Common use of Salary Clause in Contracts

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

Appears in 205 contracts

Samples: Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement, Limited Liability Company Operating Agreement

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Salary. No salary will be paid to a Member for the performance of his or her their duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

Appears in 55 contracts

Samples: Multi Member Operating Agreement, Multi Member Operating Agreement, Multi Member Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her their duties under this Agreement unless the salary has been approved in writing by a Majority majority of the Members.

Appears in 51 contracts

Samples: Insert State Here] Operating Agreement, Insert State Here] Operating Agreement, District of Columbia Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement by a Member (except as provided for by the Manager who may be a Member) unless the salary has been approved in writing by a Majority majority-in-interest of the Members, excluding the Member to receive the salary and such Member’s interest.

Appears in 8 contracts

Samples: LLC Operating Agreement, Limited Liability Company Operating Agreement, LLC Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority majority-in-interest of the Members, excluding the Member to receive the salary and such Member’s interest.

Appears in 2 contracts

Samples: LLC Operating Agreement, LLC Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the MembersMember(s).

Appears in 1 contract

Samples: Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the MembersManager.

Appears in 1 contract

Samples: Operating Agreement (Tulsa Real Estate Fund, LLC)

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Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority majority of the Members.

Appears in 1 contract

Samples: Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority unanimous vote of the Members.

Appears in 1 contract

Samples: Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been Unless approved in writing by a Majority majority-in-interest of the MembersMembers (excluding the Member to receive the salary and such Member’s interest) no salary is to be paid for performing the duties outlined in this Agreement.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement

Salary. No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority majority of the Members.

Appears in 1 contract

Samples: Operating Agreement

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