Common use of Promotional Expenses Clause in Contracts

Promotional Expenses. Executive is encouraged to incur reasonable expenses for promoting the Company's business. Such promotional expenses include travel, entertainment (including memberships in social and athletic clubs), professional advancement, and community service expenses. Executive agrees to bear those expenses except to the extent that those expenses are incurred at the Company's specific direction or those expenses are specifically authorized by the Company as expenses that the Company may pay directly or indirectly through reimbursement to Executive.

Appears in 8 contracts

Samples: Employment Continuity Agreement (LSB Bancshares Inc /Nc/), Employment Continuity Agreement (LSB Bancshares Inc /Nc/), Employment Continuity Agreement (LSB Bancshares Inc /Nc/)

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Promotional Expenses. The Executive is encouraged to incur reasonable expenses for promoting the Company's ’s business. Such promotional expenses include travel, entertainment (including memberships in social and athletic clubs), professional advancement, and community service expenses. The Executive agrees to bear those expenses except to the extent that those expenses are incurred at the Company's ’s specific direction or those expenses are specifically authorized by the Company as expenses that the Company may pay directly or indirectly through reimbursement to the Executive.

Appears in 7 contracts

Samples: Employment Continuity Agreement (LSB Bancshares Inc /Nc/), Waiver and Release Agreement (LSB Bancshares Inc /Nc/), Waiver and Release Agreement (LSB Bancshares Inc /Nc/)

Promotional Expenses. Executive is encouraged to incur reasonable expenses for promoting the Company's ’s business. Such promotional expenses include travel, entertainment (including memberships in social and athletic clubs), professional advancement, and community service expenses. Executive agrees to bear those expenses except to the extent that those expenses are incurred at the Company's ’s specific direction or those expenses are specifically authorized by the Company as expenses that the Company may pay directly or indirectly through reimbursement to Executive.

Appears in 2 contracts

Samples: Employment Continuity Agreement (LSB Bancshares Inc /Nc/), Employment Continuity Agreement (LSB Bancshares Inc /Nc/)

Promotional Expenses. Executive is encouraged and is expected, -------------------- from time to time, to incur reasonable expenses for promoting the Company's business. Such promotional expenses include travel, entertainment (including memberships in social and athletic clubs), professional advancement, and community service expenses. Executive agrees to bear those expenses except to the extent that those expenses are incurred at the Company's specific direction or those expenses are specifically authorized by the Company as expenses that the Company may pay directly or indirectly through reimbursement to Executive.

Appears in 1 contract

Samples: Control Agreement (Commercial Bancshares Inc /Wv/)

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Promotional Expenses. Executive is encouraged to incur reasonable expenses for promoting the Company's business. Such and is expected, -------------------- from time promotional expenses include travel, entertainment (including memberships in social and athletic clubs), professional advancement, and community service expenses. Executive agrees to bear those expenses except to the extent that those expenses are incurred at the Company's specific direction or those expenses are specifically authorized by the Company as expenses that the Company may pay directly or indirectly through reimbursement to Executive.

Appears in 1 contract

Samples: Control Agreement (Commercial Bancshares Inc /Wv/)

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