Common use of Perquisites and Expenses Clause in Contracts

Perquisites and Expenses. (a) During the Employment Term, any business travel, including use of the Partnership’s leased or owned aircraft, will be on the same basis and manner as travel by the CEO and President of the Company. In addition, you will be entitled to use the aircraft for not more than 60 hours per year, unless the Partnership ceases to lease or own an aircraft.

Appears in 2 contracts

Samples: Alliance Capital Management Holding Lp, Alliance Capital Management L P

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Perquisites and Expenses. (a) During the Employment Term, any business travel, including use of the Partnership’s leased or owned aircraft, will be on the same basis and manner as travel by the CEO Chief Executive Officer (“CEO”) and President of the Company. In addition, you You will be entitled to use the aircraft for not more than 60 a maximum of 100 hours per yearin 2003 and a maximum of 75 hours in 2004, unless the Partnership ceases to lease or own an aircraft.

Appears in 2 contracts

Samples: Alliance Capital Management L P, Alliance Capital Management Holding Lp

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Perquisites and Expenses. (a) During the Employment Term, any business travel, including use of the Partnership’s leased or owned aircraft, will be on the same basis and manner as travel by the CEO and President of the Company. In addition, you You will be entitled to use the aircraft for not more than 60 a minimum of 100 hours per year, unless the Partnership ceases to lease or own an aircraft.

Appears in 2 contracts

Samples: Alliance Capital Management Holding Lp, Alliance Capital Management L P

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