Common use of Club Memberships Clause in Contracts

Club Memberships. Reimbursement of the Executive for the cost of his and his immediate family's membership in one country club, including reimbursement of a $10,000 voting transfer fee to be paid or payable by the Executive, and his membership in one business club, and for his business-related use for both clubs.

Club Memberships. Reimbursement of the Executive for the cost of his and his immediate family's membership in one country club, including reimbursement of a $10,000 voting transfer fee to be paid or payable by the Executive, club and his membership in one business club, and for his business-related use for both clubsthereof.