Common use of Cost of Living Allowances Clause in Contracts

Cost of Living Allowances. Beginning when the Executive secures independent housing and the reimbursement of move-related expenses described in A-3(b)(i) ceases, the Company shall pay the Executive monthly allowances consisting of the following amounts: (i) Cost-of-living allowance: CHF 4,644 (ii) Transportation: CHF 3,042 (iii) Housing: CHF 13,800 (iv) Utilities: CHF 400 The allowances specified in (i) through (iv) shall be payable in advance in Swiss Francs according to the Company’s payroll practices. The Company shall also provide for reasonable advances to the Executive for the purpose of obtaining housing and satisfying other relocation expenses.

Cost of Living Allowances. Beginning when the Executive secures independent housing and the reimbursement of move-related expenses described in A-3(b)(i) ceases, the Company shall pay the Executive monthly allowances consisting of the following amounts: (i) Cost-of-living allowance: CHF 4,6448,544 (ii) Transportation: CHF 3,042 (iii) Housing: CHF 13,80016,100 (iv) Utilities: CHF 400 The allowances specified in (i) through (iv) shall be payable in advance in Swiss Francs according to the Company’s payroll practices. The Company shall also provide for reasonable advances to the Executive for the purpose of obtaining housing and satisfying other relocation expenses.

Cost of Living Allowances. Beginning when the Executive secures independent housing and the reimbursement of move-related expenses described in A-3(b)(i) ceases, the Company shall pay the Executive monthly allowances consisting of the following amounts: (i) Cost-of-living allowance: CHF 4,6444,729 (ii) Transportation: CHF 3,042 3,042 (iii) Housing: CHF 13,800 (iv) Utilities: CHF 400 600 The allowances specified in (i) through (iv) shall be payable in advance in Swiss Francs according to the Company’s payroll practices. The Company shall also provide for reasonable advances to the Executive for the purpose of obtaining housing and satisfying other relocation expenses.

Cost of Living Allowances. Beginning when the Executive secures independent housing and the reimbursement of move-related expenses described in A-3(b)(i) ceases, the Company shall pay the Executive monthly allowances consisting of the following amounts: (i) Cost-of-living allowance: CHF 4,6446,327 (ii) Transportation: CHF 3,042 (iii) Housing: CHF 13,800 (iv) Utilities: CHF 400 The allowances specified in (i) through (iv) shall be payable in advance in Swiss Francs according to the Company’s payroll practices. The Company shall also provide for reasonable advances to the Executive for the purpose of obtaining housing and satisfying other relocation expenses.