Club Membership Dues. Commencing on the Effective Date and continuing until the Date of Termination, the Executive shall receive an allowance for monthly membership dues (i.e., the regular membership fee, and not incidental or ancillary charges such as food, beverages, rentals, coaching, training, supplies, therapy, spa, etc.) for a club or organization of Executive’s choice in the amount of Six Hundred Dollars ($600.00) per month (“Club Allowance”). The Executive will not be entitled to this Club Allowance if the Company determines that membership in the relevant club or organization would violate the letter or spirit of any Company policy.
Club Membership Dues. Commencing on the Effective Date and continuing until the Date of Termination, the Executive shall receive an amount per month equal to the monthly membership dues (i.e., the regular membership fee, and not incidental or ancillary charges such as food, beverages, rentals, coaching, training, supplies, therapy, spa, etc.) which the Executive pays for one club or organization of Executive's choice.
Club Membership Dues. During the period of the Executive’s employment with the Company, the Company shall reimburse the Executive for dues and business related expenditures associate with membership in trade and professional associations and one single country club as selected by the Executive and approved by the Board. Subject to presentation of invoices or vouchers for such expenses or other evidence thereof to the Company in accordance with the Company’s general policies or guidelines in effect for such reimbursements, the Company will reimburse the Executive for all such amounts promptly on presentation of such invoices or vouchers but no later than the last day of the calendar year following the calendar year in which the Executive incurs the reimbursable expense. The Executive agrees to use the country club as entertainment for selective Bank clients.
Club Membership Dues. Until the Date of Termination, the Executive shall receive an amount per month equal to the monthly membership dues which the Executive pays for one club or organization of Executive's choice.
Club Membership Dues. During the period of the Executive's employment with the Company, the Company shall pay for or reimburse the Executive for dues (but not assessments) incurred by the Executive as a member of the Atlanta Athletic Club and Sugarloaf Country Club.
Club Membership Dues. The Company shall reimburse the Executive -------------------- promptly for all reasonable club membership dues incurred by him in support of his role in promoting the best interests of the Company.
Club Membership Dues. Until the Date of Termination, the Employee shall receive an amount per month equal to the monthly membership dues, not to exceed $425 per month, which the Employee pays for one club or organization of his choice.
Club Membership Dues. All Club Membership Dues, if any, for the month in which the Closing occurs shall be prorated as of the Cut-Off Time between the Buyer and the Sellers, but only to the extent of any such dues are actually paid in cash and received by the Sellers prior to the Cut-Off Time. To the extent the Sellers receive any Membership Dues for any month following the month in which the Closing occurs, the Sellers shall deliver or credit to the Buyer the full amount of such Membership Dues. The Buyer shall not receive a credit for any initiation fees, other than Club Initiation Fees that (i) have actually been paid in cash and received by the Sellers after the date hereof for the month in which the Closing occurs, (ii) are to be applied towards refunds due in connection with the termination and transfer of memberships in accordance with the terms of the applicable Club membership documents, and (iii) have not been so applied. Except as provided in the immediately preceding sentence, the Buyer shall not receive any credit to the Purchase Price relating to or in connection with any membership fees paid by prospective members of any Club or liabilities or payments to any members of a Club.
Club Membership Dues. Effective March 1, 2002, Employee ---------------------- acknowledges, agrees and understands that the Company shall suspend this Section 6(g) of the Agreement and the Company shall not provide or be required to provide any further payment for Employee's membership dues at Traditions Golf Club during the term of this First Amendment. Except as modified by this First Amendment to Employment Agreement, the parties affirm and ratify the terms and conditions of the Agreement.
Club Membership Dues. Until the Date of Termination, the Executive shall receive up to $600.00 per month towards the reimbursement of membership dues which the Executive pays for one club or organization of Executive's choice.
