Common use of Business Manager Expense Clause in Contracts

Business Manager Expense. The term "Business Manager Expense" shall mean an expense or cost incurred by the Business Manager, for which the Business Manager is financially liable and is not entitled to reimbursement from the Practice. Business Manager Expense shall specifically include: (a) any amortization of intangible assets resulting from the Acquisition Transaction, (b) any income or franchise taxes of the Business Manager, (c) any expense or cost relating to any underwritten initial public offering of Business Manager's common stock pursuant to which a registration statement is filed under the Securities Act of 1933 (except for underwriter's commissions, charges or discounts related to the sale of stock by

Appears in 4 contracts

Samples: Employment Agreement (Vision Twenty One Inc), Employment Agreement (Vision Twenty One Inc), Optometrist Employment Agreement (Vision Twenty One Inc)

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