Common use of Relocation Allowance Clause in Contracts

Relocation Allowance. Employee is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen thousand dollars ($15,000.00), paid to Employee in Employee’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee during the relocation period are reported as taxable income to the Employee, and applicable withholding taxes will be withheld from payment. Employee’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee fails to complete the first two (2) Contract Employment Years of the Contract Term, Employee is required to repay a prorated portion of the allowance, proportional to the number of months remaining in the Contract Term. Employee also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from Employee’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee would be entitled under state and federal law. Employee further agrees and understands that if the deduction from Employee’s final check does not reimburse the University in full for moving expenses paid to the Employee, Employee will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

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Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen thousand dollars Ten Thousand Dollars ($15,000.0010,000.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee Coach fails to complete the first two (2) Contract Employment Years of the Contract TermYear, Employee Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining in on the first Contract TermEmployment Year. Employee Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from EmployeeCoach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen thousand dollars Ten Thousand Dollars ($15,000.0010,000.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee Coach fails to complete the first two (2) Contract Employment Years of the Contract Term, Employee Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining in on the first Contract Employment Term. Employee Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from EmployeeCoach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00Section 50-04-0 XXXX 2 NMSA (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen ten thousand dollars ($15,000.0010,000.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee Coach fails to complete the first two (2) Contract Employment Years of the Contract TermYear, Employee Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining in on the first Contract TermEmployment Year. Employee Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from EmployeeCoach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen thousand dollars Ten Thousand Dollars ($15,000.0010,000.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. Coach’s Initial Kf If Employee Coach fails to complete the first two (2) Contract Employment Years Term for any reason, including but not limited to termination under Section 11 of this Contract, Coach shall repay the full amount of the Contract Term, Employee is required to repay a prorated portion of the allowance, proportional to the number of months remaining in the Contract TermRelocation Allowance. Employee also Coach agrees and understands that reimbursement may be accomplished in whole or in part via deduction from EmployeeCoach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee will Coach shall reimburse the University the remaining balance within sixty (60) days of the termination datelast day of his employment. All compensatory benefits are Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen thousand dollars Five Thousand Dollars ($15,000.005,000.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee Coach fails to complete the first two (2) Contract Employment Years of the Contract Term, Employee Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining in the Contract Term. Employee Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from Employeeml Coach’s Initial ml Coach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

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Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for Coach’s Initial JC relocation expenses under this section will be a one-time amount of fifteen ten thousand dollars ($15,000.0010,000.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee Coach fails to complete the first two (2) Contract Employment Years of the Contract TermYear, Employee Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining in on the first Contract TermEmployment Year. Employee Coach also agrees and understands that reimbursement may be accomplished in whole or in part via deduction from EmployeeCoach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen thousand dollars Three Thousand Dollars ($15,000.003,000.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee Coach fails to complete the first two (2) Contract Employment Years of the Contract Term, Employee Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining in the Contract Term. Employee Coach also agrees JLG Coach’s Initial _JLG and understands that reimbursement may be accomplished in whole or in part via deduction from EmployeeCoach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are Coach understands agrees that all compensation set forth in this Section is subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

Relocation Allowance. Employee Coach is eligible for a relocation allowance for costs associated with relocation in accordance with UAP 4020, New Employee Relocation Allowance. The amount for relocation expenses under this section will be a one-time amount of fifteen thousand dollars One Thousand Five Hundred Dollars ($15,000.001,500.00), paid to Employee Coach in EmployeeCoach’s regular paycheck upon the successful completion of a Relocation Allowance Request form to be submitted by the hiring officer. Relocation allowance amounts and the value of any hotel rooms or temporary housing provided at no cost to the Employee Coach during the relocation period are reported as taxable income to the EmployeeCoach, and applicable withholding taxes will be withheld from payment. EmployeeCoach’s year-end tax statement (Form W-2) will include the gross amount of this allowance and all applicable taxes withheld in the calendar year of the payment. If Employee Coach fails to complete the first two (2) Contract Employment Years of the Contract Term, Employee Coach is required to repay a prorated portion of the allowance, proportional to the number of months remaining in the Contract Term. Employee Coach also agrees sp Coach’s Initial sp and understands that reimbursement may be accomplished in whole or in part via deduction from EmployeeCoach’s final paycheck as permitted by New Mexico law, Xxxxxxx 00-0-0 XXXX (1978). The amount of the deduction will not exceed the minimum wages to which the Employee Coach would be entitled under state and federal law. Employee Coach further agrees and understands that if the deduction from EmployeeCoach’s final check does not reimburse the University in full for moving expenses paid to the EmployeeCoach, Employee Coach will reimburse the University the remaining balance within sixty (60) days of the termination date. All compensatory benefits are subject to compliance with University policies and procedures, the Mountain West Conference (MWC) rules and regulations, and the NCAA policies and procedures.

Appears in 1 contract

Samples: Intercollegiate Athletics

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