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 Chief Executive Officer, subject to and on a basis consistent with the terms, conditions, and overall administration of such plan or arrangement.
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. During the Term of Employment, the Executive shall be eligible to participate in any 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 incentive plans that any C-level senior officer 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 vacation time of five weeks during each year of the Term of Employment.
Expenses and Other Benefits. 040707, 000014, 102625786.2
Expenses and Other Benefits. The Company shall promptly reimburse Xx. Xxxxxxx for all reasonable business expenses incurred in connection with the consulting services in accordance with its applicable policies and procedures then in force and provide during the Consulting Term Xx. Xxxxxxx with the necessary business support, including office support, travel department support, appropriate business periodicals, use of the Xxxxx Xxxxx Country Club, and the dinner clubs of the Balboa Bay Club and the Center Club. Xx. Xxxxxxx will have use of up-to-date model computers and business equipment, which will be available for his purchase at the end of the Consulting Term at depreciated cost. In addition, Xx. Xxxxxxx will have access during the Consulting Term to the Company’s Lotus Notes as an approved contractor.
Expenses and Other Benefits. BFCC shall pay or reimburse Xxxxxxx for the following
Expenses and Other Benefits. The Company shall pay the Executive any out-of-pocket expenses reasonably incurred by the Executive in the performance of his duties under this Agreement, upon submission of written evidence of such expenses and in accordance with the Company’s expense policy in force from time to time and subject to prior written approval by the Company. Draft Date: 22 November 2019
Expenses and Other Benefits. 4 (d) Vacations.............................................................. 4 (e) Perquisites............................................................ 4 (f) Proration.............................................................. 4 (g)
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 01778-000 1 267698 6 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 senior executives of the Company are generally eligible to participate and subject to the provisions, rules, regulations, and laws applicable thereto. Upon the commencement of Executive's employment on May 11, 2015, the Executive shall be granted 100,000 employee stock options, which options shall vest in equal increments annually over a four (4) year period, subject only to the Executive's continued service to the Company on the applicable vesting dates . 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 as of the close of business on May 11, 2015. During the Term of Employment, the Executive shall be entitled to four (4) weeks of vacation.
