Taxable Reimbursements. (i) Any reimbursements by the Company to the Executive of any eligible expenses under this Agreement that are not excludable from the Executive’s income for Federal income tax purposes (the “Taxable Reimbursements”) shall be made by no later than the earlier of the date on which they would be paid under the Company’s normal policies and the last day of the taxable year of the Executive following the year in which the expense was incurred.
Appears in 8 contracts
Samples: Employment Agreement (Invivo Therapeutics Holdings Corp.), Employment Agreement (Invivo Therapeutics Holdings Corp.), Employment Agreement (Invivo Therapeutics Holdings Corp.)
Taxable Reimbursements. (i) Any reimbursements by the Company to the Executive of any eligible expenses under this Agreement that are not excludable from the Executive’s income for Federal income tax purposes (the “Taxable Reimbursements”) shall be made by no later than the earlier of the date on which they would be paid under the Company’s normal policies and the last day of the taxable year of the Executive following the year in which the expense was incurred.
Appears in 2 contracts
Samples: Employment Agreement (Latitude 360, Inc.), Employment Agreement (Latitude 360, Inc.)
