Common use of Club Dues Clause in Contracts

Club Dues. The Company shall pay or reimburse the Executive for the monthly membership dues actually incurred by the Executive for one fitness or country club membership maintained by the Executive; provided that the payable or reimbursable amount shall not exceed $700 per month or such additional amount as may be subsequently approved by the Board or a committee thereof. For the avoidance of doubt, except as specifically provided for above, the Company shall not pay or reimburse the Executive for any other expenses associated with such club membership (including, but not limited to, any initiation fees and personal expenditures at such club).

Appears in 18 contracts

Samples: Employment Agreement (STORE CAPITAL Corp), Employment Agreement (STORE CAPITAL Corp), Employment Agreement (STORE CAPITAL Corp)

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Club Dues. The Company shall pay pay, or reimburse the Executive for for, the monthly membership dues actually incurred by the Executive for one fitness or country club membership maintained by the Executive; provided that the payable or reimbursable amount shall not exceed $700 1,000 per month or such additional higher amount as may be subsequently approved by the Board or a committee thereofCommittee. For the avoidance of doubt, except as specifically provided for above, the Company shall not pay pay, or reimburse the Executive for for, any other expenses associated with such club membership (including, but not limited to, any initiation fees and personal expenditures at such club).

Appears in 11 contracts

Samples: Employment Agreement (STORE CAPITAL Corp), Employment Agreement (STORE CAPITAL Corp), Employment Agreement (STORE CAPITAL Corp)

Club Dues. The Company shall pay pay, or reimburse the Executive for for, the monthly membership dues actually incurred by the Executive for one fitness or country club membership maintained by the Executive; provided that the payable or reimbursable amount shall not exceed $700 1,000 per month or such additional higher amount as may be subsequently approved by the Board or a committee thereofBoard. For the avoidance of doubt, except as specifically ​ ​ provided for above, the Company shall not pay pay, or reimburse the Executive for for, any other expenses associated with such club membership (including, but not limited to, any initiation fees and personal expenditures at such club).

Appears in 2 contracts

Samples: Employment Agreement (Store Capital LLC), Employment Agreement (Store Capital LLC)

Club Dues. The Company shall pay pay, or reimburse the Executive for for, the monthly membership dues actually incurred by the Executive for one fitness or country club membership maintained by the Executive; provided that the payable or reimbursable amount shall not exceed $700 1,000 per month or such additional higher amount as may be subsequently approved by the Board or a committee thereofBoard. For the avoidance of doubt, except as specifically provided for above, the Company shall not pay pay, or reimburse the Executive for for, any other expenses associated with such club membership (including, but not limited to, any initiation fees and personal expenditures at such club).

Appears in 1 contract

Samples: Employment Agreement (Store Capital LLC)

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Club Dues. The Company shall pay pay, or reimburse the Executive for for, the monthly membership dues actually incurred by the Executive for one fitness or country club membership maintained by the Executive; provided that the payable or reimbursable amount shall not exceed $700 1,000 per month or such additional higher amount as may be ​ ​ subsequently approved by the Board or a committee thereofBoard. For the avoidance of doubt, except as specifically provided for above, the Company shall not pay pay, or reimburse the Executive for for, any other expenses associated with such club membership (including, but not limited to, any initiation fees and personal expenditures at such club).

Appears in 1 contract

Samples: Employment Agreement (Store Capital LLC)

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