Company Car definition
Examples of Company Car in a sentence
Employee shall have no rights of lien with respect to the Company Car and/or any of said equipment and documents.
The Company Car shall be placed with the Employee for his business and personal use.
Employee shall take good care of the Company Car and ensure that the provisions of the insurance policy and the Company’s rules relating to the Company Car are strictly, lawfully and carefully observed.
All taxes arising out of the use of the Company Car shall be borne by Employee, and Employee acknowledges that such taxes will be withheld from Employee’s salary as required by law.
Employee will be provided with a Company automobile in accordance with the Company Car policy.
The Company Car will remain in BioLine’s ownership, and will be returned to BioLine immediately upon termination of Employee’s employment with BioLine for any reason, as of the date of termination.
Employee shall use the Company Car in accordance with BioLine’s car policy then in effect, as well as the requirements of the leasing company and the insurance company.
During the Period of Employment, Executive shall be entitled to an automobile or to a lease for an automobile (the "Company Car") for up to $1,500.00 per month and the cost of automobile insurance for such Company Car.
Employee is aware that in order to provide Employee with the Company Car the Company shall lease the Company Car from a leasing company, and Employee undertakes to strictly comply with the provisions of the leasing agreement.
One German Luxury Company Car each including gasoline, repairs, maintenance, insurance, taxes, etc.