Lump Sum Allowance Sample Clauses

Lump Sum Allowance. Once your move is scheduled, Rackspace will provide you with a one-time lump sum allowance in the amount of $75,000.00 (gross), intended to assist with usual and customary out-of-pocket relocation expenses. The allowance will be funded by the relocation provider, currently Relocation Synergy Group (RSG). You are responsible for applicable taxes on the payment. Temporary Living Rackspace will provide you and your family with temporary accommodations up to a maximum of 60 days. RSG will book these arrangements for you in accordance with Rackspace guidelines. Rackspace will cover up to two trips home while in temporary living. Reimbursement of economy flights or mileage will be at the IRS current rate only. Home Search Trip Covered by lump sum allowance. Final Relocation Trip Covered by lump sum allowance. Home Marketing Assistance Referral to RSG approved broker; assistance with marketing strategies and contract negotiations. No home sale closing costs. Home Search/Rental Assistance Referral to RSG approved broker or rental agent; with preferred mortgage lender, if applicable. No new home closing costs will be covered.
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Lump Sum Allowance. Once your move is scheduled, Rackspace will provide you with a one-time lump sum allowance in the amount of $100,000.00 (gross), intended to assist with usual and customary out-of-pocket relocation expenses. The allowance will be funded by the relocation provider, currently Relocation Synergy Group (RSG). You are responsible for applicable taxes on the payment. Temporary Living Rackspace will provide you and your family with temporary accommodations up to a maximum of 60 days. RSG will book these arrangements for you in accordance with Rackspace guidelines. Rackspace will cover up to two trips home while in temporary living. Reimbursement of economy flights or mileage will be at the IRS current rate only. Home Search Trip Covered by lump sum allowance. Final Relocation Trip Covered by lump sum allowance. Home Marketing Assistance Referral to RSG approved broker; assistance with marketing strategies and contract negotiations. No home sale closing costs. Home Search/Rental Assistance Referral to RSG approved broker or rental agent; with preferred mortgage lender, if applicable. No new home closing costs will be covered. Shipment and Unpacking of Household Goods You are eligible for a full pack and move including unpacking services. (Pack, load, ship, unload, and unpack household goods.) Fully insured. Up to two (2) automobiles, if moving over 500 miles. No storage. Initials: HW Company: Employee: DSS
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Lump Sum Allowance. (LSA) - the tax-free cash limit you can get from your pension(s) currently set at £268,275 from 6 April 2024.
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Lump Sum Allowance. The lump sum allowance provisions will be available to eligible employees, both homeowners and nonhomeowners, on the basis described below.
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Lump Sum Allowance. You will be provided a $67,000 (less taxes) lump sum to use for all out of Pocket expense not provided in your relocation benefit package. Relocation Synergy will process this payment upon signing your relocation payback agreement. Return Trips Home: Up to thirteen (13) trips home while in temporary housing. Economy flights or mileage reimbursement at IRS current rate. These trips are being furnished in recognition of the fact that your job duties are based in San Antonio, and that it is necessary for you to commute home periodically while your family prepares to relocate to San Antonio. As such, these trips are considered business travel and should be exempt from tax.
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Related to Lump Sum Allowance

  • Lump Sum The Change Order cost is determined by mutual agreement as a lump sum amount changing the Contract Sum allowed for completion of the Work. The Change Order shall be substantiated by documentation itemizing the estimated quantities and costs of all labor, materials and equipment required as well as any xxxx-up used. The price change shall include the cost percent allowed for the Contractor's overhead and profit and, if eligible, Time Dependent Overhead Costs.

  • Lump Sum Payments If, during the Employment Period, the Company terminates the Executive's employment other than for Cause, or the Executive terminates employment for Good Reason, the Company shall pay to the Executive the following amounts:

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Severance Allowance A laid-off employee shall be entitled to severance allowance pursuant to Article 55.

  • Lump Sum Payment Upon award of the contract for this improvement, the LA will pay to the STATE, in lump sum, an amount equal to 80% of the LA’s estimated obligation incurred under this Agreement, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs. Method B - Monthly Payments. Upon award of the contract for this improvement, the LA will pay to the STATE, a specified amount each month for an estimated period of months, or until 80% of the LA’s estimated obligation under the provisions of the Agreement has been paid, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs.

  • Moving Allowance (a) When an employee is displaced under the provisions of this Title because of lack of work at his/her headquarters, and the employee’s new headquarters is beyond commutable distance from his/her residence, Company shall reimburse the employee for the reasonable costs incurred in connection with moving his/her household in a sum not to exceed $2,400. (Amended 1-1-94)

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

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