Relocation Expense Reimbursement. The Company will reimburse -------------------------------- Executive for the following reasonable relocation costs:
Relocation Expense Reimbursement. If Executive chooses to -------------------------------- relocate his principal residence closer to the Company's offices, the Company will reimburse Executive for the following reasonable costs:
Relocation Expense Reimbursement. Receipts or other supporting documentation are required for reimbursement of all Relocation and Commuting Expenses. All expenses must be reasonable and receipts must be submitted within sixty (60) days of being incurred. If Employee meets the terms under the Internal Revenue Service Section 217, all reimbursements for Relocation Expenses, which may, by applicable law, be reimbursed to Employee without a requirement that Employee pay taxes on the reimbursed amounts, shall be reimbursed to Employee on a non-tax basis. Any amounts received by Employee for Relocation Expenses which, by law, must be reimbursed as taxable income will be reported as taxable income to Employee in the year received as required by applicable law and Employee will be responsible for payment of all applicable income tax due in connection with such expenses directly paid for by the Company or reimbursed to Employee by the Company. Beginning January 1, 2010 Commuting Expenses will be treated as business expenses so long as they are within the terms defined above, continue to be eligible business expenses as defined by the IRS and comply with all Company travel and expense policies.
Relocation Expense Reimbursement. The Company shall reimburse you, upon proper accounting, for reasonable and customary expenses up to $75,000 incurred by you in the course of relocating to the Boston, Massachusetts area, including travel expenses arising from trips to Chicago to visit your wife and/or trips by your wife to the Boston area. In addition, the Company shall pay you such additional amount as is necessary to compensate you for any tax you may incur by reason of such reimbursement payment. Your rights to seek reimbursement pursuant to this Paragraph 2(f) shall expire on January 22, 2002; provided, that you shall have rights to reimbursement in accordance with this Paragraph for any expenses incurred prior to such date so long as you submit a reasonably detailed reimbursement request within thirty days following January 22, 2002.
Relocation Expense Reimbursement. The Bank will pay directly or reimburse Executive, promptly after receipt from Executive of invoices or other supporting documentation, for up to $25,000 in reasonable expenses incurred by Executive in relocating to the Wichita, Kansas metropolitan area; provided that receipts or invoices for all such expenses must be submitted by Executive to the Bank for reimbursement within a reasonable time after such expense is incurred. If on or before the first anniversary of the Effective Date Executive terminates his or her employment hereunder (other than for Good Reason) or the Bank terminates Executive’s employment for Cause, Executive must promptly repay the Bank in full for the amount of such relocation expenses actually paid or reimbursed by the Bank.
Relocation Expense Reimbursement. The Company shall reimburse you, upon proper accounting, for reasonable and customary expenses up to One Hundred and Twenty Five Thousand Dollars ($125,000) incurred by you in the course of relocating to the Boston, Massachusetts area. The Company will provide relocation services through its preferred provider, Relocation Outsource Inc. (ROI) whose services will be available to you for all phases of your relocation. A list of covered expenses was included in the relocation agreement attached to your offer letter. Relocation expenses that are outside of these categories must be approved in advance by the Company, which approval shall not be unreasonably withheld or delayed. Your rights to seek reimbursement pursuant to this Paragraph 2(g) shall expire on the date sixteen (16) months following the Start Date; provided, that you shall have rights to reimbursement in accordance with this Paragraph for any expenses incurred prior to such date so long as you submit a reasonably detailed reimbursement request within forty-five (45) days following such date. In addition, the Company shall pay you any additional amount necessary to compensate you for any federal, state and local taxes you may incur by reason of such reimbursement payments (the “Gross Up Payment”) and any additional amount necessary to compensate you for any such taxes incurred by you by reason of the Gross Up Payment.
Relocation Expense Reimbursement. It is agreed that within twelve months of the Effective Date you will relocate your primary residence to the Louisville, Colorado area. In completing such relocation, you will be eligible to participate in the Company’s executive relocation reimbursement program. Specifically, the Company will either pay or reimburse you for the following expenses which payments or reimbursements shall be grossed-up to the extent they are taxable to you:
Relocation Expense Reimbursement. The Company agrees to directly pay, or reimburse Employee for, all reasonable fees, costs and expenses incurred in connection with his relocation from New Jersey to Missouri in a manner consistent with Company policies for senior, executive-level employees of the Company.
Relocation Expense Reimbursement. The Company will reimburse Executive for the following reasonable actual out of pocket costs related to the Executive's relocation to the Chicago, Illinois metropolitan area:
Relocation Expense Reimbursement. The Company will reimburse Employee, grossed up to accommodate taxes net of deductions, “out of pocket” expenses associated with living in the Washington, Pennsylvania area. The Company will pay Employee’s temporary living expenses which includes, housing ( not to exceed $1,660 per month), automobile allowance ($450 per month) and telephone, real estate taxes, condo fees, including closing costs not to exceed $12,000, and utility expenses, as incurred.
