Example ContractsClausesAutomobile
Automobile
Automobile contract clause examples

Automobile. The Company shall provide the Executive with an automobile allowance of $1,100 per month (the “Automobile Payment”). The Automobile Payment will be paid and is taxable as ordinary income. In addition, the Company shall reimburse Executive for the costs of gasoline, insurance, and reasonable operating expenses for that automobile, as well as costs for taxis or ride hailing services such as Uber, in accordance with Company policies in effect for senior executives from time to time, up to a collective maximum of $11,800 per annum.

Automobile. The Company shall provide the Executive with a company car. The Executive and his immediate family may also use the company car for personal purposes. The Company shall bear all petrol, maintenance and repair costs, as well as insurance costs and vehicle tax related to the Company car. The Executive shall, however, be liable for the payment of tax on the taxable benefit resulting from the right to use the company car for personal purposes.

Automobile. Employer shall provide Executive, for his personal use, a company vehicle at a price not to exceed $50,000.00. “Personal use” excludes all non-business use by individuals other than Executive except in the case of an emergency. Executive shall be responsible for paying the tax on income attributable to the provision of such vehicle.

Automobile. The Company shall provide the Executive with a company car. The Executive shall be liable for the payment of any tax due on such car benefit.

Automobile. The Company shall lease and shall pay all insurance, maintenance, repair and other charges relating to, a late model luxury automobile for use by the Executive.

Automobile. The Employer shall provide Executive with either # a reasonable monthly automobile allowance; or # an automobile of the make and model reasonably commensurate with the Executive’s position, and reimbursement of expenses associated with the operation, maintenance and repair of the automobile.

Automobile. Employer shall provide Executive, for his personal use, a company vehicle at a price not to exceed $50,000.00. “Personal use” excludes all non-business use by individuals other than Executive except in the case of an emergency. Such personal use of the vehicle shall be permitted in and around the greater Richmond area. Executive shall be responsible for paying the tax on income attributable to the provision of such vehicle.

Automobile. The Employer shall provide Executive with either # a reasonable monthly automobile allowance; or # an automobile of the make and model reasonably commensurate with the Executive’s position, and reimbursement of expenses associated with the operation, maintenance and repair of the automobile.

Automobile. The Corporation shall lease and provide the use of an automobile to the Executive pursuant to the Corporation's policy on automobiles for executives as may be in effect from time to time, provided that the maximum lease that the Corporation shall pay and/or reimburse the Executive for is $1,200 per month (in Vancouver) or the equivalent to lease an Audi [[Unknown Identifier]] automobile (or a similar class of vehicle) in Berlin. Notwithstanding the foregoing, if the Executive elects a vehicle in either of Vancouver or Berlin (as the case may be) where the lease costs for such vehicle exceed the foregoing maximum limits, the Executive shall pay or reimburse the Corporation such costs in excess of the foregoing maximum limits from and for his own account.

Automobile. During the Term, the Company shall pay Executive a minimum monthly car allowance of no less than $1,200. Such automobile allowance will be adjusted from time to time in the same manner as such car allowances are adjusted for senior executives of the Company generally.

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