Common use of Authorized Expenses Clause in Contracts

Authorized Expenses. The Executive is authorized to incur reasonable expenses for 2 the promotion of the business of the Corporation. The Corporation will reimburse the Executive for all such reasonable expenses upon the presentation by the Executive, from time to time, of an itemized account of such expenditures. The Executive shall be entitled to such additional and other fringe benefits as the Board of Directors shall from time to time authorize, including but not limited to: A) health insurance coverage for the Executive, his wife and minor children; B) a monthly automotive allowance of $450, whereby the Executive is to provide an automobile to be utilized for his own company needs. All maintenance, insurance etc. (excluding fuel) will be the responsibility and expense of the Executive; C) the cost of all continuing professional education related courses required to maintain CPA certification.

Authorized Expenses. The Executive is authorized to incur reasonable expenses for 2 the promotion of the business of the Corporation. The Corporation will reimburse the Executive for all such reasonable reason able expenses upon the presentation by the Executive, from time to time, of an itemized account of such expenditures. The Executive shall be entitled to such additional and other fringe benefits as the Board of Directors shall from time to time authorize, including but not limited to: A) health insurance coverage for the Executive, his wife and minor children; B) a monthly automotive allowance of $450, whereby the Executive is to provide an automobile to be utilized for his own company needs. All maintenance, insurance etc. (excluding fuel) will be the responsibility and expense of the Executive; C) the cost of all continuing professional education related courses required to maintain CPA certification.

Authorized Expenses. The Executive is authorized to incur reasonable expenses for 2 the promotion of the business of the Corporation. The Corporation will reimburse the Executive for all such reasonable expenses upon the presentation by the Executive, from time to time, of an itemized account of such expenditures. The Executive shall be entitled to such additional and other fringe benefits as the Board of Directors shall from time to time authorize, including but not limited to: A) health insurance coverage for the Executive, his wife and minor children; B) a monthly automotive allowance of $450, whereby the Executive is to provide an automobile to be utilized for his own company needs. All maintenance, insurance etc. (excluding fuel) will be the responsibility and expense of the Executive; C) the cost of all continuing professional education related courses required to maintain CPA certification.

Authorized Expenses. The Executive is authorized to incur reasonable expenses for 2 the promotion of the business of the Corporation. The Corporation will reimburse the Executive for all such reasonable expenses upon the presentation by the Executive, from time to time, of an itemized account of such expenditures. The Executive shall be entitled to such additional and other fringe benefits as the Board of Directors shall from time to time authorize, including but not limited to: A) health insurance coverage for the Executive, his wife and minor children; B) a monthly automotive allowance of $450, whereby the Executive is to provide an automobile to be utilized for his own company needs. All maintenance, insurance etc. (excluding fuel) will be the responsibility and expense of the Executive; C) the cost of all continuing professional education related courses required to maintain CPA certification.