Common use of Working Facilities and Expenses Clause in Contracts

Working Facilities and Expenses. Executive’s principal place of employment shall be the Company’s principal executive offices. The Company shall provide Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries shall provide Executive with an automobile suitable to the position of President and Chief Executive Officer of the Company, and such automobile may be used by Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company shall reimburse Executive for the cost of maintenance, use and servicing of such automobile. The Company shall reimburse Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the Company, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company of an itemized account of the expenses in such form as the Company may reasonably require.

Appears in 3 contracts

Samples: Employment Agreement (Investors Bancorp Inc), Employment Agreement (New Investors Bancorp, Inc.), Employment Agreement (Atlantic Liberty Financial Corp)

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Working Facilities and Expenses. Executive’s principal place of employment shall be the Company’s principal executive offices. The Company shall provide Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries shall provide Executive with an automobile suitable to the position of Executive Vice President and Chief Executive Operating Officer of the Company, and such automobile may be used by Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company shall reimburse Executive for the cost of maintenance, use and servicing of such automobile. The Company shall reimburse Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the Company, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company of an itemized account of the expenses in such form as the Company may reasonably require.

Appears in 2 contracts

Samples: Employment Agreement (Investors Bancorp Inc), Employment Agreement (New Investors Bancorp, Inc.)

Working Facilities and Expenses. Executive’s 's principal place of employment shall be the Company’s 's principal executive offices. The Company shall provide Executive, at his principal place of employment, with a private office, stenographic secretarial services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries shall provide Executive with an automobile suitable to the position of President and Chief Executive Officer of the Company, and such automobile may be used by Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company shall reimburse Executive for the cost of maintenance, use and servicing of such automobile. The Company shall reimburse Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the Company, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company of an itemized account of the expenses in such form as the Company may reasonably require.

Appears in 2 contracts

Samples: First Federal Bankshares Inc, First Federal Bankshares Inc

Working Facilities and Expenses. The Executive’s 's principal place of employment shall be at the Company’s Association's principal executive offices. The Company Association shall provide the Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company Association and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries Association shall provide the Executive with an automobile suitable to the position of President and Chief Executive Officer ______________ of the CompanyAssociation, and such automobile may be used by the Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company Association shall reimburse Executive the executive for the cost of maintenance, use and servicing of such automobile. The Company Association shall reimburse the Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the CompanyAssociation, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company Association of an itemized account of the expenses in such form as the Company Association may reasonably require.

Appears in 1 contract

Samples: Employment Agreement (Dsa Financial Corp)

Working Facilities and Expenses. Executive’s 's principal place of employment shall be the Company’s 's principal executive offices. The Company shall provide Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries shall provide Executive with an automobile suitable to the position of President and Chief Executive Officer of the Company, and such automobile may be used by Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company shall reimburse Executive for the cost of maintenance, use and servicing of such automobile. The Company shall reimburse Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the Company, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company of an itemized account of the expenses in such form as the Company may reasonably require.

Appears in 1 contract

Samples: Magyar Bancorp, Inc.

Working Facilities and Expenses. The Executive’s 's principal place of employment shall be at the Company’s Association's principal executive offices. The Company Association shall provide the Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company Association and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries Association shall provide the Executive with an automobile suitable to the position of President and Chief Executive Officer of the CompanyAssociation, and such automobile may be used by the Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company Association shall reimburse Executive the executive for the cost of maintenance, use and servicing of such automobile. The Company Association shall reimburse the Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the CompanyAssociation, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company Association of an itemized account of the expenses in such form as the Company Association may reasonably require.

Appears in 1 contract

Samples: Atlantic Liberty Financial Corp

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Working Facilities and Expenses. Executive’s 's principal place of employment shall be the Company’s 's principal executive offices. The Company shall provide Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries shall provide Executive with an automobile suitable to the position of President and Chief Executive Officer ____________________________ of the Company, and such automobile may be used by Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company shall reimburse Executive for the cost of maintenance, use and servicing of such automobile. The Company shall reimburse Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the Company, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company of an itemized account of the expenses in such form as the Company may reasonably require.

Appears in 1 contract

Samples: Employment Agreement (Investors Bancorp Inc)

Working Facilities and Expenses. Executive’s 's principal place of employment shall be the Company’s 's principal executive offices. The Company shall provide Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries affiliates shall provide Executive with an automobile suitable to the position of President Chairman of the Board and Chief Executive Officer of the Company, and such automobile may be used by Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company shall reimburse Executive for the cost of maintenance, use and servicing of such automobile. The Company shall reimburse Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that Executive and the Board mutually agree are necessary and appropriate to further the business of the Company, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company submission of an itemized account of the expenses in such form appropriate invoices or vouchers as the Company may reasonably requireshall specify.

Appears in 1 contract

Samples: Employment Agreement (ES Bancshares, Inc.)

Working Facilities and Expenses. The Executive’s 's principal place of employment shall be the Company’s 's principal executive offices. The Company shall provide the Executive, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his duties under this Agreement. The Company and/or its subsidiaries shall provide the Executive with an automobile suitable to the position of President and Chief Executive Officer of the Company, and such automobile may be used by the Executive in carrying out his duties under this Agreement and for his personal use such as commuting between his residence and his principal place of employment. The Company shall reimburse Executive the executive for the cost of maintenance, use and servicing of such automobile. The Company shall reimburse the Executive for his ordinary and necessary business expenses incurred in connection with the performance of his duties under this Agreement, including, without limitation, fees for memberships in such clubs and organizations that the Executive and the Board mutually agree are necessary and appropriate to further the business of the Company, and travel and reasonable entertainment expenses. Reimbursement of such expenses shall be made upon presentation to the Company of an itemized account of the expenses in such form as the Company may reasonably require.

Appears in 1 contract

Samples: Employment Agreement (Atlantic Liberty Financial Corp)

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