Common use of Business Related Expenses Clause in Contracts

Business Related Expenses. The Corporation will pay (or reimburse) the Executive for all reasonable, ordinary and necessary expenses that he incurs to perform his duties under this Agreement. Reimbursement will be made within thirty (30) days after the date such expenses are incurred, provided the Executive submits appropriate evidence of the expenditure (and all other information required under the Corporation’s business expense reimbursement policy) to the Corporation and otherwise complies with reimbursement procedures the Corporation applies to its other senior executives.

Appears in 3 contracts

Samples: Employment Agreement (Firstmerit Corp /Oh/), Employment Agreement (Firstmerit Corp /Oh/), Employment Agreement (Firstmerit Corp /Oh/)

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Business Related Expenses. The Corporation will pay (or reimburse) the Executive for all reasonable, ordinary and necessary expenses that he incurs to perform his duties under this Agreement. Reimbursement will be made within thirty (30) 30 days after the date such expenses are incurred, provided the Executive submits appropriate evidence of the expenditure (and all other information required under the Corporation’s business expense reimbursement policy) to the Corporation and otherwise complies with reimbursement procedures the Corporation applies to its other senior executives.

Appears in 1 contract

Samples: Employment Agreement (Firstmerit Corp /Oh/)

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