Executive Expenses Clause Samples
The Executive Expenses clause defines which business-related costs incurred by an executive will be reimbursed by the company. Typically, this includes reasonable expenses such as travel, lodging, meals, and other costs directly related to the performance of the executive's duties, provided that proper documentation and approval procedures are followed. The core function of this clause is to ensure that executives are not personally burdened by necessary work expenses, while also setting clear boundaries and processes for reimbursement to prevent misunderstandings or misuse.
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Executive Expenses. During the Employment Period, Executive shall be entitled to be reimbursed for reasonable normal business expenses directly incurred in the performance of the Duties hereunder and in accordance with CGX Policies in effect from time to time; provided, however, that documentation supporting such expenses must be submitted to and approved by the CEO or the Board before such reimbursement is paid to Executive.
Executive Expenses. Executive shall not be responsible for the payment of any approved expenses incurred in connection with his employment with Company if such expenses are not paid by Company.
Executive Expenses. Executive shall be entitled to reimbursement for business expenses. Executive shall be expected to incur various business expenses customarily incurred by persons holding like positions, including but not limited to traveling, entertainment and similar expenses, all of which are to be incurred by Executive for the benefit of Company. Executive shall be subject to Company's policies regarding the reimbursement and non-reimbursement of said expense. Executive acknowledges that Company policies do not necessarily provide for the reimbursement of all expenses.
Executive Expenses. During the Employment Term, Executive shall be entitled to be reimbursed for reasonable and necessary expenses incurred by him in the performance of his duties hereunder and approved by Company including, but not limited to, expenses for entertainment, travel, meals, hotel accommodations, professional seminars and telephone expenses, subject to the submission by Executive of the documentation necessary to support the deductibility of such expenses by Company on its federal and state income tax returns, in such form as Company may require.
Executive Expenses. TOWN recognizes that certain expenses of a non-personal and job-affiliated nature are incurred by ATTORNEY and hereby agrees to reimburse such expenses upon presentation of a receipt and submission of the appropriate confining purchase requisition to the Mayor and Town Finance Department, in accordance with approved budgetary limitations and subject any policies and guidelines the Town Council may impose.
Executive Expenses. Any ordinary and necessary expenses incurred by the Executive on behalf of the Company which are directly connected with or pertaining to the furtherance of the business of the Company shall be reimbursed to the Executive upon receipt by the Company, within thirty (30) days from the date of expense, of a written statement with receipts attached stating: (i) the amount of such expense; (ii) the time and place that the expense was incurred; (iii) the business purpose of the expense; and (iv) the business relationship to the Company of persons entertained, if any.
Executive Expenses. Executive shall be reimbursed for expenses incurred in connection with his employment with Company as set forth on Schedule 6 hereof ("Expenses").
Executive Expenses. From the date of closing of the Merger Agreement until December 31, 2002 Executive’s business expenses shall be paid in accordance with the policies of QTA’s predecessor. Executive shall be expected to incur various business expenses customarily incurred by persons holding like positions, including but not limited to traveling, enteraintiment and similar expenses, all of which are to be incurred by Executive for the benefit of QTA. Commencing January 1, 2003, Executive shall be subject to QTA’s policies regarding the reinbursement and non-reimbursement of said expense. Executive acknowledges that QTA policies do not necessarily provide for the reimbursement of all expenses.
Executive Expenses. The Company shall pay or reimburse the Executive for all reasonable and necessary business expenses incurred or paid by the Executive in the performance of his duties and responsibilities hereunder, subject to any maximum annual limit and other restrictions on such expenses set by the Board for senior executives of the Company, and to such reasonable substantiation and documentation as may be specified by the Company from time to time. The Executive shall use reasonable efforts to purchase airline tickets in advance or otherwise take advantage of low-cost fares.
Executive Expenses. Company will pay or reimburse Executive for all expenses incurred by Executive on behalf of, or conducting business on behalf of, the Company’s business including, but not limited to, the following: (a) all travel and entertainment expenses, all air travel to be business class (or first class if there is no business class); (b) unlimited travel between Executive’s residence and any location at which he conducts his duties; (c) provide Executive with a suitable apartment for his use while in Peru; (d) reimburse Executive for any local taxes which may be incurred in Peru; and (e) reasonable attorney and accounting fees in connection with compliance with United States law and regulations, including but not limited to Securities Tax, Trade and Corporate compliance.