Common use of Monthly Allowances Clause in Contracts

Monthly Allowances. (a) As long as the Executive is an employee of the Company, the Company shall periodically lend to the Executive an aggregate total of Three Hundred Sixteen Thousand Forty-One and 93/100 Dollars ($316,041.93) as a component of the Executive's relocation package. (b) As of the date of this Amendment, the Company has made, and the Executive hereby acknowledges receipt of, advances under Section 5.16(a) hereof in the amount of Two Hundred Eighty-Six Thousand Forty-One and 93/100 Dollars ($286,041.

Monthly Allowances. (a) As long as the Executive is an employee of the Company, the Company shall periodically lend to the Executive an aggregate total of Three Two Hundred Sixteen Fifty-Six Thousand Forty-One and 93/100 Dollars ($316,041.93256,041.93) as a component of the Executive's relocation package. (b) As of the date of this Amendment, the Company has made, and the Executive hereby acknowledges receipt of, advances under Section 5.16(a) hereof in the amount of Two Hundred EightyTwenty-Six Thousand Forty-One and 93/100 Dollars ($286,041226,041.