Reimbursement of Employee's Business Expenses. Employee is authorized by Employer to incur reasonable, ordinary and necessary business expenses associated with Employee's position as Executive Vice President of the College in promoting the College's general welfare, including expenditures for travel and mileage. Each month, Employee shall itemize business expenses for transportation, telephone calls, food and lodging, as may have been incurred by Employee for College business. Receipts for all expenses must accompany the monthly report. Mileage shall be reimbursed at the applicable IRS rate.
Reimbursement of Employee's Business Expenses. Employee is hereby --------------------------------------------- authorized by Employer to incur reasonable, ordinary, and necessary business expenses for conducting Employer's business, including expenditures for travel and entertainment. Employer shall reimburse diary, or similar record in which Employee has recorded, at or near the time each expenditure was made, (1) the amount of the expenditure, (2) the time, place, and nature of the travel or entertainment expense, (3) the business reason for the expense and the business benefit derived or expected to be derived therefrom, and (4) the names, occupations, and other data concerning individuals entertained sufficient to establish the amount, date, place, and essential character of (I) any expenditure for lodging while traveling away from home, and (ii) any other expenditure of Twenty-Five Dollars ($25.00) or more, except for transportation charges not readily available. Expenses of more than One Hundred Dollars ($100.00) must be approved by Employer's Chief Executive Officer or Chief Operating Officer prior to reimbursement.
Reimbursement of Employee's Business Expenses. Employee is authorized by Employer to incur reasonable, ordinary and necessary business expenses associated with Employee's position as President of the College in promoting the College's general welfare, including expenditures for travel, mileage and other than the automobile expenses as provided for above. Each month, Employee shall itemize business expenses for transportation, telephone calls, food and lodging, as may have been incurred by Employee for College business. Receipts for all expenses must accompany the monthly report.
