Common use of Expenses; Benefits Clause in Contracts

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.

Appears in 2 contracts

Samples: Employment Agreement (Lifef X Inc), Employment Agreement (Lifef X Inc)

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Expenses; Benefits. (a) During the Employment Period, the Company agrees promptly to reimburse Executive, in accordance with the Company's policies as in effect and as modified from time to timepolicies, 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 hereunderhereunder upon presentation of evidence in form of receipts satisfactory to the Company substantiating claimed expenditures.

Appears in 2 contracts

Samples: Management Agreement (Internetstudios Com Inc), Management Agreement (Internetstudios Com Inc)

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.

Appears in 2 contracts

Samples: Employment Agreement (Lifef X Inc), Employment Agreement (Lifef X Inc)

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Expenses; Benefits. (a) During the Employment Period, the Company agrees promptly to reimburse Executive, in accordance with the Company's policies as in effect and as modified from time to timepolicies, 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 hereunderhereunder upon presentation of evidence in form of receipts satisfactory to the Company substantiating claimed expenditures; provided, however that Executive must obtain the approval of the Chief Financial Officer of the Corporation prior to incurring expenses exceeding $25,000 in any one month.

Appears in 1 contract

Samples: Service Agreement (Internetstudios Com Inc)

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