Document ID: 10942

Text:
2.4. Business Expenses. The Company shall pay or reimburse the Executive, upon presentation of documentation, for all commercially reasonable out-of-pocket business expenses that the Executive incurs during the Employment Period in performing his duties under this Employment Agreement and in accordance with the expense reimbursement policy of the Company as approved by the Board (or a committee thereof) and in effect from time to time. Notwithstanding anything herein to the contrary or otherwise, except to the extent any expense or reimbursement described in this Employment Agreement does not constitute a deferral of compensation within the meaning of Section409A of the Internal Revenue Code of 1986 , as amended, and the regulations and guidance thereunder (Section409A), any expense

Named Entities:
42
43
Title
107
107
Regulation
110
114
Act

Tokenized Text:
2
.
4
.
Business
Expenses
.
The
Company
shall
pay
or
reimburse
the
Executive
,
upon
presentation
of
documentation
,
for
all
commercially
reasonable
out-of-pocket
business
expenses
that
the
Executive
incurs
during
the
Employment
Period
in
performing
his
duties
under
this
Employment
Agreement
and
in
accordance
with
the
expense
reimbursement
policy
of
the
Company
as
approved
by
the
Board
(
or
a
committee
thereof
)
and
in
effect
from
time
to
time
.
Notwithstanding
anything
herein
to
the
contrary
or
otherwise
,
except
to
the
extent
any
expense
or
reimbursement
described
in
this
Employment
Agreement
does
not
constitute
a
deferral
of
compensation
within
the
meaning
of
Section409A
of
the
Internal
Revenue
Code
of
1986
,
as
amended
,
and
the
regulations
and
guidance
thereunder
(
Section409A
)
,
any
expense