Common use of FEE REIMBURSEMENTS Clause in Contracts

FEE REIMBURSEMENTS. During the Employment Period, the Company will reimburse Executive as provided in the Company’s policies, programs and procedures for an initiation fee or fees and dues for a country, luncheon or social club or clubs. In addition, the Company will reimburse Executive for additional initiation fees to the extent the Board or the Governance Committee of the Board determines such fees are reasonable and in the best interest of the Company. Notwithstanding the foregoing, however, the Company will not reimburse Executive for any of the foregoing fees with respect to an organization that discriminates against individuals on the basis of race, creed or sex.