Relocation Contract Clauses (130)

Relocation. You will also receive a one-time payment of $100,000 for relocation expenses on the first payroll after the Start Date, less all applicable taxes and withholdings. If you resign from the Company voluntarily for any reason or are terminated by the Company for Cause (as defined under the Company's Executive Severance and Change in Control Plan) on or prior to the first anniversary of the Start Date, you will be responsible to repay to the Company 100% of the relocation one-time payment ($100,000) ...less applicable taxes. We will provide temporary corporate housing through December 2019, prior to your actual move to the greater Boston area in order to facilitate your relocation. Expenses for travel from and to your present residence in New Jersey to the greater Boston area will be reimbursed or provided - 2 - during the time period of temporary corporate housing. Any taxes that may be associated with travel, hotel, and temporary housing benefit will be paid on your behalf by the Company. Any amounts owed by you to the Company under this Section 5 as a result of you ceasing to be an employee of the Company shall be repaid within 60 days of the date you cease to be an employee of the Company, and the Company shall have the right to offset such amounts against any amounts it owes you under this letter, the Company's Executive Severance and Change in Control Plan or otherwise. View More

Relocation. Landlord, at its sole expense, on at least 120 days' prior written notice to Tenant, may require Tenant to move from the Premises to another suite of substantially comparable size and decor in the Building or in the Complex. In the event of any such relocation, Landlord shall pay all the expenses: (a) of preparing and decorating the new premises so that they will be substantially similar to the Premises; (b) of moving Tenant's furniture and equipment to the new premises (including Tenant's data ...and communication wiring and cabling); and (c) that Tenant actually and reasonably incurs out-of-pocket (and which Tenant can document with written records) in connection with Tenant notifying its clients of such relocation, obtaining new letterhead and business cards, and other incidental expenses related directly to Tenant's relocation. Tenant shall execute any reasonable amendment evidencing the terms of the relocation as Landlord may require in its reasonable discretion. Upon the effective date of the relocation: (i) the description of the Premises set forth in this Lease shall, without further act on the part of Landlord or Tenant, be deemed amended so that the new premises shall, for all purposes, be deemed the Premises hereunder, and all of the terms, covenants, conditions, provisions, and agreements of this Lease, including those agreements to pay Rent (at the same rate per rentable square foot), shall continue in full force and effect and shall apply to the new premises; and (ii) Tenant shall move into the new premises. Notwithstanding anything to the contrary, Tenant shall have the right to terminate the Lease by written notice to Landlord not more than ten (10) days after Tenant's receipt of Landlord's relocation notice and, in such event, the Lease shall terminate on the date that is sixty (60) days after Landlord's receipt of Tenant's termination notice unless Landlord revokes its relocation notice within ten (10) days from receipt of Tenant's termination notice. View More

Relocation. In connection with Executive's employment with the Company, during which he will be expected to work in the Company's Boston area offices unless he is traveling on Company business, Executive shall be required to establish a residence in the Boston area. To assist in the relocation, Executive will be eligible to participate in the Company's relocation program, consisting of (i) guaranteed home buyout program based on current appraised value of Executive's principal residence; (ii) reimbursement ...for the reasonable cost of selling Executive's current residence and buying a new residence; (iii) two house hunting trips for Executive and his spouse; (iv) temporary housing for up to four months; (v) insuring, packing, storing, loading, shipping and/or trucking and moving all of the goods from Executive's home in Minnesota, to Executive's new home in the Boston area; and (vi) payment of an amount equal to one (1) month's Base Salary for incidental expenses. To the extent applicable, the imputed income for items (i) through (v) above will be grossed up for tax purposes. The total amount of any loss incurred by Analogic in connection with item (i) above, any amounts reimbursed pursuant to items (ii) through (vi) above, and the amount of any tax gross up, will not exceed $250,000 in the aggregate. If Executive resigns his employment within one (1) year from the Start Date (other than for Good Reason in connection with a Change in Control Event as provided in Section 8), Executive will be required to repay a pro-rated portion all relocation benefits received under the Company's relocation program (including the allocable portion any tax gross up paid with respect to such amount) (the "Relocation Benefits"), calculated as the (i) the Relocation Benefits minus an amount equal to (ii) the Relocation Benefits multiplied by a fraction, the numerator of which is the number of days that Executive was employed in the one (1) year period following the Start Date, and the denominator of which is 365. View More

Relocation. Landlord reserves the right to relocate the Premises to reasonably comparable space within the Project. Landlord will give Tenant written notice of its intention to relocate the Premises, and Tenant will complete such relocation within sixty (60) days after receipt of such notice. Upon relocation, this Lease will be amended by deleting the description of the original Premises and substituting for it a description of such new space. In connection with such relocation, Landlord agrees to reimburse... Tenant for its actual reasonable moving costs within the Project, the reasonable costs of reprinting reasonable quantities of stationery on hand with Tenant at the time of Landlord's delivery of the relocation notice, and the costs of rewiring for telephone and computers comparable to the original Premises. Tenant's failure to timely vacate the Premises and relocate to the designated relocation space shall constitute a Default under this Lease. View More

Relocation. Landlord, at its expense, at any time before or during the Term, may relocate Tenant from the Premises to space of reasonably comparable size and utility ("Relocation Space") within the Building or other buildings within the same project upon 60 days' prior written notice to Tenant. The Relocation Space must contain similar finishes as the Premises, and approximately the same Rentable Square Footage as the Premises and the same number of work stations, offices, breakrooms and reception areas as ...are contained in the Premises as of the date Tenant receives Landlord's notice of relocation. From and after the date of the relocation, the Base Rent and Tenant's Pro Rata Share shall be adjusted based on the rentable square footage of the Relocation Space, provided that the total monthly Base Rent for the Relocation Space shall in no event exceed the total monthly Base Rent for the Premises prior to the relocation. Landlord shall pay Tenant's reasonable costs of relocation, including all costs for moving Tenant's furniture, equipment, supplies and other personal property, as well as the cost of printing and distributing change of address notices to Tenant's customers and one month's supply of stationery showing the new address. View More