Common use of Attorney Expenses Clause in Contracts

Attorney Expenses. The Company shall pay or reimburse the Executive for his pro-rata portion of legal fees and expenses incurred by Xxxxxx Xxxxxxxxxx, Xxx Xxxxxxxx, Xxxxxx Xxxxxxx and Xxxxxxx Xxxxx as a group, in connection with the negotiation, preparation and execution of this Agreement and advice received in respect of executive compensation matters relating to the Business Combination, not to exceed $25,000 in the aggregate for all such legal fees incurred by such group. The Company shall pay (or shall cause to be paid) such legal fees and expenses within 30 days after the Company’s receipt of applicable invoices and such invoices shall be provided to the Company within 45 days after the Effective Date.

Appears in 4 contracts

Samples: Employment Agreement (Virgin Galactic Holdings, Inc), Employment Agreement (Virgin Galactic Holdings, Inc), Employment Agreement (Virgin Galactic Holdings, Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!