Common use of Reimbursement of Business and Other Expenses Clause in Contracts

Reimbursement of Business and Other Expenses. (a) The Executive shall be authorized to incur reasonable business expenses in carrying out his duties and responsibilities under this Agreement which are consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, and the Company shall promptly reimburse him for all such expenses, subject to his satisfaction of Company requirements with respect to reporting and documentation of such expenses. (b) All amounts payable to the Executive as compensation hereunder shall be subject to all required and customary withholding by the Company.

Appears in 6 contracts

Samples: Employment Agreement (ACA Capital Holdings Inc), Employment Agreement (ACA Capital Holdings Inc), Employment Agreement (ACA Capital Holdings Inc)

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Reimbursement of Business and Other Expenses. (a) The Executive shall be is authorized to incur reasonable business expenses in carrying out his his/her duties and responsibilities under this Agreement which are consistent in accordance with Company policy including, but not limited to, expenses for travel and entertainment. The Company shall promptly reimburse Executive for all business expenses incurred in connection with carrying out the business of the Company, provided the Executive shall account for and substantiate all such expenses in accordance with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, and the Company shall promptly reimburse him for all such expenses, subject to his satisfaction of Company requirements with respect to reporting and documentation of such expensesits senior executives. (b) All amounts payable to The Company shall reimburse Executive for reasonable legal costs incurred by Executive in connection with the Executive as compensation hereunder shall be subject to all required and customary withholding by the Companyreview of this Employment Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Adelphia Communications Corp), Employment Agreement (Adelphia Communications Corp)

Reimbursement of Business and Other Expenses. (a) The Executive shall be is authorized to incur reasonable business expenses in carrying out his duties and responsibilities under this Agreement which are consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expensesAgreement, and the Company shall promptly reimburse him for all such expenses, subject to his satisfaction documentation in accordance with reasonable policies of Company requirements with respect to reporting and documentation of such expensesthe Company. (b) All amounts payable to The Company shall promptly reimburse the Executive as compensation hereunder shall be subject to for any and all required reasonable expenses (including, without limitation, attorneys’ fees and customary withholding other charges of counsel) incurred by him in connection with the negotiation and documentation of this Agreement and the Executive’s other employment arrangements with the Company.

Appears in 2 contracts

Samples: Employment Agreement (ACA Capital Holdings Inc), Employment Agreement (ACA Capital Holdings Inc)

Reimbursement of Business and Other Expenses. (a) The Executive shall be is authorized to incur reasonable business expenses in carrying out his duties and responsibilities under this Agreement which are consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, and the Company shall promptly reimburse him for all such expenses, subject to his satisfaction documentation in accordance with reasonable policies of Company requirements with respect to reporting and documentation of such expensesthe Company. (b) All amounts payable to The Company shall promptly reimburse the Executive as compensation hereunder shall be subject to for any and all required reasonable expenses (including, without limitation, reasonable attorneys’ fees and customary withholding other charges of counsel) incurred by him in connection with the Companynegotiation and documentation of this Agreement and other agreements contemplated hereby.

Appears in 1 contract

Samples: Employment Agreement (Optimark Holdings Inc)

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Reimbursement of Business and Other Expenses. (a) The Executive shall be authorized to incur reasonable business expenses in carrying out his her duties and responsibilities under this Agreement which are consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, and the Company shall promptly reimburse him her for all such expenses, subject to his her satisfaction of Company requirements with respect to reporting and documentation of such expenses. (b) All amounts payable to the Executive as compensation hereunder shall be subject to all required and customary withholding by the Company.

Appears in 1 contract

Samples: Employment Agreement (ACA Capital Holdings Inc)

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