Example ContractsClausesAutomobile Allowance
Automobile Allowance
Automobile Allowance contract clause examples

Automobile Allowance. Executive shall be provided an Automobile Allowance of One Thousand Five Hundred Dollars ($1,500.00) per month. The allowance shall be used at Executive’s discretion toward the purchase/lease of a vehicle of Executive’s choice. Executive understands that the allowance will be treated as taxable income and will be paid regardless of the amount of Executive’s monthly automobile payment.

Automobile Allowance. Employee shall be eligible to receive an automobile allowance equal to $16,250 per year payable in equal installments through the year at such time as payroll payments are made.

Automobile. During the Employment Period, Penns Woods shall provide Executive with an automobile selected by Penns Woods (which shall be owned or leased by Penns Woods or an affiliate of Penns Woods) for the Executive’s business and personal use. Penns Woods will cover all repairs and operating expenses of such automobile, including the cost of liability insurance, comprehensive and collision insurance. Upon termination of Executive’s employment hereunder for any reason, Executive shall either immediately return the vehicle to Penns Woods or purchase the vehicle (or assume the lease) in accordance with the vehicle purchase policy of Penns Woods. Upon request by Penns Woods, Executive shall submit to Penns Woods on a timely basis documentation which defines the percentage of Executive’s use of the vehicle which was for business purposes.

Automobile. [[Organization B:Organization]] will provide to Loggenberg the use of an automobile of Loggenberg's choice at a gross purchase price not to exceed $50,000. [[Organization B:Organization]] agrees to replace the automobile with a new one at Loggenberg's request no more often than once every five years or 85.000 miles, whichever comes first. [[Organization B:Organization]] will pay all automobile operating expenses incurred by Loggenberg in the performance of Loggenberg's [[Organization B:Organization]] duties. [[Organization B:Organization]] will procure and maintain in force an automobile liability policy for the automobile with coverage, including Loggenberg, in the minimum amount of $1,000,000 combined single limit on bodily injury and property damage.

Automotive Allowance: An automobile allowance of $1,500 per month will be provided to you as a Senior Executive Vice President.

also provide you with an automobile allowance of $1,200 per month.

The Company will provide a company car or an automobile allowance.

Expense Allowance. The Company shall pay directly, or advance funds to Executive or reimburse Executive for, all expenses reasonably incurred by him in connection with the performance of his duties as an employee or consultant hereunder, upon the submission to the Company of itemized expense reports, receipts or vouchers in accordance with its then customary policies and practices.

Severance Allowance. The Company shall provide Employee [the applicable Severance Benefits described in Section 4.1 of the Executive Severance Plan, as amended], subject to such deductions as required by law including, if applicable, repayment of the pay advance made to Employee on or about April 12, 2001, that is not deducted from other amounts paid or payable to Employee.

Severance Allowance. Provided the Employee timely executes, returns, and does not revoke this Agreement and continues to provide services to the company up to and including the Termination Date, the Company shall provide the following consideration:

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