Temporary Housing and Relocation Sample Clauses

Temporary Housing and Relocation. Executive currently maintains a primary residence in Connecticut ("Current Residence"). In connection with Executive becoming Executive Vice President and Chief Operating Officer of the Company, Executive shall be required to maintain his primary residence in the Philadelphia metropolitan area ("New Residence"). The Company shall reimburse Executive for the reasonable cost of maintaining a temporary residence in the Philadelphia metropolitan area until the earlier of (i) Executive occupying his New Residence, or (ii) November 1, 1997. Before October 15, 1997 the Company shall, at its cost, hire two independent appraisers to assess the fair market value of Executive's Current Residence (the "Appraisals"). After the Appraisals are made and communicated to Executive, he shall be given 14 days to decide whether he wishes to sell his Current Residence on his own, or whether he wishes to transfer his Current Residence to the Company or its designee, and to receive from the Company or its designee an amount equal to the average of the two Appraisals. To the extent not mentioned above, the Company shall reimburse Executive for any additional reasonable moving expenses he incurs for himself and his family in connection with their relocating from Connecticut to the Philadelphia metropolitan area, in accordance with the Company's policies generally applicable to its senior executive officers.
Sample 1
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Temporary Housing and Relocation. Employee will relocate from New Canaan, Connecticut to the Charlotte area. Duke will pay relocation costs under its standard relocation plan referenced in Schedule A. Duke will provide Emxxxxxx with a furnished apartment for up to nine months, and reimburse Employee for airfare and ground transportation related to weekend trips back to Connecticut. Duke also will reimburse Employee for the reasonable cost associated with house-hunting trips for his spouse.
Sample 1
Temporary Housing and Relocation. For the period from the Effective Date through August 30, 2015, the Company will reimburse the Executive for: (i) his actual temporary housing costs in Chicago, Illinois or any other location in which the Company operates its headquarters up to a maximum of Four Thousand Dollars ($4,000) per month; and (ii) up to ten (10) business class round-trip airline tickets per calendar year quarter for travel to the Company’s headquarters. In addition, provided that the Executive relocates his primary residence from Seattle, Washington to a location within forty-five (45) miles of the Company’s headquarters no later than August 30, 2015, the Company will reimburse the Executive for his actual and direct moving expenses for such relocation up to a maximum of Twenty-Five Thousand Dollars ($25,000).
Sample 1

Related to Temporary Housing and Relocation

  • Housing The Company will provide, at the Company’s cost, an apartment for the Executive’s use reasonably close to the Company’s corporate headquarters in Liberty Corner, New Jersey. All taxes, utilities and maintenance/repair obligations related to the apartment shall be borne by the Company.

  • Relocation World Omni shall give WOAR at least 60 days’ prior written notice of any relocation of its principal executive office or jurisdiction of formation if, as a result of such relocation, the applicable provisions of the UCC would require the filing of any amendment of any previously filed financing or continuation statement or of any new financing statement and shall promptly file any such amendment or new financing statement.

  • Employment Location The Company or an Affiliate requiring the Executive to be based at any location that is more than fifty (50) miles from the location at which the Executive is based immediately prior to the CIC Date.

  • Training and Education (i) The parties shall work together to develop and implement a training program for client services and the sales and marketing representatives of each party to ensure that a clear and consistent message is delivered to all prospective customers. Following such implementation, each party agrees to train its client services and sales and marketing representatives in accordance with such training program.

  • Office Space Manager will provide office space in the offices of the Manager or in such other place as may be reasonably agreed upon by the parties hereto from time to time, and all necessary office facilities and equipment;

  • Housing Allowance During the Employment Period, Executive shall be entitled to receive a Cayman Islands housing allowance of US $6,000 per month. Executive will be responsible for any taxes due on such allowance.

  • Negotiation Between Executives If one Party has given a Dispute Notice under the preceding subsection, the Parties will attempt in good faith to resolve the Dispute within forty-five (45) calendar days of the notice by negotiation between executives who have authority to settle the Dispute and who are at a higher level of management than the persons with direct responsibility for administration of this Agreement or the matter in Dispute. Within fifteen (15) calendar days after delivery of the Dispute Notice, the receiving Party will submit to the other a written response. The response will include (i) a statement of that Party’s position and a summary of arguments supporting that position, and (ii) the name and title of the executive who will represent that Party and of any other person who will accompany the executive. Within forty-five (45) calendar days after delivery of the Dispute Notice, the executives of both Parties will meet at a mutually acceptable time and place, and thereafter, as often as they reasonably deem necessary, to attempt to resolve the Dispute.

  • TRUTH IN LEASING Section 13 of the Agreement is amended in its entirety to read as follows: THE AIRCRAFT, A DASSAULT FALCON 7X, BEARING MANUFACTURER'S SERIAL NO. 29, CURRENTLY REGISTERED WITH THE FEDERAL AVIATION ADMINISTRATION AS N675WB (TO BE CHANGED TO N300CR), HAS BEEN MAINTAINED AND INSPECTED UNDER FAR PART 91 DURING THE 12 MONTH PERIOD PRECEDING THE DATE OF THIS LEASE. THE AIRCRAFT WILL BE MAINTAINED AND INSPECTED UNDER FAR PART 91 FOR OPERATIONS TO BE CONDUCTED UNDER THIS LEASE DURING THE DURATION OF THIS LEASE. DURING THE DURATION OF THIS LEASE, CRANE CO., 000 XXXXX XXXXXXXX XXXXX, XXXXXXXX, XXXXXXXXXXX, IS CONSIDERED RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT IDENTIFIED AND TO BE OPERATED UNDER THIS LEASE. AN EXPLANATION OF FACTORS BEARING ON OPERATIONAL CONTROL AND PERTINENT FEDERAL AVIATION REGULATIONS CAN BE OBTAINED FROM THE NEAREST FAA FLIGHT STANDARDS DISTRICT OFFICE. I, THE UNDERSIGNED XXXXXXX X. XXXX, AS VICE PRESIDENT, CHIEF FINANCIAL OFFICER OF CRANE CO., 100 FIRST STAMFORD PLACE, STAMFORD, CONNECTICUT, CERTIFY THAT CRANE CO. IS RESPONSIBLE FOR OPERATIONAL CONTROL OF THE AIRCRAFT AND THAT IT UNDERSTANDS ITS RESPONSIBILITIES FOR COMPLIANCE WITH APPLICABLE FEDERAL AVIATION REGULATIONS.

  • Devotion of Time to Company's Business a. Full-Time Efforts. During his employment with the Company, Executive shall devote substantially all of his business time, attention and efforts to the high quality performance of his duties to the Company.

  • Relocation Benefits If the Executive moves his residence in order to pursue other business or employment opportunities during the Continuation Period and requests in writing that the Company provide relocation services, he will be reimbursed for any expenses incurred in that initial relocation (including taxes payable on the reimbursement) which are not reimbursed by another employer. Benefits under this provision will include assistance in selling the Executive's home and all other assistance and benefits which were customarily provided by the Company to transferred executives prior to the Change in Control.

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