Common use of Host Account Clause in Contracts

Host Account. The appointee shall have the use of an annual host account of $5,000.00 per fiscal year only while serving as the President. The host account for partial fiscal years of service as the President will be prorated. Expenditures from the host account shall be used to entertain donors and other guests and must conform to policies established by the Board of Regents and the Chancellor. Host account funds may be used to pay for transportation, lodging, and meal expenses (in accordance with the standard state reimbursement rates) of appointee’s spouse, companion or domestic partner when appointee’s spouse, companion or domestic partner is expected to accompany appointee to events outside the fifty-mile radius from home for the purpose of assisting appointee in representing the Institution. Out-of- state travel by appointee’s spouse, companion or domestic partner will require prior approval by the Chancellor.

Appears in 5 contracts

Samples: President Employment Agreement, Employment Agreement, Employment Agreement

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Host Account. The appointee Employee shall have the use of an annual host account of Five Thousand Dollars ($5,000.00 5,000.00) per fiscal year only while serving as the PresidentChancellor. The host account for partial fiscal years of service as the President Chancellor will be prorated. Expenditures from the host account shall be used to entertain donors and other guests and must conform to policies established by the Board of Regents and the ChancellorRegents. Host account funds may be used to pay for transportation, lodging, and meal expenses (in accordance with the standard state reimbursement rates) of appointeeEmployee’s spouse, companion or domestic partner when appointeeEmployee’s spouse, companion or domestic partner is expected to accompany appointee Employee to events outside the fifty-mile radius from home of Employee’s primary residence for the purpose of assisting appointee in representing the InstitutionNSHE. Out-of- of-state travel by appointee’s spouse, companion or domestic partner will require prior approval by the ChancellorChair of the Board of Regents.

Appears in 1 contract

Samples: Employment Agreement

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Host Account. The appointee Employee shall have the use of an annual host account of $5,000.00 per fiscal year only while serving as the President. The host account for partial fiscal years of service as the President will be prorated. Expenditures from the host account shall be used to entertain donors and other guests and must conform to policies established by the Board of Regents and the Chancellor. Host account funds may be used to pay for transportation, lodging, and meal expenses (in accordance with the standard state reimbursement rates) of appointeethe Employee’s spouse, companion or domestic partner when appointeethe Employee’s spouse, companion or domestic partner is expected to accompany appointee the Employee to events outside the fifty-mile radius from home for the purpose of assisting appointee the Employee in representing the Institution. Out-of- of-state travel by appointeethe Employee’s spouse, companion or domestic partner will require prior approval by the Chancellor.

Appears in 1 contract

Samples: Employment Agreement

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