Benefits; Expense Reimbursement. (a) During the Term, Employee shall participate in any group life, accident, sickness and hospitalization insurance, and any other employee benefit plans of the Company in effect during the Term and generally available to the Company’s senior executive officers. Without limiting the generality of the foregoing, during the Term, the Company will provide Employee at its expense with a life insurance policy with a death benefit equal to three (3) times Employee’s Annual Salary, the beneficiary to be named by Employee. Employee shall have the right to reimbursement, upon proper accounting, of reasonable expenses and disbursements incurred by Employee in the course of Employee’s duties hereunder. In addition, during each calendar year of the Term, Employee shall be entitled to no less than five (5) weeks of paid vacation. If Employee is requested by the Company to move to China and agrees to do so, the Company shall thenceforth reimburse Employee for round-trip economy-class air fare for each of Employee, Employee’s spouse and Employee’s dependent children from Beijing to Employee’s home in the United States in connection with such vacation. In addition, for each calendar year of the Term, Employee shall be reimbursed for the tuition costs paid by Employee for Employee’s dependent children, if any, attending primary or secondary schools, provided, however, that such reimbursement shall not exceed ninety thousand dollars ($90,000) per calendar year. During the Term, Employee shall be entitled to the use of a Company-owned automobile or an allowance to reimburse Employee for Employee’s costs associated with the use of a personal automobile. During the Term, Employee shall also be provided an allowance of five thousand dollars ($5,000) per month in connection with Employee’s maintenance of a remote office facility in the United States. Payment or reimbursement of each of the business expenses, air fare (if applicable), tuition, automobile, and remote office facility benefits provided for in this paragraph with respect to any calendar year shall not affect the amount of benefits payable or expenses eligible for reimbursement in any other calendar year, and such benefits and reimbursements may not be exchanged for cash or another benefit. Payment of the remote office facility allowance and reimbursement for any of the expenses referred to in this paragraph shall be made no later than the March 15 of the calendar year following the calendar year in which such expense is incurred.
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Benefits; Expense Reimbursement. (a) During the Term, Employee shall participate in any group life, accident, sickness and hospitalization insurance, and any other employee benefit plans of the Company in effect during the Term and generally available to the Company’s senior executive officers. Without limiting the generality of the foregoing, during the Term, the Company will provide Employee at its expense with a life insurance policy with a death benefit equal to three (3) times Employee’s Annual Salary, the beneficiary to be named by Employee. Employee shall have the right to reimbursement, upon proper accounting, of reasonable expenses and disbursements incurred by Employee in the course of Employee’s duties hereunder. In addition, during each calendar year of the Term, Employee shall be entitled to no less than five (5) weeks of paid home-leave vacation. If Employee is requested by the Company to move to China and agrees to do so, In connection with such home-leave vacation the Company shall thenceforth reimburse Employee for round-trip economy-class air fare for each of Employee, Employee and Employee’s spouse and Employee’s dependent children from Beijing to Employee’s home in the United States in connection with such vacationStates. In addition, for each calendar year of the Term, Employee shall be reimbursed for the tuition costs paid by Employee for Employee’s dependent children, if any, attending primary or secondary schools, provided, however, that such reimbursement shall not exceed ninety thousand dollars ($90,000) per calendar year. During during the Term, Employee shall be entitled to the use of a Company-owned automobile or an allowance to reimburse Employee for Employee’s costs associated with the use of a personal automobile. During the Term, Term Employee shall also be provided an a housing allowance of five thousand dollars ($5,000) per month in connection with Employee’s maintenance of a remote office facility in residence outside the United States. Payment or reimbursement of each of the business expenses, air fare (if applicable), tuitionfare, automobile, and remote office facility housing benefits provided for in this paragraph with respect to any calendar year shall not affect the amount of benefits payable or expenses eligible for reimbursement in any other calendar year, and such benefits and reimbursements may not be exchanged for cash or another benefit. Payment of the remote office facility housing allowance and reimbursement for any of the expenses referred to in this paragraph shall be made no later than the March 15 of the calendar year following the calendar year in which such expense is incurred.
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Benefits; Expense Reimbursement. (a) During the Term, Employee shall participate in any group life, accident, sickness and hospitalization insurance, and any other employee benefit plans of the Company in effect during the Term and generally available to the Company’s senior executive officers. Without limiting the generality of the foregoing, during the Term, the Company will provide Employee at its expense with a life insurance policy with a death benefit equal to three (3) times Employee’s Annual Salary, the beneficiary to be named by Employee. Employee shall have the right to reimbursement, upon proper accounting, of reasonable expenses and disbursements incurred by Employee in the course of Employee’s duties hereunder. In addition, during each calendar year of the Term, Employee shall be entitled to no less than five (5) weeks of paid home-leave vacation. If Employee is requested by the Company to move to China and agrees to do so, In connection with such home-leave vacation the Company shall thenceforth reimburse Employee for round-trip economy-class air fare for each of Employee, Employee’s spouse and Employee’s dependent children from Beijing to Employee’s home in the United States in connection with such vacationStates. In addition, for each calendar year of the Term, Employee shall be reimbursed for the tuition costs paid by Employee for Employee’s dependent children, if any, attending primary or secondary schools, provided, however, that such reimbursement shall not exceed ninety thousand dollars ($90,000) per calendar year. During the Term, Employee shall be entitled to the use of a Company-owned automobile or an allowance to reimburse Employee for Employee’s costs associated with the use of a personal automobile. During the Term, Employee shall also be provided an a housing allowance of five thousand dollars ($5,000) per month in connection with Employee’s maintenance of a remote office facility in residence outside the United States. Payment or reimbursement of each of the business expenses, air fare (if applicable)fare, tuition, automobile, and remote office facility housing benefits provided for in this paragraph with respect to any calendar year shall not affect the amount of benefits payable or expenses eligible for reimbursement in any other calendar year, and such benefits and reimbursements may not be exchanged for cash or another benefit. Payment of the remote office facility housing allowance and reimbursement for any of the expenses referred to in this paragraph shall be made no later than the March 15 of the calendar year following the calendar year in which such expense is incurred.
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Benefits; Expense Reimbursement. (a) During the Term, Employee shall participate in any group life, accident, sickness and hospitalization insurance, and any other employee benefit plans of the Company in effect during the Term and generally available to the Company’s senior executive officers. Without limiting the generality of the foregoing, during the Term, the Company will provide Employee at its expense with a life insurance policy with a death benefit equal to three (3) times Employee’s Annual Salary, the beneficiary to be named by Employee. Employee shall have the right to reimbursement, upon proper accounting, of reasonable expenses and disbursements incurred by Employee in the course of Employee’s duties hereunder. In addition, during each calendar year of the Term, Employee shall be entitled to no less than five (5) weeks of paid home-leave vacation. If Employee is requested by the Company to move to China and agrees to do so, In connection with such home-leave vacation the Company shall thenceforth reimburse Employee for round-trip economy-class air fare for each of Employee, Employee and Employee’s spouse and Employee’s dependent children from Beijing to Employee’s home in the United States in connection with such vacationStates. In addition, for in each calendar year of the Term, Employee shall be reimbursed for the tuition costs paid by Employee for Employee’s dependent children, if any, attending primary or secondary schools, provided, however, that such reimbursement shall not exceed ninety thousand dollars ($90,000) per calendar year. During the Term, Employee shall be entitled to the use of a Company-owned automobile or an allowance to reimburse Employee for Employee’s costs associated with the use of a personal automobile. During the Term, Employee shall also annually be provided an a housing allowance of five thousand dollars ($5,000) per month in connection with Employee’s maintenance of a remote office facility in residence outside the United States. Payment Employee acknowledges that some or reimbursement all of each of these benefits may be deemed compensation to Employee and that the business expenses, air fare (if applicable), tuition, automobile, and remote office facility benefits provided for in this paragraph with respect to Company may withhold from any calendar year shall not affect the amount of benefits payable or expenses eligible for reimbursement in any to Employee all federal, state, local and/or other calendar year, taxes and such benefits and reimbursements may not be exchanged for cash or another benefit. Payment of the remote office facility allowance and reimbursement for any of the expenses referred to in this paragraph amounts as shall be made no later than the March 15 of the calendar year following the calendar year in which such expense is incurredrequired pursuant to law, rule or regulation.
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Benefits; Expense Reimbursement. (a) During the Term, Employee shall participate in any group life, accident, sickness and hospitalization insurance, and any other employee benefit plans of the Company in effect during the Term and generally available to the Company’s senior executive officers. Without limiting the generality of the foregoing, during the Term, the Company will provide Employee at its expense with a life insurance policy with a death benefit equal to three (3) times Employee’s Annual Salary, the beneficiary to be named by Employee. Employee shall have the right to reimbursement, upon proper accounting, of reasonable expenses and disbursements incurred by Employee in the course of Employee’s duties hereunder. In addition, during each calendar year of the Term, Employee shall be entitled to no less than five (5) weeks of paid vacation. If Employee is requested by the Company to move to China and agrees to do so, the Company shall thenceforth reimburse Employee for round-trip economy-class air fare for each of Employee, Employee’s spouse and Employee’s dependent children from Beijing to Employee’s home in the United States in connection with such vacation. In addition, for in each calendar year of the Term, Employee shall be reimbursed for the tuition costs paid by Employee for Employee’s dependent children, if any, attending primary or secondary schools, provided, however, that such reimbursement shall not exceed ninety thousand dollars ($90,000) per calendar year. During the Term, Employee shall be entitled to the use of a Company-owned automobile or an allowance to reimburse Employee for Employee’s costs associated with the use of a personal automobile. During the Term, Employee shall also annually be provided an allowance of five thousand dollars ($5,000) per month in connection with Employee’s maintenance of a remote office facility in the United States. Payment Employee acknowledges that some or reimbursement all of each of these benefits may be deemed compensation to Employee and that the business expenses, air fare (if applicable), tuition, automobile, and remote office facility benefits provided for in this paragraph with respect to Company may withhold from any calendar year shall not affect the amount of benefits payable or expenses eligible for reimbursement in any to Employee all federal, state, local and/or other calendar year, taxes and such benefits and reimbursements may not be exchanged for cash or another benefit. Payment of the remote office facility allowance and reimbursement for any of the expenses referred to in this paragraph amounts as shall be made no later than the March 15 of the calendar year following the calendar year in which such expense is incurredrequired pursuant to law, rule or regulation.
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Benefits; Expense Reimbursement. (a) During the Term, Employee shall participate in any group life, accident, sickness and hospitalization insurance, and any other employee benefit plans of the Company in effect during the Term and generally available to the Company’s senior executive officers. Without limiting the generality of the foregoing, during the Term, the Company will provide Employee at its expense with a life insurance policy with a death benefit equal to three (3) times Employee’s Annual Salary, the beneficiary to be named by Employee. Employee shall have the right to reimbursement, upon proper accounting, of reasonable expenses and disbursements incurred by Employee in the course of Employee’s duties hereunder. In addition, during each calendar year of the Term, Employee shall be entitled to no less than five (5) weeks of paid home-leave vacation. If Employee is requested by the Company to move to China and agrees to do so, In connection with such home-leave vacation the Company shall thenceforth reimburse Employee for round-trip economy-class air fare for each of Employee, Employee’s spouse and Employee’s dependent children from Beijing to Employee’s home in the United States in connection with such vacationStates. In addition, for in each calendar year of the Term, Employee shall be reimbursed for the tuition costs paid by Employee for Employee’s dependent children, if any, attending primary or secondary schools, provided, however, that such reimbursement shall not exceed ninety thousand dollars ($90,000) per calendar year. During the Term, Employee shall be entitled to the use of a Company-owned automobile or an allowance to reimburse Employee for Employee’s costs associated with the use of a personal automobile. During the Term, Employee shall also annually be provided an a housing allowance of five thousand dollars ($5,000) per month in connection with Employee’s maintenance of a remote office facility in residence outside the United States. Payment Employee acknowledges that some or reimbursement all of each of these benefits may be deemed compensation to Employee and that the business expenses, air fare (if applicable), tuition, automobile, and remote office facility benefits provided for in this paragraph with respect to Company may withhold from any calendar year shall not affect the amount of benefits payable or expenses eligible for reimbursement in any to Employee all federal, state, local and/or other calendar year, taxes and such benefits and reimbursements may not be exchanged for cash or another benefit. Payment of the remote office facility allowance and reimbursement for any of the expenses referred to in this paragraph amounts as shall be made no later than the March 15 of the calendar year following the calendar year in which such expense is incurredrequired pursuant to law, rule or regulation.
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