Company Vehicle Policy. Employees shall not operate a Company vehicle without first reading and acknowledging the Company vehicle policy contained in this Agreement of which, a copy shall be placed in each vehicle.
Company Vehicle Policy. An Employee shall not operate a Company vehicle without first reading and acknowledging the Company Vehicle and Drug and Alcohol policies.
Company Vehicle Policy. The Company will consider offering the sales consultant a Company vehicle at the discretion of the Company management. The Company will pay for normal maintenance. The deductible amount, when applicable, is the individualís responsibility. A Company vehicle will be offered to qualified sales consultants who have completed the probationary period and are performing at minimum sales standard level. The cost of carrying and insuring the vehicle will be funded through a pack on sales vehicles delivered by each sales consultant until 120 vehicles have been delivered in each calendar year. These costs are made up of interest charges by GMAC which fluctuates with the money market and the cost of insurance subject to the deductible chosen. The insurance deductible, at this time, January 1, 2007, is $2,500. The Company vehicle is considered part of the compensation pay plan of a salesperson, having a value ranging between $500 and $1,000 monthly. A taxable benefit will be assessed in accordance with income tax laws and reflected on your pay stub. The monthly cost for insurance for a deductible of $2,500 would be for comprehensive and collision coverage, and subject to change as per insurance rates, are presently as follows. In an attempt to continue in providing this privilege of a Company vehicle, a Company Vehicle pack has been established. The minimum pack of $100 or half of one percent (.005), whichever is the greater, is multiplied by the inventory cost of all retail new and certified used sold units. The commission would then be calculated on the balance of the gross. The sales consultant is responsible in selling his assigned Company vehicle while on the road. As a guide, six (6) months and/or 10,000 kms, is when the Company vehicle is parked and is more aggressively offered for sale. The Company will then review if another vehicle is to be assigned. No more than two Company vehicles are to be assigned. A minimum sales fee of $200 will apply if market condition dictates a minimum sales gross.
Company Vehicle Policy. This Clause shall be read in conjunction with the CSO Company Motor Vehicle Policy particularly its provisions with regard to safe driving, servicing, logbook maintenance, and private use including by other immediate family members, and for interstate travel on the advice and consent of the Employee's Immediate Manager, which shall not be unreasonably denied. The immediate Manager will review this Policy with the employee on receipt of a Company provided vehicle, and a signed compliance undertaking obtained.
Company Vehicle Policy. All employee-owners who drive/use a company vehicle shall be familiar with and abide by the Company Vehicle Policy, a copy of which will remain in each company vehicle at all times.
