Common use of Sale of Motor Vehicles Clause in Contracts

Sale of Motor Vehicles. The Shareholders agree to cause the Company to effect the sale of any Company-owned motor vehicle primarily used by an executive management employee to such employee prior to the Closing at a price equal to the depreciated book value of the vehicle as included in the Company financial statements at the time of purchase.

Sale of Motor Vehicles. The Shareholders agree to cause Members and the Company agree to effect the sale of any Company-owned motor vehicle primarily used by an executive management employee to such employee prior to the Closing at a price equal to the depreciated book value of the vehicle as included in the Company financial statements at the time of purchaseFinancial Statements.

Sale of Motor Vehicles. The Shareholders agree to cause the Company to effect the sale of any Company-Company- owned motor vehicle primarily used by an executive management employee to such employee prior to the Closing at a price equal to the depreciated book value of the vehicle as included in the Company financial statements at the time of purchase.