Common use of EXPENSES AND ALLOWANCES Clause in Contracts

EXPENSES AND ALLOWANCES. During the Employment Period, the Company shall reimburse Employee for all reasonable out-of-pocket expenses incurred in the course of performing his duties under this Agreement in accordance with the Company's customary and normal practices, but subject to the presentment of appropriate vouchers in accordance with the Company's normal policies for expense verification. In addition to the foregoing, Employee shall have an unaccountable expense allowance of $15,000 per annum. Employee shall be entitled to participate in the TransCore Holdings, Inc. 1999 Stock Option and Incentive Plan.

Appears in 4 contracts

Samples: Employment Agreement (TransCore Atlantic, Inc.), Employment Agreement (TransCore Atlantic, Inc.), Employment Agreement (TransCore Atlantic, Inc.)

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