Common use of Relocation Allowance Clause in Contracts

Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten thousand dollars ($10,000.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach fails to complete the first Contract Employment Year, Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining on the first Contract Employment Year. Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

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Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for Coach’s Initial JC relocation expenses under this section will be a one-time amount of ten thousand dollars ($10,000.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach fails to complete the first Contract Employment Year, Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining on the first Contract Employment Year. Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten thousand dollars Five Thousand Dollars ($10,000.005,000.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach fails to complete the first Contract Employment YearTerm, Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining on in the first Contract Employment YearTerm. Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from ml Coach’s Initial ml Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten thousand dollars Ten Thousand Dollars ($10,000.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach fails to complete the first Contract Employment Year, Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining on the first Contract Employment Year. Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten thousand dollars Ten Thousand Dollars ($10,000.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach fails to complete the first Contract Employment YearTerm, Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining on the first Contract Employment YearTerm. Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00Section 50-04-0 XXXX 2 NMSA (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten thousand dollars Three Thousand Dollars ($10,000.003,000.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach fails to complete the first Contract Employment YearTerm, Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining on in the first Contract Employment YearTerm. Coach also agrees JLG Coach’s Initial _JLG and understands that reimbursement may be accomplished in whole or in part via deduction from Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

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Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten thousand dollars Ten Thousand Dollars ($10,000.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. Coach’s Initial Kf If Coach fails to complete the first Contract Employment YearTerm for any reason, including but not limited to termination under Section 11 of this Contract, Coach is required to shall repay a prorated portion the full amount of the allowance, proportional to the number of months remaining on the first Contract Employment YearRelocation Allowance. Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will shall reimburse the University the remaining balance within sixty (60) days of the termination datelast day of his employment. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Coach Employee is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten fifteen thousand dollars ($10,000.0015,000.00), paid to Coach Employee in CoachEmployee’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach Employee during the relocation period are reported as taxable income to the CoachEmployee, and applicable withholding taxes will be withheld from payment. CoachEmployee’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach Employee fails to complete the first two (2) Contract Employment YearYears of the Contract Term, Coach Employee is required to repay a prorated portion of the allowance, proportional to the number of months remaining on in the first Contract Employment YearTerm. Coach Employee also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from CoachEmployee’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach Employee would be entitled under state and federal law. Coach Employee further agrees and understands that if the deduction from CoachEmployee’s final check does not reimburse the University in full for moving expenses paid to the CoachEmployee, Coach Employee will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is All compensatory benefits are subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of ten thousand dollars One Thousand Five Hundred Dollars ($10,000.001,500.00), paid to Coach in Coach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Coach during the relocation period are reported as taxable income to the Coach, and applicable withholding taxes will be withheld from payment. Coach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Coach fails to complete the first Contract Employment YearTerm, Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining on in the first Contract Employment YearTerm. Coach also agrees sp Coach’s Initial sp and understands that reimbursement may be accomplished in whole or in part via deduction from Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Coach would be entitled under state and federal law. Coach further agrees and understands that if the deduction from Coach’s final check does not reimburse the University in full for moving expenses paid to the Coach, Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

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