Financial Planning. The Employer will provide, or cause to be provided, continued access, for the remainder of the calendar year in which the Covered Termination occurs or for 60 days (if greater), to the financial planning services available to executive employees at the time of the Covered Termination.
Financial Planning. You shall be eligible for the Company's financial planning and services program. If you are already using a vendor other than the vendor used by the Company's financial planning and services program, and you wish to continue using that other vendor, your are eligible for reimbursement of the cost of using that other vendor up to an annual maximum of $9,000.
Financial Planning. The Company shall pay or reimburse the Executive for reasonable financial planning services annually up to $15,000 per year.
Financial Planning. During the Term, Executive will be eligible to receive at his option financial planning assistance from the Company’s designated provider if and for so long as similar assistance is made available to other senior executives of the Company, under terms and conditions established from time to time by the Company.
Financial Planning. The Bank or BCH will reimburse the Executive, upon presentation and approval of receipts, invoices or other appropriate evidence of expense in accordance with the policies of the Bank or BCH, for the cost of (i) consultation with financial planning and/or estate planning advisors, (ii) premiums incurred by the Executive for personal life and health insurance coverages supplemental to any group insurance coverages provided by the Bank or BCH, for the Executive individually and, as applicable, the Executive’s dependents, (iii) consultation with financial advisors related to personal investments, (iv) investment advisory and management fees, and (v) tax planning and accounting fees (the “Permissible Purposes”). The amount of reimbursement allowance shall be limited to (i) up to seven thousand five hundred dollars ($7,500) of the expense incurred by the Executive for the first year that the Executive incurs expense for any of the Permissible Purposes and (ii) up to an additional two thousand five hundred dollars ($2,500) of expense for any of the Permissible Purposes in each subsequent year during the term of this Agreement. Notwithstanding the foregoing, any portion of such reimbursement allowance which is not fully spent during a particular year shall carryover and be available for use by the Executive for the Permissible Purposes in subsequent years during the term of this Agreement; provided, however, that the maximum aggregate amount of reimbursement allowance available for use in any particular year shall not exceed seven thousand five hundred dollars ($7,500) and any amount in excess of seven thousand five hundred dollars ($7,500) shall lapse and will not carryover from one year to another year or otherwise be available or increase the reimbursement allowance in any year during the term of this Agreement.
Financial Planning. The Company shall reimburse the Executive for all legal, and accounting costs, fees, and expenses incurred each year by the Executive in connection with (a) income tax preparation and (b) estate planning, provided that the aggregate annual expenses to be reimbursed shall not exceed Twenty Thousand Dollars ($20,000). To the extent that any and all such reimbursements or payments by the Company are includable in Executive’s gross income and taxable, then the Company shall, on or before June 1 of the year after the payment is made, reimburse the Executive for such taxes.
Financial Planning. Employee shall be eligible to participate in the Company’s executive financial planning program which provides reimbursement of financial planning expenses to eligible executives in accordance to the terms of the program.
Financial Planning. An net amount of $10,000, which is intended to cover the approximate cost of financial planning services for you for a period of one year after your Date of Termination. This financial planning stipend shall be paid in a single lump sum within 20 calendar days after the Release Deadline.
Financial Planning. In developing an overall financial plan, the CMHSP shall consider, the reinvestment of carry-forward savings, and the strategic approach in the management of risk, as described in the following sub-sections.
Financial Planning. Executive shall be entitled to use the services of a tax professional and a personal financial planning professional (which may be the same person or entity for both services (the “Tax Service Professional”) of his choosing) and seek reimbursement by the Bank for the reasonable cost of such Tax Service Professional actually incurred by the Executive. The services to be provided shall include (i) the preparation of all required federal, state and local personal income tax returns, (ii) advice with respect to federal, state and local income tax treatment of cash and other forms of compensation paid to the Executive by the Bank and (iii) investment and retirement counseling and estate planning. Notwithstanding the foregoing, the annual cost to the Bank of such services shall not exceed $5,000 (the “Annual Cost”). Reimbursement of the Annual Cost shall be paid promptly by the Bank and in any event no later than March 15 of the year immediately following the year in which the Annual Cost was incurred. The Annual Cost shall be reviewed annually by the Compensation Committee of the Bank and, if increased, shall be reflected in an addendum hereto.”
