Example ContractsClausesRelocation
Relocation
Relocation contract clause examples

Relocation. At such time as requested by the Compensation Committee of the Board (the “Compensation Committee”) or the Board, following the ending (or easing) of the COVID-19 pandemic, Executive shall be present in the Company’s offices, currently located in Cambridge, Massachusetts (the “Corporate Office”), for three to four days per week, and to allow for such presence in the Company’s offices, the Company will provide you with a living expense allowance, in an amount in agreement with Company policy and as reviewed and agreed to by CEO (the “Living Expense Allowance”). The Living Expense Allowance shall be paid monthly in arears within the first ten (10) days of each month. No substantiation for the Living Expense Allowance will be required beyond your personal certification that you physically are located and work in the Corporate Office. The Company will comply with any tax reporting obligations and you will be responsible for any tax payment obligations. You will not be eligible to receive any other reimbursement for living expenses other than reimbursement for reasonable out-of-pocket travel and business expenses incurred in accordance with the Company’s expense reimbursement policy. Notwithstanding the foregoing, the Compensation Committee or the Board will have the right to periodically reassess this requirement, and at any time following the ending (or easing) of the COVID-19 pandemic, the Compensation Committee or the Board may require that Executive relocate his primary residence to the Greater Boston Area.

Relocation. Compute North may relocate Mining Equipment within the Facility or to another Compute North facility upon twenty (20) days’ prior written notice to Customer at Compute North’s expense.

Relocation. Landlord shall have the right, at its expense and after 60 days prior notice to Tenant, to relocate the Roof Equipment to another site on the roof of the Building as long as such site reasonably meets Tenant’s sight line and interference requirements and does not unreasonably interfere with Tenant’s use and operation of the Roof Equipment.

Relocation. If requested by the Board, Executive shall relocate his principal residence to the greater Nashville, Tennessee area within six (6) months following such request and the Company shall reimburse Executive up to $100,000 in the aggregate (or such other amount as may be approved by the Board) for reasonable expenses incurred in connection with such relocation subject to the Company’s relocation policy in effect from time to time, including, without limitation, the Company’s requirements with respect to reporting and documentation of such expenses. Executive must notify the Board in writing within thirty (30) days following such written request to relocate whether he intends to relocate in accordance with this Section 3(e).

Relocation. Landlord shall have the right, at its expense and after 60 days prior notice to Tenant, to relocate the Roof Equipment to another site on the roof over the Central Plant as long as such site reasonably meets Tenant’s sight line and interference requirements and does not unreasonably interfere with Tenant’s use and operation of the Roof Equipment. Any such relocation shall be coordinated in an effort not to unreasonably interfere with Tenant’s business in the Premises.

Relocation. Landlord, at its expense, at any time after the completion of the Initial Term, may cause Tenant to relocate from the Premises to space of reasonably comparable size and utility (“Relocation Space”) within the Building upon sixty (60) days’ prior written notice to Tenant, which notice shall set forth the date by which Tenant must complete such relocation and surrender the prior Premises, as well as a reasonable description of the Relocation Space. From and after the date of the relocation, Base Rent, Tenant’s Share and Tenant’s Tax Share shall be adjusted based on the rentable square footage of the Relocation Space. If the Relocation Space is on a lower floor in the Building, Landlord shall reduce the then-applicable Base Rent by an amount that Landlord reasonably and in good faith determines is appropriate to account for the lower floor location of the Relocation Space. Provided there is no Event of Default nor any event which, with the passage of time and/or the giving of notice would constitute an Event of Default, Landlord shall, within thirty (30) days after receipt of a reasonably detailed invoice, reimburse Tenant for Tenant’s reasonable costs of relocation, including all costs for moving Tenant’s furniture, equipment, supplies and other personal property, as well as the cost of printing and distributing change of address notices to Tenant’s customers and one month’s supply of stationery showing the new address so long as such invoice is delivered to Landlord within sixty (60) days after the effective date of such relocation.

Relocation. The Corporation requiring the Executive to be based more than 50 miles from where the Executive is based immediately prior to the Change in Control, except for: # required travel on the Corporation’s business to an extent substantially consistent with the Executive’s business travel obligations in the ordinary course of business immediately prior to the Change in Control; or # if the Executive has been relocated or repatriated by the Corporation prior to the Change in Control, such relocation as may be required by applicable law or performed in accordance with an agreement (whether written or unwritten) entered into between the Corporation (or an Affiliate) and the Executive prior to the Change in Control; or

Relocation. Landlord shall have the right, at its expense and after ​ days prior notice to Tenant, to relocate the Roof Equipment to another site on the roof of the Building as long as such site reasonably meets Tenant’s sight line and interference requirements and does not unreasonably interfere with Tenant’s use and operation of the Roof Equipment.

Relocation. It is currently anticipated that the Executive shall relocate his/her primary residence to the [[Address A:Address]] area on or prior to March 31, 2023 (the “Relocation Deadline”). The Company shall reimburse the Executive for reasonable and necessary documented relocation and moving expenses incurred in connection with the Executive’s relocation described in this Section 3(f), including but not limited to reasonable and documented expenses incidental to the sale of the Executive’s primary residence and the purchase of the Executive’s primary residence in the [[Address A:Address]] area, up to a maximum amount of $100,000 (the “Relocation Expenses”). Such reimbursement shall be dependent upon the Executive’s submission, within thirty (30) days after such expenses are incurred, of documentation reasonably acceptable to the Company that evidences such expenses. Reimbursement of the Relocation Expenses, if any, shall be made no later than sixty (60) days after the Company’s receipt of approved documentation. In the event that the Executive resigns his/her employment with the Company without Good Reason or is terminated by the Company for Cause # on or prior to the twelve (12)-month anniversary of the Effective Date, then the Executive hereby agrees to repay in full all reimbursed Relocation Expenses, or # after the twelve (12)-month anniversary of the Effective Date, but on or prior to the twenty-four (24)-month anniversary of the Effective Date, then the Executive hereby agrees to repay 50% of all reimbursed Relocation Expenses, in each case with repayment to occur no later than thirty (30) days after the date of the Executive’s termination of employment with the Company. The Executive hereby authorizes the Company to immediately offset against and reduce any amounts otherwise due to the Executive for any amounts in respect of the obligation to repay reimbursed Relocation Expenses. For the avoidance of doubt, if the Executive is terminated without Cause or resigns for Good Reason, the Executive does not have to repay any of the reimbursed Relocation Expenses.

Relocation. The Corporation requiring the Executive to be based more than 50 miles from where the Executive is based immediately prior to the Change in Control, except for: # required travel on the Corporation’s business to an extent substantially consistent with the Executive’s business travel obligations in the ordinary course of business immediately prior to the Change in Control; or # if the Executive has been relocated or repatriated by the Corporation prior to the Change in Control, such relocation as may be required by applicable law or performed in accordance with an agreement (whether written or unwritten) entered into between the Corporation (or an Affiliate) and the Executive prior to the Change in Control; or

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