Common use of Electric Vehicle Allowance Clause in Contracts

Electric Vehicle Allowance. The Corporation will pay to the Executive an electric vehicle allowance, in accordance with the Corporation’s policies in effect from time to time, provided that the Executive has furnished evidence of the Executive’s purchase or lease of an electric vehicle that is satisfactory to the Corporation. For 2022, the allowance will be established at USD$2,500 per month. EXHIBIT “A” CONFIDENTIALITY AND INTELLECTUAL PROPERTY RIGHTS AGREEMENT

Appears in 3 contracts

Samples: Employment Agreement (Li-Cycle Holdings Corp.), Employment Agreement (Li-Cycle Holdings Corp.), Employment Agreement (Li-Cycle Holdings Corp.)

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Electric Vehicle Allowance. The Corporation will pay to the Executive an electric vehicle allowance, commencing January 1, 2022 and in accordance with the Corporation’s policies in effect from time to time, provided that the Executive has furnished evidence of the Executive’s purchase or lease of an electric vehicle that is satisfactory to the Corporation. For 2022, the allowance will be established at USD$2,500 US$2,500 per month. EXHIBIT “A” CONFIDENTIALITY AND INTELLECTUAL PROPERTY RIGHTS AGREEMENT

Appears in 1 contract

Samples: Employment Agreement (Li-Cycle Holdings Corp.)

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Electric Vehicle Allowance. The Corporation will pay to shall provide the Executive an electric vehicle allowance, in accordance with the Corporation’s policies in effect from time to time, provided that the Executive has furnished evidence of the Executive’s purchase or lease of an electric vehicle that is satisfactory to the Corporation. For 20222024, the allowance will be established at USD$2,500 per month. EXHIBIT “A” CONFIDENTIALITY AND INTELLECTUAL PROPERTY RIGHTS AGREEMENT

Appears in 1 contract

Samples: Employment Agreement (Li-Cycle Holdings Corp.)

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