Common use of Housing and Travel Expenses Clause in Contracts

Housing and Travel Expenses. Effective upon consummation of the IPO, the Company shall provide to the Employee the sum of $10,416.00 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel including spouse and immediate family to and from Bermuda.

Housing and Travel Expenses. Effective upon consummation of the IPO, the Company shall provide to the Employee the sum of $10,416.00 8,333.00 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel including spouse and immediate family (2 daughters), to and from Bermuda.

Housing and Travel Expenses. Effective upon consummation of the IPO, the Company shall provide to the Employee the sum of $10,416.00 9,667.00 monthly as an allowance to cover the expenses of housing and the cost of living in Bermuda and for his personal travel including spouse for the Employee and immediate family to and from Bermudahis family.

Housing and Travel Expenses. Effective upon consummation of the IPO, the Company shall provide to the Employee the sum of $10,416.00 8,333.00 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel including spouse and immediate family to and from Bermuda.

Housing and Travel Expenses. Effective upon consummation of the IPO, the Company shall provide to the Employee the sum of $10,416.00 8,333.00 monthly as an allowance to cover the expenses of housing in Bermuda and for his personal travel including spouse and immediate family to and from Bermudatravel.