Expenses; Benefits. (a) The Company agrees to reimburse Employee, in accordance with the Company’s policies as amended b the Company from time to time, for reasonable expenses paid or incurred by Employee in connection with the performance of Employee’s duties for the Company hereunder.
(b) Employee will be entitled to vacation, sick days and leave of absence in accordance with Company policies, as amended by the Company from time to time.
(c) Employee will be entitled to participate in health, life, or disability insurance, and retirement, pension, or profit-sharing plans that may be instituted by the Company for the benefit of its mid-level management Employees generally, upon such terms contained therein.
Expenses; Benefits. (a) The Company agrees to reimburse Employee, in accordance with the Company's policies, for reasonable expenses paid or incurred by Employee in connection with the performance of Employee's duties for the Company hereunder.
(b) Employee shall be entitled to 20 days of vacation annually, which vacation shall accrue at a rate of 13.3 business hours per month, provided that the maximum vacation accrual Employee may have at any time shall be 38.3 days. The vacation year begins on Employee's anniversary date. No more than 10 vacation days may be carried forward from a given year to the next without the prior written consent of the HR Committee, and Employee may not receive cash in lieu of the days not taken.
(c) Employee shall be entitled to participate in health, life, or disability insurance, and retirement, pension, or profit-sharing plans that may be instituted by the Company for the benefit of its mid-level management Employees generally, upon such terms contained therein.
Expenses; Benefits a. Athena shall reimburse Employee, in accordance with Athena’s policies as in effect from time to time, for reasonable expenses incurred by Employee in connection with the performance of Employee’s duties for Athena hereunder.
b. Employee will be entitled to paid time off (PTO) and leave of absence in accordance with Athena’s policies as in effect from time to time.
c. Employee will be entitled to participate in any health, life, or disability insurance plans and retirement, pension, or profit-sharing plans that may be offered by Athena, subject to the eligibility rules of each plan. Benefits under each plan are governed solely by that plan, and Athena may in its sole discretion modify or eliminate any plan or benefits thereunder on a prospective basis by notice to Employee.
Expenses; Benefits. (a) During the Employment Period, the Company agrees to reimburse Executive, in accordance with the Company's policies as in effect and as modified from time to time, for all reasonable and ordinary and necessary business expenses paid or incurred by Executive in connection with the performance of Executive's duties for the Company hereunder.
(b) During the Employment Period, Executive shall be entitled to accrue vacation at a rate of 1.25 days per month for up to three weeks (i.e., fifteen days) of vacation annually, which vacation shall accrue at a rate of 1.25 days per month; provided that the maximum vacation accrual that Executive may have at any time shall be fifteen (15) days. Once the Executive has accrued the full fifteen (15) days vacation, all vacation accruals shall cease and shall not resume unless and until Executive uses enough vacation time to fall below the maximum accrual, at which point Executive shall start accruing vacation again from that date forward until the maximum is reached again.
(c) During the Employment Period, Executive shall be entitled to participate in and enjoy the benefits of any health, life, or disability insurance, and of any retirement, pension, or profit-sharing plans, or other similar plan or plans which may be instituted by the Company for the benefit of its senior executive staff employees generally, upon such terms as may be therein provided from time to time, and as modified or terminated from time to time. During the initial six month period of this Agreement, the Executive shall be reimbursed for his reasonable expenses incurred for such fringe benefit purposes until such time as the Company has established its own plans and policies for such purpose. As each such plan or policy is established by the Company in its sole discretion, this reimbursement obligation shall terminate and be of no further legal force or effect. The failure of the Executive to satisfy any eligibility requirements of such plans or policies, waiting periods, or other requirements shall not increase the maximum reimbursement obligation of the Company hereunder.
(d) During the Employment Period, the Company agrees to reimburse the Executive, in accordance with the Company's policies as in effect from time to time, the amount of $500 per month for automobile costs and expenses incurred by Executive in the course of the performance of his duties hereunder.
Expenses; Benefits. (a) The Corporation will promptly reimburse Executive for all reasonable and necessary business expenses incurred by him/her in connection with providing the employment services under this Agreement.
(b) The Corporation shall make available to Executive similar health benefits and other benefits that it makes available to its other senior executives.
Expenses; Benefits. (a) During the Employment Period, the Company agrees to reimburse Executive, in accordance with the Company's policies as in effect and as modified from time to time, for all reasonable and ordinary and necessary business expenses paid or incurred by Executive in connection with the performance of Executive's duties for the Company hereunder; provided, however that Executive must obtain the Company's approval prior to incurring individual expenses exceeding $2,500 (or $5,000 in the aggregate) in any thirty (30) day period.
(b) During the Employment Period, Executive shall be entitled to accrue vacation at a rate of 1.25 days per month for up to three weeks (i.e., fifteen days) of vacation annually, which vacation shall accrue at a rate of 1.25 days per month; provided that the maximum vacation accrual that Executive may have at any time shall be fifteen (15) days. Once the Executive has accrued the full fifteen (15) days vacation, all vacation accruals shall cease and shall not resume unless and until Executive uses enough vacation time to fall below the maximum accrual, at which point Executive shall start accruing vacation again from that date forward until the maximum is reached again.
(c) During the Employment Period, Executive shall be entitled to participate in and enjoy the benefits of any health, life, or disability insurance, and of any retirement, pension, or profit-sharing plans, or other similar plan or plans which may be instituted by the Company for the benefit of its senior executive staff employees generally, upon such terms as may be therein provided from time to time, and as modified or terminated from time to time. During the initial six month period of this Agreement, the Executive shall be reimbursed for his reasonable expenses incurred for such fringe benefit purposes until such time as the Company has established its own plans and policies for such purpose. As each such plan or policy is established by the Company in its sole discretion, this reimbursement obligation shall terminate and be of no further legal force or effect. The failure of the Executive to satisfy any eligibility requirements of such plans or policies, waiting periods, or other requirements shall not increase the maximum reimbursement obligation of the Company hereunder.
(d) During the Employment Period, the Company agrees to reimburse the Executive, in accordance with the Company's policies as in effect from time to time, the amount of $500 per month for automobile...
Expenses; Benefits. Company shall not be obligated to reimburse Consultant for any out-of-pocket expenses incurred by Consultant in performing the Services unless such expenses are approved by Company, in writing, prior to Consultant’s incurrence of such expenses. No benefit provided by Company to its employees, including but not limited to, workers compensation insurance, unemployment insurance, employee medical insurance, retirement, profit sharing, overtime, bonus, vacation, holiday pay or other employee benefits shall be available to Consultant by virtue of this Agreement.
Expenses; Benefits. (a) The Company agrees to reimburse Employee, in accordance with the Company’s policies, for reasonable expenses paid or incurred by Employee in connection with the performance of Employee’s duties for the Company hereunder. Employee will be eligible for expense reimbursement of up to $30,000 for the cost of relocation to Boston and trips to Boston associated with the move; however, more than one moving bid must be obtained and reimbursement is contingent upon submittal of receipts
(b) Employee shall be entitled to 17 days of vacation annually, which vacation shall accrue at a rate of 1.4 days per month. The vacation year begins on Employee’s anniversary date. Of the vacation days not taken at the end of the vacation year, only ten days may be carried forward to the following year. Employee may not receive cash in lieu of the days not taken, except with written consent of the HR Committee.
(c) Employee shall be entitled to participate in health, life, or disability insurance, and retirement, pension, or profit-sharing plans that may be instituted by the Company for the benefit of its mid-level management Employees generally, upon such terms contained therein.
Expenses; Benefits. 5.1 GLG shall reimburse the Employee in respect of all reasonable travelling, accommodation, and other similar out-of-pocket expenses wholly, exclusively, and necessarily incurred by the Employee in or about the performance of his duties, provided that any expense claims are supported by relevant documentation and are made in accordance with GLG’s expenses policy from time to time in force.
5.2 During the Term, and provided that the Employee satisfies, and continues to satisfy, any individual plan eligibility requirements, the Employee shall be entitled to participate in, and receive benefits under, any employee benefit plan made available by GLG to its senior executive employees. Any such plan may be amended, modified, or terminated by GLG from time to time with or without notice to the Employee. Notwithstanding the foregoing, the Employee will not be entitled to any employee benefits that are duplicative of the benefits that he receives as a result of his employment with GLG Partners LP and GLG Partners Services LP.
Expenses; Benefits. The Company shall provide the Executives with reimbursement for any reasonable out-of-pocket expenses incurred in furtherance of their duties hereunder, subject to Company policies and appropriate documentation. In addition, the Company shall provide the Executives with the benefits set forth in Section 4.4(b)(ii) of the Employment Agreements to the same extent as if the Executives’ employment had they been terminated with Good Reason (as such term is used in the Employment Agreements) and the Company shall abide by the provisions of section 8 of the Employment Agreements, subject to paragraph 8 hereof, as if fully set forth herein, with respect to Payments made, or benefits provided, to the Executives under this Agreement. For the avoidance of any doubt, section 8 of the Employment Agreements, subject to paragraph 8 hereof, shall be and hereby is incorporated herein by reference; provided, however, it shall apply to the Payments made and benefits provided pursuant to this Agreement.
