# Corporation’s Car Allowance Plan
A monthly car allowance of $750.
Car Allowance, paid through payroll $500 per month
The Company will provide a company car or an automobile allowance.
a car allowance in the amount of $500 per month, payable monthly;
You will be given a $750/monthly car allowance paid bi-weekly in the amount of $346.15.
Company Car. On or prior to the end of the Transition Period, Executive may purchase for her personal use the vehicle which the Company has been leasing for her (such date of purchase, the Transfer Date). Upon payment to the Company by Executive of the depreciated value of the vehicle, the Company will arrange for the transfer of title to Executive effective as of the Transfer Date. Executive shall be responsible for all applicable taxes and transfer title fees. Executive acknowledges and agrees that as of the Transfer Date the Company shall no longer insure or maintain the vehicle.
You are entitled to a car allowance of £11,112 gross per annum subject to deductions for tax and National Insurance contributions, and any other deductions required by law.
Allowance. Paragraph 11 of the First Amendment is deleted and replaced with the following:
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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