Professional Business Manager Expense. The term “Professional Business Manager Expense” shall mean an expense or cost incurred by the Professional Business Manager, for which the Professional Business Manager is financially liable and is not entitled to reimbursement from the Practice. Professional Business Manager Expense shall specifically include (a) any income or franchise taxes of the Professional Business Manager; (b) the expense of providing, leasing, purchasing or otherwise procuring and maintaining the Office equipment, including depreciation in the case of furniture and equipment; and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a practice management company’s usual arrangement with a practice.
Appears in 2 contracts
Samples: Professional Business Management Agreement (Eye Care Centers of America Inc), Employment Agreement (Eyemasters Inc)
Professional Business Manager Expense. The term “Professional Business Manager Expense” shall mean an expense or cost incurred by the Professional Business Manager, for which the Professional Business Manager is financially liable and is not entitled to reimbursement from the Practice. Professional Business Manager Expense shall specifically include (a) any income or franchise taxes of the Professional Business Manager; (b) the expense of providing, leasing, purchasing or otherwise procuring and maintaining the Office equipment, including depreciation in the case of furniture and equipment; , and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a practice management company’s usual arrangement with a practice.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Eyemasters Inc)
Professional Business Manager Expense. The term “"Professional Business Manager Expense” " shall mean an expense or cost incurred by the Professional Business Manager, for which the Professional Business Manager is financially liable and is not entitled to reimbursement from the Practice. Professional Business Manager Expense shall specifically include include: (a) any income or franchise taxes of the Professional Business Manager; (b) the expense of providing, leasing, purchasing or otherwise procuring and maintaining the Office equipment, including depreciation in the case of furniture and equipment; and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a national practice management company’s 's usual arrangement with a practicepractice it manages.
Appears in 1 contract
Samples: Business Management Agreement (Eye Care Centers of America Inc)
Professional Business Manager Expense. The term “"Professional Business Manager Expense” " shall mean an expense or cost incurred by the Professional Business Manager, for which the Professional Business Manager is financially liable and is not entitled to reimbursement from the Practice. Professional Business Manager Expense shall specifically include (a) any income or franchise taxes of the Professional Business Manager; (b) the expense of providing, leasing, purchasing or otherwise procuring and maintaining the Office equipment, including depreciation in the case of furniture and equipment; and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a practice management company’s 's usual arrangement with a practice.
Appears in 1 contract
Samples: Professional Business Management Agreement (Eye Care Centers of America Inc)
Professional Business Manager Expense. The term “"Professional Business Manager Expense” " shall mean an expense or cost incurred by the Professional Business Manager, for which the Professional Business Manager is financially liable and is not entitled to reimbursement from the Practice. Professional Business Manager Expense shall specifically include (a) any income or franchise taxes of the Professional Business Manager; (b) the expense of providing, leasing, purchasing or otherwise procuring and maintaining the Office equipment, including depreciation in the case of furniture and equipment; , and (c) any other expenses or costs that are not reasonable and customary reimbursements based upon a practice management company’s 's usual arrangement with a practice.
Appears in 1 contract
Samples: Employment Agreement (Eye Care Centers of America Inc)