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Common use of Executive Auto Clause in Contracts

Executive Auto. The Executive will participate in the Executive Automobile Program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.00. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.00. The Executive acknowledges that participation in this program will result in the receipt by him of additional taxable income.

Appears in 7 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

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Executive Auto. The Executive will participate in the Executive Automobile Program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.0075,000.00. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.00. The Executive acknowledges that participation in this program will result in the receipt by him of additional taxable income.

Appears in 4 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

Executive Auto. The Executive will participate in the Executive Automobile Program program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.0050,000. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.00. The Executive acknowledges that participation in this program will result in the receipt by him of additional taxable income.

Appears in 2 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

Executive Auto. The During the Term of Employment, the Executive will participate in the Executive Automobile Program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.0050,000, with up to an additional $10,000 in value as paid by the Executive. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.001,100. The Executive acknowledges that participation in this program will result in the receipt by him her of additional taxable income.

Appears in 2 contracts

Samples: Employment Agreement (Estee Lauder Companies Inc), Employment Agreement (Estee Lauder Companies Inc)

Executive Auto. The During the Term of Employment, the Executive will participate in the Executive Automobile Program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.0050,000, with up to an additional $10,000 in value as paid by the Executive. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.001,100. The Executive acknowledges that participation in this program will result in the receipt by him of additional taxable income.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

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Executive Auto. The Executive will participate in the Executive Automobile Program program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.0030,000. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.00. The Executive acknowledges that participation in this program will result in the receipt by him of additional taxable income.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

Executive Auto. The Executive will participate in the --------------- Executive Automobile Program program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.00. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.00. The Executive acknowledges that participation in this program will result in the receipt by him of additional taxable income.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

Executive Auto. The Executive will participate in the Executive Automobile Program program of the Company, and may elect to be provided an automobile having an acquisition value of up to $50,000.00. Alternatively, the Executive may receive an automobile allowance in the gross monthly amount of $1,100.00. The Executive acknowledges that participation in this program will result in the receipt by him of additional taxable income.

Appears in 1 contract

Samples: Employment Agreement (Estee Lauder Companies Inc)

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