Common use of Educational Expenses Clause in Contracts

Educational Expenses. MRMC agrees to reimburse Resident for expenses Resident actually incurs in attending a continuing medical education seminar, taking certification exams, or procuring education materials (the "Educational Expenses") in the following amounts: (a) up to Seven Hundred Fifty and No/100 Dollars ($750.00) during PGYI; (b) up to One Thousand and No/100 Dollars ($1,000.00) during PGYII; and (c) up to One Thousand Two Hundred Fifty and No/100 Dollars ($1,250.00) during PGYIII. Educational Expenses include, but are not limited to, expenses associated with Resident's travel, lodging, and procurement of educational materials; provided, however, pre-approval by the Program Director of the Educational Expenses is a pre-condition of the payment or reimbursement by MRMC. If Resident does not use the amount set forth above during any Program Year for which such was allocated, any unused amount may be carried forward into the following Program Year. Any such amount that remains unused following Resident's completion of the Program, or as a result of the termination or expiration of this Agreement, shall be retained by MRMC. Reimbursement for Educational Expenses is subject to the then current XxXxxx Health CME and Professional Expense Allowance Policy (“CME Policy”), the current version of which is attached hereto and incorporated herein as Attachment B-1 and may be amended from time to time; provided, however, in the event of any inconsistency between the terms of the CME Policy and the terms and conditions set forth in this Agreement, the terms and conditions of this Agreement shall prevail with respect to the subject matter thereof.