Common use of DEDUCTIONS FROM SALARY Clause in Contracts

DEDUCTIONS FROM SALARY. The Company reserves the right at any time during the Executive’s employment, or on termination of this Agreement to deduct from salary any overpayment made and/or monies owed to the Company by the Executive. This includes but is not limited to: · any excess holiday; · outstanding loans; · advances; · relocation costs; · monies owed to the Company in connection with any Company car, including parking fines and any related administration costs for which the Executive is responsible and which are incurred in a vehicle provided by the Company (either company vehicle or hire car) whilst in the Executive’s control; and · the cost of repairing any damage or loss to property provided by the Company. This clause will not apply to any sums or benefits due to the Executive by virtue of the Executive’s membership of the Company Pension Plan.

Appears in 4 contracts

Samples: Service Agreement (Virgin Media Investment Holdings LTD), Service Agreement (Virgin Media Investment Holdings LTD), Service Agreement (Virgin Media Investment Holdings LTD)

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DEDUCTIONS FROM SALARY. The Company reserves the right at any time during the Executive’s employment, or on termination of this Agreement to deduct from salary any overpayment made and/or monies owed to the Company by the Executive. This includes but is not limited to: · any excess holiday; · outstanding loans; · advances; · relocation costs; · monies owed to the Company in connection with any Company car, including parking fines and any related administration costs for which the Executive is responsible and which are incurred in a vehicle provided by the Company Company, (either company vehicle or hire car) whilst in the Executive’s control; and · the cost of repairing any damage or loss to property provided by the Company. This clause will not apply to any sums or benefits due to the Executive by virtue of the Executive’s membership of the Company Pension Plan.

Appears in 2 contracts

Samples: Service Agreement (Virgin Media Inc.), Service Agreement (Virgin Media Investment Holdings LTD)

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DEDUCTIONS FROM SALARY. The Company reserves the right at any time during the Executive’s employment, or on termination of this Agreement to deduct from salary any overpayment made and/or monies owed to the Company by the Executive. This includes but is not limited to: · any excess holiday; · outstanding loans; · advances; · relocation costs; · monies owed to the Company in connection with any Company car, including parking fines and any related administration costs for which the Executive is responsible and which are incurred in a vehicle provided by the Company (either company vehicle or hire car) whilst in the Executive’s control; and · the cost of repairing any damage or loss to property provided by the Company. This clause will not apply to any sums or benefits due to the Executive by virtue of the Executive’s membership of the Company Pension Plan.

Appears in 1 contract

Samples: Service Agreement (Virgin Media Investments LTD)

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