Additional Perquisites. (a) The Company will reimburse Executive for all reasonable expenses properly incurred by Executive in the performance of Executive’s duties hereunder in accordance with policies established from time to time by the Board for employees who have either an Employment Agreement or a Change of Control Agreement with the Company (“Senior Executives”).
Additional Perquisites. During the Executive's employment hereunder, the Company shall provide the Executive with (i) term life insurance in an amount equal to two times Base Salary; (ii) payment for initiation fees at a country club; (iii) the right to participate in any 401(k) plan which the Company may establish and (iv) long-term disability coverage providing a monthly benefit of $12,500.
Additional Perquisites. In addition to the compensation and benefits described above in this Section 3, during the Employment Period, the Company shall (i) pay to Executive an automobile allowance of $450 per month and, (ii) pay or reimburse Executive for actual, properly substantiated expenses incurred by Executive in connection with (A) an annual physical examination, not to exceed $1,500 per calendar year; and (B) tax preparation and financial planning services, not to exceed $2,500 per calendar year.
Additional Perquisites. During the Employment Term, the Company shall, to the extent reasonable and customary and consistent with the Company’s past practice, reimburse the executive for (i) an annual physical inspection by a physician reasonably acceptable to the Company, (ii) a life insurance policy for the Executive with a coverage amount of at least $300,000 and (iii) airline club cards.
Additional Perquisites. During the Executive's employment hereunder, the Company shall provide the Executive with (i) term life insurance in an amount equal to two (2) times Base Salary; (ii) payment for initiation fees at a social, dining, athletic or country club that the CEO has approved for use by Executive for priority business entertainment purposes; (iii) the right to participate in the 401(k) plan; (iv) long-term disability coverage providing a monthly benefit of Twelve Thousand Five Hundred Dollars ($12,500); and (v) a one-thousand dollar ($1,000) annual allowance for tax return preparation expenses. Executive shall provide documentation of expenses under item (v) as requested by Company.
Additional Perquisites. Contact Gold shall provide such additional perquisites as may be set out in Schedule "A" (the "Additional Perquisites").
Additional Perquisites. During the term of this Agreement, Company ---------------------- shall provide Executive with:
Additional Perquisites. Employee shall be entitled to an allowance of up to $1,000 per month as an automobile allowance for the purchase or lease of an automobile during the Term. The actual amount of the allowance shall be based on the actual lease and maintenance costs.
Additional Perquisites. During Executive's employment hereunder, and with respect to clauses (i) and (iv) subject only to Executive's insurability at a reasonable cost to the Company, the Company shall provide Executive with (i) term life insurance in an amount equal to four (4) times Base Salary; (ii) payment for initiation fees at a social, dining, athletic or country club that the Board has approved for use by Executive for priority business entertainment purposes; (iii) the right to participate in the 401(k) plan; (iv) long-term disability coverage providing a monthly benefit of Twenty-Two Thousand Five Hundred Dollars ($22,500); (v) a one-thousand dollar ($1,000) annual allowance for tax return preparation expenses; (vi) a one-time one-thousand dollar ($1,000) allowance for legal fees incurred in reviewing this Agreement; and (vii) a two year renewable automobile lease. Executive shall provide documentation of expenses under items (v) and (vi) as requested by Company. With respect to the benefits set forth in clauses (i) and (iv), to the extent that any insurance company shall require Executive to have physical examinations or submit health information in order for the Company to procure or maintain coverage for Executive, Executive shall comply or the Company shall be relieved of its obligation to provide such benefits.
Additional Perquisites. During the term of this Agreement, Company shall provide Executive with not less than three (3) weeks paid vacation during each calendar year.
