Common use of Miscellaneous Allowance Clause in Contracts

Miscellaneous Allowance. The Company will provide Executive with an annual allowance of $10,000 to be paid ratably throughout the year pursuant to the Company’s normal payroll practice, so long as similar benefits are provided to other members of the Executive Leadership Team. The Company may terminate such benefits at its discretion.

Appears in 1 contract

Sources: Employment Agreement (Churchill Downs Inc)

Miscellaneous Allowance. The Company will provide Executive with an annual allowance of $10,000 to be paid ratably throughout the year pursuant to the Company’s normal payroll practice, so long as similar benefits are provided to other members of the Executive Leadership Teamsenior executives. The Company may terminate such benefits at its discretion.

Appears in 1 contract

Sources: Employment Agreement (Churchill Downs Inc)