Common use of Business Allowance Clause in Contracts

Business Allowance. There shall be established a business expense allowance of $6,000 per year for each twelve-month period of this Agreement (prorated for portions of a year) for such business expenses incurred by the Executive in his sole discretion which are not otherwise authorized under the Company's policies. Executive may incur, and the Company shall pay, such business expenses as designated by the Executive not to exceed in each twelve-month period the annual business expense allowance in the aggregate.

Business Allowance. There shall be established a business expense allowance of $6,000 per year for each twelve-month period of this Agreement (prorated for portions of a year) for such business expenses incurred by the Executive in his sole discretion which are not otherwise authorized under the Company's policies. Executive may incur, and the Company shall pay, such business expenses as designated by the Executive not to exceed in each twelve-twelve- month period the annual business expense allowance in the aggregate.