Relocation Incentive Sample Clauses
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Relocation Incentive. Upon satisfaction of the conditions set forth below, Employee will receive a lump-sum cash payment in the amount of Two Hundred Fifty Thousand Dollars and No Cents ($250,000.00), less all applicable taxes and withholdings required under local, state, and federal law (“Relocation Incentive”). The Relocation Incentive will be paid to Employee by direct deposit in the bank account designated by Employee, as soon as administratively possible after each of the following conditions has been met:
a. Employee has established a primary residence (exclusive of any temporary housing accommodations provided by Charter) in the vicinity of the destination work location or Employee has closed on the sale of her current primary residence, whichever occurs earlier, prior to May 1, 2021.
b. Employee remains employed by Charter in good standing, which means that Employee must (i) perform her job duties at a level and in a manner that meets Charter’s legitimate expectations and (ii) comply with Charter’s policies and Code of Conduct.
Relocation Incentive. Upon the satisfaction of the conditions set forth below, Employee will receive a lump-sum cash payment in the amount of Two Hundred Fifty Thousand Dollars and No Cents ($250,000.00), less all applicable taxes and withholdings required under local, state, and federal law (“Relocation Incentive”). The Relocation Incentive will be paid to Employee by direct deposit in the bank account designated by Employee, as soon as administratively possible after each of the following conditions has been met:
a. Employee has indicated in writing his acceptance of Charter’s offer to relocate to its New York metropolitan office.
b. Employee has signed this Agreement and has not revoked it during the seven (7) day revocation period described in Section 9 of this Agreement.
c. Employee has closed on the purchase of his primary residence in the New York metropolitan area or Employee has closed on the sale of his current primary residence, whichever occurs earlier.
d. Employee remains employed by Charter in good standing, which means that Employee must (i) perform his job duties at a level and in a manner that meets Charter’s legitimate expectations and (ii) comply with Charter’s policies and Code of Conduct.
Relocation Incentive. A relocation incentive is a one-time, lump-sum payment to a current CORE who agrees to relocate with no break in service to accept a FEMA position in a different geographic area if the position is likely to be difficult to fill in the absence of the incentive.
Relocation Incentive. Executive will receive a one-time relocation incentive of $5,000.00 (Five Thousand Dollars and Zero Cents) to assist in the cost associated with Executive’s relocation to Southern Palm Beach County. Such payment will be payable on April 1, 2005.
Relocation Incentive. There shall be a relocation incentive payment to the Superintendent in the amount of Five Thousand Dollars ($5,000.00) upon relocation of primary residency to within the ▇▇▇▇▇▇▇ Consolidated School Corporation district boundaries before June 30, 2018. The Superindent may direct that this be paid into a tax deferred §403(b) account.
Relocation Incentive. To incentivize the Executive to relocate his permanent residence and domicile to, and to reside on a full-time basis in, the greater Phoenix, Arizona metropolitan area before December 31, 2013, upon the date of the Executive’s delivery of satisfactory evidence to the CEO no later than December 31, 2013 that the Executive has relocated his permanent residence and domicile to, and resides on a full-time basis in, the greater Phoenix, Arizona metropolitan area (such date of relocation, the “Relocation Date”), the Executive’s then current Base Salary shall be increased by 2.5% effective as of the first payroll period following the Relocation Date; provided that the Relocation Date has occurred by December 31, 2013 and the Executive is employed with the Company on the Relocation Date.
Relocation Incentive