Common use of Reimbursement for Costs Clause in Contracts

Reimbursement for Costs. NU-MED shall pay all reasonable and necessary business expenses incurred by Consultant in the course of providing advice and services to NU-MED under the terms of this Agreement. Consultant shall obtain written authorization from an executive officer of NU-MED before committing to any such business expenditure in excess of five hundred dollars ($500). Consultant shall provide NU-MED with all receipts and/or other documentation concerning such business expenses and NU-MED, on receipt of documentation acceptable to it; including a statement setting forth the purpose of such expenses, persons contacted and the expectations or results of such conferences or contacts; shall pay such expenses within thirty (30) days of the receipt of such documentation. Consultant shall pay for all travel between Consultant’s offices and NU-MED’s offices.

Reimbursement for Costs. NU-MED shall pay all reasonable and necessary business expenses incurred by Consultant Advisor in the course of providing advice and services to NU-MED under the terms of this Agreement. Consultant Advisor shall obtain written authorization from an executive officer of NU-MED before committing to any such business expenditure in excess of five hundred dollars ($500). Consultant Advisor shall provide NU-MED with all receipts and/or other documentation concerning such business expenses and NU-MED, on receipt of documentation acceptable to it; including a statement setting forth the purpose of such expenses, persons contacted and the expectations or results of such conferences or contacts; shall pay such expenses within thirty (30) days of the receipt of such documentation. Consultant Advisor shall pay for all travel between ConsultantAdvisor’s offices and NU-MED’s offices.