Use of Automobile. During the Employment Period, Employee shall be entitled to the use of an automobile leased or owned by the Company in connection with the Company’s business. The make and model of the automobile shall be reasonably satisfactory to Employee, provided that the Company’s monthly payments in respect thereof (exclusive of the expenses referred to in the following sentence) shall not exceed $500. In lieu of the foregoing, the Company may pay Employee an automobile allowance of $500 a month. Employee shall be entitled to receive reimbursement for reasonable out-of-pocket expenses related to the automobile, including, without limitation, cost of gas, oil, insurance and other costs incurred by Employee in operating and maintaining the automobile; provided, however, that Employee shall be responsible for keeping appropriate records regarding the use of said automobile, as instructed by the Company or its accountants.
Appears in 5 contracts
Samples: Employment Agreement (Cantel Medical Corp), Employment Agreement (Cantel Medical Corp), Employment Agreement (Cantel Medical Corp)
Use of Automobile. During the Employment Period, Employee shall be entitled to the use of an automobile leased or owned by the Company in connection with the Company’s business. The make and model of the automobile shall be reasonably satisfactory to Employee, provided that the Company’s monthly payments in respect thereof (exclusive of the expenses referred to in the following sentence) shall not exceed $500700. In lieu of the foregoing, the Company may pay Employee an automobile allowance of $500 700 a month. Employee shall also be entitled to receive reimbursement for reasonable out-of-pocket expenses related to the automobile, including, without limitation, cost of gas, oil, insurance and other costs incurred by Employee in operating and maintaining the automobile; provided, however, that Employee shall be responsible for keeping appropriate records regarding the use of said automobile, as instructed by the Company or its accountants.
Appears in 2 contracts
Samples: Employment Agreement (Cantel Medical Corp), Employment Agreement (Cantel Medical Corp)
Use of Automobile. During the Employment Period, Employee shall be entitled to the use of an automobile leased or owned by the Company in connection with the Company’s business. The make and model of the automobile shall be reasonably satisfactory to Employee, provided that the Company’s monthly payments in respect thereof (exclusive of the expenses referred to in the following sentence) shall not exceed $500700. In lieu of the foregoing, the Company may pay Employee an automobile allowance of $500 700 a month. Employee shall be entitled to receive reimbursement for reasonable out-of-pocket expenses related to the automobile, including, without limitation, cost of gas, oil, insurance and other costs incurred by Employee in operating and maintaining the automobile; provided, however, that Employee shall be responsible for keeping appropriate records regarding the use of said automobile, as instructed by the Company or its accountants.
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Use of Automobile. During the Employment Period, Employee shall be entitled to the use of an automobile leased or owned by the Company in connection with the Company’s business. The make and model of the automobile shall be reasonably satisfactory to Employee, provided that the Company’s monthly payments in respect thereof (exclusive of the expenses referred to in the following sentence) shall not exceed $500700. In lieu of the foregoing, the Company Employee may pay Employee an elect to receive a monthly automobile allowance of $500 a month700. Employee shall also be entitled to receive reimbursement for reasonable out-of-pocket expenses related to the automobileexpenses, including, without limitation, cost of gas, oil, insurance and other costs incurred by Employee in operating and maintaining the automobile; provided, however, that Employee shall be responsible for keeping appropriate records regarding the use of said automobile, as instructed by the Company or its accountants.
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Use of Automobile. During the Employment Period, Employee shall be entitled to the use of an automobile leased or owned by the Company in connection with the Company’s 's business. The make and model of the automobile shall be reasonably satisfactory to Employee, provided that the Company’s 's monthly payments in respect thereof (exclusive of the expenses referred to in the following sentence) shall not exceed $500700. In lieu of the foregoing, the Company may pay Employee an automobile allowance of $500 700 a month. Employee shall be entitled to receive reimbursement for reasonable out-of-pocket expenses related to the automobileexpenses, including, without limitation, cost of gas, oil, insurance and other costs incurred by Employee in operating and maintaining the automobile; provided, however, that Employee shall be responsible for keeping appropriate records regarding the use of said automobile, as instructed by the Company or its accountants.
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