Automobile Allowance. Executive shall be provided an Automobile Allowance of 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 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 Executives 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 Executives 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 Executives use of the vehicle which was for business purposes.
Automobile. will provide to Loggenberg the use of an automobile of Loggenberg's choice at a gross purchase price not to exceed . 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. will pay all automobile operating expenses incurred by Loggenberg in the performance of Loggenberg's duties. will procure and maintain in force an automobile liability policy for the automobile with coverage, including Loggenberg, in the minimum amount of combined single limit on bodily injury and property damage.
Automotive Allowance: An automobile allowance of per month will be provided to you as a Senior Executive Vice President.
also provide you with an automobile allowance of 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 , that is not deducted from other amounts paid or payable to Employee.
Company Vehicle. Melamed will be entitled a monthly automobile allowance of , and in addition her car insurance, gasoline, repairs and all other automobile costs shall be paid by RoxSan during the term hereof.
Auto Allowance. During the term of your employment, at your option, the Company shall either # provide an automobile suitable for your purposes, with an acquisition value not to exceed , or # a monthly auto allowance of . Payable bi-weekly in accordance with the Company's standard payroll practices and subject to withholding taxes, all in accordance with the Company's automobile program.
Automobile Liability. Business automobile liability coverage of all owned, non-owned or hired motor vehicles with coverage at least as broad as the Insurance Services Office (ISO) business automobile coverage form with limits not less than combined single limit for bodily injury and property damage.
Company Automobile. The Employee may continue using the Company-provided car in his possession at the Effective Date of this Agreement until . As of , the Employee may purchase the car at its market value (as determined by the Company's Fleet Services provider) or relinquish the car to the Company.
Allowance. Paragraph 11 of the First Amendment is deleted and replaced with the following:
Automobile Liability Coverage. Service Provider will be responsible for providing and maintaining Comprehensive Automobile Liability insurance, including coverage for owned, hired and non-owned automobiles, with a combined single limit not less than per occurrence.
Automobile Allowance: Immediately upon successful completion of the Companys public offering, the Executive shall receive use of a Company vehicle subject to the policies and costs as agreed between the Executive and the Board. Such benefit shall include routine expenses such as fuel, maintenance, insurance, etc.
an amount equal to that necessary to offset the Federal, state and local income taxes, as well as associated employment taxes, of the recipient (including taxes on tax reimbursements) resulting from the benefits in such plan or plans, other than # the monthly automobile allowance, and # personal use of aircraft; and/or
Business Expenses. Employee shall be entitled to reimbursement for reasonable and necessary out-of-pocket business, entertainment, and travel expenses incurred by Employee in connection with the performance of Employee’s duties, in accordance with the Company’s expense reimbursement policies. Employee shall receive an allowance of per month for automobile and cell phone expenses.
In order to provide remuneration for business use of your personal automobile, financial planning services, and other personal, job related expenses; you will continue to be provided with an annual allowance of (paid bi-weekly). Additionally, you will continue to have access to Medtronic’s corporate jet, following the policies that have been established for its use.
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