Transitional Expenses Sample Clauses

Transitional Expenses. The Company will pay for the following additional expenses upon presentation of applicable receipts: i) the costs of your temporary living until you purchase a home, at a rate of per month to be agreed upon by you and me for up to a period of three (3) months; ii) the costs of a rental car until your automobile arrives in Austin or you purchase an automobile, which is expected to be for a period of no more than one (1) month; iii) the costs of your airfare to and from California for up to two (2) trips per month for a period of up to three (3) months, not to exceed $1,000 per month; iv) the costs of up to two (2) house hunting trips for you and your spouse.
Sample 1
AutoNDA by SimpleDocs
Transitional Expenses. Purchaser agrees to reimburse the Company for any actual expenses incurred by the Company for services provided by third parties to Purchaser that become Purchaser's responsibility after the Closing. Purchaser reserves the right to audit the amount of all invoices submitted by the Company to Purchaser for payment pursuant to this Section.
Sample 1
Transitional Expenses. The Corporation shall reimburse Executive for all actual and reasonable costs for relocation of Executive's family from Irving, Texas to Orange County, California. The Corporation will also reimburse Executive for the actual costs for rental housing in Orange County, California for a six month period not to exceed $14,000.00 for such six-month period. The Corporation shall pay Executive $1,500.00 per month for a maximum of six months for travel to and from Texas until relocation of Executive's family to Orange County, California.
Sample 1
Transitional Expenses. From the Commencement Date through the earlier of (a) the one year anniversary of the Commencement Date or as extended with prior approval of the President & CEO or (b) the date Employee relocates Employee's principal residence to San Diego County or the Southern Orange County area, Employer shall reimburse Employee for the first One Thousand Two Hundred Dollars ($1,200) ("Monthly Transitional Budget") reasonably incurred by Employee in establishing a secondary residence in San Diego County in any given month. In any given month that the Monthly Transitional Budget is not fully expended, the unused portion may be carried over to a following month with the prior approval of the President & CEO. The Employee hereby acknowledges that the Radisson Hotel is Employer's preferred choice for lodging for two nights per week at a current negotiated rate of Seventy-Five Dollars ($75.00) per night. Any allowance paid pursuant to this Section 5.4 shall be "grossed up" to cover Employee's local, state and federal income tax liability at Employee's then current marginal tax rate if deemed necessary by Employer's accountants. The tax gross-up payment(s) shall initially be calculated at an assumed effective marginal rate of forty percent (40%) and paid to Employee no later than (i) April 15 of the calendar year following any year Employee has expenses reimbursed pursuant to this Section; and (ii) any date Employee is required to make increased quarterly estimated payments due to Employee's receipt of the allowance payments pursuant to this Section. Once Employee has finalized Employee's federal and state income tax returns, Employee's effective marginal rate shall be calculated and any shortfall or overpayment will be corrected.
Sample 1
Transitional Expenses. The Company shall pay for the following transitional expenses upon presentation of applicable receipts: i) the costs of your temporary living until you purchase a home, at a rate of per month to be agreed upon with CEO for a period of up to a period of six (6) months from the Effective Date; ii) the costs of a rental car until your automobile arrives in Austin or you purchase an automobile, for a period of up to one (1) month from the Effective Date; iii) the costs of your airfare to and from San Diego for up to two (2) trips per month for a period of up to six (6) months from the Effective Date, such expense not to exceed $1,000 per month; iv) the costs of up to two (2) house hunting trips for your spouse; v) the costs of moving your family members and reasonable household goods to Austin, Texas; vi) the closing costs resulting from the sale, if any, of your existing home; vii) the closing costs resulting from the purchase, if any, of your new home in Austin, Texas. Company shall be responsible for all taxes, including withholding taxes, owed on reimbursable expenses paid to Executive or paid directly by Company to a third party on Executive's behalf, as set forth in this Section 3.5.1.
Sample 1
Transitional Expenses. 39 23.0 NO PARTNERSHIP . . . . . . . . . . . . . . . . . . 41 24.0 NON-ASSIGNABILITY . . . . . . . . . . . . . . . . . . 41
Sample 1
Transitional Expenses. Everlast and Licensee acknowledge and agree that during the period January 1, 2005 through June 30, 2005, Everlast and Licensee will each incur costs and expenses related to the Licensed Products, payable on a monthly basis commencing January 31, 2005, which were previously borne and satisfied pursuant to contract solely by Everlast. The parties agree that such expenses shall, as of the Effective Date, be borne by Everlast and Licensee in accordance with the following rules: (a) With respect to discounts, allowances and other charge-backs incurred by Licensee that arise from or otherwise relate to Licensed Products sold in 2004 by Everlast: (i) Everlast shall reimburse Licensee for all retailer charge-backs relating to specific retailer agreements written and signed and/or orally agreed to by Everlast before December 31, 2004; and (ii) For all other retailer requested charge-backs, Licensee, Everlast and the retailer shall fully negotiate, and agree upon the amount and terms of the charge-back, and only upon such agreement Everlast shall be liable to reimburse Licensee for the amount paid to retailer. (b) With respect to Spring, Summer and Fall, 2005 samples and catalogs of Licensed Products purchased by Everlast, Licensee will purchase such samples and catalogs from Everlast at a price equal to half of Everlast's cost, but not greater than $45,000. Such amount shall be in addition to, and not offset against, any royalties due under this Agreement. (c) Licensee shall pay 25% of the February 2005 MAGIC Trade Show booth cost paid by Everlast, if Licensee chooses to participate and display its Licensed Products in 25% of the Everlast booth/stand, at a cost of approximately $14,990. Such amount shall be in addition to, and not offset against, any royalties due under this Agreement. (d) Licensee shall reimburse Everlast for certain publication advertising costs already borne by Everlast. Licensee shall reimburse Everlast for 5 insertions purchased by Everlast in the publication WWD at Everlast's per-insertion cost $5,933, for Issue dates from January 2005 through June 2005, for a total reimbursement of $29,665. Licensee shall reimburse Everlast for 3 insertions purchased by Everlast in the publication Shape at Everlast's per-insertion cost $40,000, for Issue dates from January 2005 through March 2005, for a total reimbursement of $120,000. Licensee shall have the right to utilize new creative materials, subject to approvals in accordance with the terms of this ...
Sample 1
AutoNDA by SimpleDocs

Related to Transitional Expenses

  • Additional Expenses to be inserted if applicable.

  • Professional Expenses Each calendar year during the Employment Term, the Company agrees to reimburse the Executive for up to $10,000 of reasonable professional expenses (i.e., accounting, financial planning, estate planning expenses) incurred by the Executive during such year for personal advice rendered to the Executive.

  • General Expenses You authorize the Manager to charge your account with your Underwriting Percentage of all expenses of a general nature incurred by the Manager and Co-Managers under the applicable AAU in connection with the Offering, including the negotiation and preparation thereof, or in connection with the purchase, carrying, marketing and sale of any securities under the applicable AAU and any Intersyndicate Agreement, including, without limitation, legal fees and expenses, transfer taxes, costs associated with approval of the Offering by the NASD and the costs of currency transactions (including forward and hedging currency transactions) entered into to facilitate settlement of the purchase of Securities permitted under Section 3.1 hereof.

  • Medical Expenses 1. Employees exposed to hazardous physical, biological, or chemical agents shall be provided, at no cost to the employee, with medical examinations or evaluations required by VOSHA regulations. If there are no specific VOSHA regulations or standards for the agent in question, recommendations of the National Institute of Occupational Safety and Health or other generally recognized expert organization shall be used, as determined by the Commissioner of Health. 2. Employees determined by the Health Department to be at substantial risk for exposure to contagious diseases shall be provided appropriate vaccines. Groups at risk will be defined by the Vermont Department of Health. If no guidelines have been published by the Department of Health, the guidelines published by the Center for Disease Control in Atlanta, Georgia will apply. Vaccines and/or appropriate medical examinations will be provided at no cost to the employee according to applicable guidelines. 3. Any Department wishing to implement a Medical Monitoring Program on or after July 1, 1990, shall do so by conferring with the Health Department, and the Department of Human Resources. Prior to implementation, the Department of Human Resources shall notify VSEA. The parties shall meet within ten (10) days (unless mutually extended) after a request for negotiations by either party and thereafter on a regular basis for a period not exceeding forty-five (45) calendar days, after which the State may implement the program, whether or not the parties have bargained to genuine impasse. The VSEA shall retain all statutory impasse procedure rights as may be lawfully available to VSEA during the life of this Agreement, provided, however, the State at any time may withdraw its proposed medical monitoring program or terminate without further bargaining a medical monitoring program previously implemented, in which case, such retained statutory impasse procedure rights are extinguished.

  • Indemnification for Additional Expenses Without limiting the generality or effect of the foregoing, the Company shall indemnify and hold harmless Indemnitee against and, if requested by Indemnitee, shall reimburse Indemnitee for, or advance to Indemnitee, within five business days of such request accompanied by supporting documentation for specific Expenses to be reimbursed or advanced, any and all actual and reasonable Expenses paid or incurred by Indemnitee in connection with any Claim made, instituted or conducted by Indemnitee for (a) indemnification or reimbursement or advance payment of Expenses by the Company under any provision of this Agreement, or under any other agreement or provision of the Constituent Documents now or hereafter in effect relating to Indemnifiable Claims, and/or (b) recovery under any directors’ and officers’ liability insurance policies maintained by the Company; provided, however, if it is ultimately determined that the Indemnitee is not entitled to such indemnification, reimbursement, advance or insurance recovery, as the case may be, then the Indemnitee shall be obligated to repay any such Expenses to the Company; provided further, that, regardless in each case of whether Indemnitee ultimately is determined to be entitled to such indemnification, reimbursement, advance or insurance recovery, as the case may be, Indemnitee shall return, without interest, any such advance of Expenses (or portion thereof) which remains unspent at the final disposition of the Claim to which the advance related.

  • FUNERAL EXPENSES The City shall expend a sum not to exceed $30,000 for funeral expenses to the heirs of any employee covered by this MOU who dies while on active duty from injuries incurred while performing his/her job or who dies as a direct cause of such injuries. This amount includes the amount already available for this purpose in accordance with California State Labor Code Section 4701.

  • Reimbursable Costs 5.3.1. To be considered eligible for reimbursement, costs have to be: • actually incurred, individually identifiable and verifiable, as backed by copies of supporting evidence, as the case may be in the Contractor’s official bookkeeping; this means that no lump sums will be eligible for reimbursement; • necessary in order to perform the tasks as specified in the Terms of Reference (Annex 2); and • cost effective and providing value for money 5.3.2. The following costs are never eligible for reimbursement: • costs for excess baggage; • costs that are covered by the per diem; and • costs that are covered from a source other than this Contract 5.3.3. Travel tickets are reimbursed by EFI up to the cost of economy class level on basis of the most cost efficient itinerary, taking into account ticket price, travel duration, number of connections and safety of the transporting company. 5.3.4. For travel tickets, EFI requires the following documentation as supporting evidence: copies of tickets or electronic reservation, invoices and boarding cards. This documentation must clearly show the class of travel used, the time of travel and the amount paid.

  • Travel Expenses CONTRACTOR shall not be allowed or paid travel expenses unless set forth in this Agreement.

  • COMPENSATION; EXPENSES (a) In consideration of the foregoing, the Advisor shall pay the Sub-advisor, with respect to the Fund, a fee as specified in Appendix B hereto. Such fees shall be accrued by the Advisor daily and shall be payable monthly in arrears on the first business day of each calendar month for services performed hereunder during the prior calendar month. If fees begin to accrue in the middle of a month or if this Agreement terminates before the end of any month, all fees for the period from that date to the end of that month or from the beginning of that month to the date of termination, as the case may be, shall be prorated according to the proportion that the period bears to the full month in which the effectiveness or termination occurs. Upon the termination of this Agreement with respect to the Fund, the Advisor shall pay to the Sub-advisor such compensation as shall be payable prior to the effective date of termination. (b) During the term of this Agreement, the Sub-advisor will pay all expenses incurred by it in connection with its activities under this Agreement other than the cost of securities and other investments (including brokerage commissions and other transaction charges, if any) purchased for the Portfolio. The Sub-advisor shall, at its sole expense, employ or associate itself with such persons as it reasonably believe to be particularly fitted to assist it in the execution of its duties under the Agreement. Except as set forth in Appendix B, the Sub-advisor shall not be responsible for the Trust’s, the Fund’s or the Advisor’s expenses, including any extraordinary and non-recurring expenses. (c) No fee shall be payable hereunder with respect to the Fund during any period in which the Fund invests all (or substantially all) of its investment assets in a registered, open-end, management investment company, or separate series thereof, in accordance with Section 12(d)(1)(E) under the 1940 Act, pursuant to the instruction of the Advisor and of the Trust’s Board of Trustees.

  • ALPS Compensation; Expenses (a) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer of the Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency, and custodial expenses; interest; Fund directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Fund’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!