STANDARD MICROSYSTEMS CORP - FORM 10-K - EX-10.10 - EXHIBIT 10.10 - April 28, 2010

Attached files

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EX-21 - EXHIBIT 21 - STANDARD MICROSYSTEMS CORPex21.htm
EX-10.8 - EXHIBIT 10.8 - STANDARD MICROSYSTEMS CORPex10_8.htm
EX-10.9 - EXHIBIT 10.9 - STANDARD MICROSYSTEMS CORPex10_9.htm
EX-31.2 - EXHIBIT 31.2 - STANDARD MICROSYSTEMS CORPex31_2.htm
EX-23.1 - EXHIBIT 23.1 - STANDARD MICROSYSTEMS CORPex23_1.htm
EX-32.1 - EXHIBIT 32.1 - STANDARD MICROSYSTEMS CORPex32_1.htm
EX-31.1 - EXHIBIT 31.1 - STANDARD MICROSYSTEMS CORPex31_1.htm
EX-10.23 - EXHIBIT 10.23 - STANDARD MICROSYSTEMS CORPex10_23.htm
EX-10.22 - EXHIBIT 10.22 - STANDARD MICROSYSTEMS CORPex10_22.htm
EX-10.12 - EXHIBIT 10.12 - STANDARD MICROSYSTEMS CORPex10_12.htm
EX-10.11 - EXHIBIT 10.11 - STANDARD MICROSYSTEMS CORPex10_11.htm
10-K - STANDARD MICROSYSTEMS CORP 10-K 2-28-2010 - STANDARD MICROSYSTEMS CORPform10k.htm
Exhibit 10.10
 
Summary of Coller Relocation Terms

Term:

 
·
Initially 3 years, renewable in 1 year increments by mutual agreement

Start Up Costs:

 
·
Reimburse for physical exams for family members.
 
·
Reimburse immigration expenses (US PR protection and HK employment visas)
 
·
One month’s salary (gross) for miscellaneous expenses
 
·
Reimburse spouse’s and 2 children’s initial travel cost to assignment (economy), including dog
 
·
Move household goods from PA home to ID home
 
·
Purchase PA home at appraised value
 
·
Reimburse HK home realtor fee
 
·
Reimburse cost of furniture up to US$10,000
 
·
Reimburse cost of income tax consultation

Ongoing Costs:

 
·
Reimburse reasonable housing and utilities costs with a target of US$12,500 per month
 
·
A monthly goods and services differential allowance of US$2,804
 
·
Reimburse primary/secondary schooling costs for daughter and youngest son up to US$20,000 per year each
 
·
Reimburse cost of international medical insurance for Coller, spouse and 2 children
 
·
Reimburse cost of travel for home leave for spouse and 2 children once per year (economy)
 
·
Reimburse cost of travel for oldest son from US to HK 2 times per year (economy)
 
·
Reimburse cost or assume lease on car
 
·
Reimburse cost of annual tax filing preparation
 
·
Gross up and equalize income taxes on all taxable payments and reimbursements, excluding PA home purchase and one month’s salary for miscellaneous expenses
 
·
Reimburse emergency leave or evacuation costs

Repatriation Costs:

 
·
Reimburse spouse’s and 2 children’s travel cost to home (economy), including dog
 
·
Reimburse cost of income tax consultation
 
 

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