Overseas Allowance definition

Overseas Allowance. For working overseas as set forth herein, the executive will receive an additional $25,000 per annum, payable in quarterly installments at the end of each fiscal quarter commencing with the quarter ending July 1, 2001. The executive will be entitled to receive this allowance only if he works at the Company's locations in Hong Kong and/or the People's Republic of China ("Overseas") for at least six (6) months during the relevant fiscal year. If the executive spends less than six (6) months in a fiscal year working Overseas, the overseas allowance will be prorated accordingly.
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Examples of Overseas Allowance in a sentence

  • Attached Classification, APPENDIX C) Position Basic Salary Per Month Over Heads (% of 3) Sub Total (3+4) Fee (% of 5) Rate Per Month for Home Office (5+6) Overseas Allowance Others Rate per Month for Field Work (7+8) Currency: Jordan Dinar.

  • Attached Classification) Position Basic Salary Per Month Over Heads (% of 3) Sub Total (3+4) Fee (% of 5) Rate Per Month for Home Office (5+6) Overseas Allowance Rate per Month for Field Work (7+8) Category QUALIFICATION/TASKS I Highly qualified staff member having had advanced professional training and a thorough general education, recruited for management, study and design activities calling for initiative and ability to master large projects and complex, constantly evolving tasks.

  • During the Employment Period while Executive is providing services overseas, the Company shall pay the Executive an Overseas Allowance to compensate him for the cost of maintaining his home in the USA, as well as an establishment in England and providing for his own expatriate living costs in England.

  • This Overseas Allowance shall be $90,000 per annum subject to adjustment for sums paid separately to Executive with respect to accommodation and per diem allowances which may be allowed as non-taxable and will not be subject to tax equalization calculations.