Relocation Payment Sample Clauses

Relocation Payment. In consideration for Employee entering into this Agreement, the Company shall pay Employee a one-time payment in the gross amount of Twenty-Five Thousand Dollars ($25,000) for relocation expenses (“Relocation Payment”), minus appropriate withholding and payroll deductions, payable through the Company’s regular payroll on the first regular payroll date after the Effective Date. If Employee’s employment under this Agreement is terminated either by the Company for Cause or by Employee without Good Reason on or before December 31, 2018, Employee shall repay the net, after-tax amount of the Relocation Payment to the Company within thirty (30) days after the effective date of such termination.

Relocation Payment. Lessee acknowledges the following: Lessee commenced occupancy of the premises after AUTHORITY acquired title to it, AUTHORITY acquired the premises for a public project, Lessee may be required to vacate the premises to allow construction of a public project, and Lessee is not entitled receive any payments under either California or federal relocation assistance laws (Government Code, Section 7260, et seq.; ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code, Section 4601, et seq.).

Relocation Payment. The Company paid the Executive $185,000 for relocation expenses. It is understood and agreed that any monies paid to you in the form of relocation assistance will be paid back to the Company if you voluntarily resign during the first eighteen months of employment.

Relocation Payment. Notwithstanding anything to the contrary in this Agreement, if the Executive’s employment is terminated pursuant to Section 4(a), (b), (e) or (f) above, the Executive (or his estate or beneficiary) shall be entitled to receive, in addition to the severance benefits set forth therein, reimbursement for the cost of relocating the Executive and his immediate family members back to the United Kingdom pursuant to the Company’s relocation program, should the Executive and/or his family relocate within two years following termination of employment.]

Relocation Payment. You will be paid a relocation stipend of $150,000, payable on or before the third week of employment.

Relocation Payment. In consideration of Executive’s current intention to sell his current Texas residence (the “Primary Residence”) in connection with his employment and his establishment of a residence in the Baldwyn/Tupelo area, the Company shall pay Executive a lump sum in the amount of up to Two Hundred Thousand Dollars ($200,000) (the “Relocation Payment”). At the Company’s sole option, the Company may pay all or any part of the Relocation Payment in cash or by delivery of shares of restricted common stock, par value $0.01 per share, of the Company (the “Relocation Restricted Stock”). If the Company elects to deliver Relocation Restricted Stock, the number of shares delivered shall be equal to the portion of the Relocation Payment being paid in shares, divided by the average closing price per share for the Company’s common stock over the period of twenty trading days ending on the day prior to the date of grant, as reported by the OTC Markets. The Relocation Restricted Stock shall vest on an annual basis over the three-year period beginning on the date of grant on the same vesting schedule as the Incentive Restricted Stock (but based on anniversaries of grant date). The specific terms and conditions of the Relocation Restricted Stock grant shall be subject to the terms of the Stock Plan, and shall be evidenced by an award agreement between Executive and the Company. The Company shall pay Executive the Relocation Payment (in cash or by delivery of Relocation Restricted Stock) on or before February 15, 2012.

Relocation Payment. The City will deposit the Relocation Payment into Escrow at least one day before Close of Escrow (defined below). The Relocation Payment will be paid to Seller at Close of Escrow.

Relocation Payment. In connection with the agreement of ------------------ Employee to enter into this Agreement and to relocate his principal residence from Contra Costa County to Los Angeles County within one year after the date hereof, Company will pay to Employee (i) $50,000, payable on January 1, 1997; and (ii) $50,000, payable upon the completion of Employee's relocation of his principal residence to Los Angeles County or such earlier date as mutually agreed. Such payment shall be payable in cash.

Relocation Payment. Concurrently with the execution of this First Amendment, Tenant shall make a one-time lump sum payment to Landlord in the amount of One Hundred Thousand and 00/100 Dollars ($100,000.00), which shall constitute reimbursement to Landlord for costs incurred by Landlord prior to the date hereof in connection with Landlord’s Work (as defined in Exhibit B-1 attached to the Lease) related to the Original Premises.