Description of Company Practices Regarding Club Memberships for Executives
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Summary
This document outlines the company's policy for reimbursing or paying club membership expenses for certain officers and select employees. Such payments are only made when there is a valid business reason and the membership is approved by the Compensation, Talent and Culture Committee of the Board of Directors or its delegate. The policy ensures that only authorized and justified club memberships are supported by the company.
EX-10.V 13 f12312021exhibit10-v.htm EX-10.V Document
Exhibit 10-V
Description of Company Practices Regarding Club Memberships for Executives
Certain officers and a limited number of other employees may be reimbursed (or have fees paid on their behalf) for certain expenses associated with certain club memberships when there is a business rationale to support the membership and the membership request is approved by, or pursuant to authority delegated by, the Compensation, Talent and Culture Committee of the Board of Directors.
