or be reimbursed directly to the Employee later than March 15, 2010. Despite the foregoing, the Employer will continue to provide the current living accommodations to the Employee in the host country until at least July 1, 2009. The Employer agrees to provide a vehicle to Employee in accordance with the transportation provisions set forth in the Letter of Understanding and the Addendum to Letter of Understanding, both dated July 27, 2007, through at least July 1, 2009.