Example ContractsClausesexpenses; travelVariants
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All Directors will be reimbursed for reasonable travel expenses incurred while serving as a Director, including spouse’s expenses, in connection with attendance at meetings of the Company’s Board of Directors and its committees. If the travel expense is related to the reimbursement of airfare, such reimbursement will not exceed full-coach rate. Spousal travel expenses paid by the Company are treated as taxable income to the Director. See the paragraph below entitled "Code Section 409A" for further rules relating to travel expense reimbursements.

All Directors willEach of the Company’s directors shall be reimbursedentitled to receive reimbursement for reasonable travel expenses incurred while serving as a Director, including spouse’s expenses,which they properly incur in connection with attendance at meetingstheir functions and duties as a director, including the reasonable travel expenses of the Company’director’s Boardspouse or partner to attend events to which spouses and partners are expected. Each of Directors and its committees. If the travel expense is related to the reimbursement of airfare, such reimbursement will not exceed full-coach rate. Spousal travel expenses paid bydirectors shall provide the Company are treatedwith evidence of expenses incurred, including copies of receipts, as taxable income to the Director. See the paragraph below entitled "Code Section 409A" for further rules relating to travel expense reimbursements.Company may reasonably require.

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