Common use of Non-Accountable Expense Allowance Clause in Contracts

Non-Accountable Expense Allowance. The Corporation shall provide to Employee an annual Two Hundred Thousand Dollar ($200,000) non-accountable expense allowance (the “Non-Accountable Expense Allowance”), which amount will be payable in equal monthly installments. The Corporation shall not be required to pay, and Employee shall not be entitled to demand, the Non-Accountable Expense Allowance for any month that Employee is not actively engaged in the duties of Creative and Design Chief.

Appears in 3 contracts

Samples: Employment Agreement (Steven Madden, Ltd.), Employment Agreement (Steven Madden, Ltd.), Employment Agreement (Steven Madden, Ltd.)

AutoNDA by SimpleDocs

Non-Accountable Expense Allowance. The Corporation shall provide to Employee an annual Two Hundred Thousand Dollar ($200,000) non-accountable expense allowance (the "Non-Accountable Expense Allowance"), which amount will be payable in equal monthly installments. The Corporation shall not be required to pay, and Employee shall not be entitled to demand, the Non-Accountable Expense Allowance for any month that Employee is not actively engaged in the duties of Creative and Design Chief.

Appears in 2 contracts

Samples: Employment Agreement (Steven Madden, Ltd.), Employment Agreement (Madden Steven LTD)

Non-Accountable Expense Allowance. The Corporation shall provide to Employee an annual Two Hundred Thousand Dollar ($200,000) non200,000)non-accountable expense allowance (the “Non-Accountable Expense Allowance”), which amount will be payable in equal monthly installments. The Corporation shall not be required to pay, and Employee shall not be entitled to demand, the Non-Accountable Expense Allowance for any month that Employee is not actively engaged in the duties of Creative and Design Chief.

Appears in 2 contracts

Samples: Employment Agreement (Madden Steven), Employment Agreement (Steven Madden, Ltd.)

AutoNDA by SimpleDocs

Non-Accountable Expense Allowance. The Corporation shall provide to Employee an annual Two Hundred Thousand Dollar ($200,000) non200,000)non-accountable expense allowance (the "Non-Accountable Expense Allowance"), which amount will be payable in equal monthly installments. The Corporation shall not be required to pay, and Employee shall not be entitled to demand, the Non-Accountable Expense Allowance for any month that Employee is not actively engaged in the duties of Creative and Design Chief.

Appears in 1 contract

Samples: Employment Agreement (Steven Madden, Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.