Organizations, whether companies, insurers or governments, have a vested interest in refunds being made only for legitimate reasons. Employees, policyholders and taxpayers can claim an expense that never occurred or increase the value of an expense. This requires the reimbursing organization to develop internal control processes to intercept fraudulent claims. including, but not limited to: travel expenses, fees and expenses of lawyers, accountants and other external consultants; Oak Hill`s internal legal and accounting fees and expenses, including attributable legal and accounting fees, overhead and support staff (hourly estimates to be provided upon request); other overhead costs; and the cost of maintaining organized holding companies to facilitate investment. In the United States, companies often use the daily rates created by the General Services Administration (GSA). The GSA creates reimbursement rates for different cities and states. The Company may also choose to use its own methodology to set daily rates by taking the GSA daily rate as a starting point and adjusting it taking into account company-specific factors. In addition to operating costs, reimbursement is also used in the insurance industry. If a health insurance provider needs urgent medical attention, it is unlikely that the policyholder will have time to contact the insurer to determine how well the policy covers the costs. The policyholder may have to pay out of pocket for medications, medical services or related expenses. G`day, my name is Michele! I work with start-ups, entrepreneurs, and small and medium-sized businesses across the country in a variety of industries. I help them with all their daily legal needs.
These include business creation, mergers and acquisitions, drafting and reviewing contracts, employment, sale and acquisition of assets, as well as sales of businesses or withdrawals of shareholders. I am half Australian, half Italian and have lived in America for the last 20+ years of my life. I`ve lived all over the United States, graduated from high school in the Deep South, graduated from Washington University in St. Louis, and then graduated from Georgetown University Law Center. After law school, I worked for the Los Angeles office of Latham & Watkins, LLP. After four intense and rewarding years there, I left the company to become general counsel and vice president of an incredible industry-changing startup called Urban Mining Company (UMC), which makes rare earth permanent magnets. I now work for Phocus Law, where I lead our practice, which focuses on entrepreneurs, startups and SMEs. I love what I do and I would like to help! My goal is to provide stress-free, enjoyable and high quality legal advice to all my clients. Being a good lawyer is not enough: the client experience must also be excellent.
But work is not everything, and I like my free time. I have been an avid traveler since my parents put me on a plane to Italy when I was 9 months old. I`m also a music nut and I`m always looking for the perfect client to be explained why Dark Side Of The Moon is the best album ever. Growing up in a remote and beautiful corner of Australia, I feel a strong connection to nature and love being in the elements. 2.2 Third Party Expenses. Notwithstanding clause 2.1, in addition to reimbursing the Consultant, the Company shall, within 30 calendar days of the delivery of an invoice by the Advisor, pay the Consultant all third party expenses incurred by the Consultant in connection with (i) the purchase of insurance and insurance premiums to the extent incurred on behalf of the Company and/or its subsidiaries or their respective directors. officers and employees and (ii) goods and services purchased by the Consultant for use by the Company and/or its affiliates. All such third party expenses will be reimbursed to the extent of actual payments to third parties or the proportionate share attributable to the Company on behalf of the Company. Reimbursement is remuneration paid by an organization for expenses or overpayments by an employee, client or other party.
Common examples include the reimbursement of operating expenses, insurance costs and overpaid taxes. However, unlike typical compensation, the refund is not taxable. A type of reimbursement called continued reimbursement applies to the legal sector. Repayment support is ordered by a judge and is a payment to a former spouse as compensation for the time and money invested in the financial outlook and growth of the spouse. A person in a divorce settlement who worked full-time to support their spouse while attending college may be eligible for a support refund if the spouse graduated and now earns income. Reimbursement is most often associated with business expenses. Many companies have policies that determine when to reimburse employee expenses. Typically, these expenses are travel-related and may include the cost of hotels, food, ground transportation and flights (travel expenses). 1.1 Services. Subject to the terms and conditions contained herein, the Company hereby retains the services of the Advisor and the Consultant hereby agrees to be engaged by the Company to provide the Company with the following services (the “Services”) on an ongoing basis: 6.2 Freedom to seize opportunities. Unless the Consultant may agree otherwise in writing after the date of this Agreement: 5.1 Indemnification.
If and to the extent that the foregoing obligation is unavailable or unenforceable for any reason, the Company hereby agrees to contribute to the maximum extent to the payment and satisfaction of each of the indemnified liabilities permitted by applicable law. For purposes of these Sections 5.1 and 6.1, “gross negligence or willful misconduct” shall only be deemed to exist if determined in a final and non-final judgment of a court of competent jurisdiction for such purpose, in which case it is determined that any of the above limitations apply to an indemnified party, such as any compensation previously paid by the Company; such payments will then be promptly returned to the Company by the Indemnified Party.
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