MOTOR CAR Sample Clauses
MOTOR CAR. The Company shall provide or procure the provision to the Officer during the Employment and for the purposes thereof with a motor car deemed by the Company to be appropriate to the status of the Employment and shall be responsible for payment of the whole expenses of maintaining and running such motor car including insurance, petrol and maintenance. The Officer shall be entitled to make reasonable use of the said motor car for private purposes but shall not take, or allow to be taken, the said motor car outside the United Kingdom without the prior written consent of the Company.
MOTOR CAR. The Company shall pay to the Executive a car allowance at the rate of £12,000 per year, payable in arrears by equal monthly instalments and subject to applicable deductions. The Company shall also pay for road tax, insurance and fuel (for both personal and business use) for one car. The car allowance and related benefits shall not be an addition to salary and shall not count towards any salary related benefits, including without limitation the Executive’s pension.
MOTOR CAR. To assist in the performance of his duties the Company shall during the Term provide the Executive with a motor car of a cost and type to be determined from time to time by the Board and subject to any terms and conditions which the Company may from time to time impose on the Executive in relation thereto. Subject to such terms and conditions the Company shall bear the cost of insuring testing taxing repairing and maintaining the car and shall reimburse to the Executive all running expenses of the car properly incurred in connection with the performance of duties
MOTOR CAR. 7.1 Subject to clause 5.9 above, The Company will provide a cash alternative, in accordance with it’s car policy as may be amended from time to time for use by the Executive in the performance of his duties hereunder and the Executive will use the same as may be necessary.
7.2 The Executive will (so far as the law permits) at all times be the holder of a current driving licence entitling him to drive the motor car on public roads in the United Kingdom and on request will produce it to the Company.
MOTOR CAR. At his option, the Executive may notify the Company that a stated percentage of his monthly salary shall be paid towards the expense of leasing a car for the Executive.
MOTOR CAR. (a) The Company shall provide and maintain for the sole use of the Executive a Motor Car and all expenses and petrol in connection with its private and business use shall be paid or reimbursed to the Executive by the Company on presentation of appropriate receipts if required, subject to the provisions of clause 8.2 above.
(b) A new Motor Car will be supplied to the Executive after 3 years or 75,000 miles, whichever occurs first.
(c) The Motor Car may be used by persons other than the Executive with the Executive's permission and provided that such use is in compliance with the Company's motor insurance policy covering the Motor Car.
(d) The Executive shall not authorise any person to use the Motor Car who is not in possession of a valid driving licence.
(e) The Company reserves the right to vary the terms and/or rules regarding Company vehicles.
(f) The Executive shall abide by the Company's Car Scheme Rules in force from time to time.
MOTOR CAR. 10.1 The Company will provide a car for Executive’s business and minimal private use up to a value of €100,000 provided that such a car is full electric, which is subject to special benefit-in-kind (“BIK”) payments whereby the first €45,000 in value is exempt from BIK calculations under current legislation. If not provided with the car, the Company will cover the cost of a charging unit for the Executive at his principal private residence. Appropriate BIK amounts will be deducted via payroll (subject to car-pooling relief). Should legislation change the Company will not be responsible to adjust the net BIK and any new BIK will be deducted from payroll. The Company will fund the tax and insurance cost of the motor car. A full Company car policy and terms will be agreed before commencement date.
10.2 If Executive does not wish to avail of the Company car option, a gross annual payment of €12,000 will be paid with annual salary.
MOTOR CAR. 9.1 The Company shall provide a car of a type appropriate to the Executive's position in the Company in accordance with the Company's policy from time to time for the use of the Executive in the performance of his duties under this Agreement and shall pay running expenses in connection therewith insofar as they are properly and reasonably incurred by the Executive in the performance of his duties in accordance with the Company's policy from time to time.
9.2 Subject to such restrictions and upon such conditions (if any) as the Company may from time to time impose, the Executive shall be entitled to use such car for his own private use. The Executive shall not permit the car to be taken out of the United Kingdom without the prior written consent of the Company.
9.3 The Executive shall return such car to the Company immediately after the termination of his employment under this Agreement or if he ceases at any time during the period of his employment under this Agreement to hold a valid and current license to drive private motor cars.
9.4 The Executive shall at all times take good care of the car and procure that (the cost of doing so being borne by the Company) it is property taxed, kept in a roadworthy condition and that the provisions and conditions of any policy of insurance relating thereto are observed.
MOTOR CAR. The Company will provide the Director with a motor car of a type and make suitable for the status of the Director (currently Jaguar XJS) and which shall be changed for a new model every three years, and shall pay all expenses in connection therewith provided always that the Director will take good care of the same and return the same to the address of the Company first hereinbefore mentioned in good condition (reasonable wear and tear only excepted) immediately on termination of Director's employment or of this agreement.
MOTOR CAR. The Company shall provide the Executive with a motor car for his business and personal use of a type appropriate to the position of the Executive in accordance with the Company’s car scheme in operation from time to time. The Company shall contribute towards the insurance premiums, maintenance and repair expenses in connection with the motor car in accordance with the Company’s car scheme in operation from time to time. The Company shall have the right to change its arrangements for or to vary or withdraw any part or parts of the Company’s car scheme as it sees fit. The Executive shall at all times conform to all regulations which may from time to time be imposed by the Company with respect to motor cars provided by the Company for use by its personnel. Upon termination of his employment for whatever reason or if the Executive ceases for any reason to hold a valid driving licence the Executive shall forthwith return the motor car to the Company.