Common use of Dispensary Expense Clause in Contracts

Dispensary Expense. The term “Dispensary Expense” shall mean all operating and non-operating expenses incurred by the Retail Business Manager in the provision of Management Services (as defined below) to the Practice and shall include all operating and non-operating expenses incurred by the Practice relating to the items set forth in this Section. The Retail Business Manager shall be reimbursed by the Practice for any Dispensary Expense incurred by the Retail Business Manager in the provision of services to the Practice, upon request by the Retail Business Manager. Dispensary Expense shall not include any Retail Business Manager Expense, Practice Expense or Shareholder Expense or any state, local or federal income or franchise tax. Without limitation, Dispensary Expense shall include the following expenses:

Appears in 2 contracts

Samples: Retail Business Management Agreement (Eye Care Centers of America Inc), Employment Agreement (Eyemasters Inc)

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Dispensary Expense. The term “Dispensary Expense” shall mean all operating and non-operating expenses incurred by the Retail Business Manager in the provision of Management Services (as defined below) to the Practice and shall include all operating and non-operating expenses incurred by the Practice relating to the items set forth in this Section. The Retail Business Manager shall be reimbursed by the Practice for any reasonable Dispensary Expense incurred by the Retail Business Manager in the provision of services to the Practice, upon request by the Retail Business Manager. Dispensary Expense shall not include any Retail Business Manager Expense, Practice Expense or Shareholder Expense or any state, local or federal income or franchise tax. Without limitation, Dispensary Expense shall include the following expenses:

Appears in 1 contract

Samples: Employment Agreement (Eyemasters Inc)

Dispensary Expense. The term "Dispensary Expense" shall mean all operating and non-operating expenses incurred by the Retail Business Manager in the provision of Management Services (as defined below) to the Practice and shall include all operating and non-operating expenses incurred by the Practice relating to the items set forth in this Section. The Retail Business Manager shall be reimbursed by the Practice for any reasonable Dispensary Expense incurred by the Retail Business Manager in the provision of services to the Practice, upon request by the Retail Business Manager. Dispensary Expense shall not include any Retail Business Manager Expense, Practice Expense or Shareholder Expense or any state, local or federal income or franchise tax. Without limitation, Dispensary Expense shall include the following expenses:

Appears in 1 contract

Samples: Retail Business Management Agreement (Eye Care Centers of America Inc)

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Dispensary Expense. The term "Dispensary Expense" shall mean all operating and non-operating expenses incurred by the Retail Business Manager in the provision of Management Services (as defined below) to the Practice and shall include all operating and non-operating expenses incurred by the Practice relating to the items set forth in this Section. The Retail Business Manager shall be reimbursed by the Practice for any Dispensary Expense incurred by the Retail Business Manager in the provision of services to the Practice, upon request by the Retail Business Manager. Dispensary Expense shall not include any Retail Business Manager Expense, Practice Expense or Shareholder Expense or any state, local or federal income or franchise tax. Without limitation, Dispensary Expense shall include the following expenses:

Appears in 1 contract

Samples: Employment Agreement (Eye Care Centers of America Inc)

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