Relocation expense definition

Relocation expense means documented, reasonable and necessary costs and living expenses, including:
Relocation expense means documented, The liability for "relocation expense" under this reasonable and necessary costs and living policy is limited to not more than $750 for a
Relocation expense has the meaning specified in Section 12.4(b).

Examples of Relocation expense in a sentence

  • Relocation expense shall be subject to 50% recoupment by the Employer in the event of a voluntary separation by Executive after the first 12 months but during the first 24 months of employment.

  • Relocation expense reimbursement payments would not be repayable to the Company in the event of a termination without cause by the Company.

  • Relocation expense reimbursement in excess of $50,000.00 shall require prior Board approval.

  • Relocation expense includes temporary living arrangements, movement of household good to Singapore, new home set-up and travel to Singapore for you and your family members.

  • Relocation expense shall be subject to 100% recoupment by the Employer in the event of a voluntary separation by Executive during the first 12 months of employment.


More Definitions of Relocation expense

Relocation expense. The Company shall assist the Employee in relocating to New York. Such assistance will include van shipment of household and personal goods, travel expenses, as specified hereafter, and legal and closing expenses in acquisition of a dwelling. The Company will reimburse Employee transportation, lodging and meals for two trips for spouse and dependent children to the New York area for house searching. The Company will reimburse Employee transportation, lodging and meals for five trips between the Company's New York location and Employee's current home for himself prior to Employee's relocation to New York.
Relocation expense means documeted, rea-
Relocation expense reimbursements shall comply with deductible moving expense as defined by the Internal Revenue Code. Reimbursements will only be made directly to you. The Company will not directly contract with or make payment to any third parties. Relocation expenses may consist of the moving of household goods, which includes the cost of packing, crating and transporting your household and personal effects and those of the members of your household from your former home to your new home, plus traveling and lodging expenses incurred during the period of travel from the former residence to the new place of residence. Examples of non-reimbursable moving expenses are meals while moving from your old residence to your new residence; travel expenses, meals and lodging for pre-move house-hunting trips; or staying in temporary quarters in the general location of your new principal place of work.

Related to Relocation expense

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Litigation Expense means any court filing fee, court cost, arbitration fee, and each other fee and cost of investigating or defending an indemnified claim or asserting any claim for indemnification or defense under this Agreement, including Attorney’s Fees, other professionals’ fees, and disbursements. “Attorney’s Fees” include a charge for the service of in-house counsel at the market rate for independent counsel of similar experience.

  • Relocation Costs means costs incurred in the relocation of the furniture, fixtures, equipment, machinery and supplies, including, but not limited to, the cost of dismantling and reassembling equipment and the cost of floor preparation necessary for the reassembly of the equipment. Relocation costs include only such costs that are incurred during the ninety-day period imme- diately following the commencement of the relocation to an eligible premises. Relocation costs do not include costs for structural or capital improvements or items purchased in con- nection with the relocation.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.