Use of DTG Vehicles Sample Clauses

Use of DTG Vehicles. DTG agrees that Employee may continue to use the two (2) DTG vehicles (“Vehicles”) assigned to Employee upon the same terms and conditions set forth in the policy governing such use by Employee until such time that the aforementioned vehicles are replaced by two (2) new vehicles to be ordered by Employee prior to the Retirement Date and also subject to use upon the same aforementioned terms and conditions, until 1:00 p.m. (Tulsa time) on the Payment Date, as defined below in Section 4.2, at which time Employee shall return the Vehicles to DTG’s headquarters in Tulsa, Oklahoma unless Employee has exercised the option and purchased a Vehicle, in which event Employee shall have no obligation to return the purchased Vehicle. In connection with such use, DTG shall: (1) continue to pay Employee the applicable allowances to offset the tax implications and monthly lease payment for each of the Vehicles, and (2) continue to deduct the monthly lease payment for each of the Vehicles, until the end of the Transition Period. DTG shall have the option, in its discretion, to replace each of the Vehicles in order to turn back such Vehicles and/or to substitute either or both of the Vehicles with a comparable Vehicle at any time during the Transition Period. Employee shall have the option to purchase one or both Vehicles on or before the Payment Date at a price equal to fair market value to be determined by DTG.

Use of DTG Vehicles. In lieu of the continued use of the Vehicles for a period of sixty-eight (68) weeks commencing as of January 1, 2007, DTG agrees to pay Employee $26,154.00 on the Payment Date plus $18,373.00 representing the applicable company car allowance including the gas allowance less all applicable taxes and other amounts required to be withheld by DTG.