Certain Reimbursements. To the extent that any reimbursements hereunder constitute taxable compensation to Executive, such reimbursements shall be made to Executive promptly, but in no event after December 31st of the year following the year in which the expense was incurred, the amount of any such amounts reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement of any such expenses shall not be subject to liquidation or exchange for any other benefit.
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Samples: Employment Agreement (On Assignment Inc), Employment Agreement (On Assignment Inc), Senior Executive Agreement (On Assignment Inc)
Certain Reimbursements. To the extent that any reimbursements hereunder constitute taxable compensation to Executive, such reimbursements shall be reimbursable to Executive only during his lifetime and shall be made to Executive promptly, but in no event after December 31st of the year following the year in which the expense was incurred, the amount of any such amounts reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement of any such expenses shall not be subject to liquidation or exchange for any other benefit.
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