Common use of Car Clause in Contracts

Car. The Executive shall be eligible to receive either a company car or a non pensionable cash allowance payable each month in accordance with the Employer’s car scheme from time to time. Currently the company car allowance is £12,000 per annum.

Car. The Executive shall be eligible to receive either a company car or a non non-pensionable cash allowance payable each month in accordance with the Employer’s car scheme from time to time. Currently the company car allowance is £12,000 per annum.. Classification: Confidential