Termination Automobile. The Company shall transfer all of its interest in any automobile used by the Employee pursuant to the Company’s Employee Automobile Policy (the “Employee Automobile Policy”) and shall pay the balance of any outstanding loans or leases on such automobile (whether such obligations are those of the Employee or the Company) so that the Employee owns the automobile outright (in the event such automobile is leased, the Company shall pay the residual cost of such lease).
Appears in 4 contracts
Samples: Senior Officer Employment Agreement (Geo Group Inc), Senior Officer Employment Agreement (Geo Group Inc), Senior Officer Employment Agreement (Geo Group Inc)
