Common use of Computer Allowance Clause in Contracts

Computer Allowance. During the term of this Agreement, the Executive will be entitled to be provided, at the Company’s expense, a laptop computer and home computer of his choice which is suitable to the Executive’s position and consistent with the forward thinking attitude of the company. Upon any upgrade or replacement of any computer, Executive shall return to the Company the computer previously purchased with the allowance. Upon termination of the Executive, all computers purchased with the allowance shall be returned to the Company.

Appears in 4 contracts

Samples: Visual Management Systems Executive Employment Agreement (Visual Management Systems Inc), Visual Management Systems Executive Employment Agreement (Visual Management Systems Inc), Visual Management Systems Executive Employment Agreement (Visual Management Systems Inc)

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Computer Allowance. During the term of this Agreement, the Executive will be entitled to be provided, at the Company’s expense, a laptop computer and home computer of his choice which is suitable to the Executive’s position and consistent with the forward thinking attitude of the company. Upon any upgrade or replacement of any computer, Executive shall return to the Company the computer previously purchased with the allowance. Upon termination of the Executive, all computers purchased with the allowance shall be returned to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Visual Management Systems Inc), Executive Employment Agreement (Visual Management Systems Inc)

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