Common use of Perquisites; Expenses Clause in Contracts

Perquisites; Expenses. During the Term of Employment, the Executive shall be entitled to receive such perquisites as CFC may determine to provide to its senior executive officers, and CFC shall reimburse the Executive for all reasonable and documented expenses incurred by the Executive in connection with the performance of the Executive’s duties hereunder, including, without limitation, expenses incurred as a result of the attendance by the Executive’s wife at a function or meeting where the Executive determines that her attendance is appropriate for business purposes.

Appears in 1 contract

Samples: Employment Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

AutoNDA by SimpleDocs

Perquisites; Expenses. During the Term of Employment, the Executive shall be entitled to receive such perquisites as CFC may determine to provide to its senior executive officers, and CFC shall reimburse the Executive for all reasonable and documented expenses incurred by the Executive in connection with the performance of the Executive’s 's duties hereunder, including, without limitation, an annual allowance approved by the Board of Directors to cover expenses incurred as a result of the attendance by the Executive’s 's wife at a function or meeting where the Executive determines that her attendance is appropriate for business purposesappropriate.

Appears in 1 contract

Samples: Employment Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Perquisites; Expenses. During the Term of Employment, the Executive shall be entitled to receive such perquisites as CFC may determine to provide to its senior executive officers, and CFC shall reimburse the Executive for all reasonable and documented expenses incurred by the Executive in connection with the performance of the Executive’s duties hereunder, including, without limitation, an annual allowance approved by the Board to cover expenses incurred as a result of the attendance by the Executive’s wife at a function or meeting where the Executive determines that her attendance is appropriate for business purposesappropriate.

Appears in 1 contract

Samples: Employment Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

AutoNDA by SimpleDocs

Perquisites; Expenses. During the Term of Employment, the Executive shall be entitled to receive such perquisites as CFC may determine to provide to its senior executive officers, and CFC shall reimburse the Executive for all reasonable and documented expenses incurred by the Executive in connection with the performance of the Executive’s duties hereunder, including, without limitation, expenses incurred as a result of the attendance by the Executive’s wife at a function or meeting where the Executive determines that her attendance is appropriate for business purposesappropriate.

Appears in 1 contract

Samples: Employment Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!