Car Allowance has the meaning ascribed to it in section "4.6" hereinbelow;
Car Allowance. Consistent with other executive officers of Ptek, you will be entitled to a car allowance of $1,000 per month in addition to your other cash compensation.
Car Allowance. You will receive a monthly car allowance of $600 per month. - PAID TIME OFF: You will be eligible to take the following number of paid vacation days per full year of employment: July 1, 2002 - June 30, 2003: 10 days July 1, 2003 - June 30, 2004: 10 days July 1, 2004 - June 30, 2005 and each year thereafter: 15 days Vacation days will accrue on a monthly basis commencing on the first day of employment. You also will be eligible for paid-time-off holidays and personal days recognized by the Company.
Examples of Car Allowance in a sentence
The Car Allowance shall equal 4% of the Executive’s Base Salary, less applicable withholding and other deductions, and shall be divided into equal payments and paid on the same basis as the Corporation’s payroll.
Car Allowance is not a Compensation Provision, but a “cost of doing business” expense incurred by the pastor on behalf of the church.
Fixed Pay comprising Basic Salary, HRA, Car Allowance (applicable to General Managers & above employees), Conveyance Allowances / Reimbursement, Company’s contribution to Provident Fund, Superannuation Fund, Gratuity, etc.
Cash for Clunkers: An Evaluation of the Car Allowance Rebate System.
The Car Allowance (See section 6 below) was last increased in 2004.
More Definitions of Car Allowance
Car Allowance has the meaning ascribed to it in section "4.7" hereinbelow; (j) "COMPANIES" means the Company and BioSync; (k) "COMPANY" means MIV Therapeutics, Inc., a company incorporated under the laws of the State of Nevada, U.S.A., or any successor company, however formed, whether as a result of merger, amalgamation or other action; (l) "COMPANY'S NON-RENEWAL NOTICE" has the meaning ascribed to it in section "3.2" hereinbelow; (m) "DATE OF GRANT" has the meaning ascribed to it in section "4.9" hereinbelow; (n) "EFFECTIVE DATE" has the meaning ascribed to it on the front page of this Agreement; (o) "EFFECTIVE TERMINATION DATE" has the meaning ascribed to it in each of sections "3.3", "3.4", "3.5", "3.6" and "5.6" hereinbelow; (p) "EXECUTIVE" means Rajesh Vaishnav; (q) "EXPENSES" has the meaning ascrixxx xx xx xx xxction "4.6" hereinbelow; (r) "FEE" has the meaning ascribed to it in section "4.1" hereinbelow; (s) "GENERAL SERVICES" has the meaning ascribed to it in section "2.1" hereinbelow; (t) "INDEMNIFIED PARTY" has the meaning ascribed to it in section "6.1" hereinbelow; (u) "INITIAL TERM" has the meaning ascribed to it in section "3.1" hereinbelow; (v) "INSURANCE" has the meaning ascribed to it in section "5.8" hereinbelow; (w) "NOTICE OF TERMINATION" has the meaning ascribed to it in each of sections "3.3", "3.4", "3.5", "3.6" and "5.6" hereinbelow; (x) "OPTION" has the meaning ascribed to it in section "4.9" hereinbelow; (y) "OPTION PLAN" has the meaning ascribed to it in section "4.9" hereinbelow; (z) "OPTION SHARES" has the meaning ascribed to it in section "4.9" hereinbelow;
Car Allowance means a vehicle allowance paid to an employee who qualifies for a car allowance taxed by SARS in terms of the relevant taxation legislation based on the employee’s personal grade and/or job function that requires businesstravel;2.2.Car Allowance Employees:means employees who are expected to register and insure a vehicle in their own name and use this vehicle for business purposes inter alia to perform their duties. This employee is expectedto have a vehicle at all times for business use;2.3.Company:means Trade Link Retail Systems (Pty) Ltd;2.4.Company Car Employees:means employees who make use of Company owned vehicles to carry out their duties on a daily basis (for example, an employee employed as a driver) and employees who are occasionally required to make use of aCompany vehicle to perform their duties;2.5.Companyvehicle:means a motor vehicle or motorcycle where theCompany is the title holder;2.6.Driver/s:means Company Car Employees, Car Allowance Employees and Occasional Driversjointly;2.7.Employee:means any person in the employment of theCompany;2.8.Fair wear and tear:means any loss or damage to a vehicle resultingfrom the reasonable usage of the vehicle in accordance with this guideline such as cracked or broken glass, stone chips, scuff marks on painted surfaces and minor scratches where only the clear coat is slightly damaged,reasonable tyre wear; etc.2.9.Incident:means any incident resulting in disfiguration, loss or damage to a vehicle (including window or windscreen damage), but excludes fair wearand tear;2.10Occasional Drivers:means employees who may occasionally berequired to use their personal vehicle to carry out their duties;2.11Reasonable fuel:means a maximum annual amount as determined by the Company from time to time and which will take into consideration the mileage travelled by the employee from home to work and back, business travel requirements as well as other reasonable private travel onholiday and/or during weekends;2.12Responsiblepersonmeans the driver or user in the case of aCompany vehicle;2.13SARS:South African Revenue Services.
Car Allowance. Executive shall receive an expense allowance of One Thousand and 00/100 dollars ($1,000.00) per month for the cost of operating and maintaining a motor vehicle to assist Executive in rendering services to the Corporation, plus automobile liability insurance with coverage in an amount appropriate to his potential liability. Executive will not be required to submit to the Corporation documentation relating to this automobile allowance. 3.6.4 D & O Insurance: So long as the Corporation or GST provides directors' and officers' liability insurance coverage for the directors and officers of GST and the Corporation generally, the Corporation shall use its best efforts to cause GST to obtain and maintain, at GST's expense, such coverage applicable to Executive. Executive shall not be required to serve in any office of the GST Companies if such coverage is not applicable to his service in such office. 3.7
Car Allowance. Two Hundred Thirty Dollars, Seventy-Seven cents ($230.77) payable bi-weekly totaling six thousands ($6000) per year. This amount is to cover all expenses related in automobile business travel. If Horndasch voluntarily resigns xx xx xxrminated for "cause," at the option of the Company, Horndasch forfeits any amounts xxxx xxx be due under this Agreement as of his termination date or which may become due thereafter which are not required to be paid out according to Illinois law. In case of Horndasch's death, any amounts owed, including salary will be payable to his estate. In the event that Horndasch's employment is terminated "without cause" by HEALTHSTAR, Horndasch shall receive a 90-xxx xxxxten notice of termination of employment and shall be compensated according to the terms of this agreement during this period.
Car Allowance. You will receive a monthly car allowance of USD$1,500 gross. This will be paid to you at the end of each month.
Car Allowance. Employee shall receive a monthly car allowance in the sum of $500.00 per month for the use of his automobile on Company business. The Company agrees to reimburse fuel, maintenance, and automobile insurance for employee. Employee acknowledges liability coverage of not less than $300,000.00.
Car Allowance. The company shall provide Swift with a monthly car allowance of $400 per month during the term of his employment under this Agreement.