Executive Car definition

Executive Car means a Vehicle which is at least a full size, luxury sedan featuring amenities which include, but are not limited to, air conditioning, leather or a high quality fabric upholstery, a stereo system, and is not more than five (5) years old, which transports passengers for hire as a common carrier.

Examples of Executive Car in a sentence

  • The Executive shall return any Company vehicle provided to him under the Executive Car Program to the Company or its designee upon the expiration of his Executive Car Program benefits as described in the foregoing sentence.

  • Notwithstanding anything to the contrary contained herein, the Executive shall be entitled to participate in the Company’s Executive Car Program in effect for the Executive immediately prior to the Severance Period only until the earlier of (x) the second anniversary of the Executive’s then current car lease, or (y) the end of the Severance Period.

  • The Company will provide Executive with access to a vehicle as per the provisions of the Sensus Metering Systems Executive Car Policy.

  • Executive Car Leasing Long-Term Disability Plan, 466 F.3d 727, 733 (9th Cir.

  • After your participation in the Executive Car Program ceases effective as of your Last Day of Employment, you will have the option to purchase the car assigned to you for fair market value; provided that you pay all incremental costs incurred by the Company as a result of such assignment.

  • In the event that you do not purchase the car assigned to you under the Executive Car Program on or before the Last Day of Employment, you shall return such car as directed by the Company or its agents.

  • EXECUTIVE CAR PROGRAM: A lump sum payment that, after applicable taxes and deductions, is equivalent to the value of twenty-four (24) months of future participation in the Executive Car Program.

  • A Terminated Officer eligible for severance under this Involuntary Termination Plan shall be permitted to continue using the automobile provided to him or her by the Corporation in accordance with the terms of the Corporation’s Executive Car Program in effect at the Termination Date.

  • EXECUTIVE CAR PROGRAM: A lump sum payment that, after applicable taxes and deductions, is equivalent to the value of thirty-six (36) months of future participation in the Executive Car Program.

  • The same arrangements will apply to members of the Company’s Executive Car Scheme as subsist in respect of Executives retiring at the normal retirement age and in accordance with the rules under RBSelect.

Related to Executive Car

  • Executive Chairman means the Executive Chairman of the Board.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Executive means the individual named in the first paragraph of this Agreement.

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.

  • Executive Council means the Executive Council of the University;

  • the Executive means the Health and Safety Executive;

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Executive Mayor means the councillor elected as the executive mayor of the municipality in terms of section 55 of the Municipal Structures Act;

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • Executive session means all or part of a meeting that is closed or confidential.

  • Executive manager means an individual employed by a new motor vehicle dealer in an executive capacity and who has a written employment agreement with the dealer that includes a right for the executive manager to purchase a controlling interest in the dealership at a future time or on the death or incapacity of the dealer.

  • Executive Board means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the commission.

  • Key Executives means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxxxx, jointly and severally.

  • Executive Engineer “Superintending Engineer” and “Chief Engineer” used in the contract and the documents attached thereto, shall respectively be taken to include the terms “Deputy Director” “Director” and “Director General” or the holder of the corresponding posts in relation to the work.

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Senior Executive means the chief executive officer, chief operating officer, chief financial officer, and anyone in charge of a principal business unit or function.

  • Executive Director means the executive director of the

  • Key Executive means an employee of a Textron Company who has been and continues to be designated as a Key Executive under the Plan by Textron’s Chief Executive Officer and Chief Human Resources Officer.

  • Employment Term has the meaning specified in Section 2.

  • Chief Nursing Executive means the senior nurse employed by the Hospital who reports directly to the Chief Executive Officer and is responsible for nursing services provided in the Hospital;

  • Executive Directors means a person appointed as director directly accountable to the municipal manager.

  • Executives has the meaning set forth in Section 12.2(a).

  • Period of Employment shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

  • Long-term inpatient care means inpatient services for