Settling-In Allowance Clause Samples

POPULAR SAMPLE Copied 2 times
Settling-In Allowance. The Company shall pay the Executive a one-time settling-in allowance of Thirty Thousand Swiss Francs (CHF 30,000). The settling-in allowance shall be paid within 60 days after the Swiss Date. To the extent that the provision of such settling-in allowance results in taxable income to the Executive, the Company shall pay the Executive an amount to satisfy the Executive’s Swiss and U.S. income tax obligation. Such payment shall be grossed-up for taxes and made as soon as practicable after the tax liability arises but in no event later than the end of the year following the year in which the tax is due.
View Source
Settling-In Allowance. An allowance of KD 200 (approx. US$644) in cash is paid to the employee upon arrival in Kuwait for the initial contract. OS Contract Approved on 05-11-2020 Page 1 of 5
View Source
Settling-In Allowance. A settling-in allowance of USD $30,000 shall be paid within thirty (30) days of the date of the Reading Move Date, which settling-in allowance shall be paid in British Pounds, as converted using the exchange rate as of the date of payment.
View SourceView Similar (2)
Settling-In Allowance. The Company shall pay to the Executive within five (5) days of the Effective Date a one-time settling-in allowance of CHF 40,000. To the extent that the provision of such settling-in allowance results in taxable income to the Executive, the Company shall pay the Executive an amount to satisfy the Executive’s Swiss and U.S. income tax obligation. Such payment shall be grossed-up for taxes and made as soon as practicable after the tax liability arises but in no event later than the end of the year following the year in which the tax is due.
View Source
Settling-In Allowance. The Company shall pay the Executive a one-time settling-in allowance of CHF 5,000, payable in January 2010 or as soon as practicable thereafter.
View SourceView Similar (5)

Related to Settling-In Allowance

  • - Separation Allowances (a) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 9.08(a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of twelve (12) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars. (b) Where an employee resigns later than 30 days after receiving notice pursuant to Article 9.08(a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of four (4) weeks' salary, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of one thousand two hundred and fifty ($1,250) dollars."

  • Relocation Allowance An employee who is promoted and required by agency policy to relocate his residence shall be granted time off with pay for one workday for this purpose. In addition, the employee shall be granted travel time to the new location based on the most direct route. No employee will be credited with more than the number of hours in the employee’s regular workday and such time shall not be counted as hours worked for the purpose of computing compensatory time or overtime.

  • Kilometre Allowance 33.1 The Kilometre Allowance per day and Charge Per Excess Kilometre Fee is indicated on Rental Vehicle Agreement Part A. The applicable Excess Kilometre Fee is payable by You to Apollo on return of the Vehicle.

  • Shift Allowances (a) An Employee whilst on afternoon or night shift must be paid for such shift 15% more than the Employee’s ordinary rate. (b) An Employee who works on an afternoon or night shift which does not continue for at least five successive afternoons or nights must be paid for such shift at time and a half for the first two hours thereof and double time thereafter. (c) An Employee who: (i) during a period of engagement on shift, works night shift only; (ii) remains on night shift for a longer period than four consecutive weeks; or (iii) works on a night shift which does not rotate or alternate with another shift or with day work so as to give the Employee at least one third of their working time off night shift in each shift cycle; must, during such engagement, period or cycle, be paid 30% more than their ordinary rate for all time worked during ordinary working hours on such night shift.

  • Separation Allowance Should it become necessary to close the plant or a portion of the plant and it is not expected that those affected will be re-employed, a separation allowance will be paid to employees subject to the following: