Common use of Automobile-Related Expenses Clause in Contracts

Automobile-Related Expenses. During the term of this Agreement, the Company will provide Executive with the use of an automobile of Executive's choice The Company will cover the reasonable "drive-off" costs, monthly lease payments of up to $1,000 per month, registration fees, fuel, maintenance and insurance costs of such automobile. Executive will have the option to purchase the automobile at the end of the lease term per the purchase provision within the lease contract.

Appears in 3 contracts

Samples: Employment Agreement (Vibe Records, Inc. Nevada), Employment Agreement (Fi Tek Vii Inc), Employment Agreement (Ronco Corp)

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Automobile-Related Expenses. During the term of this Agreement, the Company will provide Executive with the use of an automobile of Executive's choice choice. The Company will cover the reasonable "drive-off" costs, monthly lease payments of up to $1,000 per month, registration fees, fuel, maintenance and insurance costs of such automobile. Executive will have the option to purchase the automobile at the end of the lease term per the purchase provision within the lease contract.

Appears in 2 contracts

Samples: Employment Agreement (Universal Property Development & Acquisition Corp), Employment Agreement (Universal Property Development & Acquisition Corp)

Automobile-Related Expenses. During the term of this Agreement, the Company will provide Executive with the use of an automobile of Executive's choice choice. The Company will cover the reasonable "drive-off" costs, monthly lease payments of up to $1,000 750 per month, registration fees, fuel, maintenance and insurance costs of such automobile. Executive will have the option to purchase the automobile at the end of the lease term per the purchase provision within the lease contract.

Appears in 2 contracts

Samples: Employment Agreement (Fi Tek Vii Inc), Employment Agreement (Ronco Corp)

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Automobile-Related Expenses. During the term of this Agreement, the Company will provide Executive with the use of an automobile of Executive's choice ’s choice. The Company will cover the reasonable "drive-off" costs, monthly lease payments of up to $1,000 per month, registration fees, fuel, maintenance and insurance costs of such automobile. Executive will have the option to purchase the automobile at the end of the lease term per the purchase provision within the lease contract.

Appears in 1 contract

Samples: Employment Agreement (Continental Fuels, Inc.)

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