Statement of Expenses. The Managing Director shall submit to the Company a statement of expenses by the end of the month following the month in which he incurs them. Expenses may be claimed following submission of the original receipts specifying the business purposes for which they have been incurred. The Company shall reimburse the Managing Director for the expenses within one month after he claims them, provided that the statement of expenses is sufficiently specified, the original payment receipts are attached, and the Company has approved them.
Appears in 4 contracts
Samples: Management Agreement, Management Agreement, Management Agreement
