Transportation Benefit Sample Clauses

Transportation Benefit. The Executive shall be paid on or before the last business day of each month during the Employment Term a motor vehicle allowance in the amount of one thousand dollars ($1,000), subject to the Company’s collection of all applicable withholding taxes. For the purposes of clarity, the Company shall not reimburse the Executive for any applicable tax liability the Executive may incur as a result of his or her receipt of this monthly motor vehicle allowance.
Sample 1Sample 2
AutoNDA by SimpleDocs
Transportation Benefit. The Executive shall be entitled to receive a per month motor vehicle allowance equivalent to one thousand dollars ($1,000) per month. For the purposes of clarity, the Company shall not reimburse the Executive for any applicable tax the Executive may incur as a result of his or her receipt of this monthly motor vehicle allowance.
Sample 1Sample 2
Transportation Benefit. The project provides traffic congestion relief; improves safety for local and regional travelers; improves movement of valuable goods to market. EXHIBIT B PROJECT SCHEDULE To be provided by County prior to final execution EXHIBIT C PROJECT COST ESTIMATE To be provided by County prior to final execution EXHIBIT D FUNDING SUMMARY Project Phase Fund Source Fiscal Year Amount Agency Reimbursable Under this Agreement Funding Secured? PA&ED Regional Development Impact Fees 2021/22 $250,000 TAMC Yes Yes PA&ED Senate Bill 1 Local Partnership Program 2021/22 $250,000 TAMC Yes Yes Total Reimbursable Amount: $500,000 County of Monterey’s Share: $0 Total Project Cost: $500,000 EXHIBIT E PROJECT SIGNS
Sample 1
Transportation Benefit. The Executive shall be entitled to the full use of a luxury motor vehicle of the Executive's choosing, with all costs for such motor vehicle, including the cost of the motor vehicle, fuel costs, insurance costs and maintenance costs, to be paid by PharmaNet or the Company; provided that such benefit is provided in a manner whereby the Executive does not incur any income tax liability.
Sample 1
Transportation Benefit. The Executive shall be entitled to receive a per month motor vehicle allowance equivalent to one thousand dollars ($1,000) per month. For the purposes of clarity, (i) such monthly motor vehicle allowance shall be in addition to the Company’s provision of an automobile in Miami, Florida while the Executive is engaged in his Phase I Facility Responsibility, and (ii) the Company shall not reimburse the Executive for any applicable tax the Executive may incur as a result of his or her receipt of this monthly motor vehicle allowance.
Sample 1
Transportation Benefit. Executive will be entitled to transportation, via car service or other comparable arrangement, in connection with the performance of his duties hereunder (including but not limited to transportation between his primary residence and the Main Office (as defined in Section 10(o)), which will be in lieu of the Company’s standard cash automobile subsidy provided to senior executives. To the extent this benefit is taxable income to Executive, he will receive a Tax Gross-Up Payment (as defined in Section 10(t)); and
Sample 1
Transportation Benefit provides cover for cost of transportation incurred by the Beneficiary in travelling to and from the premises of the Empanelled Health Care Provider for availing of Hospitalization or Day Care Treatment or for Follow-up Care. This benefit is limited to 100 per occurrence of Hospitalization or Day Care Treatment or visit to an Empanelled Health Care Provider for Follow-up Care. The transportation benefit will be paid to the Beneficiary by the Empanelled Health Care Provider and will then be claimed from the Insurer as part of the Package Rate. Further, this benefit is limited to a maximum of 10 instances of Hospitalization or Day Care Treatment or Follow-up Care during each Policy Cover Period. Each of the benefits specified above shall be available for all pre-existing conditions, diseases, illnesses or injuries affecting the Beneficiaries on the date of commencement of each Policy Cover Period, subject only to the Exclusions.
Sample 1
AutoNDA by SimpleDocs
Transportation Benefit. The Transportation Benefit of $200 will be payable if, as the result of a condition that causes you Total Disability, you must be transported to a hospital within Australia in an emergency.
Sample 1

Related to Transportation Benefit

  • 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.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Vacation; Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Compensation Benefits and Reimbursement (a) The compensation specified under this Agreement shall constitute the salary and benefits paid for the duties described in Section 2(b). The Association shall pay Executive as compensation a salary of not less than $_____________ per year ("Base Salary"). Such Base Salary shall be payable biweekly, or with such other frequency as officers and employees are generally paid. During the period of this Agreement, Executive's Base Salary shall be reviewed at least annually. Such review may be conducted by a Committee designated by the Board, and the Board may increase, but not decrease (except a decrease that is generally applicable to all employees), Executive's Base Salary (any increase in Base Salary shall become the "Base Salary" for purposes of this Agreement). In addition to the Base Salary provided in this Section 3(a), the Association shall provide Executive at no cost to Executive with all such other benefits as are provided uniformly to permanent full-time employees of the Association. Base Salary shall include any amounts of compensation deferred by Executive under qualified and nonqualified plans maintained by the Association.

  • Separation Benefits If this Agreement is terminated either by the Company without Cause in accordance with Section 6(c) (including the Company’s non-renewal of this Agreement) or by Employee resigning his employment for Good Reason in accordance with Section 6(d), the Company shall have no further obligation to Employee under this Agreement, except the Company shall provide the Accrued Obligations to Employee in accordance with Section 7(a) plus the following payments and benefits (collectively, the “Separation Benefits”) to Employee: (i) an amount equal to one times the sum of the Base Salary in effect immediately before the Termination Date plus the Annual Bonus received by Employee for the fiscal year preceding the Termination Date (or if Employee was employed for less than one full fiscal year prior to the Termination Date, the Annual Bonus for purposes of this Section 7 shall be the Annual Bonus payable during the current fiscal year at the target amount provided above) (together, the “Separation Pay”); and (ii) during the six-month period commencing on the Termination Date that Employee is eligible to elect and elects to continue coverage for himself and his eligible dependents under the Company’s group heath insurance plan pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), or similar state law, the Company shall reimburse Employee on a monthly basis for the difference between the amount Employee pays to effect and continue such coverage under COBRA and the employee contribution amount that active employees of the Company pay for the same or similar coverage; provided, however, that Employee shall notify the Company in writing within five days after he becomes eligible after the Termination Date for group health insurance coverage, if any, through subsequent employment or otherwise and the Company shall have no further reimbursement obligation after Employee becomes eligible for group health insurance coverage due to subsequent employment or otherwise. The Separation Pay shall be paid to Employee in a lump sum within 60 days of the Termination Date; provided, however, that no Separation Pay shall be paid to Employee unless the Company receives, on or within 55 days after the Termination Date, an executed and fully effective copy of the Release (as defined below). Any COBRA reimbursements due under this Section shall be made by the last day of the month following the month in which the applicable premiums were paid by Employee. For the avoidance of doubt, Employee shall not be entitled to the Separation Benefits if this Agreement is terminated (i) due to Employee’s death; (ii) by the Company due to Employee’s Inability to Perform; (iii) by the Company for Cause; (iv) by Employee without Good Reason; or (v) by non-renewal by Employee in accordance with Sections 4(b) and 6(f).

  • Standard Benefits During the Employment Period, Executive shall be entitled to participate in all employee benefit plans and programs, including paid vacations, generally available to other similarly situated Company executives, subject to the terms and conditions of the applicable plans.

Time is Money Join Law Insider Premium to draft better contracts faster.