Perquisite Allowance. By executing this Agreement, Executive shall be entitled to receive a perquisite allowance in the amount of $20,000 per year (the “Perquisite Allowance”), for each year that (a) Executive remains designated by the Committee as eligible to receive the Perquisite Allowance and (b) DPL continues to make the Perquisite Allowance available to executive-level employees of the Company. Executive has been designated by the Committee as eligible to receive the Perquisite Allowance for 2006. The Perquisite Allowance for 2006 shall be paid as soon as practicable after the Effective Date. The Perquisite Allowance for years after 2006 shall be paid to Executive as soon as practicable after the Committee designates Executive as eligible to receive the Perquisite Allowance for that year. The Perquisite Allowance will not be deemed “compensation,” as that term is defined under any of the Plans, nor under any other plan, practice, program or policy of the Company or any of its affiliates, as in effect from time to time.
Perquisite Allowance. In addition to regular salary, the Corporation will pay a perquisite allowance of $12,000 per year. These funds are to be used at the discretion of the employee. OUTPLACEMENT COUNSELING If severance is payable under section 2.6(c) of the Employment Agreement, the Corporation shall provide outplacement counseling services to a maximum value of $20,000 or cash, in lieu thereof, of $20,000.
Perquisite Allowance. The Company will pay to the Executive a perquisite allowance equal to $25,000 per year during the Term (the “Perquisite Allowance”), to cover the costs of leasing, insuring and maintaining an automobile and other travel expenses, professional dues as well as other perquisites, to be paid in accordance with the Company’s normal payroll practices.
Perquisite Allowance. In addition to regular salary, the Corporation will pay a perquisite allowance of $12,000 per year. These funds are to be used at the discretion of the employee. OUTPLACEMENT COUNSELLING
Perquisite Allowance. During the Employment Term, the Company will provide the Executive with an annual perquisite allowance of $15,000.
Perquisite Allowance. If immediately prior to the Date of Termination or the Change in Control the Company was paying the Executive a cash allowance in lieu of a company-provided car, cell phone usage, club membership or other perquisites (a “Perquisite Allowance”), then, on March 1 of the calendar year following the calendar year in which the Date of Termination occurs, the Company shall pay the Executive, if s/he is then surviving, an amount equal to 24 times the average monthly Perquisite Allowance the Company was paying the Executive immediately prior to the Date of Termination or, if more favorable to the Executive, immediately prior to the Change in Control.
Perquisite Allowance. During the Term, be entitled to an annual cash perquisite allowance of $15,000.
Perquisite Allowance. During the Term, the Company will also provide the Executive with a monthly perquisite allowance equal to Cdn$1,000 per month (the “Perquisite Allowance”), to cover the costs of leasing, insuring and maintaining an automobile, professional dues, as well as other perquisites (including club dues), to be paid in accordance with the Company’s normal payroll practices.
Perquisite Allowance. The Employee shall be entitled to a perquisite allowance to be applied, as determined in the Employee’s sole discretion in an amount equal to $30,000 per year, payable during the term of this Agreement in accordance with the Company’s standard payroll procedures.
Perquisite Allowance. The Company shall pay the Employee an annual executive perquisite allowance of Twenty-Five Thousand Dollars ($25,000), for each year of this Agreement (or fraction for portions of a year) (the “Allowance”). The Allowance shall be in lieu of all other executive perquisites and subject to all appropriate federal and state withholding taxes and shall be payable in accordance with the normal payroll procedures of the Company.
