9. Allowances
• For business entertainment expenses
With respect to your position within the Company you may be eligible for a fixed allowance
for business entertainment expenses. Currently the tax-free allowance in your case is EUR
24,050 per annum. This sum is meant to enable you amongst others to cover the expenses
you incur in entertaining business guests on behalf of the Company.
• For the use of a home for representative purposes
Members of the Board of Management may be eligible for a fixed allowance of EUR 6,807
tax-free to cover the use of their own home for representative purposes.
The above-mentioned allowances will be paid at the end of each quarter.
Parties agree that changes in fiscal legislation could make it necessary or desirable for the
Company to change the above arrangements.