Common use of Maximum Reimbursement Clause in Contracts

Maximum Reimbursement. An individual employee’s maximum eligibility for reimbursement for the use of public transportation in commuting to and from work is equal to half (50%) of the employee’s actual documented costs, not to exceed seventy-five ($75) dollars in reimbursement per month. Each employee receiving transportation reimbursement shall be responsible for any and all tax liability resulting from that reimbursement.

Appears in 4 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!