Automobile Allowance definition

Automobile Allowance shall have the meaning set forth in Section 4(e) below.
Automobile Allowance. The Bank shall pay the Executive the sum of Seven Hundred Fifty Dollars ($750) per month on a semi-monthly basis as and for expenses to cover all costs of use, maintenance, repair, upkeep, fuel, cleaning and operation of his automobile (except mileage costs incurred to travel to locations outside of the Reno service area) used in the course and scope of his employment.
Automobile Allowance is defined in section 5(a). ------------

Examples of Automobile Allowance in a sentence

  • Automobile Allowance: As an executive officer of the Company, you will be entitled to an annual automobile allowance of $10,200, which shall be paid in substantially equal periodic installments, in accordance with the Company’s normal payroll cycle.


More Definitions of Automobile Allowance

Automobile Allowance. Executive shall receive an automobile allowance in the amount of $600.00 per month.
Automobile Allowance. The Company shall pay Employee an automobile allowance of $600 per month. The cost of the automobile and all expenses for the operation (including insurance) and maintenance of the automobile shall be paid by Employee. 401(k) Plan: Available for Employee's election if eligible. Flexible Spending Account: Available for Employee's election if eligible.
Automobile Allowance. It is recognized by the parties to this Agreement that the Board wil pay a two hundred and fifty dollars ($250.00) automobile allowance monthly to cover all mileage traveled by the Superintendent on School District business.
Automobile Allowance. As an executive officer of the Company, you will be entitled to an annual automobile allowance of $10,200, which shall be paid in substantially equal periodic installments, in accordance with the Company’s normal payroll cycle. Paid Vacation Days: As an executive officer of the Company, you will be eligible for four (4) weeks of paid vacation subject to the Company’s vacation policy, including any accrual caps. Any vacation will be taken at the reasonable and mutual convenience of you and the Company. In addition, you will be entitled to sick leave and personal leave in accordance with the Company’s standard policies and procedures as may be amended, modified, or terminated by the Company from time to time, with or without notice, in accordance with the applicable policy and procedure documents. Indemnification: As an executive officer of the Company, you will be entitled indemnification by the Company in accordance with Article XIII of the Company’s Amended and Restated Bylaws and as provided by applicable law.
Automobile Allowance. CEO will receive an annual automobile allowance of $15,000. COMMUTING EXPENSES: Maxxim will reimburse CEO for all reasonable and documented business-related commuting expenses incurred in connection with CEO's performance of his duties and obligations under this Agreement, including reasonable apartment/hotel expenses, auto rental expenses, and air transportation.
Automobile Allowance. You will receive an annual Automobile Allowance of Five Thousand Dollars, ($5,000.00), payable weekly on the Company's regular paydays during the Term subject to the usual and required employee payroll deductions and withholding for federal, state and local taxes, social security and similar payments.
Automobile Allowance provisions in their entirety; •