Common use of Reimbursement for Relocation Clause in Contracts

Reimbursement for Relocation. The Company requires that you relocate to the Miami area. You will be reimbursed for your documented relocation expenses (which will include moving expenses, travel expenses for you and your family, temporary housing for up to three months and customary closing costs (excluding points, concessions and pre-paid expenses such as insurance, taxes, homeowner’s warranties, etc.) for your purchase of a residence in the Miami area, which will be grossed up for taxes. If, within one year from the date of your relocation, your employment with the Company is terminated for Cause or if you voluntarily terminate your employment with the Company other than for Good Reason, you will be required to refund the relocation monies paid by the Company, including the tax gross-up.

Reimbursement for Relocation. The When the Company requires that you relocate to the Miami area. You , you will be reimbursed for your documented relocation expenses (which will include moving expenses, travel expenses for you and your family, temporary housing for up to three months and customary closing costs (excluding points, concessions and pre-paid expenses such as insurance, taxes, homeowner’s warranties, etc.) for your purchase of a residence in the Miami area), which will be grossed up for taxes. If, within one year from the date of your relocation, your employment with the Company is terminated for Cause or if you voluntarily terminate your employment with the Company other than for Good Reason, you will be required to refund all of the relocation monies paid by the Company, including the tax gross-up.