Housing costs for the Employee in England Sample Clauses

Housing costs for the Employee in England. The parties recognise that the new organisation of Mr ABITEBOUL's role and his secondment to England on a full-time basis will mean that the Employee must find temporary accommodation in England. In this regard, subject to Xx XXXXXXXXX effectively looking for fixed accommodation, Cheniere Supply & Marketing, Inc. will pay to the relevant Landlord for Xx Xxxxxxxxx a contribution of a total sum in Pounds Sterling, which is intended to cover expenses relating to Mr Abiteboul's temporary housing, during the secondment, which sum shall not exceed the Euro equivalent of a maximum of EUR 200,000 per annum (the "Housing Allowance"). In addition, at the commencement of the secondment period, Cheniere Supply & Marketing, Inc. will pay to Xx XXXXXXXXX reasonable installation costs on presentation of receipts. The sums paid to Xx XXXXXXXXX by way of housing expenses are subject to the relevant social security and other deductions as required by law. For the avoidance of doubt, the amounts paid to Xx XXXXXXXXX under clauses 5.1, 5.2 and 5.3 will not be taken into account for the purposes of calculating his remuneration for the purposes of other payments to Xx XXXXXXXXX, including (without limitation) the calculation of bonus payments, contributions to retirement plans, payments on change of control, termination payments etc.
Sample 1
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Housing costs for the Employee in England. The parties recognise that Mr ABITEBOUL's secondment to England means that the Employee must have temporary accommodation in England. In this regard, Cheniere Supply & Marketing, Inc. will pay to the owner of the property, on behalf of Xx XXXXXXXXX, a contribution in pounds sterling to cover the costs of temporary accommodation for Xx XXXXXXXXX during his secondment, such sum not to exceed a maximum of 200,000 euros per annum (the "Housing Allowance"). It is understood that the reimbursement of such expenses will immediately cease on the termination of the secondment, for whatever reason and whichever party terminates the secondment. The sums paid to Xx XXXXXXXXX by way of Housing Allowance are subject to the relevant social security and other deductions as required by law, which fact Xx XXXXXXXXX expressly accepts. For the avoidance of doubt, the amounts paid to Xx XXXXXXXXX under clause 5.1 will not be taken into account for the purposes of calculating his remuneration for the purposes of other payments to Xx XXXXXXXXX, including (without limitation) the calculation of bonus payments, contributions to retirement plans, payments on change of control, termination payments etc.
Sample 1

Related to Housing costs for the Employee in England

  • Agreements of the Employee In consideration of the compensation and benefits to be paid or provided to the Employee by the Employer under this Agreement, the Employee covenants as follows:

  • Acceptance of Employment by the Executive The Executive hereby accepts such employment and shall render the services and perform the duties described above.

  • By the Employee This Agreement and the obligations created hereunder may not be assigned by the Employee, but all rights of the Employee hereunder shall inure to the benefit of and be enforceable by his heirs, devisees, legatees, executors, administrators and personal representatives.

  • Procedure at the Closing At the Closing, the parties agree to take the following steps in the order listed below (provided, however, that upon their completion all of these steps shall be deemed to have occurred simultaneously):

  • Successor to the Executive This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal representatives, executors, administrators, heirs, distributees, devisees and legatees. In the event of the Executive’s death after his termination of employment but prior to the completion by the Company of all payments due him under this Agreement, the Company shall continue such payments to the Executive’s beneficiary designated in writing to the Company prior to his death (or to his estate, if the Executive fails to make such designation).

  • ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment or in the event that the Investment Management Agreement between the Manager and the Fund shall have terminated for any reason; and this Agreement shall not be amended unless such amendment is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Fund, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Fund who are not interested persons of the Fund or of the Manager or the Portfolio Manager.

  • By the Executive Other than for Good Reason The Executive may terminate his employment hereunder at any time upon thirty (30) days’ notice to the Company. In the event of termination of the Executive pursuant to this Section 5(f), the Board may elect to waive the period of notice, or any portion thereof, and, if the Board so elects, the Company will pay the Executive his Base Salary for the first thirty (30) days of the notice period (or for any remaining portion of that period). The Company shall have no further obligation to the Executive, other than for any Final Compensation due to him.

  • AGREEMENTS OF THE EXECUTIVE In consideration of the compensation and benefits to be paid or provided to the Executive by the Employer under this Agreement, the Executive covenants as follows:

  • Assignment by the Executive This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

  • Covenants of the Employee In consideration of the acknowledgments by the Employee, and in consideration of the Compensation to be paid or provided to the Employee by the Employer, the Employee covenants that the Employee will not, directly or indirectly:

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