Common use of EXPENSES AND DISBURSEMENTS Clause in Contracts

EXPENSES AND DISBURSEMENTS. 4.5 The Company shall pay all reasonable business and out-of-pocket expenses actually and properly incurred by the Consultant from time to time in furtherance of or in connection with the Services including, but not limited to, all travel expenses, parking and entertainment expenses. If any such expenses are paid in the first instance by the Consultant, the Company shall reimburse it therefor, subject to the receipt by the Company of statements, vouchers or other evidence in form reasonably satisfactory to it. Stock Options

EXPENSES AND DISBURSEMENTS. 4.5 4.7 The Company shall pay all reasonable business and out-of-pocket expenses actually and properly incurred by the Consultant from time to time in furtherance of or in connection with the Services including, but not limited to, all travel expenses, parking and entertainment expensesServices. If any such expenses are paid in the first instance by the Consultant, the Company shall reimburse it him therefor, subject to the receipt by the Company of statements, vouchers or other evidence in form reasonably satisfactory to it. Stock Options, provided however that for any expense exceeding $1,000.00 the Consultant shall be required to obtain prior approval from the Company’s CEO.