Common use of Reimbursement Payments Clause in Contracts

Reimbursement Payments. The following rules shall apply to payments of any amounts under this Agreement that are treated as “reimbursement payments” under Section 409A of the Code: (i) the amount of expenses eligible for reimbursement in one calendar year shall not limit the available reimbursements for any other calendar year (other than an arrangement providing for the reimbursement of medical expenses referred to in Section 105(b) of the Code); (ii) Employee shall file a claim for all reimbursement payments not later than thirty (30) days following the end of the calendar year during which the expenses were incurred, (iii) the Employer shall make such reimbursement payments within thirty (30) days following the date Employee delivers written notice of the expenses to the Employer; and (iv) Employee’s right to such reimbursement payments shall not be subject to liquidation or exchange for any other payment or benefit.

Appears in 11 contracts

Samples: Employment Agreement (Crestwood Equity Partners LP), Employment Agreement (Crestwood Midstream Partners LP), Employment Agreement (Crestwood Midstream Partners LP)

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Reimbursement Payments. The following rules shall apply to payments of any amounts under this Agreement that are treated as “reimbursement payments” under Section 409A of the Code: (i) the amount of expenses eligible for reimbursement in one calendar year shall not limit the available reimbursements for any other calendar year (other than an arrangement providing for the reimbursement of medical expenses referred to in Section 105(b) of the Code); (ii) Employee shall file a claim for all reimbursement payments not later than thirty (30) days following the end of the calendar year during which the expenses were incurred, (iii) the Employer shall make such reimbursement payments within thirty (30) days following the date Employee delivers written notice of the expenses to the Employer; and (iv) Employee’s right to such reimbursement payments shall not be subject to liquidation or exchange for any other payment or benefit.

Appears in 2 contracts

Samples: Employment Agreement (Crestwood Equity Partners LP), Employment Agreement (Crestwood Equity Partners LP)

Reimbursement Payments. The following rules shall apply to payments of any amounts under this Employment Agreement that are treated as "reimbursement payments" under Section 409A of the Code: (i) the amount of expenses eligible for reimbursement in one calendar year shall not limit the available reimbursements for any other calendar year (other than an arrangement providing for the reimbursement of medical expenses referred to in Section 105(b) of the Code); (ii) Employee the Executive shall file a claim for all reimbursement payments not later than thirty (30) days following the end of the calendar year during which the expenses were incurred, (iii) the Employer Company shall make such reimbursement payments within thirty (30) days following the date Employee the Executive delivers written notice of the expenses to the EmployerCompany and Bank; and (iv) Employee’s the Executive's right to such reimbursement payments shall not be subject to liquidation or exchange for any other payment or benefit. Such timing shall not be deemed a breach or violation of this Employment Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Cathay General Bancorp), Employment Agreement (Cathay General Bancorp)

Reimbursement Payments. The following rules shall apply to payments of any amounts under this Agreement that are treated as “reimbursement payments” under Section 409A of the Code: (i) the amount of expenses eligible for reimbursement in one calendar year shall not limit the available reimbursements for any other calendar year (other than an arrangement providing for the reimbursement of medical expenses referred to in Section 105(b) of the Code); (ii) Employee shall file a claim for all reimbursement payments not later than thirty (30) days following the end of the calendar year during which the expenses were incurred, (iii) the Employer Company shall make such reimbursement payments within thirty (30) days following the date Employee delivers written notice of the expenses to the EmployerCompany; and (iv) Employee’s right to such reimbursement payments shall not be subject to liquidation or exchange for any other payment or benefit.

Appears in 1 contract

Samples: Retirement Agreement (Southwestern Energy Co)

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Reimbursement Payments. The following rules shall apply to payments of any amounts under this Agreement that are treated as “reimbursement payments” under Section 409A of the Code409A, including any payments under Section 8(i) above: (iA) the amount of expenses eligible for reimbursement in one calendar year shall not limit the available reimbursements for any other calendar year (other than an arrangement providing for the reimbursement of medical expenses referred to in Section 105(b) of the Code); (iiB) Employee Executive shall file a claim for all reimbursement payments not later than thirty (30) days following the end of the calendar year during which the expenses were incurred, (iiiC) the Employer Company shall make such reimbursement payments within thirty (30) days following the date Employee Executive delivers written notice of the expenses to the EmployerCompany; and (ivD) EmployeeExecutive’s right to such reimbursement payments shall not be subject to liquidation or exchange for any other payment or benefit.

Appears in 1 contract

Samples: Executive Employment Agreement (Ipsco Tubulars Inc)

Reimbursement Payments. The following rules shall apply to payments of any amounts under this Agreement that are treated as “reimbursement payments” under Section 409A of the Code409A, including any payments under Section 8(i) above: (iA) the amount of expenses eligible for reimbursement in one calendar year shall not limit the available reimbursements for any other calendar year (other than an arrangement providing for the reimbursement of medical expenses referred to in Section 105(b) of the Code); (iiB) Employee the Executive shall file a claim for all reimbursement payments not later than thirty (30) days following the end of the calendar year during which the expenses were incurred, (iiiC) the Employer Company shall make such reimbursement payments within thirty (30) days following the date Employee the Executive delivers written notice of the expenses to the EmployerCompany; and (ivD) Employeethe Executive’s right to such reimbursement payments shall not be subject to liquidation or exchange for any other payment or benefit.

Appears in 1 contract

Samples: Employment Agreement (Ipsco Tubulars Inc)

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