Common use of OFFICE ALLOWANCE Clause in Contracts

OFFICE ALLOWANCE. The Company will pay the Employee a one-time office allowance in the amount of $25,000 to maintain an office, payable in a lump sum within fifteen (15) days after the Effective Date.

Appears in 2 contracts

Sources: Severance Agreement (Mentor Corp /Mn/), Severance Agreement (Mentor Corp /Mn/)