Certain Specific Benefits Sample Clauses
The "Certain Specific Benefits" clause defines particular advantages, rights, or entitlements that a party is guaranteed under the agreement. This clause typically lists or describes the exact benefits, such as access to services, financial incentives, or exclusive rights, that are not covered by general provisions. By clearly outlining these specific benefits, the clause ensures that both parties have a mutual understanding of what is being provided, reducing the risk of disputes or misunderstandings regarding entitlements under the contract.
Certain Specific Benefits. The Company shall make available to the Executive, vacation of 20 business days per year and an appropriate Company car for the Executive’s use as the Executive reasonably directs.
Certain Specific Benefits. Executive shall be entitled to the following benefits:
Certain Specific Benefits. Executive shall be entitled to the following benefits:
(i) Auto Allowance. An automobile allowance of $600 per month.
(ii) Cell phone. Reimbursement or direct payment of Executive’s cell phone ▇▇▇▇ in an amount not to exceed $125 per month.
Certain Specific Benefits. (a) The Executive, shall be covered by reasonable medical, vision and dental insurance, to be provided at no cost to the Executive. The Executive shall be covered by life insurance in an amount no less than $2,500,000, at no cost to the Executive, to the extent such insurance may be obtained at reasonable rates; provided that the Executive cooperates as reasonably requested by the Company in the Company’s efforts to obtain such insurance. The Executive shall be covered by long-term disability insurance, to provide replacement income in an amount no less than 100% of Annual Salary, at no cost to the Executive, to the extent such insurance may be obtained at reasonable rates; provided that the Executive cooperates as reasonably requested by the Company in the Company’s efforts to obtain such insurance.
(b) The Executive shall be entitled to vacation of no less than 25 days per year, personal days of no less than five days per year and holidays of no less than 14 days per year, to be credited in accordance with regular Company policies. All of the foregoing shall be implemented within a reasonable time after the date hereof.
Certain Specific Benefits. Executive shall be entitled to the following benefits:
(i) Cell phone. Reimbursement or direct payment of Executive’s cell phone b▇▇▇ in an amount not to exceed $125 per month.
Certain Specific Benefits. The Company shall make available to the Executive, vacation of 20 business days per year, including the fiscal year ending December 31, 2007, and an appropriate Company car allowance consistent with car allowances for other senior executives.
Certain Specific Benefits. (a) The Company shall reasonably assist the Executive in identifying reasonable temporary living quarters in or around Vero Beach, Florida, and the Company shall pay for such temporary living quarters through August 31, 2006, or such earlier time as Executive shall have permanently vacated such temporary living quarters. In addition, the Company shall, upon submission to the Company’s Treasurer of receipts therefor, reimburse the Executive for reasonable travel expenses incurred by Executive and his immediate family members in traveling to or from the State of Florida if such travel is completed on or before August 15, 2006; provided, however, that in no event shall the Company be responsible for reimbursing the Executive for any amounts in excess of $3,000 in the aggregate, excluding any travel expenses incurred by Executive prior to the date hereof.
(b) The Company shall, on or before May 15, 2006, pay to the Executive a one-time cash relocation package of $100,000 intended to mitigate certain expenses the Executive incurred or may incur in relocating to Florida. Should the Executive’s employment with the Company be terminated by the Executive without Good Reason or by the Company for Cause, prior to May 15, 2007, the Executive shall repay the Company this $100,000 amount within one business day of such termination.
(c) The Executive shall be entitled to vacation of no less than 20 days per year, as well as such personal days and holidays as are customarily made available to other Senior Vice Presidents of the Company.
Certain Specific Benefits. (a) The Executive will be entitled to 20 business days vacation per calendar year for each year during the Term following the 2010 year.
(b) The Executive will relocate his primary residence to the Charlotte, North Carolina area on or before September 19, 2011. The Company will reimburse the Executive in an amount up to $75,000 for expenses reasonably incurred in connection with the Executive’s relocation to the Charlotte, North Carolina area; provided that the Executive complies with the Company’s policies regarding expense reimbursement.