Business and Other Expenses. During the Employment Term, reasonable business expenses incurred by Executive in the performance of Executive’s duties hereunder shall be reimbursed by the Company in accordance with Company policies.
Business and Other Expenses. During the Employment Term, reasonable business expenses incurred by Executive in the performance of Executive’s duties hereunder shall be reimbursed by the Company in accordance with Company policies; provided, however, (i) Company shall pay the expenses not later than the end of the calendar year following the calendar year in which the expenses are incurred, (ii) the amount of such expenses that Company is obligated to pay in any given calendar year shall not affect the expenses that Company is obligated to pay in any other calendar year, and (iii) Executive’s right to have Company pay such expenses may not be liquidated or exchanged for any other benefit.
Business and Other Expenses. PSID will reimburse Executive for all reasonable travel, entertainment and other expenses incurred by Executive in connection with the performance of his duties and obligations under this Agreement. Executive will comply with all reasonable reporting requirements with respect to business expenses as may be established by PSID from time to time. In addition, PSID shall pay to Executive TWENTY-FIVE THOUSAND ($25,000.00) DOLLARS per year during the Term, payable in TWELVE THOUSAND FIVE HUNDRED ($12,500.00) DOLLAR installments on or before January 15 and July 15, representing non-allocable expenses that shall be deemed additional compensation to Executive.
Business and Other Expenses. VeriChip will reimburse Executive for all reasonable travel, entertainment and other expenses incurred by Executive in connection with the performance of his duties and obligations under this Agreement. Executive will comply with all reasonable reporting requirements with respect to business expenses as may be established by VeriChip from time to time. In addition, VeriChip shall pay to Executive FORTY-FIVE THOUSAND ($45,000.00) DOLLARS per year during the Term, payable in TWENTY-TWO THOUSAND FIVE HUNDRED ($22,500.00) DOLLAR installments on or before January 15 and July 15, representing non-allocable expenses that shall be deemed additional compensation to Executive.
Business and Other Expenses. Subject to Executive’s compliance with all applicable expense policies and procedures, Company will reimburse Executive for all reasonable travel, lodging, long distance telephone, and other business costs and expenses reasonably incurred by Executive to render Services pursuant to this Agreement. In addition, Executive shall be entitled to receive those certain reimbursements and benefits to the extent set forth on Annex A, which Company and Executive shall update annually. Notwithstanding the preceding sentences, or any provision in the applicable expense reimbursement policy or procedure to the contrary, if an expense reimbursement would constitute taxable income to Executive: (a) the amount of expenses eligible for reimbursement during any calendar year shall not affect the amount of expenses eligible for reimbursement in any other calendar year; (b) the reimbursement by Company of an eligible expense shall be made on or before December 31 of the calendar year following the calendar year in which the expense is incurred; and (c) the right to reimbursement for expenses shall not be subject to liquidation or exchange for another benefit.
Business and Other Expenses. During the Employment Term, the Company shall reimburse the Executive for reasonable business expenses incurred by him in the performance of his duties hereunder in accordance with the policy established by the Compensation Committee. Accordingly, the Company shall reimburse the Executive's expenses associated with business travel in accordance with such policy.
Business and Other Expenses. The Company shall reimburse Xxxxxxxx for reasonable business expenses (including first-class commercial air travel, as appropriate) in accordance with the Company’s business expense policy. The Company shall also pay directly the legal expenses that Xxxxxxxx incurs in connection with the negotiation and preparation of this Agreement, up to a maximum of $15,000.
Business and Other Expenses. PSID will reimburse Executive for all reasonable travel, entertainment and other expenses incurred by Executive in connection with the performance of his duties and obligations under this Agreement. Executive will comply with all reasonable reporting requirements with respect to business expenses as may be established by PSID from time to time.
Business and Other Expenses. The Employer shall reimburse the Employee for all necessary and reasonable travel and other business expenses incurred by the Employee in the performance of his duties hereunder in accordance with such policies and procedures as the Employer may adopt generally from time to time for executives, including the Employee’s reasonable, pre-approved expenses to review this Agreement prior to executing it.
Business and Other Expenses. The following sentence shall be deleted from Section 6 of the Agreement: “In addition, PSID shall pay to Executive FORTY-FIVE THOUSAND ($45,000.00) DOLLARS per year during the Term, payable in TWENTY-TWO THOUSAND FIVE HUNDRED ($22,500.00) DOLLAR installments on or before January 15 and July 15, representing non-allocable expenses that shall be deemed additional compensation to Executive.”
