Relocation Benefit Sample Clauses

Relocation Benefit. If, within the Benefit Period after the Executive's Termination of Employment, the Executive gives the Company written notice that he desires to relocate within the continental United States, the Company will reimburse the Executive for any reasonable relocation expenses (in accordance with the Company's general relocation policy for executives as then in effect, or, at the Executive's election, as in effect on the Change in Control Date) in connection with such relocation.
AutoNDA by SimpleDocs
Relocation Benefit. The Company will provide the Executive with the same relocation benefits for his move from his current residence to a residence near the Company's principal office in Milwaukee, Wisconsin as are provided on the date of this Agreement by his current employer.
Relocation Benefit. The Company will provide relocation assistance to the Executive (in an amount up to $200,000) for relocation expenses, including an additional payment (“gross-up”) in respect of any taxable portion of the Executive’s relocation benefit such that the Executive is placed in the same after-tax position in respect of such relocation assistance as if such benefit were not taxable, all in accordance with the Company’s relocation policy. If the Executive’s employment terminates due to the Executive’s resignation, other than for Good Reason, within the first twenty-four (24) months following the Effective Date, the Executive shall be required to reimburse the Company for the full amount of the relocation benefit provided to the Executive.
Relocation Benefit. If the Executive's next full-time employment commences within three (3) years after the Executive's Termination of Employment with the Company and is based more than 25 miles from Fort Smitx, Xxkansas, and within the continental United States, the Company will reimburse the Executive for any reasonable relocation expenses (in accordance with the Company's general relocation policy for executives as then in effect, or, at the Executive's election, as in effect on the Change in Control Date) in connection with accepting or continuing such employment.
Relocation Benefit. In accordance with the Company’s Relocation Policy, you will be eligible to be reimbursed for your reasonable costs incurred in connection with your relocation to the Company’s headquarters in Islandia, New York.
Relocation Benefit. Executive acknowledges that, as an express condition of his employment, and his continuing employment by the Company, Executive will relocate to the Relocation Area in accordance with the Relocation Schedule determined pursuant to Section 1.2. (i) The Company will reimburse Executive for certain reasonable, documented out-of-pocket expenses incurred as a result of Executive's permanent relocation to the Relocation Area, up to a maximum total reimbursement amount of $30,000 (the "Relocation Reimbursement"). In order to qualify for the Relocation Reimbursement, Executive must remain an employee in good standing of the Company as of the date that the applicable cost or expense is incurred. (ii) Executive will be reimbursed only for actual relocation expenses incurred, up to the maximum reimbursement noted in Section 4.2(i). Executive will be solely responsible for any relocation expenses exceeding the Relocation Reimbursement, and the Company will not be obligated to provide any additional or other relocation benefits or relocation assistance to Executive except as set forth in this Section 4.2. Executive's right to this reimbursement is subject to timely submission of appropriate documentary evidence of expenses incurred in accordance with the Company's reimbursement policies in effect from time to time. The Company will withhold from any such reimbursements the applicable income and employment tax withholdings, as Executive will be responsible for paying any taxes on these expense reimbursements to the extent that they are taxable income under applicable tax law. Any Relocation Reimbursements provided under this provision will be paid within thirty (30) days after the date Executive submits receipts for the expenses, provided Executive submits those receipts within sixty (60) days after Executive incurs the expense. (iii) If, prior to the two (2) year anniversary of the Effective Date, Executive's employment is terminated by Executive other than for Good Reason (as defined below), or the Company terminates Executive's employment for Cause (as defined below), Executive must repay a portion of the amount of the Relocation Reimbursement paid to Executive to the Company, on or within thirty (30) days after the employment termination date, prorated based on Executive's length of continued employment with the Company (e.g., if Executive is employed for one year at the time of termination and the Relocation Reimbursement was $10,000, Executive shall repay one-half...
Relocation Benefit. The Company will provide the Executive with a flexible relocation benefit to cover relocation for her and her family from her West Coast residence. The Temporary Relocation Benefit and the Residence Relocation Benefit (as defined below) will begin in January 2022, with the exception of the house hunting trips, which may be used upon the commencement of the Executive’s employment.
AutoNDA by SimpleDocs
Relocation Benefit. Executive will be eligible for benefits under the Company’s Relocation Homeowners Policy.
Relocation Benefit. You will be reimbursed for the reasonable costs incurred in connection with your relocation to the Topeka or Kansas City, Kansas metropolitan area in a manner no less generous in any aspect than as in accordance with the Company’s Executive Relocation Policy (in the form provided to you prior to the date hereof) and consistent with applicable law. In addition, you will be reimbursed for otherwise unreimbursed expenses incurred in connection with the purchase, preparation and decoration of your new home in Kansas, subject to a maximum of $75,000.
Relocation Benefit. If Executive notifies the Company in writing of his intention to relocate his primary personal residence to the Denver, Colorado metropolitan area during the Employment Period in connection with is employment by the Company, Executive shall be eligible for a relocation benefit under the Company’s executive relocation program.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!