Relocation Reimbursements Sample Clauses

Relocation Reimbursements. If Executive relocates to the Goleta, California area prior to the second anniversary of the Effective Date, the Company will pay or otherwise reimburse Executive up to a maximum gross amount of $100,000 (inclusive of any tax gross up payments on the following) for the following expenses incurred prior to the second anniversary of the Effective Date during the Term of Employment: (i) reasonable moving expenses incurred by Executive and his immediate family for the packing, loading, insuring, and transferring household goods and furnishings during their relocation from Executive’s primary residence in Xxxxxxxx, New Jersey to the Goleta, California area, plus up to sixty days of storage for such items, (ii) reasonable costs for Executive to move himself and his spouse from the Xxxxxxxx, New Jersey area to the Goleta, California area (i.e., mileage reimbursement for one vehicle, shipping costs for one vehicle, and up to two nights of lodging and reasonable meal expenses), (iii) reasonable costs for up to two house-hunting trips to the Goleta, California area (i.e., reimbursement of coach airfare, up to three nights of lodging expenses, and reasonable meal expenses for Executive and his spouse), and (iv) the closing costs on the purchase of a new personal home in the Goleta, California area (including loan origination and inspections fees, but excluding points and realtor fees) ((i) through (iv) collectively, the “Relocation Reimbursements”). All reimbursement requests made pursuant to this section must be submitted within 60 days of the date they are incurred, and are subject to the Company’s reimbursement policy, including appropriate substantiation for any such requests. The Relocation Reimbursements will be grossed up for applicable taxes upon payment or reimbursement to Executive. In addition, within 30 days of the actual move date, the Company will pay Executive a lump sum payment of $5,000 for miscellaneous moving expenses (“Relocation Stipend” and, together with the Relocation Reimbursements, the “Relocation Payments”). If, prior to the second anniversary of the date Executive first incurred any expense subject to reimbursement under this paragraph, Executive’s employment is terminated by the Company for Cause or by Executive voluntarily without Good Reason, Executive agrees to repay the Company a portion of the Relocation Payments within thirty (30) days of Executive’s employment termination date, with such portion equal to (i) the net after tax amoun...
Sample 1
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Relocation Reimbursements. Subject to the terms of the Company’s travel and relocation policies, the Executive will be eligible to receive relocation reimbursements for actual costs incurred in the Executive’s relocation, subject to a maximum reimbursement of $50,000 in actual costs incurred. Any relocation reimbursement shall be subject to a gross-up for applicable taxes (exclusive of the $50,000 cap). If the Executive resigns from employment with the Company without Good Reason or the Company terminates the Executive’s employment for Cause, in each case on or prior to the first anniversary of the Start Date, the Executive must repay the relocation reimbursement in full to the Company. If any repayment is due to the Company pursuant to this Section, the Executive agrees that the amount of the repayment due is payable in full immediately and the Executive agrees to permit the Company to deduct this amount from any monies or benefits due to the Executive including wages, bonuses, reimbursements and/or expenses and any remaining amounts are the Executive’s responsibility.
Sample 1
Relocation Reimbursements. During the Employment Term, the ------------------------- Company will reimburse the Executive for reasonable business class travel and living expenses, including airfare, hotel and/or housing accommodations, incurred by Executive and his spouse traveling between the Company's offices and New York. In the event that Executive is the Chief Executive Officer of the Company on or after January 1, 2001, the Company will also reimburse the Executive at such times thereafter for customary and reasonable relocation costs and housing accommodations. Executive shall not be required to permanently relocate to the Company's offices until January 31, 2001.
Sample 1
Relocation Reimbursements. Vistaprint shall reimburse you for the expenses listed below, in all cases subject to Section 7 below.
Sample 1
Relocation Reimbursements. From the Employment Commencement Date ------------------------- until January 1, 2001, the Company will reimburse the Executive for reasonable business class travel and living expenses, including airfare and hotel accommodations, incurred by the Executive traveling between the Company's offices and Italy and for similar expenses incurred on behalf of his immediate family with respect to their visiting and staying with Executive in the United States, during the Year 2000. In addition, in the event that the Board appoints Executive to serve as the Chief Executive Officer of the Company on or after January 1, 2001, and Executive elects to serve as the Chief Executive Officer of the Company, the Company shall reimburse Executive for (i) reasonable moving expenses incurred by Executive and his family during their relocation from Executive's primary European residence to the United States and for (ii) reasonable housing accommodations to be mutually agreed to by the Company and Executive.
Sample 1
Relocation Reimbursements. (i) Executive will be eligible to receive reimbursement for reasonable temporary housing and travel between Chicago, Illinois and San Diego, California for up to twelve (12) months, plus an amount equal to the full gross up for any taxable income Executive may recognize as a result of such reimbursement (the “Initial Relocation Reimbursement”). The Initial Relocation Reimbursement will be paid to Executive in accordance with the terms and conditions of Company’s expense reimbursement policy and provided Executive remains an employee of the Company on the date(s) the Initial Relocation Reimbursement is paid to Executive. Notwithstanding the foregoing, if, prior to the first anniversary of the Effective Date (x) Executive’s employment with the Company terminates due to Executive’s voluntary resignation other than for Good Reason or (y) the Company terminates Executive’s employment with the Company for Cause, then, Executive must repay the gross amount of the Initial Relocation Reimbursement paid to the Company within thirty (30) days of the date of such termination of employment.
Sample 1
Relocation Reimbursements. In addition to the Relocation Bonus, the Company agrees to reimburse the Executive for the cost of up to three months of temporary executive housing incurred prior to the first anniversary of the Effective Date (the “Housing Allowance”), provided that such expense has been preapproved by the Company’s Chief People Officer. In the event the Executive is unable to relocate immediately, the Housing Allowance may be used to reimburse the Executive for commuting expenses until the Executive has relocated. The estimated value of the Housing Allowance is $8,000/month for three months, or an aggregate estimated value of $24,000. The Company also agrees to reimburse the Executive for any reasonably documented, nonrefundable school fees that are forfeited as a result of the Executive’s relocation.
Sample 1
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Related to Relocation Reimbursements

  • Relocation Reimbursement In the event the Company changes the principal place of business at which the Executive performs his duties to a location that is outside of a 50 mile radius of Jenkintown, Pennsylvania, the Company shall reimburse the Executive for all reasonable relocation expenses, including but not limited to, temporary housing for the Executive and his family.

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Business Expense Reimbursements During the Term, the Company shall promptly reimburse Executive for Executive’s reasonable and necessary business expenses in accordance with the Company’s then-prevailing policies and procedures for expense reimbursement (which shall include appropriate itemization and substantiation of expenses incurred).

  • Business Expense Reimbursement During the Term of employment, the Executive shall be entitled to receive proper reimbursement for all reasonable, out-of-pocket expenses incurred by the Executive (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided the Executive properly accounts therefore.

  • Disbursements, Reimbursement Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Reimbursements To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following:

  • Reimbursement of Business Expenses Executive is authorized to incur ordinary, necessary, and reasonable business expenses in connection with the performance of his duties, responsibilities, and authorities under this Agreement and for the promotion of the Company’s business and activities during this Agreement, including but not limited to expenses for necessary travel and entertainment and other items of expense required in the normal and routine course of Executive’s employment under this Agreement. The Company will reimburse Executive from time to time for all such business expenses actually incurred pursuant to and in conformity with this paragraph and the policies and practices of the Company then in effect relative to the reimbursement of business expenses.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

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