Common use of Expenses and Automobile Clause in Contracts

Expenses and Automobile. The Company agrees to pay Employee mileage at the rate of $_____ per kilometre for his use of the Employee's vehicle for Company business or $______ per month whichever is greater. - Principal has up to $3,000.00 a month in personal expense allowance as a taxable benefit. Principal must provide for valid receipts at the end of each month prior to reimbursement. Source income/benefit deductions will not be deducted immediately from such personal expense allowance until the end of each fiscal year. - Principal may submit valid receipts for reasonable meals, gasoline and travel expenditures that are directly attributed to the normal course of business of the Company. - At the financial affordability of the Company, the Principal may at his election, be provided with a lease vehicle of no greater than $750 per month in lease payments every three years and the Company agrees to provide such vehicle and all necessary maintenance, up-keep and insurance coverage for his sole use. The Principal agrees that such lease vehicle will be the property of the Company during his use and in the event of his termination or resignation, the Principal shall have an option to purchase or assume the lease vehicle from the Company under terms to be mutually determined by the Principal and the Company at the time of such event. In the event the Company can not afford to provide such lease vehicle during the duration of the Term of the Agreement, the Principal agrees that he cannot claim for any past loss of this benefit. - Reasonable Parking Disbursement or facilitation of parking space. Special Particulars (If any) ------------------------------- - Security Level (Black). - Principal has complete access to sensitive level networking, design and project operations. - Principal has special authorization to have complete access and attendance to all Board Meetings conducted by the Board of Directors of the Company or Board of Directors of its Parent Company. - Principal cannot conduct third party consultation work, carry out part-time employment or contract assignments similar to that of the projects or operations of the Company. Principal understands and agrees that the Company may at its sole right without notice, terminate the employment of the Principal in the event a breach of this particular is discovered with prior disclosure or authorization as specifically described herein. AGREED AND ACCEPTED TO: /s/ Leslie Ames ---------------- Leslie Ames _________________________________ Xxxle of Employee _________________________________ Social Insurance Number of Employee AGREED AND ACCEPTED TO: _________________________________ ________________________________ Authorized Signatory - Human Resources Authorized Signatory - Officer / Director

Appears in 1 contract

Samples: Ns8 Corp

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Expenses and Automobile. The Company agrees to pay Employee mileage at the rate of $_____ per kilometre for his use of the Employee's vehicle for Company business or $______ per month whichever is greater. - Principal has up to $3,000.00 2,000.00 a month in personal expense allowance as a taxable benefit. Principal must provide for valid receipts at the end of each month prior to reimbursement. Source income/benefit deductions will not be deducted immediately from such personal expense allowance until the end of each fiscal year. - Principal may submit valid receipts for reasonable meals, gasoline and travel expenditures that are directly attributed to the normal course of business of the Company. - At the financial affordability of the Company, the Principal may at his election, be provided with a lease vehicle of no greater than $750 per month in lease payments every three years and the Company agrees to provide such vehicle and all necessary maintenance, up-keep and insurance coverage for his sole use. The Principal agrees that such lease vehicle will be the property of the Company during his use and in the event of his termination or resignation, the Principal shall have an option to purchase or assume the lease vehicle from the Company under terms to be mutually determined by the Principal and the Company at the time of such event. In the event the Company can not afford to provide such lease vehicle during the duration of the Term of the Agreement, the Principal agrees that he cannot claim for any past loss of this benefit. - Reasonable Parking Disbursement or facilitation of parking space. Special Particulars (If any) ------------------------------- - Security Level (Black). - Principal has complete access to sensitive level networking, design and project operations. - Principal has special authorization to have complete access and attendance to all Board Meetings conducted by the Board of Directors of the Company or Board of Directors of its Parent Company. - Principal cannot conduct third party consultation work, carry out part-time employment or contract assignments similar to that of the projects or operations of the Company. Principal understands and agrees that the Company may at its sole right without notice, terminate the employment of the Principal in the event a breach of this particular is discovered with prior disclosure or authorization as specifically described herein. AGREED AND ACCEPTED TO: /s/ Leslie Ames ---------------- Leslie Ames _________________________________ Xxxle of Employee _________________________________ Social Insurance Number of Employee AGREED Melanie Thomson -------------------- Melanie Thomson Chief Operatxxx Xxxxxxx XXREED AND ACCEPTED TOTX: _________________________________ ________________________________ Authorized Signatory - Human Resources Authorized Signatory - Officer / Director

Appears in 1 contract

Samples: Ns8 Corp

Expenses and Automobile. The Company agrees to pay Employee mileage at the rate of $_____ per kilometre for his use of the Employee's vehicle for Company business or $______ per month whichever is greater. - Principal has up to $3,000.00 2,000.00 a month in personal expense allowance as a taxable benefit. Principal must provide for valid receipts at the end of each month prior to reimbursement. Source income/benefit deductions will not be deducted immediately from such personal expense allowance until the end of each fiscal year. - Principal may submit valid receipts for reasonable meals, gasoline and travel expenditures that are directly attributed to the normal course of business of the Company. - At the financial affordability of the Company, the Principal may at his election, be provided with a lease vehicle of no greater than $750 per month in lease payments every three years and the Company agrees to provide such vehicle and all necessary maintenance, up-keep and insurance coverage for his sole use. The Principal agrees that such lease vehicle will be the property of the Company during his use and in the event of his termination or resignation, the Principal shall have an option to purchase or assume the lease vehicle from the Company under terms to be mutually determined by the Principal and the Company at the time of such event. In the event the Company can not afford to provide such lease vehicle during the duration of the Term of the Agreement, the Principal agrees that he cannot claim for any past loss of this benefit. - Reasonable Parking Disbursement or facilitation of parking space. Special Particulars (If any) ------------------------------- - Security Level (Black). - Principal has complete access to sensitive level networking, design and project operations. - Principal has special authorization to have complete access and attendance to all Board Meetings conducted by the Board of Directors of the Company or Board of Directors of its Parent Company. - Principal cannot conduct third party consultation work, carry out part-time employment or contract assignments similar to that of the projects or operations of the Company. Principal understands and agrees that the Company may at its sole right without notice, terminate the employment of the Principal in the event a breach of this particular is discovered with prior disclosure or authorization as specifically described herein. AGREED AND ACCEPTED TO: /s/ Leslie Ames ---------------- Leslie Ames _________________________________ Xxxle of Employee _________________________________ Social Insurance Number of Employee Ricardo Rosado ------------------------------ Ricardo Rosado Vice Xxxxxxxxx Xxxduct Manager AGREED AND ACCEPTED TOACCXXXXX XX: _________________________________ ________________________________ Authorized Signatory - Human Resources Authorized Signatory - Officer / Director

Appears in 1 contract

Samples: Ns8 Corp

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Expenses and Automobile. The Company agrees to pay Employee mileage at the rate of $_____ per kilometre for his use of the Employee's vehicle for Company business or $______ per month whichever is greater. - Principal has up to $3,000.00 a month in personal expense allowance as a taxable benefit. Principal must provide for valid receipts at the end of each month prior to reimbursement. Source income/benefit deductions will not be deducted immediately from such personal expense allowance until the end of each fiscal year. - Principal may submit valid receipts for reasonable meals, gasoline and travel expenditures that are directly attributed to the normal course of business of the Company. - At the financial affordability of the Company, the Principal may at his election, be provided with a lease vehicle of no greater than $750 per month in lease payments every three years and the Company agrees to provide such vehicle and all necessary maintenance, up-keep and insurance coverage for his sole use. The Principal agrees that such lease vehicle will be the property of the Company during his use and in the event of his termination or resignation, the Principal shall have an option to purchase or assume the lease vehicle from the Company under terms to be mutually determined by the Principal and the Company at the time of such event. In the event the Company can not afford to provide such lease vehicle during the duration of the Term of the Agreement, the Principal agrees that he cannot claim for any past loss of this benefit. - Reasonable Parking Disbursement or facilitation of parking space. Special Particulars (If any) ------------------------------- - Security Level (Black). - Principal has complete access to sensitive level networking, design and project operations. - Principal has special authorization to have complete access and attendance to all Board Meetings conducted by the Board of Directors of the Company or Board of Directors of its Parent Company. - Principal cannot conduct third party consultation work, carry out part-time employment or contract assignments similar to that of the projects or operations of the Company. Principal understands and agrees that the Company may at its sole right without notice, terminate the employment of the Principal in the event a breach of this particular is discovered with prior disclosure or authorization as specifically described herein. AGREED AND ACCEPTED TO: /s/ Leslie Ames ---------------- Leslie Ames _________________________________ Xxxle of Employee _________________________________ Social Insurance Brent Bysouth ------------------ Brent Bysouth Chief Software Axxxxxxxx -------------------------- Xxxxxx Xxxxrance Number of Employee AGREED AND ACCEPTED TO: _________________________________ ________________________________ Authorized Signatory - Human Resources Authorized Signatory - Officer / Director

Appears in 1 contract

Samples: Ns8 Corp

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