Housing Benefits. Executive shall be reimbursed for all out-of-pocket, direct expenses incurred in connection with the relocation of Executive’s family from Dallas, Texas to Southern California including moving costs and travel expenses; provided that Executive furnishes the Company with vouchers, receipts and other details of such expenses in the form reasonably required by the Company. The Company will also reimburse Executive for the actual real estate commissions paid by Executive on the sale of Executive’s primary residence and for closing costs for purchase of Executive’s home in California, both of which collectively shall not exceed $35,000.
Housing Benefits. In certain remote locations, the Company may provide housing related benefits where it is necessary to do so to attract employees to the region and it is also customary in the location/sector to do so. Such housing benefits will be determined by the Company from time to time and will be documented in the Company’s Remote Area Housing Policy. The benefits available under the Policy may include: ⮚ The provision of Company Owned/Leased Housing ⮚ The provision of a Housing Allowance ⮚ The provision of Assistance to the Employee to Acquire Housing. Where the Company provides Owned/Leased housing to the employee (and family where applicable), the employee will be required, as a term of their employment to: ⮚ Enter into a sub tenancy agreement with the Company, and ⮚ Make a notional contribution from their remuneration for the provision of such housing (consistent with the levels outlined in the Company’s Remote Area Housing Policy). Notional contributions required of employees under the Company’s Remote Area Housing Policy will be reviewed annually, and may be adjusted based on market practice and changes to the cost to the company of providing such accommodation. The periodic level of adjustment to the notional contributions required of employees under the Company’s Remote Area Housing Policy will be capped to % increases no greater than by which the minimum tradesman’s rate increases under this Agreement. The first review of such notional contributions will be 1 July 2007. In respect of Housing Allowances paid to employees for whom the company does not provide accommodation (to them or a relative living with them), the following rates will be paid: • $120 per week – in all cases. • $150 per week – provided the house is not supplied, made available or otherwise subsidised by an employer in the region who engages a relative with whom the employee lives.
Housing Benefits. Organic agrees to rent, at its expense, or to reimburse you for the cost of, an apartment in the San Francisco Bay Area for your use during your employment with Organic; provided that the rent for such apartment does not exceed $7500 per month and provided further that the period during which Organic will rent or reimburse you for rent shall not extend beyond December 31, 2002. Such benefit shall continue for the full period in the event you are terminated without cause as defined in paragraph 2. However, in the event you resign or are terminated for cause such rent subsidy shall cease immediately. Organic further agrees to pay you, each month during which you are employed by Organic and continuing as long as your housing benefit continues under this 2001 Agreement, an amount equal to the amount, if any, that you are required to pay as income tax on your individual tax return (IRS 1040) in connection with your use of the apartment. If you have any questions or concerns please do not hesitate to call. If you agree to the terms of this letter agreement, please sign in the place indicated below and return to my attention.
Housing Benefits a) During the entire term of his mission with TIMET, Mr. Leonhard will rxxxxxx x xxxxhly housing allowance of $2,300. The amount of the housing allowance shall not be considered as compensation under Article 3 above for purposes of calculating any bonus, pension or similar payments to which Mr. Leonhard is or may becomx xxxxxxxx provided.
Housing Benefits. Employer will continue to pay housing payment directly to landlord through December 31, 2019 in the amount of One Hundred Thirty-one Thousand Hong Kong Dollars per month (HKD $131,000/month).
Housing Benefits. The Company will continue to reimburse the Executive for all regular payments under the Executive’s present residential lease agreement through the expiration of that lease agreement on or about June 30, 2005, and, if necessary, at an equivalent rate thereafter until he first finds other employment or through and including March 31, 2006, whichever occurs first.
Housing Benefits. Executive shall be reimbursed for all out-of-pocket, direct expenses incurred in connection with the relocation of Executive’s family from Dallas, Texas to Southern California including moving costs and travel expenses; provided that Executive furnishes the Company with vouchers, receipts and other details of such expenses in the form reasonably required by the Company. The Company will also reimburse Executive for the actual real estate commissions paid by Executive on the sale of Executive’s primary residence in Dallas, Texas and for closing costs for purchase of Executive’s home in California, both of which collectively shall not exceed $42,000. In the event the Executive is not able to sell his Texas residence on a timely basis and has already purchased a home in Southern California, then the Company shall reimburse Executive for the cost of his actual mortgage payment for his primary Texas residence up to $4,000 per month until the earlier of (i) the closing of Executive’s sale of such Texas residence or (ii) February 29, 2008.
Housing Benefits. Where The Tenant is entitled to housing benefit contributions The Landlord agrees to compensate and reimburse The Agent with any amount received by The Landlord which is deemed by the Local Authority to be overpaid benefit and is subsequently clawed back by them from The Agent.
Housing Benefits. The Hospital will provide a housing allowance of $4,700 per year paid to each Staff Officer. Effective January, 2023, one payment of $2,350 shall be made on the first pay day of July and a second payment of $2,350 shall be made on the first pay day in January.
