Housing Expenses. The Company understands that the Executive intends to maintain his primary residence outside the Massachusetts area for up to twelve (12) months and then intends to relocate to the Massachusetts area. Until the third anniversary of the Commencement Date, the Company agrees to provide the Executive with a housing allowance of $3,750 per month, which payments shall be increased on a fully tax grossed-up basis. The Company also will reimburse the Executive for reasonable travel, meals and lodging expenses incurred by him for up to two trips for the purpose of securing such house or apartment within a suitable distance to the Company’s headquarters. Executive shall be entitled to relocation benefits afforded by the Company to other Company executives if and when Executive decides to permanently relocate his primary residence to the Massachusetts area.
Housing Expenses. The Company understands that the Executive intends to maintain his primary residence outside the Massachusetts area. The Company agrees to provide the Executive with a housing allowance for reasonable housing and living expenses of $5,600 per month, related to the rental or purchase of a home, within suitable distance to the Company’s headquarters, which payment shall be made on a fully tax grossed-up basis. The Company also will reimburse the Executive for (i) reasonable travel, meals and lodging expenses incurred by him for up to two trips for the purpose of securing such house or apartment within a suitable distance to the Company’s headquarters and (ii) reasonable moving expenses in relocating his belongings from his residence in Florida to such house or apartment.
Housing Expenses. The Company will rent or lease on your behalf accommodation of your choice within commuting distance of London and will contribute up to a maximum value of £6,890 per calendar month towards your housing costs (covering rent, management fees, government rates and utilities). The Company will recover from you on a monthly basis any amount that it spends on your behalf over and above this figure. The Company will also cover any realtor brokerage costs and deposit requirements related to your housing. During the period before you locate permanent housing, the Company will provide appropriate transitional accommodation in either a hotel or serviced apartment for a period estimated to be one month. Other than as set forth herein, the costs associated with providing you housing will not be deducted from your compensation.
Housing Expenses. The Company shall, at its sole expense, provide the Executive with an apartment in the Indianapolis/Carmel Indiana area during the Term.
Housing Expenses. The Company will provide Employee with a housing loan of $100,000 in the form of a promissory note (the "Note") secured by all shares of Common Stock held by Employee and forgivable over a four year period at a rate of 1/4 of the loan each year based upon continued employment. The Note shall be due and payable (to the extent not forgiven) upon termination of employment with Cause, upon Voluntary Termination pursuant to Section 5(a)(iii) below, or upon the sale of such Common Stock held by Employee. The Note and any augmented amounts to the Note, as set forth below, shall be forgiven upon the Involuntary Termination of Employee pursuant to Section 5(b)(ii) below. In addition, Employee will be entitled to receive up to $48,000 in reimbursement for Employee's out of pocket expenses associated with interim housing costs. Any unused portion of such $48,000 amount may be augmented to the Note on the same terms as pertain to the Note.
Housing Expenses. Idealis shall arrange consultations regarding the rental and service costs with the SFO/Tenants’ Representatives. Each year Idealis shall discuss with the SFO the planned rental policy, the settlement of the service costs for the previous calendar year and the estimated service costs for the coming year. The rental policy and the estimated service costs for the coming year shall be adopted by the General Manager/Director. Each Individual Tenant shall be informed in a timely manner in writing of the monthly housing expenses due by 1 July. On the Idealis website a further explanation shall be given regarding the rental policy and the payment and estimate of the service costs. Refunds shall in principle take place within three months after the documents have been sent to the Individual Tenant.
Housing Expenses. During the Term, the Company shall reimburse the Executive for reasonable housing or other accommodation expenses for living accommodations located in Chicago, Illinois.
Housing Expenses. Rent or first mortgage (including taxes and insurance) $ Second mortgage/equity line of credit $ Real estate taxes (if not included above) $ Renter or homeowner's insurance (if not included above) $ Homeowner or condominium association fee $ Utilities ° Electric $ ° Gas, fuel oil, propane $ ° Water and sewer $ ° Telephone and/or cell phone $ ° Trash collection $ ° Cable/satellite television $ ° Internet service $ Cleaning $ Lawn service and/or snow removal $ Other: $ $ TOTAL MONTHLY: $ B. OTHER MONTHLY LIVING EXPENSES Food ° Groceries (including food, paper, cleaning products, toiletries, and other) $ ° Restaurant $ Transportation ° Vehicle loan, lease $ ° Vehicle maintenance $ ° Gasoline $ ° Parking, public transportation $ Clothing ° Clothes (other than child(ren)’s) $ ° Dry cleaning and laundry $ Personal grooming ° Hair and nail care $ ° Other: $ Other: $ TOTAL MONTHLY: $ C. MONTHLY MINOR CHILD-RELATED EXPENSES (for child(xxx) of the marriage or relationship) Work and/or education-related child care $ Other child care $ Extraordinary parenting time travel cost $ School tuition $ School lunches $ School supplies $ Extracurricular activities and lessons $ Clothing $ Child(ren)’s allowances $ Special and extraordinary needs of child(xxx) (not included elsewhere) $ Other: $ TOTAL MONTHLY: $ D. MONTHLY INSURANCE PREMIUMS Life $ Auto $ Health $ Disability $ Other: $ TOTAL MONTHLY: $ E. MONTHLY WORK AND EDUCATION EXPENSES FOR SELF Mandatory work expenses (union dues, uniforms, or other) $ Additional income taxes paid (not deducted from wages) $ Tuition $ Books, fees, and other $ College loan $ Other: $ $ TOTAL MONTHLY: $
Housing Expenses. The Company and Executive acknowledge that, in prior years up to and including 2024, the Company has paid Executive a $60,000 taxable housing stipend (the 1 “Stipend”). The Company, acting through the Board, will consider whether to grant Executive a stipend in subsequent years. Any such determination shall be made by the Board in its discretion. To avoid doubt, the Company is under no obligation to grant the Stipend.
Housing Expenses. The Company shall reimburse Executive for housing expenses (i.e., rental payments and utility costs) incurred by Executive for up to 6 months at an amount not to exceed $4000 per month.
