Common use of Travel Expense Clause in Contracts

Travel Expense. The Employee will be reimbursed for all reasonable and documented travel and other reasonable and documented out-of-pocket expenses actually, exclusively, necessarily, and properly incurred by the Employee in connection with the performance of his duties and functions, subject to the policies of Klondex G&S in effect from time to time and the Employee first providing receipts or vouchers to Klondex G&S and reasonable particulars of such expenses within sixty (60) days after the date the expenses are incurred. If such expense qualifies hereunder for reimbursement, then Klondex G&S will reimburse the Employee for that expense within thirty (30) days thereafter. Each reimbursement must be made no later than the end of the calendar year following the calendar year in which the expense was incurred. The amount of reimbursements in any calendar year shall not affect the expenses eligible for reimbursement in the same or any other calendar year. The Employee's right to reimbursement may not be liquidated or exchanged for any other benefit.