Relocation Payments Clause Samples

Relocation Payments. We hereby memorialize our prior agreement to pay you the unpaid balance of a relocation bonus of $450,000 in support of your relocation from Stamford, Connecticut to Dallas, Texas in 2002, which relocation bonus was originally payable in 36 monthly payments of $12,500 per month in the first pay cycle of each month and which monthly payments commenced on September 3, 2002. Except as otherwise provided in Sections 4(a), 4(b)(iv), 4(c)(v), 5(a), 5(b)(iv) and 5(c)(v), our obligation to make these monthly payments to you, or a lump sum payment to you in satisfaction thereof, will cease at such time as you are no longer employed by us for any reason. Such monthly relocation bonus payments are referred to herein as the "Relocation Payments."

Relocation Payments. LESSEE understands and agrees that it shall not be entitled to any relocation payment/benefits whatsoever upon termination or expiration of this Lease.

Relocation Payments. Employee’s employment hereunder requires that he relocate his principal residence to Charlotte. To compensate Employee for the costs associated with such relocation, Duke Energy will reimburse the Employee for the following: (i) closing costs on the sale of his current Australian residence, and closing costs on the purchase of a residence in the Charlotte area, with respect to transactions occurring not later than December 31, 2004; (ii) the reasonable costs of temporary housing in Charlotte from the date of his arrival in Charlotte through the earlier of (i) his occupancy of a principal residence in the Charlotte area, and (ii) June 30, 2004; and (iii) any loss (taking into account closing costs) on the sale of his Charlotte-area principal residence occurring in connection with or following the termination of his employment with Duke Energy. The costs payable pursuant to the foregoing will be determined with reference to Duke Energy’s relocation program 1. Duke Energy will also make tax gross-up payments to Employee with respect to the foregoing, consistent with such relocation program. In addition, Employee’s relocation to North Carolina may result in income from the following sources becoming subject to North Carolina income taxes; (iv) payments from the PanEnergy Corp Key Executive Deferred Compensation Plan; (v) BHP Billiton LTD pension plan; (vi) Quarterly consulting fees payable through 2004; and (vii) gain on sale of currently held shares of BHP Billiton LTD common shares traded on the Australian stock exchange. To the extent that the Employee must pay North Carolina income taxes as a result of such income realized by him during his employment hereunder. Duke Energy will promptly reimburse the Employee for such North Carolina income tax payments (net of the benefit of the deduction, for federal tax purposes, for the payment of such North Carolina taxes) and also make a tax gross-up payment so as to hold him harmless from any federal or state taxes with respect to such reimbursement.

Relocation Payments. 1. Unless otherwise specified in this Treaty, pensions and benefits referred to in Article 2 of this Treaty, granted by Contracting Parties shall not be subject to reduction, suspension or cancellation due to the residence of the insured person in the territory of the other Contracting Party. 2. When an insured person that was granted a pension relocates from the territory of one Party of the Treaty to the territory of the other Party of the Treaty for residence the pension shall continue to be paid in the same amount by the Party of the Treaty that granted the pension. 3. In respect of the Russian Federation, the provisions of paragraphs I and 2 of this Article shall not apply to the payments of pensions, benefits, and other supplemental payments which entitlement and amount of in accordance to the legislation of the Russian Federation are conditional upon residence of the insured persons within its territory, as well as to social (federal or regional) pension supplement. Social pension in the Russian Federation shall be paid in accordance with the legislation of the Russian Federation.

Relocation Payments. The Executive will be reimbursed for up to $30,000 for out-of-pocket expenses incurred by the Executive in connection with one-time moving and transportation cost associated with the relocation of the Executive’s family and household goods to the Branford metropolitan area, provided such relocation is effected within 12 months of the Commencement Date and provided that the Executive is an employee of the Company at the time the relocation payments are incurred by the Executive. In addition, the Company will pay The Humboldt Companies, an agent of United Van Lines, directly for the Executive’s moving expenses.

Relocation Payments. New ‘West End Relocation Rate’ to replace previous relocation payments that were allied to Sub-Rep or Commercial Theatre Agreements. Not due if: the Artist has within 6 weeks of the Contract commencing been eligible for West End Relocation on another engagement; if the Artist has already received West End Relocation Payments on another engagement conditional on the 2.9.2 & 2.

Relocation Payments. (a) In the event that State terminates this Lease pursuant to it terms, ▇▇▇▇▇▇ acknowledges and agrees that it has no claim against the State for Relocation Payments, Relocation Advisory Assistance, or costs pursuant to the Government Code sections 7260 et seq., or any regulations implementing or interpreting such sections. ▇▇▇▇▇▇ further agrees that it has no claim in either law or equity against the State for damages or other relief should the Lease be terminated, and waives any such claims it may have. (b) the event subleasing, under the terms of this Lease, is permitted, LESSEE shall incorporate this Paragraph into the sublease. Failure to do so may obligate LESSEE for damages and costs resulting from claims for relocation payments by sublessee.

Relocation Payments. The Employee’s employment hereunder requires that he relocate his principal residence to the Charlotte, North Carolina metropolitan area. To compensate the Employee for the costs associated with such relocation, Duke Energy will reimburse the Employee for direct and indirect costs incurred on account of such relocation in accordance with Duke Energy’s relocation policies and procedures; provided that the Employee shall not be eligible to receive a tax gross-up payment or indemnification if any such reimbursement for relocation costs constitutes taxable income to the Employee; provided, further, that relocation services shall be available to the Employee for up to two years immediately following the Effective Date.

Relocation Payments. Employee’s position shall be based in Toledo, Ohio. In order to defray the cost of Employee’s move to Ohio, Employer shall make the following payments to Employee: