Common use of Housing and Travel Expenses Clause in Contracts

Housing and Travel Expenses. During the Term of Employment, the Operating Company shall, effective upon consummation of the IPO, provide to the Employee the sum of BD$10,000 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel to and from Bermuda.

Housing and Travel Expenses. During the Term of Employment, the Operating Company shall, effective upon consummation of the IPO, provide to the Employee the sum of BD$10,000 BD$6,000 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel to and from Bermuda.

Housing and Travel Expenses. During the Term of Employment, the Operating Company shall, effective upon consummation of the IPO, provide to the Employee the sum of BD$10,000 BD$13,000 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel to and from Bermuda.

Housing and Travel Expenses. During the Term of Employment, the Operating Company shall, effective upon consummation of the IPO, provide to the Employee the sum of BD$10,000 monthly as an allowance to cover the expenses of housing in Bermuda and for his her personal travel to and from Bermuda.

Housing and Travel Expenses. During the Term of Employment, the Operating Company shall, effective upon consummation of the IPO, provide to the Employee the sum of BD$10,000 BD$12,000 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel to and from Bermuda.