Reimbursement of Employee Expenses. Employee is authorized to incur ordinary, necessary and reasonable expenses in connection with the performance of his duties and responsibilities under this Agreement and for the promotion of the business and activities of the Company during the term hereof, including, without limitation, expenses for necessary travel and entertainment and other items of expenses required in the normal and routine course of Employee's employment hereunder. The Company will reimburse Employee from time to time for all such business expenses incurred pursuant to and in conformity with the provisions of this Section provided that Employee presents to the Company documentary evidence of such expenses necessary to satisfy the reporting requirements of the Internal Revenue Code of 1986, as amended.
Reimbursement of Employee Expenses. The Executive is authorized to incur ordinary, necessary and reasonable expenses in connection with the performance of his duties and responsibilities under this Agreement and for the promotion of the business and activities of the Company during the term hereof, including, without limitation, expenses for necessary travel and necessary travel and entertainment and other items of expenses required in the normal and routine course of the Executive's employment hereunder. The Company will reimburse the Executive from time to time for all such business expenses incurred pursuant to and in conformity with the provisions of this Section provided that the Executive presents to the Company:
(a) An account book in which the Executive recorded at or near the time each expenditure was made; (i) the amount of the expenditures, (ii) the time, place and designation of the type of entertainment and travel or other expenses, or the date and description of the gift (gifts made to one individual are not to exceed a total of Twenty-Five and No/100 Dollars ($25.00) in any taxable year); (iii) the business reason for the expenditure and the nature of the business benefit derived or expected to be derived as the result of the expenditure; and (iv) the names, occupations, addresses and other information concerning each person who was entertained or given a gift sufficient to establish the business relationship to the Company; and
(b) Documentary evidence (such as receipts or paid bills) which state sufficient information to establish the amount, date, place and essential character of the expenditure, for such expenditure (i) of Twenty-Five and No/100 Dollars ($25.00) or more except for transportation charges if not readily available) and (ii) for lodging or traveling away from home.
Reimbursement of Employee Expenses. Employee shall be expected to incur various business expenses customarily incurred by persons holding like positions, including, but not limited to, traveling, entertainment and similar expenses, all of which are to be incurred by Employee for the benefit of the Company. Subject to the Company's policy regarding the reimbursement of such expenses, the Company shall promptly reimburse Employee for such expenses at Employee's request, and Employee shall account to Company for such expenses.
Reimbursement of Employee Expenses. The Employee is authorized to incur reasonable business expenses for promoting the business of the Company, including expenditures for entertainment, food and travel. The Company will reimburse the Employee from time to time for all business expenses provided the Employee presents to the Company (a) receipts for the expenditure; (b) the time, place and designation of the type of entertainment, travel or other expense; (c) the business reason for the expenditure and the nature of the business benefit derived; and (d) such other information or evidence as the Company may reasonably require. PROPRIETARY RIGHTS
Reimbursement of Employee Expenses. Employee is authorized to incur ordinary, necessary and reasonable expenses in connection with the performance of his duties and responsibilities under this Agreement and for the promotion of the business and activities of the
Reimbursement of Employee Expenses. 5.1 The Employer will reimburse the Employee for reasonable business expenses related to the business of the Employer, including expenditures for entertainment, business promotion, and travel, according to policies and guidelines to be prescribed from time to time by the Board of Directors. The Employee shall be required to furnish to the Employer documentary evidence, as required for tax purposes, containing sufficient information to establish the amount, date, place, and the essential character of the expenditure.
Reimbursement of Employee Expenses. (a) All costs of every nature pertaining to all employees at the Hotels arising out of the employer-employee relationship, including, without limitation, salaries, benefits, bonuses, relocation costs, employment-related legal costs, costs incurred in connection with governmental laws and regulations, insurance rules, and such other expenses as Operator, in its reasonable discretion, may deem appropriate shall be an Operating Cost of the Hotels to the extent set forth in the Approved Budget and Lessee shall reimburse, indemnify and hold harmless Operator from all costs, expenses, liabilities and claims incurred in connection therewith.
(b) Subject to the prior written approval of Lessee, Operator may use employees of Operator who are not assigned to the Hotels to perform special services for the Hotels, and the cost of their salaries, payroll taxes and employee benefits shall be reimbursed to Operator as an Operating Expense to the extent such costs are set forth in the Approved Budget or otherwise approved by Lessee.
(c) Within limits set forth in the Approved Budget, employees of Operator other than those regularly employed at the Hotels shall be entitled to free room and board and the free use of all hotel facilities at such times as they visit the Hotels in connection with the management of the Hotels or are assigned temporarily to the Hotels to perform services for the Hotels. Likewise, employees regularly employed at the Hotel shall be entitled to free room and board and the free use of all hotel facilities in all other Hotels at such times as they visit other Hotels in connection with the management of such other Hotels or are assigned temporarily to such other Hotels to perform services for such other Hotels.
(d) Owner and Lessee shall be entitled to free room and board and the free use of all hotel facilities for their employees and other persons designated by Owner and Lessee.
Reimbursement of Employee Expenses. 5.01 The EMPLOYER shall reimburse the EMPLOYEE for reasonable out-of-pocket expenses incurred in connection with the performance of the EMPLOYEE’s duties pursuant to the Agreement upon the presentation of itemized accounts and receipts, subject to the EMPLOYER’s policies. The EMPLOYER in its reasonable discretion shall reimburse the EMPLOYEE for expenses related to any continuing educational courses, licenses, or professional associations required for the EMPLOYEE to perform his duties.
Reimbursement of Employee Expenses. 5.1 The Employer will reimburse the Employee for reasonable business expenses related to the business of the Employer, including expenditures for entertainment, business promotion, and travel, according to policies and guidelines to be prescribed from time to time by the Board of Directors. The Employee shall be required to furnish to the Employer documentary evidence, as required for tax purposes, containing sufficient information to establish the amount, date, place, and the essential character of the expenditure. Post-Employment Ownership of Stock
6.1 Limited only to the original seven (7) year term hereunder, but ending, if sooner, on the date the common shares of Steel Dynamics Holdings, Inc. ("Holdings") are sold in an initial public offering and Holdings' common shares are listed on any national securities exchange or quoted on the NASD automated quotation system, should the Employee's employment terminate hereunder, then:
(a) If termination shall have occurred prior to one year after the date of Mill Completion (the "First Anniversary"), for cause, as defined in Section 8.1, Holdings shall automatically become entitled to a reconveyance of the Employee's common shares, without the payment of any consideration by Holdings other than the price paid by the Employee for such shares (which shall be paid in cash); and Holdings shall be entitled to petition any court with jurisdiction herein for the appointment of a special master to effect such conveyance, such grant of authority herein being deemed to constitute a proxy coupled with an interest.
(b) If termination shall have occurred, unrelated to any Employer induced harassment or hostile work environment, because the Employee voluntarily resigns prior to the Mill Completion, Holdings shall automatically become entitled to the same reconveyance of the Employee's shares, for the same consideration, and with the same power to compel the reconveyance as set forth in Section 6.1(a). If termination shall have occurred because of the Employee's disability (Section 4.4) or death (Section 4.5) prior to the First Anniversary, or Employee's voluntary resignation, after the date of Mill Completion and prior to the First Anniversary, the Employee (or his estate) shall have the option, exercisable within one (1) year following termination, to sell or "put" his Common Shares to Holdings, for cash, for an amount, determined as of the date of termination, equal to two (2) years of his base salary, as described in Sect...
Reimbursement of Employee Expenses. The Executive is authorized to incur ordinary, necessary and reasonable expenses in connection with the performance of the Executive’s duties and responsibilities under this Agreement and for the promotion of the business and activities of the Company during the Employment Period, including, without limitation, expenses for necessary travel and entertainment and other items of expenses required in the normal and routine course of the Executive’s employment hereunder. The Company shall reimburse the Executive from time to time for all such business expenses incurred pursuant to and in conformity with the provisions of this Section and the policies and practices of the Company then in effect relative to the reimbursement of business expenses.
