Common use of Tax Preparation Expense Reimbursement Clause in Contracts

Tax Preparation Expense Reimbursement. The Company shall reimburse the Executive for the reasonable cost of the preparation of the Executive’s home country federal and state income tax returns by KPMG, or an alternate tax preparation service provider elected by the Executive and approved by the Company, for those calendar years falling entirely within the Term; provided that the maximum amount of tax preparation expense reimbursable by the Company pursuant to this sentence shall be $2,500 per annum. Prior to such payment the Executive shall provide to the Company any written substantiation for such expenses requested by the Company.

Appears in 4 contracts

Samples: Employment Agreement (Endurance Specialty Holdings LTD), Employment Agreement (Endurance Specialty Holdings LTD), Amended and Restated (Endurance Specialty Holdings LTD)

AutoNDA by SimpleDocs

Tax Preparation Expense Reimbursement. The Company shall reimburse the Executive for the reasonable cost of the preparation of the Executive’s home country federal and state income tax returns by KPMG, or an alternate tax preparation service provider elected by the Executive and approved by the Company, for those calendar years falling entirely within the Term; provided that the maximum amount of tax preparation expense reimbursable by the Company pursuant to this sentence shall be $2,500 3,600 per annum. Prior to such payment the Executive shall provide to the Company any written substantiation for such expenses requested by the Company.

Appears in 2 contracts

Samples: Non Executive Chairman Employment Agreement (Endurance Specialty Holdings LTD), Employment Agreement (Endurance Specialty Holdings LTD)

Tax Preparation Expense Reimbursement. The Company shall reimburse the Executive for the reasonable cost of the preparation of the Executive’s home country federal and state income tax returns by KPMG, or an alternate a tax preparation service provider elected by the Executive and approved by the Company, for the 2013 calendar year and those succeeding calendar years falling entirely within the Term; provided that the maximum amount of tax preparation expense reimbursable by the Company pursuant to this sentence shall be $2,500 3,600 per annum, subject to adjustment from time to time by the agreement of the Company and the Executive. Prior to such payment the Executive shall provide to the Company any written substantiation for such expenses requested by the Company.

Appears in 1 contract

Samples: Employment Agreement (Endurance Specialty Holdings LTD)

Tax Preparation Expense Reimbursement. The Company shall reimburse the Executive for the reasonable cost of the preparation of the Executive’s home country federal and state income tax returns by KPMG, or an alternate a tax preparation service provider elected by the Executive and approved by the Company, for the 2012 calendar year and those succeeding calendar years falling entirely within the Term; provided that the maximum amount of tax preparation expense reimbursable by the Company pursuant to this sentence shall be $2,500 3,600 per annum, subject to adjustment from time to time by the agreement of the Company and the Executive. Prior to such payment the Executive shall provide to the Company any written substantiation for such expenses requested by the Company.

Appears in 1 contract

Samples: Employment Agreement (Endurance Specialty Holdings LTD)

AutoNDA by SimpleDocs

Tax Preparation Expense Reimbursement. The Company shall reimburse the Executive for the reasonable cost of the preparation of the Executive’s home country federal and state income tax returns by KPMG, or an alternate tax preparation service provider elected by the Executive and approved by the Company, for those calendar years falling entirely within the Term; provided that the maximum amount of tax preparation expense reimbursable by the Company pursuant to this sentence shall be $2,500 [ ] per annum. Prior to such payment the Executive shall provide to the Company any written substantiation for such expenses requested by the Company.

Appears in 1 contract

Samples: Employment Agreement (Endurance Specialty Holdings LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.