Common use of Business Expenses and Perquisites Clause in Contracts

Business Expenses and Perquisites. During Executive’s employment, Charter will promptly reimburse Executive (or pay directly to the supplier of services) for all reasonable and necessary out-of-pocket expenses actually incurred by Executive in connection with the performance of Executive's duties hereunder, (including without limitation, appropriate business entertainment activities, expenses incurred by Executive in attending approved conventions, seminars, and other business meetings, and promotional activities); in each case subject to Executive's furnishing Charter with evidence reasonably satisfactory to Charter (such as receipts) substantiating the claimed expenditures (such expenses being commensurate with the office and position of Executive and within budgetary limitations), subject to compliance with the terms of any expense reimbursement policy from time to time in effect (including with respect to pre-approvals), and subject to Executive providing Charter with such other information and documentation as may be necessary or required by Charter to deduct such expenses for purposes of the United States Internal Revenue Code of 1986, as amended (the "Code"). All such payments will be made no later than two and one-half months after the end of the calendar year in which Executive became entitled to receive such payment.

Appears in 3 contracts

Samples: Employment Agreement (Charter Communications Inc /Mo/), Employment Agreement (Charter Communications Inc /Mo/), Employment Agreement (Charter Communications Inc /Mo/)

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Business Expenses and Perquisites. During Executive’s employment, Charter will promptly reimburse Executive (or pay directly to the supplier of services) for all reasonable and necessary out-of-pocket expenses actually incurred by Executive in connection with the performance of Executive's duties hereunder, (including without limitation, appropriate business entertainment activities, expenses incurred by Executive in attending approved conventions, seminars, and other business meetings, and promotional activities); in each case subject to Executive's furnishing Charter with evidence reasonably satisfactory to Charter (such as receipts) substantiating the claimed expenditures (such expenses being commensurate with the office and position of Executive and within budgetary limitations), subject to compliance with the terms of any expense reimbursement policy from time to time in effect (including with respect to pre-approvals), and subject to Executive providing Charter with such other information and documentation as may be necessary or required by Charter to deduct such expenses for purposes of the United States Internal Revenue Code of 1986, as amended (the "Code"). All such payments will be made no later than two and one-half months after the end of the calendar year in which Executive became entitled to receive such payment.

Appears in 2 contracts

Samples: Employment Agreement (Charter Communications Inc /Mo/), Employment Agreement (Charter Communications Inc /Mo/)

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Business Expenses and Perquisites. During Executive’s employmentemployment following the Effective Date, Charter will promptly reimburse Executive (or pay directly to the supplier of services) for all reasonable and necessary out-of-pocket expenses actually incurred by Executive in connection with the performance of Executive's duties hereunder, (including without limitation, appropriate business entertainment activities, expenses incurred by Executive in attending approved conventions, seminars, and other business meetings, and promotional activities); in each case subject to Executive's furnishing Charter with evidence reasonably satisfactory to Charter (such as receipts) substantiating the claimed expenditures (such expenses being commensurate with the office and position of Executive and within budgetary limitations), subject to compliance with the terms of any expense reimbursement policy from time to time in effect (including with respect to pre-approvals), and subject to Executive providing Charter with such other information and documentation as may be necessary or required by Charter to deduct such expenses for purposes of the United States Internal Revenue Code of 1986, as amended (the "Code"). All such payments will be made no later than two and one-half months after the end of the calendar year in which Executive became entitled to receive such payment.

Appears in 1 contract

Samples: Employment Agreement (Charter Communications Inc /Mo/)

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