Common use of Use of Company Car Clause in Contracts

Use of Company Car. During her employment with the Company hereunder, the Executive shall have the use of a Company car free of charge. Any income tax which may be assessed on such use of the car shall be for the account of the Company. The Executive will be responsible for the payment of fines (if any) imposed with respect to the use of the car by her.

Appears in 3 contracts

Samples: Employment Agreement (Quark Pharmaceuticals Inc), Employment Agreement (Quark Pharmaceuticals Inc), Employment Agreement (Quark Pharmaceuticals Inc)

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Use of Company Car. During her employment his employ with the Company hereunder, the Executive shall have the use of a Company car free of charge. Any income tax which may be assessed on such use of the car shall be for the account of the Company. The Executive will be responsible for the payment of fines (if any) imposed with respect to the use of the car by herhim.

Appears in 1 contract

Samples: Employment Agreement (Quark Biotech Inc)

Use of Company Car. During her employment with the Company hereunder, the Executive shall have the use of a Company car free of charge. Any income tax which may be assessed on such use of the car shall be for the account of the Company. The Executive will be responsible for the payment of fines (if any) imposed with respect to the use of the car by her.. 3. (j)

Appears in 1 contract

Samples: Employment Agreement

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Use of Company Car. During her his employment with the Company hereunder, the Executive shall have the use of a Company car (rank 2) free of charge. Any income tax which may be assessed on such use of the car shall be for the account of the Company. The Executive will be responsible for the payment of fines (if any) imposed with respect to the use of the car by her.

Appears in 1 contract

Samples: Employment Agreement (Quark Pharmaceuticals Inc)

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