Relocation Adjustment Sample Clauses

Relocation Adjustment. Bioject will reimburse the Executive an amount equal to $75,000, net of applicable income taxes, which amount represents a one time cost of living adjustment associated with the Executive relocating to New Jersey. In addition, the Executive will be reimbursed by the company for customary relocation expenses including: moving expenses of household goods; temporary living and house hunting expenses; closing costs and real estate commissions on the sale of Executive’s house up to 6%.
Sample 1
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Relocation Adjustment. Company shall provide Executive with up to $6,000 each month to be used for accommodations at hotels, rent for a personal residence in Seattle, Washington, trips to and from Tulsa, Oklahoma for himself and/or his wife and family and for any additional expenses agreed to by Company (the “Relocation Adjustment”). For so long as the Relocation Adjustment is paid for these expenses, reimbursement shall be subject to the evidence requirements of Section 7(a) above. Executive shall receive the Relocation Adjustment for a period of 4 years from the Effective Date (the “Payment Period”), provided, however, if, during the Payment Period, Company relocates its corporate headquarters to Tulsa, Oklahoma, Company shall no longer be required to pay the Relocation Adjustment. If, during the Payment Period, Company relocates its corporate headquarters from Seattle, Washington to a location in the United States other than Tulsa, Oklahoma, Executive and Company shall determine whether the Relocation Adjustment shall be adjusted or terminated. If Executive purchases a home in Seattle, Washington or a nearby suburb, Company shall pay the entire Relocation Adjustment ($6,000) each month throughout the remainder of the Payment Period. The Relocation Adjustment may be adjusted or terminated upon mutual agreement of Company and Executive. Payment of the Relocation Adjustment shall be subject to any federal or state withholding or employment taxes, as may be applicable. Any tax incurred by Executive as a result of payment of the Relocation Adjustment, other than federal or state withholding or employment taxes, shall be payable by Executive.
Sample 1

Related to Relocation Adjustment

  • Escalation Adjustments The base airframe and special features price will be escalated according to the applicable airframe and engine manufacturer escalation provisions contained in Exhibit D of the Agreement. Buyer agrees that the engine escalation provisions will be adjusted if they are changed by the engine manufacturer prior to signing the Option Aircraft Supplemental Agreement. In such case, the then-current engine escalation provisions in effect at the time of execution of the Option Aircraft Supplemental Agreement will be incorporated into such agreement.

  • Consideration Adjustment The Parties agree to treat all payments made pursuant to this Article IX as adjustments to the Cash Distribution for Tax purposes, except as otherwise required by Law following a final determination by the U.S. Internal Revenue Service or a Governmental Authority with competent jurisdiction.

  • Anti-Dilution Adjustment For the avoidance of doubt, the terms of Section 4(c) of the Plan, relating to anti-dilution adjustments, will apply to the SAR.

  • Dilution Adjustments The Exchange Rate, Appreciation Threshold Price and Initial Price shall be subject to adjustment from time to time as follows:

  • Capitalization Adjustments The number of Shares subject to the Option and the exercise price per Share shall be equitably and appropriately adjusted as provided in Section 12.2 of the Plan.

  • Anti-Dilution Adjustments For all purposes of this Section 3.10, the number of shares of Class A Common Stock and the corresponding number of Common Units shall be determined after giving effect to all anti-dilution or similar adjustments that are applicable, as of the date of exercise or vesting, to the option, warrant, restricted stock or other equity interest that is being exercised or becomes vested under the applicable Stock Option Plan or other Equity Plan and applicable award or grant documentation.

  • Annual Compensation Adjustments During the Employment Period, the Board of Directors of the Company (or an appropriate committee thereof) will consider and appraise, at least annually, the contributions of the Executive to the Company, and in accordance with the Company’s practice prior to the Change in Control of the Company, due consideration shall be given to the upward adjustment of the Executive’s Annual Base Salary, at least annually, (a) commensurate with increases generally given to other executives of the Company of comparable status and position to the Executive, and (b) as the scope of the Company’s operations or the Executive’s duties expand.

  • Antidilution Adjustments The provisions of this Warrant are subject to adjustment as provided in this Section 5.

  • Certain Adjustments The Exercise Price and number of Warrant Shares issuable upon exercise of this Warrant are subject to adjustment from time to time as set forth in this Section 9.

  • Merger Consideration Adjustment (a) Within ninety (90) days after the Closing Date, the Purchaser’s Chief Financial Officer (the “CFO”) shall deliver to the Purchaser Representative and the Seller Representative a statement (the “Closing Statement”) setting forth (i) a consolidated balance sheet of the Target Companies as of the Reference Time and (ii) a good faith calculation of the Closing Net Indebtedness, Net Working Capital and Transactions Expenses, in each case, as of the Reference Time, and the resulting Merger Consideration using the formula in Section 1.07. The Closing Statement shall be prepared, and the Closing Net Indebtedness, Net Working Capital and Transactions Expenses and the resulting Merger Consideration and shares shall be determined in accordance with the Accounting Principles and otherwise in accordance with this Agreement.

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