Expenses and Other Benefits. 6.1 The Company shall promptly reimburse to the Executive all reasonable travel and other out of pocket expenses properly incurred by him in the performance of his duties under the Employment. The Executive will submit claims for expenses reimbursement to the Company regularly with appropriate supporting documentation.
Expenses and Other Benefits. All travel, entertainment and other reasonable business expenses incident to the rendering of services by the Executive hereunder will be promptly paid or reimbursed by the Company subject to submission by the Executive in accordance with the Company's policies in effect from time to time. The Executive shall be entitled during the Term of Employment to participate in employee benefit and welfare plans and programs of the Company including any employee incentive stock option plans, qualified or unqualified, to the extent that any other executives or officers of the Company or its subsidiaries are eligible to participate and subject to the provisions, rules, regulations, and laws applicable thereto. Notwithstanding the foregoing, the Company shall provide the Executive, at a minimum, with the following benefits:
Expenses and Other Benefits. Executive shall be (i) reimbursed for all reasonable expenses incurred by him in performing services hereunder, provided that Executive properly accounts therefor in accordance with Company policy, and (ii) entitled to participate in or receive benefits under any employee benefit plan or other arrangement made available by the Company now or in the future to its senior executive officers and key management employees, other than the Company's Chairman of the Board, subject to and on a basis consistent with the terms, conditions, and overall administration of such plan or arrangement.
Expenses and Other Benefits. 040707, 000014, 102625696.2
Expenses and Other Benefits. All travel, entertainment and other reasonable business expenses incident to the rendering of services by the Executive hereunder will be promptly paid or reimbursed by the Company subject to submission of receipts by the Executive in accordance with the Company’s policies in effect from time to time. The Executive shall be entitled during the Term of Employment to participate in employee benefit and welfare plans and programs of the Company including, without any limitation, any key man or executive life and long term disability insurance, 401(k) or other retirement plans and employee stock option plans to the extent that any senior executives or officers of the Company or its subsidiaries are eligible to participate and subject to the provisions, rules, regulations, and laws applicable thereto. The Executive shall be entitled to a vacation of four weeks during each year of the Term of Employment.
Expenses and Other Benefits. All travel, entertainment and other reasonable business expenses incident to the rendering of services by the Executive hereunder will be promptly paid or reimbursed by the Company subject to submission by the Executive in accordance with the Company’s policies in effect from time to time. The Executive shall be entitled to a vehicle allowance of $15,000, per annum. The Executive shall be entitled during the Term of Employment to participate in employee benefit and welfare plans and programs of the Company including, without any limitation, any key man or executive long term disability insurance and employee stock option plans to the extent that any other senior executives or officers of the Company or its subsidiaries are eligible to participate and subject to the provisions, rules, regulations, and laws applicable thereto. The Executive shall immediately be granted 100,000 employee stock options, which options shall vest annually over a five (5) year period.
Expenses and Other Benefits. 3 (d) Vacations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 (e) Perquisites . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 (f) Proration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 (g)
Expenses and Other Benefits. 4 (d) Vacations.............................................................. 4 (e) Perquisites............................................................ 4 (f) Proration.............................................................. 4 (g)
Expenses and Other Benefits. Upon the presentation of an itemized accounting and the submission of supporting vouchers, Rxxxx shall be promptly reimbursed for all reasonable and necessary expenses incurred by him in his performance of the business of TFC. TFC shall furnish Rxxxx two suitable automobiles for his personal and business use and shall pay all reasonable expenses for the operation and maintenance of said automobiles, including, but not limited to gasoline, repairs, insurance and required licenses. In addition, TFC will provide Rxxxx all other employee benefits as he now has or as may be approved for TFC employees generally or its executives of Raley’s level, including his being permitted to continue to participate in the “key-man” insurance TFC carries on his life.
Expenses and Other Benefits. All travel, entertainment and other reasonable business expenses (including professional dues and conferences) incident to the rendering of services by the Executive hereunder will be promptly paid or reimbursed by the Company subject to submission of receipts by the Executive in accordance with the Company’s policies in effect from time to time. The Executive shall be entitled to a vehicle allowance of $15,000, per annum, payable $1,250 per month during the Term of Employment. The Executive shall be entitled during the Term of Employment to participate in employee benefit and welfare plans and programs of the Company including, without any limitation, any key man or executive life and long term disability insurance, 401(k) or other retirement plans and employee stock option plans to the extent that any senior executives or officers of the Company or its subsidiaries are eligible to participate and subject to the provisions, rules, regulations, and laws applicable thereto. On October 20, 2014, the Executive shall be granted 60,000 employee stock options, which options shall vest in equal increments annually over a three (3) year period. The exercise price of such options shall be the closing price of the Class A Common Stock of the Company as reported on the NASDAQ Capital Market on October 20, 2014.
