Common use of Membership Dues Clause in Contracts

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a club in the Oklahoma City area selected by the Executive; and (b) the reasonable cost of any approved business entertainment at such club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 15 contracts

Samples: Employment Agreement (Sandridge Energy Inc), Employment Agreement (Sandridge Energy Inc), Employment Agreement (Sandridge Energy Inc)

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Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a club in the Oklahoma City area selected by the ExecutiveExecutive in an amount not to exceed Seven Hundred Fifty Dollars ($750.00) per month; and (b) the reasonable cost of any approved business entertainment at such club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 12 contracts

Samples: Employment Agreement (Sandridge Energy Inc), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a (1) golf and/or country club in the Oklahoma City area selected by the Executive; and (b) the reasonable cost of any approved qualified business entertainment at such country club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 6 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a country club in the Oklahoma City area selected by the ExecutiveExecutive in an amount not to exceed Five Hundred Dollars ($500.00) per month; and (b) the reasonable cost of any approved business entertainment at such country club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 5 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a club in the Oklahoma City area selected by the Executive; and (b) the reasonable cost of any approved business entertainment at such club. Such reimbursement shall be made within thirty (30) days of the date such costs are incurred and submitted for reimbursement. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 5 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a any club in the Oklahoma City area selected by at which the ExecutiveExecutive hosts business functions; and (b) the reasonable cost of any approved qualified business entertainment at such clubclubs. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 4 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a country club in the Oklahoma City area selected by the Executive; and (b) the reasonable cost of any approved qualified business entertainment at such country club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 2 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a club in the Oklahoma City area selected by the Executive; and (b) the reasonable cost of any approved business entertainment at such club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive Executive, and the Company will have no liability with respect to such amounts.

Appears in 1 contract

Samples: Employment Agreement (Sandridge Energy Inc)

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Membership Dues. The Company will reimburse the Executive for: (a) forty percent (40%) of the monthly dues necessary to maintain a full membership in a country club in the Oklahoma City area selected by the Executive; and (b) one hundred percent (100%) of the reasonable cost of any approved qualified Company business entertainment at such country club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 1 contract

Samples: Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a country club in the Oklahoma City area selected by the Executive; and (b) the reasonable cost of any approved business entertainment at such country club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 1 contract

Samples: Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a golf and/or country club in the Oklahoma City area selected by as the ExecutiveExecutive may select; and (b) the reasonable cost of any approved qualified business entertainment at such country club. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.without

Appears in 1 contract

Samples: Employment Agreement (Chesapeake Energy Corp)

Membership Dues. The Company will reimburse the Executive for: (a) the monthly dues necessary to maintain a full membership in a any country club in the Oklahoma City or Amarillo area selected by at which the ExecutiveExecutive hosts business functions; and (b) the reasonable cost of any approved business entertainment at such clubclubs consistent with Company policy. All other costs, including, without implied limitation, any initiation costs, initial membership costs, personal use and business entertainment unrelated to the Company will be the sole obligation of the Executive and the Company will have no liability with respect to such amounts.

Appears in 1 contract

Samples: Employment Agreement (Sandridge Energy Inc)

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