Executive Perquisites definition

Executive Perquisites means any Company provided perquisites provided to You by the Company as set forth in Your Employment Agreement.
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Executive Perquisites means any and all fringe benefit plans, programs and arrangements of any type or description, exclusive only of Employee Benefit Plans (which are subject to Section 4(d) hereof), cash compensation (i.e., salary, bonuses and other incentive compensation and payments in connection with termination, to the extent not already excluded as an Employee Benefit Plan) and equity participation (which is subject to Section 4(c) hereof).
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Executive Perquisites. You will be eligible for the following: • As a new leader within Key, you participate in the Executive Health Program at the Cleveland Clinic. This program provides comprehensive diagnostic and preventative medical services to assess, address and optimize your health. The goal of the program is to target and reduce health risks, promote wellness, discover potential health problems and to facilitate prompt and expert treatment of any conditions detected. Additional information about the program and details on how to schedule the exam will be provided to you from the Executive Compensation & Benefits team. The amount of the benefit is subject to income tax and will be grossed-up in your taxable wages for reporting purposes. • You are also eligible to receive customized, executive-level services from KeyCorp’s Private Banking team — which provides best-in-class banking, trust and investing capabilities. A Financial advisor will be contacting you soon to discuss your financial needs and objectives, and also to address any transition items — such as 401k rollover from your previous employer — that you may have. All fees for banking and investment related services will be in accordance with Key’s policies for senior level executives. • You are also eligible to take advantage of tax consulting, tax preparation and estate planning up to $5,000 annually. The amount of the reimbursement is subject to income tax and will be added to your taxable wages for reporting purposes. • Membership in one luncheon club in Cleveland. The company will pay any initiation fees, if required, and your monthly dues and any assessments. Reimbursement for these expenses will automatically be made through payroll and will be grossed-up for tax purposes. Xxxxx Xxxxxxx November 25, 2008 Page 6 of 8 • Membership in one corporate country club in Cleveland. The company will pay any initiation fees, if required, and your monthly dues and any assessments. Reimbursement for these monthly expenses will automatically be made through payroll and will be grossed-up for tax purposes. • Initiation fees in a personal country club, if you desire. Any subsequent expenses (i.e., monthly dues, assessments, personal expenses, annual fees) will be paid by you. Business related expenses for business entertainment purposes at the above clubs will be reimbursed through our expense reimbursement process.
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Examples of Executive Perquisites in a sentence

  • With respect to the Hawthorn Woods Sewer Division, the Company agreed and stipulated to the resolution of Working Capital, Incentive Compensation, Payroll Taxes, Executive Perquisites, Rate Case Expense, Amortization of Organization Costs, Parent Company Service Charges, Organization Costs, Utility Plant in Service and Accrued OPEB Liability issues in a manner consistent with the positions taken and adjustments proposed by Staff.

  • You are eligible for other Executive Perquisites in 2009 as follows: • A car allowance of $1000/month (less applicable taxes and deductions) for the purchase or lease of a GM vehicle that is within the last three model years.

  • Xxxxxx xxxll be entitled to the use of the balance of his Executive Perquisites Account for 1999, if any.

  • Resolved/Uncontested Issues Rate Case Expense Advertising ExpenseOutside Professional Expenses Officer Benefits and Executive Perquisites Board of Director ExpensesCancellation of Project J08PB Deferred Tax ExpenseLobbying Expense Dues Expense Postage ExpenseGovernment Agency Fees Project J0DX1 Videos ExpenseCellular Service/Other Office Expenses Fuel Expense2020 / 2021 General Plant Retirements Deferred Tax Expense Asset Separation Project Adjustment – DepreciationCloud Computing Expense B.

  • With respect to the Vermilion Water Division, the Company agreed and stipulated to the resolution of Working Capital, Incentive Compensation, Payroll Taxes, Executive Perquisites, Rate Case Expense, Uncollectibles Expense, Parent Company Service Charges, Tank Painting, Utility Plant in Service, and Accrued OPEB Liability issues in a manner consistent with the positions taken and adjustments proposed by Staff subject to five modifications from Staff’s proposals in Direct Testimony.

  • Your participation in the Executive Perquisites Account plan shall terminate effective close of business on April 30, 1998.

  • Your participation in the Executive Perquisites Account plan shall continue though your Termination Date.

  • The Company shall pay Executive gross-up payments in the same manner as set forth in Section 5 above for any taxes attributable to items selected under the Executive Perquisites Plan or to the gross-up payment.

  • During the Consulting Period the Company will also provide Executive access to appropriate office facilities at a mutually agreeable site, including office and secretarial support, communications support, two club memberships (which shall not include any initiation fees or charges), and a "miscellaneous services" allowance as provided in 6.0 of Sprint Executive Perquisites, E00/E07, in each case comparable to those previously provided to Executive.

  • The Company shall contribute $70,000 each year to the Company's Executive Perquisites Plan for the benefit of Executive.

Related to Executive Perquisites

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

  • 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.

  • Senior Executives has the meaning set forth in Section II.A.3.

  • Fringe benefits means the amount of:

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

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

  • Employment Period has the meaning set forth in Section 2.01.

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

  • Employment Term has the meaning specified in Section 2.

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

  • Term of Employment means the period specified in Section 2 below.

  • the Executive means the Health and Safety Executive;

  • Covered Executives means the Company’s current and former executive officers, as determined by the Administrator in accordance with the definition of executive officer set forth in Rule 10D-1 and the Listing Standards.

  • Senior Executive Officers means the Company's "senior executive officers" as defined in subsection 111(b)(3) of the EESA and regulations issued thereunder, including the rules set forth in 31 C.F.R. Part 30.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • 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.

  • Severance Term means the twenty-four (24) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason.

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

  • Employers means the Company and/or any of its subsidiaries (now in existence or hereafter formed or acquired) that have been selected by the Board to participate in the Plan and have adopted the Plan as a sponsor.

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Executive Chairman means the Executive Chairman of the Board.

  • Employee means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company.

  • Salary as defined in Section 3.1(a).

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.