Common use of Professional Enrichment Clause in Contracts

Professional Enrichment. The Executive shall be granted up to ten (10) days during each twelve-month period of employment under this Agreement for the purpose of professional enrichment. Such shall include attendance as a guest and speaker at seminars and symposiums, and providing consulting and advice to private entities not in competition with the Company. The Executive shall provide the Company reasonable notice prior to the Executive’s utilization of a professional enrichment day. Executive shall be responsible for any expenses related to his professional enrichment activities, excluding professional enrichment activities with respect to Company related training or education. The Executive shall not be entitled to receive any compensation in lieu of such days, whether or not used during the applicable period. The Executive shall not be entitled to carryover any professional enrichment days from year to year. Upon the Board’s reasonable request, Executive shall provide the Board proof of any attendance at professional enrichment activities or functions.

Appears in 3 contracts

Samples: Visual Management Systems Executive Employment Agreement (Visual Management Systems Inc), Employment Agreement (Visual Management Systems Inc), Visual Management Systems Executive Employment Agreement (Visual Management Systems Inc)

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Professional Enrichment. The Executive shall be granted up to ten twenty (1020) days during each twelve-month period of employment under this Agreement for the purpose of professional enrichment. Such shall include attendance as a guest and speaker at seminars and symposiums, and providing consulting and advice to private entities not in competition with the Company. The Executive shall provide the Company reasonable notice prior to the Executive’s utilization of a professional enrichment day. Executive shall be responsible for any expenses related to his professional enrichment activities, excluding professional enrichment activities with respect to Company related training or education. The Executive shall not be entitled to receive any compensation in lieu of such days, whether or not used during the applicable period. The Executive shall not be entitled to carryover any professional enrichment days from year to year. Upon the Board’s reasonable request, Executive shall provide the Board proof of any attendance at professional enrichment activities or functions.

Appears in 2 contracts

Samples: Visual Management Systems Executive Employment Agreement (Visual Management Systems Inc), Visual Management Systems Executive Employment Agreement (Visual Management Systems Inc)

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Professional Enrichment. The Executive shall be granted up to ten fifteen (1015) days during each twelve-month period of employment under this Agreement for the purpose of professional enrichment. Such shall include attendance as a guest and speaker at seminars and symposiums, and providing consulting and advice to private entities not in competition with the Company. The Executive shall provide the Company reasonable notice prior to the Executive’s utilization of a professional enrichment day. Executive shall be responsible for any expenses related to his professional enrichment activities, excluding professional enrichment activities with respect to Company related training or education. The Executive shall not be entitled to receive any compensation in lieu of such days, whether or not used during the applicable period. The Executive shall not be entitled to carryover any professional enrichment days from year to year. Upon the Board’s reasonable request, Executive shall provide the Board proof of any attendance at professional enrichment activities or functions.

Appears in 1 contract

Samples: Executive Employment Agreement (Visual Management Systems Inc)

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