Common use of Expenses; Benefits Clause in Contracts

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.

Appears in 2 contracts

Samples: Employment Agreement (Athenahealth Inc), Employment Agreement (Athenahealth Inc)

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Expenses; Benefits. (a) The Company agrees to reimburse Employee, in accordance with the Company's ’s policies, for reasonable expenses paid or incurred by Employee in connection with the performance of Employee's ’s duties for the Company hereunder. (b) Employee shall be entitled to 20 business days of vacation annually, which vacation shall accrue at a rate of 13.3 13.36 business hours per month, ; provided that the maximum vacation accrual Employee may have at any time shall be 38.3 30 days. The vacation year begins on Employee's ’s anniversary date. No more than 10 Of the vacation days not taken at the end of the calendar year, only ten days may be carried forward from a given year to the next without the prior written consent of the HR Committee, and 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 and any other employee benefits plans that may be instituted by the Company for the benefit of its midsenior-level management Employees employees generally, upon such terms contained therein.

Appears in 2 contracts

Samples: Employment Agreement (Athenahealth Inc), Employment Agreement (Athenahealth Inc)

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 15 days of vacation annually, which vacation shall accrue at a rate of 13.3 10 business hours per month, ; provided that the maximum vacation accrual Employee may have at any time shall be 38.3 25 days. The vacation year begins on Employee's anniversary date. No more than 10 Of the vacation days not taken at the end of the vacation year, only ten days may be carried forward from a given year to the next without the prior written consent of the HR Committee, and 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.

Appears in 1 contract

Samples: Employment Agreement (Athenahealth Inc)

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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 13.33 business hours per month, ; provided that the maximum vacation accrual Employee may have at any time shall be 38.3 30 days. The vacation year begins on Employee's anniversary date. No more than 10 Of the vacation days not taken at the end of the vacation year, only ten days may be carried forward from a given year to the next without the prior written consent of the HR Committee, and 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.

Appears in 1 contract

Samples: Employment Agreement (Athenahealth Inc)

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