Common use of Transfer by Company Clause in Contracts

Transfer by Company. If at any time during the term of this Agreement, the Company transfers the Executive to another location, the Company will reimburse the Executive for all reasonable moving expenses incurred as a result of such transfer. In the event that the Executive terminates this Agreement without cause pursuant to Section 8 hereof within one year after any such transfer, the Executive shall refund to the Company all amounts paid to him by the Company as moving expenses (including temporary housing and incidental expenses) pursuant to this Section 5. The Executive agrees that any amounts owing to the Company under this Section 5 may be deducted from any salary, bonuses or other amounts owed to him by the Company, consistent with applicable law.

Appears in 3 contracts

Samples: Employment Agreement (Template Software Inc), Employment Agreement (Template Software Inc), Employment Agreement (Template Software Inc)

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Transfer by Company. If at any time during the term of this Agreement, ------------------- the Company transfers the Executive to another location, the Company will reimburse the Executive for all reasonable moving expenses incurred as a result of such transfer. In the event that the Executive terminates this Agreement without cause pursuant to Section 8 9 hereof within one year after any such --------- transfer, the Executive shall refund to the Company all amounts paid to him the Executive by the Company as moving expenses (including temporary housing and incidental expenses) pursuant to this Section 5. The Executive agrees that any --------- amounts owing to the Company under this Section 5 may be deducted from any --------- salary, bonuses or other amounts owed to him the Executive by the Company, consistent with applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Template Software Inc), Employment Agreement (Template Software Inc)

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Transfer by Company. If at any time during the term of this Agreement, ------------------- the Company transfers the Executive to another location, the Company will reimburse the Executive for all reasonable moving expenses incurred as a result of such transfer. In the event that the Executive terminates this Agreement without cause pursuant to Section 8 hereof within one year after any such --------- transfer, the Executive shall refund to the Company all amounts paid to him by the Company as moving expenses (including temporary housing and incidental expenses) pursuant to this Section 5. The Executive agrees that any amounts --------- owing to the Company under this Section 5 may be deducted from any salary, bonuses salary or --------- other amounts owed to him by the Company, consistent with applicable law.

Appears in 1 contract

Samples: Employment Agreement (Template Software Inc)

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