Common use of Travel and Relocation Clause in Contracts

Travel and Relocation. Sun will reimburse certain of ▇▇. ▇▇▇▇▇'▇ expenses to move his primary residence to Southern California; provided that reimbursable expenses will be limited to house hunting trips, actual moving expenses and temporary housing expenses. Any real estate expenses ▇▇. ▇▇▇▇▇ incurs in connection with the purchase or sale of any real property will not be reimbursed by Sun. Sun will also pay ▇▇. ▇▇▇▇▇ a $50,000 relocation allowance, net of applicable taxes, upon the completion of the relocation of his primary residence to Southern California. For the purposes of this Paragraph 4, the term "Southern California" shall be limited to those portions of the Counties of Orange, Riverside, Los Angeles and San Diego that are located within a reasonable commuting distance from Sun's executive offices in Irvine, California. Until such relocation of his primary residence is completed, ▇▇. ▇▇▇▇▇ shall be entitled to reimbursement for reasonable travel and housing expenses incurred by him in connection with his performance of services pursuant to this Agreement. ▇▇. ▇▇▇▇▇ agrees that Sun has satisfied its obligations pursuant to this Section 4.

Travel and Relocation. Sun will reimburse certain of ▇▇. ▇▇▇▇▇'▇ expenses to move his primary residence to Southern California; provided that reimbursable expenses will be limited to house hunting trips, actual moving expenses and temporary housing expenses. Any real estate expenses ▇▇. ▇▇▇▇▇ incurs in connection with the purchase or sale of any real property will not be reimbursed by Sun. Sun will also pay ▇▇. ▇▇▇▇▇ a $50,000 relocation allowance, net of applicable taxes, upon the completion of the relocation of his primary residence to Southern California. For the purposes of this Paragraph 4, the term "Southern California" shall be limited to those portions of the Counties of Orange, Riverside, Los Angeles and San Diego that are located within a reasonable commuting distance from Sun's executive offices in Irvine, California. Until such relocation of his primary residence is completed, ▇▇. ▇▇▇▇▇ shall be entitled to reimbursement for reasonable travel and housing expenses incurred by him in connection with his performance of services pursuant to this Agreement. ▇▇. ▇▇▇▇▇ agrees that Sun has satisfied its obligations pursuant to this Section 4.