Common use of Company Automobile Clause in Contracts

Company Automobile. As additional consideration for Executive’s covenants in this Agreement and Mercantile’s Non-Compete and Non-Solicitation Agreement, Executive may purchase the company automobile he used while employed by Firstbank at its depreciated value on Firstbank’s accounting records as of 12/31/13.

Appears in 8 contracts

Samples: Employment Agreement, Employment Separation Agreement (Firstbank Corp), Employment Agreement (Firstbank Corp)

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