Common use of Expenses and Services Clause in Contracts

Expenses and Services. 5.1 Consultant is authorized to incur reasonable expenses in carrying out his duties and responsibilities under this Agreement, including, without limitation, expenses for research services, travel, cellular telephone (including access charges and business calls), and business entertainment. Additionally, Consultant shall, after having obtaining the approval of the Company’s Chief Financial Officer, which shall not be unreasonably withheld, be authorized to incur reasonable expenses for the attendance of conferences in fields relating to therapeutic technologies, technology of interest to the Company, finance of biotechnology ventures, and similar items related to Consultant’s duties and responsibilities as Consultant deems necessary. Company will reimburse Consultant for all such expenses upon presentation by Consultant of appropriately itemized accounts of such expenditures or the Company will pay such expenses directly. 5.2 During the Term, Consultant shall be provided with office facilities and access to Company information and financial records and an experienced administrative assistant (which may be shared with no more than one senior executive officer) as is deemed appropriate by the Consultant and approved by the Company’s Chief Financial Officer and in the absence of a CFO, the Company’s CEO. Such services and facilities will not be diminished without the Consultant’s prior consent.

Appears in 1 contract

Sources: Consulting Agreement (Venus Beauty Supply Inc)

Expenses and Services. 5.1 Consultant is authorized to incur reasonable expenses in carrying out his duties and responsibilities under this Agreement, including, without limitation, expenses for research services, travel, cellular telephone (including access charges and business calls), and business entertainment. Additionally, Consultant shall, after having obtaining the approval of the Company’s Chief Financial Officer, which shall not be unreasonably withheld, be authorized to incur reasonable expenses for the attendance of conferences in fields relating to therapeutic technologies, technology of interest to the Company, finance of biotechnology ventures, and similar items related to Consultant’s duties and responsibilities as Consultant deems necessary. Company will reimburse Consultant for all such expenses upon presentation by Consultant of appropriately itemized accounts of such expenditures or the Company will pay such expenses directly. 5.2 . During the Term, Consultant shall be provided with office facilities and access to Company information and financial records and an experienced administrative assistant (which may be shared with no more than one senior executive officer) as is deemed appropriate by the Consultant and approved by the Company’s Chief Financial Officer and in the absence of a CFO, the Company’s CEO. Such services and facilities will not be diminished without the Consultant’s prior consent.

Appears in 1 contract

Sources: Securities Exchange Agreement (Venus Beauty Supply Inc)