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.)
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.)
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.
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