Benefits and Indemnification. Trepeta shall be entitled to the following during and in respect of the term of this Agreement: (a) Company shall provide Trepeta with hospitalization, medical and dental insurance coverage and 401(k) benefits as is customary for other senior officers of the Company. (b) Trepeta shall be entitled to five weeks paid vacation to be taken at times mutually and reasonably agreed upon by Trepeta and Company in addition to all other holidays established as part of Company's standard practices. (c) Trepeta shall each be entitled to reimbursement for all reasonable travel, reasonable entertainment and other reasonable expenses incurred in connection with Company's business, provided that such expenses are adequately documented and vouchered in accordance with Company's policies. (d) The Company shall provide to Trepeta to the full extent provided for under the laws of the Company's state of incorporation and the Company's Certificate of Incorporation and Bylaws, indemnification for any claim or lawsuit which may be asserted against Trepeta when acting in such capacity for the Company and/or any subsidiary or affiliated business. The Company shall use reasonable best efforts to include Trepeta as an insured under all applicable directors' and officers' liability insurance policies maintained by the Company, and any other subsidiary or affiliated business. (e) The Company shall provide Trepeta with the use of a Company leased or owned automobile with all expenses paid for by the Company.
Appears in 1 contract
Samples: Employment Agreement (Ace Marketing & Promotions Inc)
Benefits and Indemnification. Trepeta Buther shall be entitled to the following during and in respect of the term of this Agreement:
(a) Company shall provide Trepeta Buther with hospitalization, medical and dental insurance coverage and 401(k) benefits as is customary for other senior officers Most Senior Officers of the Company.
(b) Trepeta Buther shall be entitled to five 3 weeks paid vacation to be taken at times mutually and reasonably agreed upon by Trepeta Buther and Company in addition to all other holidays established as part of Company's standard practicespractice.
(c) Trepeta Buther shall each be entitled to reimbursement for all reasonable travel, reasonable entertainment and other reasonable expenses incurred in connection with Company's business, provided that such expenses are adequately documented and vouchered in accordance with Company's policies.
(d) The Company shall provide to Trepeta Buther to the full extent provided for under the laws of the Company's state of incorporation and the Company's Certificate of Incorporation and Bylaws, indemnification for any claim or lawsuit which may be asserted against Trepeta Buther when acting in such capacity for the Company and/or any subsidiary or affiliated business. The Company shall use reasonable best efforts to include Trepeta Buther as an insured under all applicable directors' and officers' liability insurance policies maintained by the Company, and any other subsidiary or affiliated business.
(e) The Company shall provide Trepeta with the use of a Company leased or owned automobile with all expenses paid for by the Company.
Appears in 1 contract
Benefits and Indemnification. Trepeta Xxxxx shall be entitled to the following during and in respect of the term of this Agreement:
(a) As a signing bonus, Company shall xxxxx Xxxxx, Twenty-Five Million (25,000,000) Shares of common share or stock options, at the election of Xxxxx.
(b) Company shall provide Trepeta Xxxxx with hospitalization, medical and dental insurance coverage and 401(k) benefits as is customary for other senior officers of the Company.
(bc) Trepeta Xxxxx shall be entitled to five six weeks paid vacation to be taken at times mutually and reasonably agreed upon by Trepeta Xxxxx and Company in addition to all other holidays established as part of Company's standard practices. Unused vacation time can carry forward to the next year or be exchanged for cash.
(cd) Trepeta Xxxxx shall each be entitled to reimbursement for all reasonable travel, reasonable entertainment and other reasonable expenses incurred in connection with Company's business, provided that such expenses are adequately documented and vouchered in accordance with Company's policies.
(de) The Company shall provide to Trepeta Xxxxx to the full extent provided for under the laws of the Company's state of incorporation and the Company's Certificate of Incorporation and Bylaws, indemnification for any claim or lawsuit which may be asserted against Trepeta Xxxxx when acting in such capacity for the Company and/or any subsidiary or affiliated business. The Company shall use reasonable best efforts to include Trepeta Xxxxx as an insured under all applicable directors' and officers' liability insurance policies maintained by the Company, and any other subsidiary or affiliated business.
(ef) The Company shall provide Trepeta Xxxxx with the use of a Company leased or owned automobile with all expenses paid for by the Company.
Appears in 1 contract
Samples: Employment Agreement (Mobiquity Technologies, Inc.)
Benefits and Indemnification. Trepeta Xxxxx shall be entitled to the following during and in respect of the term of this Agreement:
(a) Company shall provide Trepeta Xxxxx with hospitalization, medical and dental insurance coverage and 401(k) benefits as is customary for other senior officers of the Company.
(b) Trepeta Xxxxx shall be entitled to five weeks paid vacation to be taken at times mutually and reasonably agreed upon by Trepeta Xxxxx and Company in addition to all other holidays established as part of Company's standard practices.
(c) Trepeta Xxxxx shall each be entitled to reimbursement for all reasonable travel, reasonable entertainment and other reasonable expenses incurred in connection with Company's business, provided that such expenses are adequately documented and vouchered in accordance with Company's policies.
(d) The Company shall provide to Trepeta Xxxxx to the full extent provided for under the laws of the Company's state of incorporation and the Company's Certificate of Incorporation and Bylaws, indemnification for any claim or lawsuit which may be asserted against Trepeta Xxxxx when acting in such capacity for the Company and/or any subsidiary or affiliated business. The Company shall use reasonable best efforts to include Trepeta Xxxxx as an insured under all applicable directors' and officers' liability insurance policies maintained by the Company, and any other subsidiary or affiliated business.
(e) The Company shall provide Trepeta Xxxxx with the use of a Company leased or owned automobile with all expenses paid for by the Company.
Appears in 1 contract
Samples: Employment Agreement (Ace Marketing & Promotions Inc)