Common use of Working Facilities and Expenses Clause in Contracts

Working Facilities and Expenses. Mx. Xxxxx’x principal place of employment shall be at the Company’s executive offices at the address first above written, or at such other location in the New York metropolitan area as determined by the Board. The Company shall provide Mx. Xxxxx, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his assigned duties under this Agreement. The Company shall provide Mx. Xxxxx with an automobile suitable to his position with the Company in accordance with its prior practices, and such automobile shall be used by Mx. Xxxxx in carrying out his duties under this Agreement, including commuting between his residence and his principal place of employment. The Company shall (i) reimburse Mx. Xxxxx for the cost of maintenance and servicing such automobile and, for instance, gasoline and oil for such automobile; (ii) reimburse Mx. Xxxxx for his ordinary and necessary business expenses, incurred in the performance of his duties under this Agreement (including but not limited to travel and entertainment expenses); and (iii) reimburse Mx. Xxxxx for fees for memberships in such clubs and organizations as Mx. Xxxxx and the Company and such other expenses as Mx. Xxxxx and the Company shall mutually agree are necessary and appropriate for business purposes, upon presentation to the Company of an itemized account of such expenses in such form as the Company may reasonably require, each such reimbursement payment to be made promptly following receipt of the itemized account and in any event not later than the last day of the year following the year in which the expense was incurred. Mx. Xxxxx shall be entitled to no less than four (4) weeks of paid vacation during each year in the Employment Period. Mx. Xxxxx shall be responsible for the payment of any taxes on account of his personal use of the automobile provided by the Company and on account of any other benefit provided herein.

Appears in 3 contracts

Samples: Employment Agreement (Dime Community Bancshares Inc), Amended And (Dime Community Bancshares Inc), Amended And (Dime Community Bancshares Inc)

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Working Facilities and Expenses. Mx. Xxxxx’x Xxxxxx’x principal place of employment shall be at the Company’s executive offices at the address first above written, or at such other location in the New York metropolitan area as determined by the Board. The Company shall provide Mx. XxxxxXxxxxx, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his assigned duties under this Agreement. The Company shall provide Mx. Xxxxx Xxxxxx with an automobile suitable to his position with the Company in accordance with its prior practices, and such automobile shall be used by Mx. Xxxxx Xxxxxx in carrying out his duties under this Agreement, including commuting between his residence and his principal place of employment. The Company shall (i) reimburse Mx. Xxxxx Xxxxxx for the cost of maintenance and servicing such automobile and, for instance, gasoline and oil for such automobile; (ii) reimburse Mx. Xxxxx Xxxxxx for his ordinary and necessary business expenses, incurred in the performance of his duties under this Agreement (including but not limited to travel and entertainment expenses); and (iii) reimburse Mx. Xxxxx Xxxxxx for fees for memberships in such clubs and organizations as Mx. Xxxxx Xxxxxx and the Company and such other expenses as Mx. Xxxxx Xxxxxx and the Company shall mutually agree are necessary and appropriate for business purposes, upon presentation to the Company of an itemized account of such expenses in such form as the Company may reasonably require, each such reimbursement payment to be made promptly following receipt of the itemized account and in any event not later than the last day of the year following the year in which the expense was incurred. Mx. Xxxxx Xxxxxx shall be entitled to no less than four (4) weeks of paid vacation during each year in the Employment Period. Mx. Xxxxx Xxxxxx shall be responsible for the payment of any taxes on account of his personal use of the automobile provided by the Company and on account of any other benefit provided herein.

Appears in 3 contracts

Samples: Employment Agreement (Dime Community Bancshares Inc), Amended And (Dime Community Bancshares Inc), Amended And (Dime Community Bancshares Inc)

Working Facilities and Expenses. Mx. Xxxxx’x Xxxxxxxxx’x principal place of employment shall be at the Company’s executive offices at the address first above written, or at such other location in the New York metropolitan area as determined by the Board. The Company shall provide Mx. XxxxxXxxxxxxxx, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company and necessary or appropriate in connection with the performance of his assigned duties under this Agreement. The Company shall provide Mx. Xxxxx Xxxxxxxxx with an automobile suitable to his position with the Company in accordance with its prior practices, and such automobile shall be used by Mx. Xxxxx Xxxxxxxxx in carrying out his duties under this Agreement, including commuting between his residence and his principal place of employment. The Company shall (i) reimburse Mx. Xxxxx Xxxxxxxxx for the cost of maintenance and servicing such automobile and, for instance, gasoline and oil for such automobile; (ii) reimburse Mx. Xxxxx Xxxxxxxxx for his ordinary and necessary business expenses, incurred in the performance of his duties under this Agreement (including but not limited to travel and entertainment expenses); and (iii) reimburse Mx. Xxxxx Xxxxxxxxx for fees for memberships in such clubs and organizations as Mx. Xxxxx Xxxxxxxxx and the Company and such other expenses as Mx. Xxxxx Xxxxxxxxx and the Company shall mutually agree are necessary and appropriate for business purposes, upon presentation to the Company of an itemized account of such expenses in such form as the Company may reasonably require, each such reimbursement payment to be made promptly following receipt of the itemized account and in any event not later than the last day of the year following the year in which the expense was incurred. Mx. Xxxxx Xxxxxxxxx shall be entitled to no less than four (4) weeks of paid vacation during each year in the Employment Period. Mx. Xxxxx Xxxxxxxxx shall be responsible for the payment of any taxes on account of his personal use of the automobile provided by the Company and on account of any other benefit provided herein.

Appears in 3 contracts

Samples: Employment Agreement (Dime Community Bancshares Inc), Employment Agreement (Dime Community Bancshares Inc), Employment Agreement (Dime Community Bancshares Inc)

Working Facilities and Expenses. MxXx. Xxxxx’x Xxxxxxxxx'x principal place of employment shall be at the Company’s Bank's executive offices at the address first above written, or at such other location in the New York metropolitan area as determined by the Board. The Company Bank shall provide MxXx. XxxxxXxxxxxxxx, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company Bank and necessary or appropriate in connection with the performance of his assigned duties under this Agreement. The Company Bank shall provide MxXx. Xxxxx Xxxxxxxxx with an automobile suitable to his position with the Company Bank in accordance with its prior practices, and such automobile shall be used by MxXx. Xxxxx Xxxxxxxxx in carrying out his duties under this Agreement, including commuting between his residence and his principal place of employment. The Company Bank shall (i) reimburse MxXx. Xxxxx Xxxxxxxxx for the cost of maintenance and servicing such automobile and, for instance, gasoline and oil for such automobile; (ii) reimburse MxXx. Xxxxx Xxxxxxxxx for his ordinary and necessary business expenses, expenses incurred in the performance of his duties under this Agreement (including but not limited to travel and entertainment expenses); and (iii) reimburse MxXx. Xxxxx Xxxxxxxxx for fees for memberships in such clubs and organizations as MxXx. Xxxxx Xxxxxxxxx and the Company Bank, and such other expenses as MxXx. Xxxxx Xxxxxxxxx and the Company Bank, shall mutually agree are necessary and appropriate for business purposes, upon presentation to the Company Bank of an itemized account of such expenses in such form as the Company Bank may reasonably require, each such reimbursement payment to be made promptly following receipt of the itemized account and in any event not later than the last day of the year following the year in which the expense was incurred. MxXx. Xxxxx Xxxxxxxxx shall be entitled to no less than four (4) weeks of paid vacation during each year in the Employment Period. MxXx. Xxxxx Xxxxxxxxx shall be responsible for the payment of any taxes on account of his personal use of the automobile provided by the Company Bank and on account of any other benefit provided herein.

Appears in 2 contracts

Samples: Employment Agreement (Dime Community Bancshares Inc), Employment Agreement (Dime Community Bancshares Inc)

Working Facilities and Expenses. MxXx. Xxxxx’x Xxxxxx'x principal place of employment shall be at the Company’s Bank's executive offices at the address first above written, or at such other location in the New York metropolitan area as determined by the Board. The Company Bank shall provide MxXx. XxxxxXxxxxx, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company Bank and necessary or appropriate in connection with the performance of his assigned duties under this Agreement. The Company Bank shall provide MxXx. Xxxxx Xxxxxx with an automobile suitable to his position with the Company Bank in accordance with its prior practices, and such automobile shall be used by MxXx. Xxxxx Xxxxxx in carrying out his duties under this Agreement, including commuting between his residence and his principal place of employment. The Company Bank shall (i) reimburse MxXx. Xxxxx Xxxxxx for the cost of maintenance and servicing such automobile and, for instance, gasoline and oil for such automobile; (ii) reimburse MxXx. Xxxxx Xxxxxx for his ordinary and necessary business expenses, expenses incurred in the performance of his duties under this Agreement (including but not limited to travel and entertainment expenses); and (iii) reimburse MxXx. Xxxxx Xxxxxx for fees for memberships in such clubs and organizations as MxXx. Xxxxx Xxxxxx and the Company Bank, and such other expenses as MxXx. Xxxxx Xxxxxx and the Company Bank, shall mutually agree are necessary and appropriate for business purposes, upon presentation to the Company Bank of an itemized account of such expenses in such form as the Company Bank may reasonably require, each such reimbursement payment to be made promptly following receipt of the itemized account and in any event not later than the last day of the year following the year in which the expense was incurred. MxXx. Xxxxx Xxxxxx shall be entitled to no less than four (4) weeks of paid vacation during each year in the Employment Period. MxXx. Xxxxx Xxxxxx shall be responsible for the payment of any taxes on account of his personal use of the automobile provided by the Company Bank and on account of any other benefit provided herein.

Appears in 2 contracts

Samples: Employment Agreement (Dime Community Bancshares Inc), Employment Agreement (Dime Community Bancshares Inc)

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Working Facilities and Expenses. Mx. Xxxxx’x Xxxxxxxxx'x principal place of employment shall be at the Company’s Bank's executive offices at the address first above written, or at such other location in the New York metropolitan area as determined by the Board. The Company Bank shall provide Mx. XxxxxXxxxxxxxx, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company Bank and necessary or appropriate in connection with the performance of his assigned duties under this Agreement. The Company Bank shall provide Mx. Xxxxx Xxxxxxxxx with an automobile suitable to his position with the Company Bank in accordance with its prior practices, and such automobile shall be used by Mx. Xxxxx Xxxxxxxxx in carrying out his duties under this Agreement, including commuting between his residence and his principal place of employment. The Company Bank shall (i) reimburse Mx. Xxxxx Xxxxxxxxx for the cost of maintenance and servicing such automobile and, for instance, gasoline and oil for such automobile; (ii) reimburse Mx. Xxxxx Xxxxxxxxx for his ordinary and necessary business expenses, expenses incurred in the performance of his duties under this Agreement (including but not limited to travel and entertainment expenses); and (iii) reimburse Mx. Xxxxx Xxxxxxxxx for fees for memberships in such clubs and organizations as Mx. Xxxxx Xxxxxxxxx and the Company Bank, and such other expenses as Mx. Xxxxx Xxxxxxxxx and the Company Bank, shall mutually agree are necessary and appropriate for business purposes, upon presentation to the Company Bank of an itemized account of such expenses in such form as the Company Bank may reasonably require, each such reimbursement payment to be made promptly following receipt of the itemized account and in any event not later than the last day of the year following the year in which the expense was incurred. Mx. Xxxxx Xxxxxxxxx shall be entitled to no less than four (4) weeks of paid vacation during each year in the Employment Period. Mx. Xxxxx Xxxxxxxxx shall be responsible for the payment of any taxes on account of his personal use of the automobile provided by the Company Bank and on account of any other benefit provided herein.

Appears in 1 contract

Samples: Employment Agreement (Dime Community Bancshares Inc)

Working Facilities and Expenses. Mx. Xxxxx’x Xxxxxx'x principal place of employment shall be at the Company’s Bank's executive offices at the address first above written, or at such other location in the New York metropolitan area as determined by the Board. The Company Bank shall provide Mx. XxxxxXxxxxx, at his principal place of employment, with a private office, stenographic services and other support services and facilities suitable to his position with the Company Bank and necessary or appropriate in connection with the performance of his assigned duties under this Agreement. The Company Bank shall provide Mx. Xxxxx Xxxxxx with an automobile suitable to his position with the Company Bank in accordance with its prior practices, and such automobile shall be used by Mx. Xxxxx Xxxxxx in carrying out his duties under this Agreement, including commuting between his residence and his principal place of employment. The Company Bank shall (i) reimburse Mx. Xxxxx Xxxxxx for the cost of maintenance and servicing such automobile and, for instance, gasoline and oil for such automobile; (ii) reimburse Mx. Xxxxx Xxxxxx for his ordinary and necessary business expenses, expenses incurred in the performance of his duties under this Agreement (including but not limited to travel and entertainment expenses); and (iii) reimburse Mx. Xxxxx Xxxxxx for fees for memberships in such clubs and organizations as Mx. Xxxxx Xxxxxx and the Company Bank, and such other expenses as Mx. Xxxxx Xxxxxx and the Company Bank, shall mutually agree are necessary and appropriate for business purposes, upon presentation to the Company Bank of an itemized account of such expenses in such form as the Company Bank may reasonably require, each such reimbursement payment to be made promptly following receipt of the itemized account and in any event not later than the last day of the year following the year in which the expense was incurred. Mx. Xxxxx Xxxxxx shall be entitled to no less than four (4) weeks of paid vacation during each year in the Employment Period. Mx. Xxxxx Xxxxxx shall be responsible for the payment of any taxes on account of his personal use of the automobile provided by the Company Bank and on account of any other benefit provided herein.

Appears in 1 contract

Samples: Employment Agreement (Dime Community Bancshares Inc)

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