REIMBURSEMENT RULES. The “Reimbursement Rules” means the requirement that any amount of expenses eligible for reimbursement under this Agreement be made (i) in accordance with the reimbursement payment date set forth in the applicable provision of this Agreement providing for the reimbursement or (ii) where the applicable provision does not provide for a reimbursement date, thirty (30) calendar days following the date on which the Executive incurs the expenses, but, in each case, no later than December 31 of the year following the year in which the Executive incurs the related expenses; provided, that in no event shall the reimbursements or in-kind benefits to be provided by the Company in one taxable year affect the amount of reimbursements or in-kind benefits to be provided in any other taxable year, nor shall the Executive’s right to reimbursement or in-kind benefits be subject to liquidation or exchange for another benefit.
REIMBURSEMENT RULES. The “Reimbursement Rules” means the requirement that any amount of expenses eligible for reimbursement under this Agreement be made (i) in accordance with the reimbursement payment date set forth in the applicable provision of this Agreement providing for the reimbursement or (ii) where the applicable provision does not provide for a reimbursement date, thirty (30) calendar days following the date on which the Employee incurs the expenses, but, in each case, no later than December 31 of the year following the year in which the Employee incurs the related expenses; provided, that in no event shall the reimbursements or in-kind benefits to be provided by the Company in one taxable year affect the amount of reimbursements or in-kind benefits to be provided in any other taxable year, nor shall the Employee’s right to reimbursement or in-kind benefits be subject to liquidation or exchange for another benefit. Notwithstanding the foregoing, all reimbursements relating to the Additional Delayed Payments (as hereinafter defined) shall be made on the Permissible Payment Date (as hereinafter defined).
REIMBURSEMENT RULES a. In the event Employee is required to make reimbursement, the total remaining reimbursement amount as calculated hereinabove is due to Employer within 30 days from the date of resignation, dismissal, contract breach or termination. The Employer, in its sole discretion, may retain and deduct from Employee’s last payroll check any amount due and payable to the extent allowed by law to offset the reimbursement amounts due to Employer. Any amounts remaining unpaid after 30 days and any payroll check offsets will be a debt owed to Employer drawing interest at 6% per annum until paid in full.
REIMBURSEMENT RULES. Any reimbursements made or in-kind benefits provided under this Agreement shall be subject to the following conditions:
