Common use of Reimbursement of Employee Expenses Clause in Contracts

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. 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 ir, 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 accounting 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. 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 of at least $500.00 per month incurred pursuant to and in conformity with the provisions of this Section provided that the Executive presents to the CompanyCompany with respect to all expenses above $500.00 in the aggregate each month: (a) An account book accounting 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. 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) available and (ii) for lodging or traveling away from home.

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 of at least $500.00 per month incurred which will cover miscellaneous expenses of the Executive incidental to the performance of his duties hereunder. Additionally, the Company will reimburse the Executive from time to time for all such business expenses incurred pursuant to and above $500.00 in conformity with the provisions of this Section aggregate each month provided that the Executive presents to the Company:Company with respect thereto: 13 (a) An account book accounting 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.