Relocation and Moving Expenses. During the eighteen month period following the Company’s initial Public Offering and for so long as Executive continues in the employment of the Company, at his election to relocate to Orange County, California, the Company will pay for (i) up to 2 round-trip airfares for Executive’s immediate family to come to Orange County to participate in identifying a home in Orange County (the “New Home”) and (ii) the consequential costs of selling Executive’s home in Massachusetts (the “Current Home”) including brokers’ fees, closing costs, title insurance, and other incidental customary closing costs (the “Relocation Expenses”). In addition, upon such election to relocate the Company shall pay for Executive’s reasonable moving expenses in connection with Executive’s relocation from Executive’s Current Home to Executive’s New Home, specifically the cost of movers for Executive’s personal property including up to two automobiles (the “Moving Expenses”). To the extent that such Relocation Expenses hereunder are subject to income taxes payable by Executive, the Company shall pay Executive an amount to reimburse Executive for such income taxes due on a gross-up basis. The Company shall promptly reimburse Executive for Moving and Relocation Expenses upon Executive’s submission of documentation (including receipts and invoices) supporting the expenses for which Executive claims reimbursement. Executive agrees to cooperate with the Company so as to obtain favorable rates for the costs and services for which the Company shall reimburse Executive. The Company agrees that it will act reasonably in approving and reimbursing Executive for the Relocation and Moving Expenses.
Relocation and Moving Expenses. To partially offset closing costs, legal fees, and other onetime relocation expenses, the District will reimburse the Superintendent, in an amount equal to three percent (3%) of her annual salary, plus the actual costs for moving company services up to a cap of the average of three bona fide moving estimates from moving companies. Such reimbursement is a onetime payment to be made after a move is completed and it shall be made only if the Superintendent’s relocation is to reside within the boundaries of the District. This provision will expire on June 30, 2024. To the extent such payments are taxable, the parties shall comply with any applicable IRS regulations for appropriate withholdings. Such payments herein shall not be PSERs eligible payments.
Relocation and Moving Expenses. In addition to the Benefits Plans, the Company or its affiliates shall provide the Executive with the following additional benefits: (i) an unsecured, subordinated loan from the Company or its affiliates in such amount as requested by the Executive, not to exceed $500,000, bearing interest at the then applicable federal rate for loans with a one-year maturity date published by the Internal Revenue Service from time to time under Section 1274(d) of the Internal Revenue Code to enable the Executive to purchase a new home, (ii) transitional housing expenses for the period from the Effective Date until the Executive purchases a new home in an amount not to exceed $4,300 per a month, (iii) relocation and moving expenses paid by the Executive within twelve months from the Effective Date, which shall include the fees, if any, required to be paid by the Executive to realtors in Dublin, Ohio and Vancouver, Washington, and household moving fees and closing costs, in an amount not to exceed $45,000), and (iv) the costs incurred in connection with (a) three round trips to Portland, Oregon for the Executive’s immediate family and (b) five round trips to Portland, Oregon for the Executive.
Relocation and Moving Expenses. The Company will provide you a $10,000 payment to cover relocation and moving expenses, to be paid within 30 days following execution of the contemplated employed agreement.
Relocation and Moving Expenses. The Executive will receive reimbursement from the Company of up to Thirty Thousand Dollars ($30,000) for costs and expenses associated with Executive’s relocation to Las Vegas, Nevada. Acceptable reimbursable costs and expenses include (i) customary commission costs incurred related to the sale of Executive’s primary residence, (ii) reasonable expenses associated with relocation of the contents of Executive’s primary residence (including packing, shipping and insuring said contents), (iii) reasonable travel expenses for appropriate transportation of Executive and Executive’s family associated with Executive’s relocation to Las Vegas, Nevada, (iv) temporary housing for up to three (3) months, beginning on the date of Executive’s hire, and (v) storage of Executive’s household goods for up to six (6) months, beginning on the date of Executive’s hire. Any reimbursement of expenses payable under this Agreement shall be made in accordance with Treasury Regulation Section 1.409A-3(i)(1)(iv) and shall be paid promptly following Executive’s proper request therefor, and in any event on or before the last day of the Executive's taxable year following the taxable year in which the Executive incurred the expenses.
Relocation and Moving Expenses. During the six (6)-month period beginning on the Effective Date, the Company shall pay Executive a cash stipend of $25,000 per month to cover transitional relocation expenses, such as housing (including apartment rental), travel and other similar expenses. In addition, the Company shall reimburse Executive for reasonable moving expenses incurred by Executive and his family during their relocation from Executive’s primary residence to the Company’s headquarters, such reimbursement to be in accordance with the Company’s relocation policy.
Relocation and Moving Expenses. Itron shall pay or reimburse Executive for the following expenses incurred by Executive in connection with his relocation to the Spokane, Washington area:
(a) reasonable temporary living expenses, for a period of up to 180 days, incurred by Executive and his family for food, lodging and other incidentals, including a rental or leased car if necessary;
(b) reasonable costs incurred by Executive for trips between Lynnwood, New Jersey and Spokane, Washington during the temporary living period;
(c) reasonable expenses (including airfare, lodging and meals) incurred by Executive's spouse in connection with homefinding trips to Spokane, Washington;
(d) reasonable moving expenses incurred by Executive and his family in connection with the moving of their household goods, personal possessions and cars (mileage or moving expense) from Lynnwood, New Jersey to the Spokane, Washington area (moving company to be selected by Executive from three bids);
(e) if Executive sells his home in Lynnwood, New Jersey, reasonable expenses associated with that sale, including commissions; if Executive is unable with reasonable effort to sell his home in Lynnwood, New Jersey by September 1, 1999, the costs associated with purchase and resale of said home through an executive relocation home purchase firm; and
(f) a lump sum payment equal to two months of Executive's base salary to cover incidental expenses associated with the relocation of Executive and his family to Spokane, Washington.
Relocation and Moving Expenses. The Company shall pay or reimburse Executive for the following expenses incurred by Executive in connection with his relocation to the Spokane, Washington area:
(a) reasonable temporary living expenses, for a period of up to 60 days, incurred by Executive and his family for food, lodging (in a hotel, apartment or club), and other incidentals, including a rental car if necessary;
(b) reasonable expenses costs incurred by Executive for up to four round trips between Houston, Texas and Spokane, Washington during the first 60 days of Executive's employment;
(c) reasonable expenses (including airfare, lodging and meals) incurred by Executive's spouse in connection with a homefinding trip of up to seven days to Spokane, Washington;
(d) reasonable moving expenses incurred by Executive and his family in connection with the moving of their household goods, personal possessions and car (mileage or moving expense) from Houston, Texas to the Spokane, Washington area; and
(e) if Executive purchases a home in the Spokane, Washington area within the first year of his employment by the Company, the reasonable costs incurred by Executive in connection with the closing of the purchase of such home, including credit reports, surveys, title insurance, brokers commissions, pre-purchase inspection fees, transfer fees, bank loan origination fees and other closing fees.
Relocation and Moving Expenses. Company shall reimburse Executive for all reasonable expenses associated with the sale of Executive's residence in Oklahoma City, Oklahoma and all reasonable moving costs or other expenses associated with the relocation of Executive's residence to the Houston, Texas metropolitan area. For the period (the "Commuting Period") beginning with the Effective Date and ending on the earlier of (i) the date Executive sells his principal residence in Oklahoma City, Oklahoma or (ii) the first anniversary of the Effective Date, Company shall, at its sole cost and expense, provide Executive with a furnished apartment in the Houston, Texas metropolitan area, which apartment shall be mutually agreeable to Company and Executive and shall have electricity, local phone service, basic cable television service, and weekly maid service. Further, during the Commuting Period, Company shall (A) reimburse Executive for the reasonable costs of his transportation between Oklahoma City and Houston and (B) reimburse Executive for his transportation expenses incurred within Houston or, at the request of Executive, provide him with an automobile for his use within Houston.
Relocation and Moving Expenses. 24.02.1 This policy is only available to Active, Regular Full-Time Flight Crew Members through the bid award process, in the event that a FCM is awarded an assignment at a base other than that currently held. It is not available to new-hires or FCM converting from temporary or contract status, or to those under recall. In providing financial assistance for relocation expenses Cargojet does not assume any further liability or responsibility for any injury or loss that may arise during the relocation. “Spouse” and “dependents” are as defined and enrolled under the Cargojet Group Benefits plan in force at the time. This relocation assistance is only available once in any rolling twenty-four (24) month period. This period will be waved in the event of a forced relocation.
