Common use of Reimbursement of Expenditures Clause in Contracts

Reimbursement of Expenditures. The Company will reimburse the Executive for all reasonable expenditures incurred by the Executive in the course of his employment or in promoting the interests of the Company, including expenditures for (i) transportation, lodging and meals during overnight business trips, (ii) business meals and entertainment, (iii) supplies and business equipment, (iv) long-distance telephone calls and (v) membership dues of business associations. Notwithstanding the foregoing, the Company will have no obligation to pay reimbursements under this Section 2.4 unless the Executive submits timely reports of his expenditures to the Company in the manner prescribed by the Company and the rules and regulations underlying Section 162 of the Internal Revenue Code (the “Code”).

Appears in 4 contracts

Samples: Executive Employment Agreement (Ptek Holdings Inc), Executive Employment Agreement (Ptek Holdings Inc), Executive Employment Agreement (Ptek Holdings Inc)

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Reimbursement of Expenditures. The Company will reimburse ----------------------------- the Executive for all reasonable expenditures incurred by the Executive in the course of his employment or in promoting the interests of the Company, including expenditures for (i) transportation, lodging and meals during overnight business trips, (ii) business meals and entertainment, (iii) supplies and business equipment, (iv) long-distance telephone calls and (v) membership dues of business associations. Notwithstanding the foregoing, the Company will have no obligation to pay reimbursements under this Section 2.4 2.6 unless the Executive submits timely reports of his expenditures to the Company in the manner prescribed by the Company Board and the rules and regulations underlying Section 162 of the Internal Revenue Code (the "Code").

Appears in 1 contract

Samples: Employment and Incentive Option Agreement (Premiere Technologies Inc)

Reimbursement of Expenditures. The Company will reimburse the ----------------------------- Executive for all reasonable expenditures incurred by the Executive in the course of his employment or in promoting the interests of the Company, including expenditures for (i) transportation, lodging and meals during overnight business trips, (ii) business meals and entertainment, (iii) supplies and business equipment, (iv) long-distance telephone calls and (v) membership dues of business associations. Notwithstanding the foregoing, the Company will have no obligation to pay reimbursements under this Section 2.4 2.6 unless the Executive submits timely reports of his expenditures to the Company in the manner prescribed by the Company Board and the rules and regulations underlying Section 162 of the Internal Revenue Code (the "Code").

Appears in 1 contract

Samples: Stock Pledge Agreement (Premiere Technologies Inc)

Reimbursement of Expenditures. The Company will reimburse the Executive for all reasonable expenditures incurred by the Executive in the course of his employment or in promoting the interests of the Company, including expenditures for (i) transportation, lodging and meals during overnight business trips, (ii) business meals and entertainment, (iii) supplies and business equipment, (iv) long-distance telephone calls and (v) membership dues of business associations. Notwithstanding the foregoing, the Company will have no obligation to pay reimbursements under this Section 2.4 2.5 unless the Executive submits timely reports of his expenditures to the Company in the manner prescribed by the Company and the rules and regulations underlying Section 162 of the Internal Revenue Code (the “Code”).

Appears in 1 contract

Samples: Executive Employment Agreement (Ptek Holdings Inc)

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Reimbursement of Expenditures. The Company will reimburse ----------------------------- the Executive for all reasonable expenditures incurred by the Executive in the course of his employment or in promoting the interests of the Company, including expenditures for (i) transportation, lodging and meals during overnight business trips, (ii) business meals and entertainment, (iii) supplies and business equipment, (iv) long-distance telephone calls and (v) membership dues of business associations. Notwithstanding the foregoing, the Company will have no obligation to pay reimbursements under this Section 2.4 unless the Executive submits timely reports of his expenditures to the Company in the manner prescribed by the Company Board and the rules and regulations underlying Section 162 of the Internal Revenue Code (the "Code").

Appears in 1 contract

Samples: Employment Agreement (Premiere Technologies Inc)

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