CCO » Topics » Coverage

This excerpt taken from the CCO 8-K filed Jan 5, 2010.

Coverage

Clear Channel will authorize:

 

   

Packing, crating and transportation charges. Unpacking is not authorized except for box springs, mattresses, and crated/uncrated items.

 

   

MMI will arrange a trash pickup for the packing materials and boxes after unpacking is completed.

 

   

One additional pickup at origin - such as a mini storage.

 

   

One additional delivery to temporary residence while goods are in storage.

 

   

The company will pay for up to thirty (30) days of storage and will move the goods in and out of the storage site.

 

   

The company provides up to $75,000.00 full replacement value of insurance for each household goods shipment, subject to some exclusions. The actual amount of coverage will be determined by multiplying $5.00 times the weight of your shipment. The specific terms of coverage and arrangements for additional valuation will be provided through the MMI contact.

 

   

All claims must be filed within 90 days.

 

   

The company will pay for the shipment of one (1) automobile by car carrier, if it is owned by the employee or a member of the immediate family and is transported at least 350 miles.

 

   

Reasonable and normal expenses for transportation and lodging for the employee and their family from the old location to the new location (excluding meals)

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