Common use of Professional Development Clause in Contracts

Professional Development. The Company will reimburse the Executive for education and professional development expenses related to courses or programs selected by the Executive in the energy sector up to $25,000 per calendar year. The Executive may take such courses during normal business hours and will not be required to utilize vacation time.

Appears in 16 contracts

Samples: Amended and Restated Employment Agreement (Recovery Energy, Inc.), Employment Agreement (Recovery Energy, Inc.), Employment Agreement (Recovery Energy, Inc.)

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Professional Development. The Company will reimburse the Executive for education and professional development expenses related to courses or programs selected by the Executive in the energy natural resources sector up to $25,000 10,000 per calendar year. The Executive may take such courses during normal business hours and will not be required to utilize vacation time.

Appears in 7 contracts

Samples: Employment Agreement (Prospect Global Resources Inc.), Amended and Restated Employment Agreement (Prospect Global Resources Inc.), Employment Agreement (Prospect Global Resources Inc.)

Professional Development. The Company will reimburse the Executive for education and professional development expenses related to courses or programs selected by the Executive in the energy natural resources sector up to $25,000 per calendar year. The Executive may take such courses during normal business hours and will not be required to utilize vacation time.

Appears in 2 contracts

Samples: Employment Agreement (Prospect Global Resources Inc.), Amended and Restated Employment Agreement (Prospect Global Resources Inc.)

Professional Development. The Company will reimburse the Executive for education and professional development expenses related to courses or programs selected by the Executive in the energy sector natural resources or financial services sectors up to $25,000 10,000 per calendar year. The Executive may take such courses during normal business hours and will not be required to utilize vacation time.

Appears in 1 contract

Samples: Employment Agreement (Prospect Global Resources Inc.)

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Professional Development. The Company will reimburse the Executive for education and professional development expenses related to courses or programs selected by the Executive in the energy sector up to $25,000 20,000 per calendar year. The Executive may take such courses during normal business hours and will not be required to utilize vacation time.

Appears in 1 contract

Samples: Employment Agreement (Recovery Energy, Inc.)

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