Relocation and Commuting Expenses Sample Clauses

Relocation and Commuting Expenses. During the Term, the Company will reimburse the Executive for reasonable, documented, out-of-pocket relocation expenses of up to $150,000 (plus any tax gross-up, below) incurred by the Executive in connection the Executive’s relocation from the New York metropolitan area to the Boston metropolitan area. In addition to any reimbursement of relocation expenses, from the Effective Date until the date the Executive relocates to the Boston metropolitan area, the Company shall reimburse all reasonable, documented commuting expenses to and from the Executive’s principal residence in the New York metropolitan area (“Commuting Expenses”). The parties agree to cooperate and use commercially reasonable efforts to cause, to the extent permitted by the Internal Revenue Code of 1986, as amended (the “Code”), any reimbursements under this Section 2.8 to be structured in a tax-efficient manner. Notwithstanding the foregoing, the Executive shall be solely liable for all income and employee-paid payroll taxes, if any, related to reimbursements of Commuting Expenses (to the extent not otherwise constituting nontaxable business expense reimbursements) and he shall be grossed up for all income taxes incurred with respect to the reimbursement of other relocation expenses incurred under this Section 2.8.
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Relocation and Commuting Expenses. To help defray the Executive's relocation and commuting expenses, the Company shall pay the Executive a lump sum payment of $260,000, grossed up for any taxes on such payment (such that the Executive shall receive the foregoing amount net after taxes) (collectively, the “Relocation Lump Sum”) within thirty (30) days following the Effective Date, subject to the Executive's employment with the Company on the payment date. The Executive agrees to relocate to the greater Minneapolis, Minnesota area on or before the date that is six (6) months from the Effective Date (the "Relocation Deadline"). Until the Executive relocates, (i) the Executive shall commute to the (ii) the Executive agrees that he typically shall spend four days a week physically working from the Company’s corporate offices. If the Executive terminates the Executive's employment hereunder without Good Reason or the Executive's employment is terminated by the Company for Cause, in either case prior to the Relocation Deadline, or if the Executive remains employed by the Company but fails to relocate to the Greater Minneapolis area prior to the Relocation Deadline, the Executive shall repay to the Company the entire Relocation Lump Sum within thirty (30) days after (i) the Relocation Deadline or (ii) if earlier, the date of the Executive's termination of employment with the Company.
Sample 1
Relocation and Commuting Expenses. To help defray the Executive's relocation and commuting expenses, the Company shall pay the Executive a lump sum payment of $200,000, grossed up for any taxes on such payment (such that the Executive shall receive the foregoing amount net after taxes) (collectively, the "Relocation Lump Sum") in January 2020 (but in no event prior to 30 days following the Effective Date), subject to the Executive's employment with the Company on the payment date. The Executive agrees to relocate to the greater Boston, Massachusetts area on or before the twenty-four (24)-month anniversary of the Effective Date (the "Relocation Deadline"). Until the Executive relocates, (i) the Executive shall commute to the Company's offices in Boston on a weekly basis from his current home state; and (ii) the Executive agrees that he typically shall spend four days a week physically working from the Company's Boston offices. If the Executive terminates the Executive's employment hereunder without Good Reason or the Executive's employment is terminated by the Company for Cause, in either case prior to the Relocation Deadline, or if the Executive remains employed by the Company but fails to relocate to the Boston area prior to the Relocation Deadline, the Executive shall repay to the Company the entire Relocation Lump Sum within 30 days after (i) the Relocation Deadline or (ii) if earlier, the date of the Executive's termination of employment with the Company.
Sample 1
Relocation and Commuting Expenses. Subject to Executive providing reasonable documentation to the Company, the Company shall reimburse Executive up to a total of Sixty-Seven Thousand Dollars ($67,000) annually for transportation, commuting, lodging and other relocation expenses (including moving and house hunting expenses and other direct costs incurred in connection with any relocation) incurred by Executive during the Term.
Sample 1
Relocation and Commuting Expenses. The Company will pay or reimburse the Executive up to fifty thousand ($50,000) for reasonable and customary relocation costs incurred in relocating to the Boston area by August 1, 2018 or, the event the initial filing of the NDA is delayed beyond March 30, 2018, September 30, 2018 (such date, the “Relocation Date”), subject to such reasonable documentation and substantiation as the Company may specify from time to time. The Company will also reimburse the Executive for reasonable and customary monthly commuting expenses, consistent with The Company’s travel practices, through the Relocation Date (such commuting period, the “Commuting Period”). It is understood and agreed that through the initial filing and NDA filing, the Executive will be on site at the Company’s offices in Massachusetts for a minimum of three to four (3-4) days per week. For the balance of the Commuting Period, the Executive will be on site at the Company’s offices in Massachusetts for an average of at least two (2) weeks each month, unless she is traveling on behalf of the Company.
Sample 1
Relocation and Commuting Expenses. The Company will pay for or reimburse Executive for expenses incurred in connection with Executive’s commute between the Illinois and Dallas/Fort Worth areas and the eventual relocation to the Dallas/Fort Worth area. The Company’s payment and reimbursement of commuting will be limited to Executive’s actual expenses and will not exceed $35,000 (the “Commuting Expenses”). Executive shall be entitled to reimbursement of reasonable relocation expenses actually incurred, including purchase and sale transaction expenses, temporary housing costs and related incidental expenses in an aggregate amount up to $165,000, grossed-up so that such expenses are tax-neutral to Executive (the “Relocation Expenses”); provided, however, that such reimbursement of Relocation Expenses shall be subject to the following: (i) if Executive relocates his family to the Dallas/Fort Worth area within six months from the Effective Date, Executive will be eligible for reimbursement of Relocation Expenses for an eighteen (18) month period following the Effective Date or (ii) if Executive does not relocate his family to the Dallas/Fort Worth area within six months from the Effective Date, Executive will be eligible for reimbursement of Relocation Expenses for the six-month period following the Effective Date. If Executive resigns his employment with the Company for any reason, or if Executive is terminated by the Company for cause, and such resignation or termination occurs on or before the two-year anniversary of the Effective Date, Executive will repay the Company for all amounts paid to Executive as Commuting Expenses and Relocation Expenses.
Sample 1
Relocation and Commuting Expenses. (a) The Company shall reimburse the Employee for reasonable interim commuting and lodging expenses as well as relocation, expenses incurred, not to exceed $50,000, relating to the Employee’s interim commuting and lodging expenses as well as relocation from California to Massachusetts (including transportation and moving of household items and any other related out-of-pocket moving expenses) (the “Relocation and Commuting Expenses”), upon presentation by the Employee of documentation, expense statements, receipts, vouchers and/or such other supporting information as the Company may request. (b) The Company shall pay the Employee a gross up payment equal to the sum of any federal and state income taxes and social security and medicare employment taxes (collectively, the “Taxes”) payable with respect to the Relocation Expenses and Commuting Expenses, plus such additional Taxes as may be imposed on the Employee attributable to the receipt of such gross up payment. Any such payment for Taxes shall be made no later than the end of the Employee’s taxable year next following the Employee’s taxable year in which the Employee’s remits the Taxes.
Sample 1
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Relocation and Commuting Expenses. The Executive hereby agrees to relocate within 50 miles of the Company’s executive offices, which will be established at a location to be determined by the Board, currently anticipated to be Lake Mary, Florida. (a) The Company will provide the Executive with a lump-sum payment of $50,000 (the “Relocation Payment”) for all reasonable and necessary actual out-of-pocket relocation expenses paid or incurred by the Executive. The Relocation Payment will be made within thirty days after the Executive completes the relocation. (b) If this Agreement is terminated under Section 5(c) or 5(g) within 2 years of the Executive completing his relocation then the Executive will reimburse the Company the full amount of the Relocation Payment (c) The Executive will complete the relocation process not later than August 31, 2009. During the period from the Effective Date up to the date when the Executive completes his relocation, the Executive’s office will be located in Central Florida and the Executive will commute between the office and his current residence. (d) During the period from the Effective Date until the completion of the Executive’s relocation the Company will reimburse the Executive for reasonable out of pocket travel expenses incurred in commuting between the Executive’s home in Ellicott City, Maryland and the Company’s offices in Central Florida. (e) During the period from the Effective Date until the completion of the Executive’s relocation the Company will reimburse the Executive for reasonable out of pocket expenses incurred for temporary housing and meals while in Florida.
Sample 1
Relocation and Commuting Expenses 
Sample 1

Related to Relocation and Commuting Expenses

  • Relocation Costs If relocation occurs after the Commencement Date, then Landlord shall pay Tenant's reasonable third-party costs of moving Tenant's furnishings, telephone and computer wiring, and other property to the Substitute Premises, and reasonable printing costs associated with the change of address.

  • Relocation Expenses The Company shall promptly reimburse the Executive for all relocation expenses as described below. The Company will only pay for reasonable broker fees in connection with the sale of the Executive’s existing residence, reasonable out-of-pocket fees and expenses but not taxes payable in connection with such sale (other than transfer taxes), the packing and moving of all household goods and shipment of three automobiles based upon a competitive bid obtained through the Company’s human resources department, and fees and expenses, but not broker fees or mortgage financing fees in excess of two points, in connection with the purchase of a residence. The Executive shall be entitled to the preceding relocation expenses as long as they are incurred within eighteen (18) months of such determination to relocate (the “Commencement Date”). Between the Commencement Date and the earlier of (1) the date the Executive’s family relocates or (2) six months after the Commencement Date (the “Transition Period”), the Executive may make no more than fifteen round trips by air at the Company’s expense to commute to his last residence or such other place as Executive shall determine. The Executive will also be reimbursed for reasonable expenses associated with commuting during the Transition Period, including two trips to any such new location for his spouse for purposes of relocation-related planning, and for temporary housing and rental car expenses at any such new location. In respect of the two trips to the new location for the Executive’s spouse, the Company will reimburse the Executive for first-class travel arrangements for the Executive’s spouse only. The Executive will be entitled to receive an additional payment to cover any federal, state, and local income taxes that he incurs in connection with any reimbursement for relocation expenses that are not tax deductible. The Executive will be entitled to reimbursement for miscellaneous household expenses incurred in connection with the relocation in order to put the Executive’s new residence into move-in condition in an amount not to exceed twenty thousand dollars ($20,000.00).

  • Travelling Expenses Without limiting the generality of the clause, travelling expenses shall be:

  • Closing Expenses Seller shall pay for the preparation of the Special Warranty Deed, such deed to substantially conform to the provisions of the deed attached hereto as Exhibit B and incorporated by this reference herein. Seller shall provide and pay for all other documents necessary to perform Seller's obligations under this Contract, its attorney’s fees and for the "Grantor’s Tax". Buyer shall pay for (a) recording the Deed and for preparation and recording of all instruments required to secure the balance of the Purchase Price unpaid at Closing, (b) all recordation and transfer taxes, other than the "Grantor's Tax," (c) its attorney’s fees, (d) all costs of a title examination, a title report, a title commitment and one or more title insurance policies, and (e) all other Closing costs, including without limitation, fees to the Settlement Agent.

  • Living Expenses You will normally live in Oxford while you are a Matriculated Non-Award Student and will need to pay for your living costs such as food, accommodation, and personal items, unless this is being covered by your home institution.

  • Business Expense Reimbursements During the Term, the Company shall promptly reimburse Executive for Executive’s reasonable and necessary business expenses in accordance with the Company’s then-prevailing policies and procedures for expense reimbursement (which shall include appropriate itemization and substantiation of expenses incurred).

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Business Expenses The Company shall pay or reimburse the Executive for all reasonable and necessary business expenses incurred or paid by the Executive in the performance of his duties and responsibilities hereunder, subject to any maximum annual limit or other restrictions on such expenses set by the Board and to such reasonable substantiation and documentation as may be specified by the Company from time to time.

  • Business Expense Reimbursement During the Term of employment, the Executive shall be entitled to receive proper reimbursement for all reasonable, out-of-pocket expenses incurred by the Executive (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided the Executive properly accounts therefore.

  • Meal Reimbursement When an employee is specifically directed by the City to work two (2) hours or longer at the beginning or end of their normal work shift away from their place of residence of at least eight (8) hours or work two (2) hours or longer at the end of their work shift of at least eight (8) hours when the employee is called in to work on their regular day off, or otherwise works under circumstances for which meal reimbursement is authorized per Ordinance 111768 and the employee actually purchases a reasonably priced meal away from his place of residence as a result of such additional hours of work, the employee shall be reimbursed for the "reasonable cost" of such meal in accordance with Seattle Municipal Code (SMC) 4.20.

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