Financial Planning Benefits Sample Clauses

Financial Planning Benefits. If you are entitled to receive Change in Control Benefits, the Company also will provide you with a tax and financial planning services stipend. The stipend will be in an amount determined pursuant to Company policies and will be based on your officer classification as of the date on which the Change in Control occurs. The stipend shall be paid at the same time as, and along with, the Change in Control Severance Payment.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Financial Planning Benefits. Continued participation for thirty-six (36) months following your Last Day of Employment. The Company shall gross-up any payments on such benefits that are taxable to you. LAPTOP COMPUTER: At your option, the sale to you, on or about the time of your Last Day of Employment, of the ownership interest in the [MAKE AND MODEL NUMBER] laptop computer that the Company has assigned to you, Serial Number [XXXXXXX], as of the date of this Agreement, (“the Laptop”), for fair market value pursuant to the Company’s policy. You shall provide the Company with reasonable advance written notice prior to your Last Day of Employment as to whether you wish to purchase the Laptop. The ownership interest in the Laptop shall be transferred only after the Company has removed all confidential and proprietary information from the computer and taken any other measures it deems necessary to protect its interests. The Company shall deduct the amount due for the cost of the Laptop from the Severance Pay. Unless otherwise defined herein, all capitalized terms set forth above shall have the meaning set forth in the Employment Agreement. In the event of Executive’s death or disability after the Last Day of Employment, Executive’s estate and beneficiaries, as applicable, shall receive the pay and benefits (or remaining portion thereof) the set forth in this Personal Statement of Termination Benefits, subject to Executive’s (or his estate’s) execution, delivery, and non-revocation of the General Release within the applicable time period. POST-EMPLOYMENT RESTRICTIVE COVENANTS (as set forth in Employment Agreement and Management Equity Award Agreements): Non-competition: Two (2) years from Last Day of Employment Non-solicitation of clients and employees: Two (2) years from Last Day of Employment Confidential Information: No time limit Intellectual Property: No time limit For the avoidance of doubt, the term “affiliates” in the post-employment restrictive covenants in the Employment Agreement and your Management Equity Award Agreements only include entities owned by The Blackstone Group to the extent such entities are engaged in the same businesses of Travelport Limited and its subsidiaries as of the Last Day of Employment.
Sample 1
Financial Planning Benefits. Continued participation for twenty-four (24) months following your Last Day of Employment. The Company shall gross-up any payments on such benefits that are taxable to you. EXECUTIVE CAR PROGRAM: A lump sum payment that, after applicable taxes and deductions, is equivalent to the value of twenty-four (24) months of future participation in the Executive Car Program. The amount of this payment will be determined as of your Last Day of Employment and will be paid in a lump sum as soon as practicable following the effective date of this Agreement and General Release, but no later than sixty (60) days after the Last Day of Employment. After your participation in the Executive Car Program ceases effective as of your Last Day of Employment, you will have the option to purchase the car assigned to you for fair market value; provided that you pay all incremental costs incurred by the Company as a result of such assignment. In the event that you do not purchase the car assigned to you under the Executive Car Program on or before the Last Day of Employment, you shall return such car as directed by the Company or its agents.
Sample 1
Financial Planning Benefits. Continued participation for thirty-six (36) months following your Last Day of Employment. The Company shall gross-up any payments on such benefits that are taxable to you. EXECUTIVE CAR PROGRAM: A lump sum payment that, after applicable taxes and deductions, is equivalent to the value of thirty-six (36) months of future participation in the Executive Car Program. The amount of this payment will be determined as of your Last Day of Employment and will be paid in a lump sum no later than sixty (60) days after the Last Day of Employment. After your participation in the Executive Car Program ceases effective as of your Last Day of Employment, you will have the option to purchase the car assigned to you for fair market value; provided that you pay all incremental costs incurred by the Company as a result of such assignment. In the event that you do not purchase the car assigned to you under the Executive Car Program on or before the Last Day of Employment, you shall return such car as directed by the Company or its agents.
Sample 1

Related to Financial Planning Benefits

  • Training Benefits In the event that the Employer should introduce new methods or machines which require new or greater skills than are possessed by employees under the present method of operation, such employees shall, at the expense of the Employer, be given a reasonable period of time, in the opinion of the Employer, during which they may perfect or acquire the skills necessitated by the new method of operation. There shall be no change in wage or salary rates during the training period of any such employee.

  • Financial Planning The Employer will provide, or cause to be provided, continued access, for the remainder of the calendar year in which the Covered Termination occurs or for 60 days (if greater), to the financial planning services available to executive employees at the time of the Covered Termination.

  • Financial Planning Services The Executive shall receive financial planning services, on an in-kind basis, for a period of eighteen (18) months following the Date of Termination. Such financial planning services shall include expert financial and legal resources to assist the Executive with financial planning needs and shall be limited to (i) current investment portfolio management, (ii) tax planning, (iii) tax return preparation, and (iv) estate planning advice and document preparation (including xxxxx and trusts); provided, however, that the Company shall provide such financial planning services during any taxable year of the Executive only to the extent the cost to the Company for such taxable year does not exceed $25,000. The Company shall provide such financial planning services through a financial planner selected by the Company, and shall pay the fees for such financial planning services. The financial planning services provided during any taxable year of the Executive shall not affect the financial planning services provided in any other taxable year of the Executive. The Executive’s right to financial planning services shall not be subject to liquidation or exchange for any other benefit. Such financial planning services shall be provided in a manner that complies with Treasury Regulation Section 1.409A-3(i)(1)(iv).

  • Public Benefits This Agreement provides assurances that the Public Benefits identified below will be achieved and developed in accordance with the Applicable Rules and Project Approvals and with the terms of this Agreement and subject to the City’s Reserved Powers. The Project will provide Public Benefits to the City, including without limitation:

  • Multi-Year Planning The CAPS will be in a form acceptable to the LHIN and may be required to incorporate (1) prudent multi-year financial forecasts; (2) plans for the achievement of performance targets; and (3) realistic risk management strategies. It will be aligned with the LHIN’s then current Integrated Health Service Plan and will reflect local LHIN priorities and initiatives. If the LHIN has provided multi-year planning targets for the HSP, the CAPS will reflect the planning targets.

  • Health Benefits The method for determining the Employer bi-weekly contributions to the cost of employee health insurance programs under the Federal Employees Health Benefits Program (FEHBP) will be as follows:

  • Educational Benefits a. A full-time employee may enroll for credit at the University for a maximum of two courses, or six credit hours, whichever is greater, in any one academic term with exemption from the payment of tuition and fees.

  • Transition Planning The AGENCY will be responsible for the development of the student’s Transition Plan, which begins upon entry and is completed prior to the student’s exit.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Housing Benefit The Landlord undertakes to reimburse the Agent for any claims arising from overpayment which may be made by the local authority in respect of housing benefit, or other benefit scheme, paid to or on behalf of the Tenant(s) as rent. This undertaking shall remain in force during the currency of the tenancy and up six years thereafter, whether or not the Agent continues to be engaged to let or manage the Property under this Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.