Automobile Allowance. The Company shall provide the Executive with an automobile allowance in the amount of per month to be allocated at the Executive’s discretion, or such other monthly amount designated by the Board, and that allowance shall be payable in regular installments in accordance with the Company’s general payroll practices.
Automobile Allowance. The CompanyExecutive shall provide the Executive withbe provided an automobile allowance in the amountAutomobile Allowance of per month to be allocated at the Executive’s discretion, or such other monthly amount designated by the Board, and thatmonth. The allowance shall be payable in regular installments in accordance withused at Executive’s discretion toward the Company’purchase/lease of a vehicle of Executive’s general payroll practices.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. The Company shall provideAutomobile. Each Executive Officer may receive the Executive withuse of a four-door automobile or an automobile allowance inand expenses associated with the operation of the automobile. The Administrator shall determine the amount of the allowance for each Executive Officer provided that the allowance shall not exceed per month to be allocated at the Executive’s discretion, or such other monthly amount designated by the Board, and that allowance shall be payable in regular installments in accordance with the Company’s general payroll practices.month.
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