Common use of Automobile Allowance Clause in Contracts

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 10 contracts

Samples: Employment Agreement (SI Financial Group, Inc.), Employment Agreement (Equitable Financial Corp), Employment Agreement (SI Financial Group, Inc.)

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Automobile Allowance. During the term of this Agreement, the Executive shall may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Bank, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 8 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 7 contracts

Samples: Employment Agreement (Ocean Shore Holding Co.), Employment Agreement (Ocean Shore Holding Co), Employment Agreement (Ottawa Savings Bancorp, Inc.)

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that than those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such the automobile.

Appears in 6 contracts

Samples: Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Bank, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 6 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Company, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 5 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 5 contracts

Samples: Employment Agreement (Equitable Financial Corp), Employment Agreement (Equitable Financial Corp), Employment Agreement (Equitable Financial Corp)

Automobile Allowance. During the term of this Agreement, the Executive shall may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Company or the Bank, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 4 contracts

Samples: Agreement of Merger (Kentucky First Federal Bancorp), Agreement of Merger (Frankfort First Bancorp Inc), Employment Agreement (Kentucky First Federal Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Company or the Bank, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 4 contracts

Samples: Agreement of Merger (Frankfort First Bancorp Inc), Agreement of Merger (Kentucky First Federal Bancorp), Agreement of Merger (Frankfort First Bancorp Inc)

Automobile Allowance. During the term of this Agreement, the Executive shall may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Company, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 3 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)

Automobile Allowance. During the term of this Agreement, the -------------------- Executive shall be entitled to an automobile allowance on terms no less favorable that those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank Association from time to time, and the Company or the Bank Association shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 2 contracts

Samples: Employment Agreement (New England Bancshares Inc), Employment Agreement (New England Bancshares Inc)

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank Association from time to time, and the Company or the Bank Association shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 2 contracts

Samples: Employment Agreement (NEBS Bancshares, Inc.), Employment Agreement (New England Bancshares, Inc.)

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Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank Association from time to time, and the Company or the Bank Association shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 2 contracts

Samples: Enfield Federal (NEBS Bancshares, Inc.), Employment Agreement (New England Bancshares, Inc.)

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an a Company automobile or automobile allowance on terms no less favorable that than those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such the automobile.

Appears in 1 contract

Samples: Employment Agreement (Yardville National Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that than those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s Form W-2 any amount of income attributable to Executive’s personal use of such automobile.

Appears in 1 contract

Samples: Employment Agreement (Ottawa Savings Bancorp, Inc.)

Automobile Allowance. During the term of this Agreement, the Executive shall -------------------- may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Company or the Bank, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 1 contract

Samples: Agreement of Merger (Frankfort First Bancorp Inc)

Automobile Allowance. During the term of this Agreement, the Executive shall be maybe entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Company or the Bank, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 1 contract

Samples: Employment Agreement (Kentucky First Federal Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall may be entitled to an automobile allowance. In the event such automobile allowance on terms no less favorable that those in effect immediately prior to is provided by the execution of this Agreement. Company or the Bank, Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 1 contract

Samples: Employment Agreement (Kentucky First Federal Bancorp)

Automobile Allowance. During the term of this Agreement, the Executive shall be entitled to an automobile allowance on terms no less favorable that those in effect immediately prior to the execution of this Agreement. Executive shall comply with reasonable reporting and expense limitations on the use of such automobile as may be established by the Company or the Bank from time to time, and the Company or the Bank shall annually include on Executive’s 's Form W-2 any amount of income attributable to Executive’s 's personal use of such automobile.

Appears in 1 contract

Samples: Employment Agreement (Naugatuck Valley Financial Corp)

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