Common use of Expense Account Clause in Contracts

Expense Account. The Corporation shall reimburse Employee for reasonable and customary business expenses incurred in the conduct of the Corporation’s business. Such expenses will include business meals, out-of-town lodging and travel expenses. Employee agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to Employee following receipt and verification of such reports.

Appears in 14 contracts

Samples: Employment Agreement (Eastern Virginia Bankshares Inc), Employment Agreement (Eastern Virginia Bankshares Inc), Employment Agreement (Eastern Virginia Bankshares Inc)

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Expense Account. The Corporation shall reimburse Employee for reasonable and customary business expenses incurred in the conduct of the Corporation’s 's business. Such expenses will include business meals, out-of-town lodging and travel expenses. Employee agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to Employee following receipt and verification of such reports.

Appears in 8 contracts

Samples: Employment Agreement (First National Corp /Va/), Employment Agreement (Village Bank & Trust Financial Corp.), Employment Agreement (First National Corp /Va/)

Expense Account. The Corporation shall reimburse Employee Executive for reasonable and customary business expenses incurred in the conduct of the Corporation’s business. Such expenses will include business meals, out-of-town lodging and lodging, travel expenses, reasonable professional fees and dues. Employee Executive agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to Employee Executive following receipt and verification of such reports.

Appears in 4 contracts

Samples: Employment Agreement (Optical Cable Corp), Employment Agreement (Optical Cable Corp), Employment Agreement (Optical Cable Corp)

Expense Account. The Corporation shall reimburse Employee for reasonable and customary business expenses incurred in the conduct of the Corporation’s business. Such expenses will include business meals, out-of-town lodging and travel expenses. In no event will there be reimbursement for items which are not reimbursable under Corporation policy. Employee agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to the Employee following receipt and verification of such reports.

Appears in 2 contracts

Samples: Employment Agreement (Cardinal Financial Corp), Agreement and Plan of Share Exchange (Cardinal Financial Corp)

Expense Account. The Corporation shall reimburse Employee for reasonable and customary business expenses incurred in the conduct of the Corporation’s 's business. Such expenses will include business meals, out-of-town lodging lodging, travel expenses and travel cellular phone expenses. Employee agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to Employee following receipt and verification of such reports.

Appears in 1 contract

Samples: Employment Agreement (Eastern Virginia Bankshares Inc)

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Expense Account. The Corporation shall reimburse Employee for reasonable and customary business expenses incurred in the conduct of the Corporation’s 's business. Such expenses will include business meals, out-of-town lodging and travel expenses. In no event will there be reimbursement for items which are not reimbursable under Corporation policy. Employee agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to the Employee following receipt and verification of such reports.

Appears in 1 contract

Samples: Employment Agreement (Middleburg Financial Corp)

Expense Account. The Corporation shall reimburse Employee Executive for reasonable and customary business expenses incurred in the conduct of the Corporation’s business. Such expenses will include client entertainment, business meals, out-of-town lodging and lodging, travel expenses, reasonable professional fees and dues. Employee Executive agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to Employee Executive following receipt and verification of such reports.

Appears in 1 contract

Samples: Employment Agreement (AvePoint, Inc.)

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