Entertainment. Employees, officers and directors shall not encourage or solicit entertainment from any individual or company with whom the Corporation does business. Entertainment includes, but is not limited to, activities such as dinner parties, theater parties, and sporting events. From time to time employees, officers and directors may accept unsolicited entertainment, but only under the following conditions: (a) the entertainment occurs infrequently; (b) it arises out of the ordinary course of business; (c) it involves reasonable, not lavish expenditures (the amounts involved should be ones employees, officers and directors are accustomed to normally spending for their own business or personal entertainment; and (d) the entertainment takes place in settings that also are reasonable, appropriate, and fitting to employees, officers and directors, their hosts, and their business at hand.
Appears in 10 contracts
Samples: Executive Employment Agreement (Biovail Corp International), Executive Employment Agreement (Biovail Corp International), Executive Employment Agreement (Biovail Corp International)
