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Clear Channel Outdoor Holdings (CCO)
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CCO » Topics » Home Sale Assistance

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

Home Sale Assistance

Clear Channel is willing to partially offset the necessary expenses involved in the sale of the employee’s current home. These costs can vary greatly. The employee is expected to exercise good business judgment in the sale of the home. Do not accept charges or conditions that lead to excessive costs. If there is any doubt, the MMI Contact should be consulted.

The employee will be reimbursed for all reasonable selling expenses that are normally the responsibility of a home seller. Clear Channel does not cover any of the buyer’s closing costs. Any problems of interpretation should be discussed with the MMI Contact before a binding agreement is signed.

The employee will be reimbursed the following items for the sale of the current home:

 

  •  

Real Estate Broker’s fees

 

  •  

Inspection fees (termite or structural) if required

 

            Initials:      
            Company:                                   
            Employee:                                   

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