Common use of Entertainment and Business Meeting Expenses Clause in Contracts

Entertainment and Business Meeting Expenses. i) Entertainment and business meeting expenses are reimbursable if incurred for a specific business purpose, there is a reasonable expectation of a benefit to be derived by Customer, there is written substantiation to support the business purpose, and the expense is not excessive with respect to the frequency or overall expense amount. ii) Detailed documentation is required for all entertainment and business meeting expenses which must include: the date and place; the nature of the expense; the names and corporate affiliation of those entertained; a complete description of business purpose and specific matter discussed; and an itemized receipt for any expenses over $25.