Special Benefits. Executive shall be allowed additional employer-paid benefits of his choice (“Special Benefits”), including the lease of automobiles, social, golf or athletic club memberships and other benefits not specifically provided for in this Agreement, provided, however, that the annual cost to ARC shall not exceed $10,000. Any employer taxes imposed upon ARC by reason of the furnishing of such Special Benefits shall be included in the annual $10,000 limitation. Any unused allowance for Special Benefits shall not be carried over to a subsequent year.
Appears in 4 contracts
Samples: Executive Employment Agreement (Arc Document Solutions, Inc.), Executive Employment Agreement (Arc Document Solutions, Inc.), Executive Employment Agreement (Arc Document Solutions, Inc.)
Special Benefits. Executive shall be allowed additional employer-paid benefits of his choice (“"Special Benefits”"), including the lease of automobiles, social, golf or athletic club memberships and other benefits not specifically provided for in this Agreement, provided, however, that the annual cost to ARC shall not exceed $10,000. Any employer taxes imposed upon ARC by reason of the furnishing of such Special Benefits shall be included in the annual $10,000 limitation. Any unused allowance for Special Benefits shall not be carried over to a subsequent year.
Appears in 2 contracts
Samples: Employment Agreement (American Reprographics CO), Employment Agreement (American Reprographics CO)
Special Benefits. Executive shall be allowed additional employer-paid benefits of his choice (“"Special Benefits”"), including the lease of automobiles, social, golf or athletic club memberships and other benefits not specifically provided for in this Agreement, provided, however, that the annual cost to ARC shall not exceed $10,00015,000. Any employer taxes imposed upon ARC by reason of the furnishing of such Special Benefits shall be included in the annual $10,000 15,000 limitation. Any unused allowance for Special Benefits shall not be carried over to a subsequent year.
Appears in 2 contracts
Samples: Employment Agreement (American Reprographics CO), Employment Agreement (American Reprographics CO)
Special Benefits. Executive shall be allowed additional employer-paid benefits of his choice (“Special Benefits”), including the lease of automobiles, social, golf or athletic club memberships and other benefits not specifically provided for in this Agreement, provided, however, that the annual cost to ARC shall not exceed $10,00015,000. Any employer taxes imposed upon ARC by reason of the furnishing of such Special Benefits shall be included in the annual $10,000 15,000 limitation. Any unused allowance for Special Benefits shall not be carried over to a subsequent year.
Appears in 1 contract
Samples: Executive Employment Agreement (American Reprographics CO)