EXPENSE REIMBURSEMENT CONTRACT
Date: ____________________
THE SIGNATURE BELOW
CONSTITUTES AGREEMENT of the officer or shareholder/employee to fully reimburse
_____________________________ (hereinafter referred to as the Company) for any
and all expenses that are determined by the Internal Revenue Service not to
constitute a deductible business expense pursuant to the Internal Revenue Code
of 1986, as amended.
The amount to be repaid shall
be an amount equal to that which is disallowed by the Internal Revenue Service,
upon a final determination of such disallowance.
______________________________________
(Shareholder/Employee)