Leased Automobile Sample Clauses
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Leased Automobile the Executive is entitled to elect to purchase the automobile leased by the Corporation, and designated for his use, at the Effective Date for the then current residual option price of the automobile. The Executive will bear all sales and other tax costs and any other costs and taxes which may be associated with any such transfer.
Leased Automobile. The Company shall pay for, or reimburse Executive for the cost of, a leased automobile during the Term, in an amount not to exceed $600 per month. In addition, the Company shall reimburse Executive for insurance, gasoline and reasonable maintenance expenses in connection with such leased automobile.
Leased Automobile. A leased Buick, Oldsmobile, Mercury or comparable automobile of United States manufacture for his business and personal use. The Company shall keep such automobile adequately insured and will pay or reimburse the Executive for the cost of maintenance, repair and gasoline for such automobile.
Leased Automobile. Employee shall be entitled to a Company-provided leased automobile for personal use, the make and model of which shall be comparable to the Company-provided leased automobile in Employee's possession on the Effective Date of this Agreement. In the event that Employee has no Company-provided leased automobile on the Effective Date, Employee shall be entitled to a Company-provided leased automobile for personal use, the make and model of which shall be mutually agreed upon by the Company and the Employee. Throughout the Initial Term and Renewal Terms, if any, all expenses for routine maintenance, repair and insurance, the Employee's rights and obligations regarding replacement leased automobiles and the tax treatment of the automobile as a fringe benefit to Employee shall be governed by the Company's standard practices, policies and procedures in effect from time to time.
Leased Automobile. During the Employment Period, Executive shall be entitled to a Company-provided leased automobile for personal use, the make and model of which be comparable to the Company-provided leased automobile in Executive’s possession on the Agreement Date. Throughout the Employment Period, all expenses for routine maintenance, repair and insurance, Executive’s rights and obligations regarding replacement leased automobiles and the tax treatment of the automobile as a fringe benefit to Executive shall be governed by the Company’s standard practices, policies and procedures in effect from time to time.
Leased Automobile. You shall be entitled to a company-provided leased automobile for personal use, the make and model of which shall be comparable to the company-provided leased automobile in your possession on the effective date of this agreement. All expenses for routine maintenance, repair and insurance, your rights and obligations regarding replacement leased automobiles and the tax treatment of the automobile as a fringe benefit to you shall be governed by the Company’s standard practices, policies and procedures in effect from time to time.
Leased Automobile. Commencing on the Date of Termination, ▇▇▇▇▇▇▇▇ shall have use of a leased Mercedes 500 SEL, the lease of which expires October 20, 1996. Such lease cost is $1575.01 per month. At the expiration of such lease, ▇▇▇▇▇▇▇▇ shall have the option to purchase this vehicle for the value established in the lease document.
Leased Automobile. You may continue to use the automobile currently leased by American Airlines for you through December 31, 1998. You have notified Executive Compensation that you do not wish American to purchase the automobile and transfer title to you upon your retirement. Club Memberships You may continue to use the company-provided club membership at University Club through December 31, 1998. Thereafter, your club membership will revert to the Company. The Company will continue to pay monthly dues on your behalf for your personal club membership with the Northwood Club through December 31, 2005. You may continue to use the company-provided club membership at La Cima Club through December 31, 2005. Upon retirement AMR will provide you and Jan ▇▇▇h lifetime Admirals Club memberships.
Leased Automobile. In the event that Blauwiekel elects to purchase his vehicle which is currently-leased from Donlen Corporation, Company shall pay by check to Blauwiekel an amount equivalent to one-third (1/3) of either the fair market value or the book value (whichever is less), as of the Effective Date, of said vehicle.
Leased Automobile. The Company shall provide the Executive with (i) the use of a leased car with a monthly leasing cost to the Company not to exceed $1,131 per month and (ii) reimbursement for other expenses associated with the use of such leased car, in either case, in accordance with the Company’s automobile policy as from time to time in effect.