Automobile Allowance shall have the meaning set forth in Section 4(f) below.
Automobile Allowance. The Bank shall provide Employee with an automobile allowance of $1,000 per month as per Bank policy. However, at the sole discretion of the Board of Directors and/or the Bank’s Chief Executive Officer, the Bank reserves the right to change or eliminate this benefit at any time.
Automobile Allowance is defined in section 5(a). ------------
Examples of Automobile Allowance in a sentence
An employee whose position is listed as qualifying for an auto allowance and who elects not to drive their personal vehicle for City business will not receive an auto allowance per the City’s Administrative Regulation Finance.03 Mileage Reimbursement and Automobile Allowance Policies.
More Definitions of Automobile Allowance
Automobile Allowance. The Bank shall pay the Executive the sum of Seven Hundred Fifty Dollars ($750) per month on a semi-monthly basis as and for expenses to cover all costs of use, maintenance, repair, upkeep, fuel, cleaning and operation of his automobile (except mileage costs incurred to travel to locations outside of the Reno service area) used in the course and scope of his employment.
Automobile Allowance. Executive shall receive an automobile allowance in the amount of $600.00 per month.
Automobile Allowance. The Company shall pay Employee an automobile allowance of $600 per month. The cost of the automobile and all expenses for the operation (including insurance) and maintenance of the automobile shall be paid by Employee. 401(k) Plan: Available for Employee's election if eligible. Flexible Spending Account: Available for Employee's election if eligible.
Automobile Allowance. It is recognized by the parties to this Agreement that the Board wil pay a two hundred and fifty dollars ($250.00) automobile allowance monthly to cover all mileage traveled by the Superintendent on School District business.
Automobile Allowance. Company automobile allowance consistent with the allowance given to executive officers of the Company.
Automobile Allowance. Monthly automobile allowance equal to the sum of (a) $395.00 in the case of Michel and $391.78 in the case of Xxxxx plus (b) the lesser of (i) the incremental monthly cost to each of Michel and Xxxxx, as the case may be, of insuring his leased car on his personal automobile insurance policy with coverage comparable to that currently maintained by the Company or (ii) the monthly cost currently being incurred by MR in insuring such car.
Automobile Allowance. Monthly $750.