Common use of Business Expenses; Memberships Clause in Contracts

Business Expenses; Memberships. The Executive shall be reimbursed for all ordinary and necessary expenses incurred by the Executive in connection with his employment. The Executive shall also be reimbursed for reasonable expenses incurred in activities associated with promoting the business of the Bank and BCH, including expenses for entertainment, travel, conventions, educational programs, dues and expenses related to membership in a fitness club and The Silicon Valley Capital Club, or similar items. All such expenses described above will be subject to compliance with applicable policies of the Bank or BCH and any memberships will be further subject to the prior approval of the Board of Directors of the Bank or BCH in its sole discretion. All such reimbursements shall be made upon presentation and approval of receipts, invoices or other appropriate evidence of such expense in accordance with the policies of the Bank or BCH.

Business Expenses; Memberships. The Executive shall be reimbursed for all ordinary and necessary expenses incurred by the Executive in connection with his her employment. The Executive shall also be reimbursed for reasonable expenses incurred in activities associated with promoting the business of the Bank and BCH, including expenses for entertainment, travel, conventions, educational programs, dues and expenses related to membership in a fitness club and The Silicon Valley Capital Clubclub, or similar items. All such expenses described above will be subject to compliance with applicable policies of the Bank or BCH and any memberships will be further subject to the prior approval of the Board of Directors of the Bank or BCH in its sole discretion. All such reimbursements shall be made upon presentation and approval of receipts, invoices or other appropriate evidence of such expense in accordance with the policies of the Bank or BCH.

Business Expenses; Memberships. The Executive shall be reimbursed for all ordinary and necessary expenses incurred by the Executive in connection with his employment. The Executive shall also be reimbursed for reasonable expenses incurred in activities associated with promoting the business of the Bank and BCH, including expenses for entertainment, travel, conventions, educational programs, dues and expenses related to membership in a fitness club and The Silicon Valley Capital Clubclub, or similar items. All such expenses described above will be subject to compliance with applicable policies of the Bank or BCH and any memberships will be further subject to the prior approval of the Board of Directors of the Bank or BCH in its sole discretion. All such reimbursements shall be made upon presentation and approval of receipts, invoices or other appropriate evidence of such expense in accordance with the policies of the Bank or BCH.

Business Expenses; Memberships. The Executive shall be reimbursed for all ordinary and necessary expenses incurred by the Executive in connection with his employment. The Executive shall also be reimbursed for reasonable expenses incurred in activities associated with promoting the business of the Bank and BCH, including expenses for entertainment, travel, conventions, educational programs, and such expenses and dues and expenses related to membership in for a fitness club and membership, membership in The Silicon Valley Capital Club, or Club and similar items. All The Executive may obtain a golf club membership at such expenses described above will be subject to compliance with applicable policies time during the term of the Bank or BCH and any memberships will be further subject to the prior approval of this Agreement as the Board of Directors of BCH or the Bank or BCH may, in the exercise of its sole discretion, deem appropriate. All such reimbursements shall be made upon presentation and approval of receipts, invoices or other appropriate evidence of such expense in accordance with the policies of the Bank or BCH.