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.

Any reimbursements by the Company to the Executive of any eligible expenses under this Agreement that are not excludable from the Executive’Executive’s income for Federal income tax purposes (the “Taxable Reimbursements”“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 theExecutive’s taxable year of the Executiveimmediately following the year in which the expense was incurred. The amount of any Taxable Reimbursements, and the value of any in-kind benefits to be provided to Executive, during any taxable year of Executive shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year of Executive. The right to Taxable Reimbursement, or in-kind benefits, shall not be subject to liquidation or exchange for another benefit.

All expenses or other 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”)Agreement, if any, shall be made by no later than the earlier of the date on which they would be paid under the Company’s normal policies andor prior to the last day of the taxable year following the taxable year in which such expenses were incurred by Executive (provided that if any such reimbursements constitute taxable income to the Executive, such reimbursements shall be paid no later than March 15th of the Executivecalendar year following the calendar year in which the expense was incurred.expenses to be reimbursed were incurred), and no such reimbursement or expenses eligible for reimbursement in any taxable year shall in any way affect the expenses eligible for reimbursement in any other taxable year.

To the extent that any reimbursement pursuant to this Agreement is taxable to the Executive, the Executive will provide the Company with documentation of the related expenses promptly so as to facilitate the timing of the reimbursement payment contemplated by the Companythis paragraph, and any reimbursement payment due 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 wouldpursuant to such provision will be paid underto the Company’s normal policies andExecutive on or before the last day of the Executive’s taxable year offollowing the Executive following thetaxable year in which the related expense was incurred. Such reimbursement obligations pursuant to this Agreement are not subject to liquidation or exchange for another benefit and the amount of such benefits that the Executive receives in one taxable year will not affect the amount of such benefits that the Executive receives in any other taxable year.

To the Company to the Executiveextent any reimbursement of any eligiblecosts and expenses provided for under this Agreement that are not excludable from the Executive’sconstitutes taxable income to Employee for Federal income tax purposes (the “Taxable Reimbursements”)purposes, all such reimbursements shall be made by no later than the earlierDecember 31 of the date on which they would be paid undercalendar year following the Company’s normal policies and the last day of the taxable year of the Executive following thecalendar year in which the expense wasexpenses to be reimbursed are incurred. Further, notwithstanding anything to the contrary herein, except to the extent