Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (a) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (b) any reimbursement of an eligible expense shall be paid to Executive on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (c) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 20 contracts
Samples: Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc), Executive Employment Agreement (Precision Biosciences Inc)
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (ai) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (bii) any reimbursement of an eligible expense shall be paid to Executive on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (ciii) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 9 contracts
Samples: Executive Agreement (Envestnet, Inc.), Executive Agreement (Envestnet, Inc.), Executive Agreement (Envestnet, Inc.)
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: following (a) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (b) any reimbursement of an eligible expense shall be paid to Executive you on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (c) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 6 contracts
Samples: Executive Employment Agreement (Lifeway Foods Inc), Executive Employment Agreement (Lifeway Foods Inc), Executive Employment Agreement (Lifeway Foods Inc)
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (a) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (b) any reimbursement of an eligible expense shall be paid to the Executive on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (c) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 4 contracts
Samples: Executive Employment Agreement (Creatd, Inc.), Executive Employment Agreement (Creatd, Inc.), Executive Employment Agreement (Creatd, Inc.)
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (ai) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (bii) any reimbursement of an eligible expense shall be paid to the Executive on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (ciii) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 3 contracts
Samples: Chief Executive Officer Employment Agreement (Omnova Solutions Inc), Employment Agreement (Iradimed Corp), Employment Agreement (Sigma Labs, Inc.)
Reimbursements. To the extent required by Section Code section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (ai) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (bii) any reimbursement of an eligible expense shall be paid to the Executive on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (ciii) any right to reimbursements reimbursement or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 3 contracts
Samples: Change in Control Severance Agreement (Westbury Bancorp, Inc.), Change in Control Severance Agreement (Westbury Bancorp, Inc.), Change in Control Severance Agreement (Westbury Bancorp, Inc.)
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (ai) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (bii) any reimbursement of an eligible expense shall be paid to Executive YOU on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (ciii) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 2 contracts
Samples: Confidential Separation Agreement (Vertiv Holdings Co), Retirement Agreement and General Release and Waiver of Claims (Vertiv Holdings Co)
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (ai) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (bii) any reimbursement of an eligible expense shall be paid to Executive Employee on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (ciii) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 1 contract
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (ai) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (bii) any reimbursement of an eligible expense shall be paid to the Executive on or before the last day of the calendar year following the calendar year in which the expense was incurred; and (ciii) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.. (d)
Appears in 1 contract
Samples: Executive Employment Agreement (SCI Engineered Materials, Inc.)
Reimbursements. To the extent required by Section 409A, each reimbursement or in-kind benefit provided under this Agreement shall be provided in accordance with the following: (ai) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (bii) any reimbursement of an eligible expense shall be paid to the Executive on CONFIDENTIAL or before the last day of the calendar year following the calendar year in which the expense was incurred; and (ciii) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit.
Appears in 1 contract
Samples: Employment Agreement (Iradimed Corp)
