Common use of Moving Allowance Clause in Contracts

Moving Allowance. (a) When an employee is displaced under the provisions of this Title because of lack of work at his/her headquarters, and the employee’s new headquarters is beyond commutable distance from his/her residence, Company shall reimburse the employee for the reasonable costs incurred in connection with moving his/her household in a sum not to exceed $2,400. (Amended 1-1-94)

Appears in 11 contracts

Samples: Agreement, Agreement, Letter Agreement

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