Common use of Principal Work Location Clause in Contracts

Principal Work Location. During the Term, Executive’s “Principal Work Location” will be defined as the Company’s Corporate Office Headquarters located in the City of Industry, California. Executive will be allowed to work remotely from Executive’s primary residence or in other locations as agreed to by the Chief Executive Officer of the Company (the “CEO”); provided, that Executive will be expected to be present in the Corporate Office Headquarters as requested by the CEO or the Board to meet business needs, but in no event, less than one time per month. Executive hereby acknowledges and agrees that such remote work is available based upon business needs and conditions and is not guaranteed. If the Company’s Corporate Office Headquarters is moved outside of the Los Angeles, California area and relocation of Executive is required, Executive shall be eligible to receive the Company’s standard relocation benefits package in accordance with the terms and conditions thereof. Promptly following Executive’s presentation to the Company of reasonable supporting documentation therefor, the Company shall also reimburse Executive for the reasonably incurred out-of-pocket costs in connection with moving Executive’s household from Executive’s current principal residence to the location of the Company’s new Corporate Office Headquarters.