{"component": "clause", "props": {"groups": [{"samples": [{"hash": "13hoqX9O8f", "uri": "/contracts/13hoqX9O8f#financial-planning", "label": "Severance Agreement (Reliant Energy Inc)", "score": 21.0, "published": true}, {"hash": "kMVU85DgJzS", "uri": "/contracts/kMVU85DgJzS#financial-planning", "label": "Severance Agreement (Reliant Resources Inc)", "score": 18.0, "published": true}, {"hash": "k9Tui2gYsUd", "uri": "/contracts/k9Tui2gYsUd#financial-planning", "label": "Severance Agreement (Reliant Resources Inc)", "score": 18.0, "published": true}], "size": 19, "snippet": "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 Covered Termination.", "snippet_links": [{"key": "continued-access", "type": "clause", "offset": [0, 16]}, {"key": "calendar-year", "type": "definition", "offset": [43, 56]}, {"key": "covered-termination", "type": "definition", "offset": [70, 89]}, {"key": "executive-employees", "type": "definition", "offset": [174, 193]}, {"key": "at-the-time", "type": "definition", "offset": [194, 205]}], "hash": "d2aff4b17a45cff3f180953401948866", "id": 1}, {"samples": [{"hash": "NE5SrLHxNd", "uri": "/contracts/NE5SrLHxNd#financial-planning", "label": "Employment Agreement (Chesapeake Lodging Trust)", "score": 19.0739212036, "published": true}, {"hash": "7lrjTUKNOvj", "uri": "/contracts/7lrjTUKNOvj#financial-planning", "label": "Employment Agreement (Chesapeake Lodging Trust)", "score": 19.0739212036, "published": true}, {"hash": "eu339ogMU2z", "uri": "/contracts/eu339ogMU2z#financial-planning", "label": "Employment Agreement (Chesapeake Lodging Trust)", "score": 19.049282074, "published": true}], "size": 11, "snippet": "The Company shall pay or reimburse the Executive for reasonable financial planning services annually up to $15,000 per year.", "snippet_links": [{"key": "the-company-shall", "type": "clause", "offset": [0, 17]}, {"key": "pay-or-reimburse", "type": "clause", "offset": [18, 34]}, {"key": "the-executive", "type": "clause", "offset": [35, 48]}, {"key": "financial-planning-services", "type": "clause", "offset": [64, 91]}, {"key": "per-year", "type": "definition", "offset": [115, 123]}], "hash": "3eae9452555b804aa62aaf29776b0f3a", "id": 3}, {"samples": [{"hash": "iuLzSI8VANM", "uri": "/contracts/iuLzSI8VANM#financial-planning", "label": "Employment Agreement (Verizon Communications Inc)", "score": 18.0, "published": true}, {"hash": "fHx7k51pRmD", "uri": "/contracts/fHx7k51pRmD#financial-planning", "label": "Employment Agreement (Verizon Communications Inc)", "score": 18.0, "published": true}, {"hash": "dMtEAHzEjZX", "uri": "/contracts/dMtEAHzEjZX#financial-planning", "label": "Employment Agreement (Verizon Communications Inc)", "score": 18.0, "published": true}], "size": 11, "snippet": "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.", "snippet_links": [{"key": "for-the-company", "type": "clause", "offset": [22, 37]}, {"key": "services-program", "type": "clause", "offset": [63, 79]}, {"key": "the-vendor", "type": "clause", "offset": [126, 136]}, {"key": "by-the-company", "type": "clause", "offset": [142, 156]}, {"key": "other-vendor", "type": "definition", "offset": [236, 248]}, {"key": "cost-of", "type": "definition", "offset": [293, 300]}, {"key": "annual-maximum", "type": "definition", "offset": [334, 348]}], "hash": "031c7e7b9bf47d15e76367dc48d8beab", "id": 2}, {"samples": [{"hash": "lV1IT4u4Vwx", "uri": "/contracts/lV1IT4u4Vwx#financial-planning", "label": "Employment Agreement (NewPage Holdings Inc.)", "score": 24.4113616943, "published": true}, {"hash": "foOte3SA0zw", "uri": "/contracts/foOte3SA0zw#financial-planning", "label": "Employment Agreement (NewPage Holdings Inc.)", "score": 24.4113616943, "published": true}, {"hash": "fl4WLFhYM5b", "uri": "/contracts/fl4WLFhYM5b#financial-planning", "label": "Employment Agreement (NewPage Holdings Inc.)", "score": 24.4113616943, "published": true}], "size": 10, "snippet": "During the Term, Executive will be eligible to receive at his option financial planning assistance from the Company\u2019s 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.", "snippet_links": [{"key": "during-the-term", "type": "clause", "offset": [0, 15]}, {"key": "to-receive", "type": "definition", "offset": [44, 54]}, {"key": "financial-planning-assistance", "type": "clause", "offset": [69, 98]}, {"key": "from-the-company", "type": "clause", "offset": [99, 115]}, {"key": "designated-provider", "type": "clause", "offset": [118, 137]}, {"key": "available-to", "type": "definition", "offset": [187, 199]}, {"key": "senior-executives", "type": "definition", "offset": [206, 223]}, {"key": "of-the-company", "type": "clause", "offset": [224, 238]}, {"key": "terms-and-conditions", "type": "definition", "offset": [246, 266]}, {"key": "from-time-to-time", "type": "clause", "offset": [279, 296]}, {"key": "by-the-company", "type": "clause", "offset": [297, 311]}], "hash": "e57dcbaf2d67f06d2c6111424068eb5f", "id": 4}, {"samples": [{"hash": "gOf9EsP8Z4C", "uri": "/contracts/gOf9EsP8Z4C#financial-planning", "label": "Employment Agreement (Territorial Bancorp Inc.)", "score": 20.2375087738, "published": true}, {"hash": "eOe3fZ6UoDd", "uri": "/contracts/eOe3fZ6UoDd#financial-planning", "label": "Employment Agreement (Territorial Bancorp Inc.)", "score": 20.2375087738, "published": true}], "size": 6, "snippet": "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 \u201cTax Service Professional\u201d) 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 \u201cAnnual Cost\u201d). 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.\u201d", "snippet_links": [{"key": "the-services", "type": "definition", "offset": [35, 47]}, {"key": "tax-professional", "type": "definition", "offset": [53, 69]}, {"key": "personal-financial-planning", "type": "clause", "offset": [76, 103]}, {"key": "person-or-entity", "type": "definition", "offset": [140, 156]}, {"key": "service-professional", "type": "definition", "offset": [185, 205]}, {"key": "by-the-bank", "type": "clause", "offset": [248, 259]}, {"key": "cost-of", "type": "definition", "offset": [279, 286]}, {"key": "actually-incurred", "type": "definition", "offset": [317, 334]}, {"key": "by-the-executive", "type": "clause", "offset": [335, 351]}, {"key": "services-to-be-provided", "type": "clause", "offset": [357, 380]}, {"key": "preparation-of", "type": "clause", "offset": [403, 417]}, {"key": "income-tax-returns", "type": "definition", "offset": [465, 483]}, {"key": "to-federal", "type": "definition", "offset": [510, 520]}, {"key": "treatment-of-cash", "type": "clause", "offset": [549, 566]}, {"key": "compensation-paid", "type": "clause", "offset": [586, 603]}, {"key": "executive-by", "type": "definition", "offset": [611, 623]}, {"key": "retirement-counseling", "type": "clause", "offset": [658, 679]}, {"key": "estate-planning", "type": "clause", "offset": [684, 699]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [701, 730]}, {"key": "the-annual", "type": "clause", "offset": [732, 742]}, {"key": "bank-of", "type": "definition", "offset": [755, 762]}, {"key": "march-15", "type": "clause", "offset": [921, 929]}, {"key": "the-year", "type": "definition", "offset": [933, 941]}, {"key": "following-the", "type": "definition", "offset": [954, 967]}, {"key": "the-compensation-committee", "type": "definition", "offset": [1058, 1084]}], "hash": "e48ec71364d4947c2ba7ecfdd9acd3cb", "id": 10}, {"samples": [{"hash": "pQvKVZzB0q", "uri": "/contracts/pQvKVZzB0q#financial-planning", "label": "Employment Agreement (Bridge Capital Holdings)", "score": 19.4681720734, "published": true}, {"hash": "caM86u8bqtE", "uri": "/contracts/caM86u8bqtE#financial-planning", "label": "Employment Agreement (Bridge Capital Holdings)", "score": 19.4681720734, "published": true}, {"hash": "336J3Lu9jNl", "uri": "/contracts/336J3Lu9jNl#financial-planning", "label": "Employment Agreement (Bridge Capital Holdings)", "score": 19.4681720734, "published": true}], "size": 9, "snippet": "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\u2019s dependents, (iii) consultation with financial advisors related to personal investments, (iv) investment advisory and management fees, and (v) tax planning and accounting fees (the \u201cPermissible Purposes\u201d). 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.", "snippet_links": [{"key": "approval-of", "type": "clause", "offset": [68, 79]}, {"key": "evidence-of", "type": "clause", "offset": [120, 131]}, {"key": "in-accordance-with", "type": "clause", "offset": [140, 158]}, {"key": "policies-of", "type": "definition", "offset": [163, 174]}, {"key": "cost-of", "type": "definition", "offset": [200, 207]}, {"key": "estate-planning", "type": "clause", "offset": [256, 271]}, {"key": "health-insurance-coverages", "type": "clause", "offset": [344, 370]}, {"key": "coverages-provided", "type": "clause", "offset": [407, 425]}, {"key": "by-the-bank", "type": "clause", "offset": [426, 437]}, {"key": "financial-advisors", "type": "definition", "offset": [549, 567]}, {"key": "related-to", "type": "clause", "offset": [568, 578]}, {"key": "personal-investments", "type": "clause", "offset": [579, 599]}, {"key": "investment-advisory", "type": "definition", "offset": [606, 625]}, {"key": "management-fees", "type": "clause", "offset": [630, 645]}, {"key": "tax-planning", "type": "clause", "offset": [655, 667]}, {"key": "accounting-fees", "type": "definition", "offset": [672, 687]}, {"key": "permissible-purposes", "type": "definition", "offset": [694, 714]}, {"key": "amount-of-reimbursement", "type": "clause", "offset": [722, 745]}, {"key": "expense-incurred", "type": "definition", "offset": [838, 854]}, {"key": "first-year", "type": "definition", "offset": [880, 890]}, {"key": "an-additional", "type": "clause", "offset": [976, 989]}, {"key": "two-thousand", "type": "clause", "offset": [990, 1002]}, {"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [1104, 1137]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1139, 1168]}, {"key": "available-for-use", "type": "definition", "offset": [1287, 1304]}, {"key": "subsequent-years", "type": "clause", "offset": [1354, 1370]}, {"key": "maximum-aggregate-amount", "type": "definition", "offset": [1434, 1458]}, {"key": "one-year", "type": "definition", "offset": [1702, 1710]}], "hash": "070d094aea71b0457d42da23638db30a", "id": 6}, {"samples": [{"hash": "jcFhLfpMwZd", "uri": "/contracts/jcFhLfpMwZd#financial-planning", "label": "Employment Agreement (Tempur Sealy International, Inc.)", "score": 31.1464748383, "published": true}, {"hash": "1qJOTpDmDXL", "uri": "/contracts/1qJOTpDmDXL#financial-planning", "label": "Employment Agreement (Tempur Sealy International, Inc.)", "score": 31.1464748383, "published": true}, {"hash": "3MZkBEpafA0", "uri": "/contracts/3MZkBEpafA0#financial-planning", "label": "Employment Agreement (Tempur Sealy International, Inc.)", "score": 29.1615333557, "published": true}], "size": 9, "snippet": "Employee shall be eligible to participate in the Company\u2019s executive financial planning program which provides reimbursement of financial planning expenses to eligible executives in accordance to the terms of the program.", "snippet_links": [{"key": "participate-in", "type": "definition", "offset": [30, 44]}, {"key": "the-company", "type": "clause", "offset": [45, 56]}, {"key": "planning-program", "type": "definition", "offset": [79, 95]}, {"key": "eligible-executives", "type": "definition", "offset": [159, 178]}, {"key": "in-accordance", "type": "definition", "offset": [179, 192]}, {"key": "the-program", "type": "clause", "offset": [209, 220]}], "hash": "95ad173b47ad5e2d04aec0038f1de75a", "id": 5}, {"samples": [{"hash": "753FqUSzxFs", "uri": "/contracts/753FqUSzxFs#financial-planning", "label": "Employment Agreement (Eightco Holdings Inc.)", "score": 35.2094459534, "published": true}, {"hash": "FkOuIU7mh3", "uri": "/contracts/FkOuIU7mh3#financial-planning", "label": "Employment Agreement (Cryptyde, Inc.)", "score": 33.7583847046, "published": true}, {"hash": "2kmsAbuY1ae", "uri": "/contracts/2kmsAbuY1ae#financial-planning", "label": "Employment Agreement (Cryptyde, Inc.)", "score": 33.7583847046, "published": true}], "size": 9, "snippet": "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\u2019s 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.", "snippet_links": [{"key": "the-company-shall", "type": "clause", "offset": [0, 17]}, {"key": "expenses-incurred", "type": "clause", "offset": [89, 106]}, {"key": "each-year", "type": "definition", "offset": [107, 116]}, {"key": "by-the-executive", "type": "clause", "offset": [117, 133]}, {"key": "in-connection-with", "type": "clause", "offset": [134, 152]}, {"key": "preparation-and", "type": "clause", "offset": [168, 183]}, {"key": "estate-planning", "type": "clause", "offset": [188, 203]}, {"key": "provided-that", "type": "definition", "offset": [205, 218]}, {"key": "expenses-to-be", "type": "clause", "offset": [240, 254]}, {"key": "to-the-extent", "type": "clause", "offset": [318, 331]}, {"key": "payments-by-the-company", "type": "clause", "offset": [372, 395]}, {"key": "gross-income", "type": "definition", "offset": [426, 438]}, {"key": "the-year", "type": "definition", "offset": [499, 507]}, {"key": "the-payment", "type": "clause", "offset": [514, 525]}], "hash": "598d096d7421abd75e025b2cbb310806", "id": 7}, {"samples": [{"hash": "eLQqiXm6nFL", "uri": "/contracts/eLQqiXm6nFL#financial-planning", "label": "Employment Agreement (Scripps Networks Interactive, Inc.)", "score": 23.8459949493, "published": true}, {"hash": "4wJkwrlsJNS", "uri": "/contracts/4wJkwrlsJNS#financial-planning", "label": "Employment Agreement (Scripps Networks Interactive, Inc.)", "score": 22.3730316162, "published": true}, {"hash": "hLmktXmqNVH", "uri": "/contracts/hLmktXmqNVH#financial-planning", "label": "Employment Agreement (Scripps Networks Interactive, Inc.)", "score": 22.1622180939, "published": true}], "size": 8, "snippet": "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.", "snippet_links": [{"key": "net-amount", "type": "clause", "offset": [3, 13]}, {"key": "cost-of", "type": "definition", "offset": [69, 76]}, {"key": "services-for", "type": "clause", "offset": [96, 108]}, {"key": "period-of", "type": "clause", "offset": [119, 128]}, {"key": "one-year", "type": "definition", "offset": [129, 137]}, {"key": "date-of-termination", "type": "definition", "offset": [149, 168]}, {"key": "financial-planning-stipend", "type": "definition", "offset": [175, 201]}, {"key": "lump-sum", "type": "definition", "offset": [228, 236]}, {"key": "days-after", "type": "definition", "offset": [256, 266]}, {"key": "release-deadline", "type": "clause", "offset": [271, 287]}], "hash": "3ffdd0230f2a15153d910a1ca597b2b8", "id": 8}, {"samples": [{"hash": "4jegBZr8uwz", "uri": "/contracts/4jegBZr8uwz#financial-planning", "label": "Contract for Services", "score": 27.6885604858, "published": true}, {"hash": "9UvcZoMa6ne", "uri": "/contracts/9UvcZoMa6ne#financial-planning", "label": "Contract for Services", "score": 27.4554080963, "published": true}, {"hash": "irr5r1OjwlC", "uri": "/contracts/irr5r1OjwlC#financial-planning", "label": "Managed Mental Health Supports and Services Agreement", "score": 26.2101306915, "published": true}], "size": 7, "snippet": "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.", "snippet_links": [{"key": "financial-plan", "type": "definition", "offset": [25, 39]}, {"key": "strategic-approach", "type": "clause", "offset": [118, 136]}, {"key": "management-of-risk", "type": "clause", "offset": [144, 162]}], "hash": "66a09ebc2369d3ecdedd740a92a1f439", "id": 9}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhtmaW5hbmNpYWwtcGxhbm5pbmcjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Financial Planning", "parents": [["severance-benefits", "SEVERANCE BENEFITS"], ["other-benefits", "Other Benefits"], ["compensation-and-benefits", "Compensation and Benefits"], ["compensation", "Compensation"], ["benefits", "BENEFITS"]], "children": [["general-fund-carry-forward", "General Fund Carry Forward"], ["savings-carry-forward", "Savings Carry Forward"], ["expenditures-to-retire-unfunded-pension-liabilities", "Expenditures to Retire Unfunded Pension Liabilities"], ["market-information", "Market Information"], ["future-financings", "Future Financings"]], "size": 372, "id": "financial-planning", "related": [["financial-planning-services", "Financial Planning Services", "<strong>Financial Planning</strong> Services"], ["strategic-planning", "Strategic Planning", "Strategic Planning"], ["selection-planning", "Selection Planning", "Selection Planning"], ["transition-planning", "Transition Planning", "Transition Planning"], ["financial-plans", "Financial Plans", "Financial Plans"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00", "also_ask": ["What are the essential elements that must be included in a Financial Planning clause to ensure enforceability?", "How can this clause be strategically negotiated to allocate financial responsibilities and risks?", "What are the most common pitfalls or ambiguities in Financial Planning clauses that could lead to disputes?", "How does this clause compare to industry standards or statutory requirements for financial planning provisions?", "What factors do courts consider when determining the enforceability of Financial Planning clauses in litigation?"], "drafting_tip": "Specify the parties' financial planning obligations to prevent misunderstandings; define timelines for submissions to ensure timely compliance; require documentation standards to facilitate verification.", "explanation": "The Financial Planning clause outlines the responsibilities and procedures related to budgeting, forecasting, and managing financial resources within an agreement. It typically requires parties to prepare and review financial plans, set spending limits, and periodically update projections based on actual performance or changing circumstances. This clause ensures that all parties have a clear understanding of financial expectations and obligations, helping to prevent misunderstandings and promote fiscal discipline throughout the term of the contract."}, "json": true, "cursor": ""}}