Outplacement Costs Sample Clauses

Outplacement Costs. The Company will reimburse Executive for reasonable outplacement costs associated with Executive’s search for new employment during the 12-month period following the Termination Date, such costs not to exceed $10,000 in the aggregate. To be eligible for reimbursement, such costs must be actually incurred by Executive and directly related to the termination of Executive’s employment with the Company. Executive shall submit verification of expenses to the Company within 60 days of the date the expense was incurred, and the Company shall reimburse eligible expenses promptly thereafter, and in any event no later than the last day of the second calendar year after the calendar year in which the Termination Date occurs. The Company and Executive intend the reimbursement of such costs to be excluded from deferred compensation pursuant to Treas. Reg. § 1.409A-1(b)(9)(v)(A).
AutoNDA by SimpleDocs
Outplacement Costs. Catalytica shall provide outplacement ------------------ services to the individuals set forth on Schedule 5.5(b)(ii), provided that such individual terminates employment with Catalytica and/or CESI within twelve (12) months of the Distribution Date. The total outplacement costs shall not exceed $72,000.00. Catalytica shall contract directly with the provider of outplacement services and shall assume sole liability for the payment of amounts owed to the provider of the outplacement services.
Outplacement Costs. Subject to approval of Executive's selection of a Service pursuant to Section 6 of the Resignation Agreement, the Bank and Company shall pay directly to such Service the first Thirty Thousand Dollars ($30,000.00) of costs related to Executive's effort to obtain employment. If Executive returns to school to enhance his career opportunities during the Severance Pay Period, the Bank will offset costs paid to the Service against the final two (2) monthly severance payments due under Section 1 hereof, but only to the extent Executive has not received mitigation income and benefits sufficient to offset the amount of the Bank's payments to the Service for Executive's benefit.
Outplacement Costs. Coastcast will reimburse you up to $35,000 for the cost of outplacement services, office and communication expenses and other costs incurred by you in obtaining employment, which amount shall be reimbursed monthly within five (5) business days after receipt of an itemization of all incurred expenses covered by this Paragraph 6. Reimbursement for outplacement services will commence not earlier than the eighth day after the date hereof and continue on the first business day of each month thereafter until the earlier of such time as you obtain employment or receive the maximum reimbursement specified herein.
Outplacement Costs. As further consideration, the Company will reimburse you for outplacement costs that you incur within the six (6) month period following the Separation Date in an amount not to exceed $5,000, provided you submit the receipt for such services to the Company through the Company’s regular expense reimbursement process.
Outplacement Costs. The Company shall, by way of further compensation for the Employment Protection Claims and without any admission of any liability whatsoever, make available executive outplacement services for You, up to a total cost of £15,000 (inclusive of any VAT). Payment will be made by the Company directly to the outplacement agency which provides the services against receipt of an invoice from the agency addressed to the Company.

Related to Outplacement Costs

  • Outplacement If so requested by the Executive, outplacement services shall be provided by a professional outplacement provider selected by Executive; provided, however, that such outplacement services shall be provided the Executive at an aggregate total cost to the Company of not more than ten (10) percent of such Executive's annual base salary.

  • Outplacement Benefits The Executive may, if the Executive so elects, receive outplacement assistance and services at the Company’s expense for a period of two (2) years following the Date of Termination. These services will be provided by a national firm selected by the Company whose primary business is outplacement assistance. Notwithstanding the above, if the Executive accepts employment with another employer, these outplacement benefits shall cease on the date of such acceptance.

  • Outplacement Assistance 12.1 Following a termination of employment, other than for Cause, the Executive shall be reimbursed by the Company for the costs of all outplacement services obtained by the Executive within the two (2) year period after the Effective Date of Termination; provided, however, that the total reimbursement shall be limited to an amount equal to twenty percent (20%) of the Executive’s Base Salary as of the effective date of termination.

  • Outplacement Services The Executive shall receive reasonable outplacement services, on an in-kind basis, suitable to his position and directly related to the Executive’s Involuntary Termination, for a period of eighteen (18) months following the date of the Involuntary Termination, in an aggregate amount of cost to the Company not to exceed $50,000. Notwithstanding the foregoing, the Executive shall cease to receive outplacement services on the date the Executive accepts employment with a subsequent employer. Such outplacement services shall be provided in a manner that complies with Treasury Regulation Section 1.409A-1(b)(9)(v)(A).

  • Medical Expenses 1. Employees exposed to hazardous physical, biological, or chemical agents shall be provided, at no cost to the employee, with medical examinations or evaluations required by VOSHA regulations. If there are no specific VOSHA regulations or standards for the agent in question, recommendations of the National Institute of Occupational Safety and Health or other generally recognized expert organization shall be used, as determined by the Commissioner of Health. 2. Employees determined by the Health Department to be at substantial risk for exposure to contagious diseases shall be provided appropriate vaccines. Groups at risk will be defined by the Vermont Department of Health. If no guidelines have been published by the Department of Health, the guidelines published by the Center for Disease Control in Atlanta, Georgia will apply. Vaccines and/or appropriate medical examinations will be provided at no cost to the employee according to applicable guidelines. 3. Any Department wishing to implement a Medical Monitoring Program on or after July 1, 1990, shall do so by conferring with the Health Department, and the Department of Human Resources. Prior to implementation, the Department of Human Resources shall notify VSEA. The parties shall meet within ten (10) days (unless mutually extended) after a request for negotiations by either party and thereafter on a regular basis for a period not exceeding forty-five (45) calendar days, after which the State may implement the program, whether or not the parties have bargained to genuine impasse. The VSEA shall retain all statutory impasse procedure rights as may be lawfully available to VSEA during the life of this Agreement, provided, however, the State at any time may withdraw its proposed medical monitoring program or terminate without further bargaining a medical monitoring program previously implemented, in which case, such retained statutory impasse procedure rights are extinguished.

  • Benefits; Expenses During the Term, the Company shall provide Executive and his dependents with medical insurance and such other cash and noncash benefits, on the same terms and conditions, as amended from time to time, as are generally made available by the Company to its full-time executive officers. Executive shall be entitled to four (4) weeks of paid vacation per year. The Company shall pay, or reimburse Executive for, all business expenses incurred by Executive which are related to the performance of Executive's duties, subject to timely submission by Executive of payment or reimbursement requests and appropriate documentation, in accordance with the Company’s reimbursement policies.

  • Travel Expenses CONTRACTOR shall not be allowed or paid travel expenses unless set forth in this Agreement.

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

  • Benefits Perquisites and Expenses During the Term, the Executive shall be eligible to participate in employee benefit and fringe benefit plans and programs generally available to the executive officers of the Company and such additional benefits as the Board may from time to time provide. In addition, Executive shall be entitled to receive the personal benefits described on Exhibit A hereto. Executive shall be entitled to reimbursement for business expenses, including travel and entertainment; PROVIDED, that such reimbursement shall be limited to reasonable and necessary expenses incurred by Executive in connection with the performance of duties on behalf of the Company subject to: (i) timely submission of a properly executed Company expense report form accompanied by appropriate supporting documentation, and (ii) compliance with Company policies and procedures governing business expense reimbursement and reporting based upon principles and guidelines established by the Audit Committee of the Board, including periodic audits by the Internal Audit Department of the Company and/or the Audit Committee of the Board. Notwithstanding the foregoing, Executive shall in all events be entitled to reimbursement for travel expenses incurred in the performance of job duties commensurate with reimbursement policies generally available to similarly situated Vice Presidents.

  • ALPS Compensation; Expenses (a) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer of the Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency, and custodial expenses; interest; Fund directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Fund’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

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