Common use of Automobile/Automobile Allowance Clause in Contracts

Automobile/Automobile Allowance. Employer shall provide Employee with either an automobile for business and incidental personal use or an automobile allowance as per Employer policy. However, at the sole discretion of the Board of Directors and/or the Employer’s Chief Executive Officer, the Employer reserves the right to change or eliminate this benefit at any time.

Appears in 11 contracts

Samples: Employment Agreement (Farmers & Merchants Bancorp), Employment Agreement (Farmers & Merchants Bancorp), Employment Agreement (Farmers & Merchants Bancorp)

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Automobile/Automobile Allowance. Employer shall provide Employee with either an automobile for business and incidental personal use or an automobile allowance as per Employer policy. However, at the sole discretion of the Board of Directors and/or the Employer’s Chief Executive OfficerDirectors, the Employer reserves the right to change or eliminate this benefit at any time.

Appears in 1 contract

Samples: Employment Agreement (Farmers & Merchants Bancorp)

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