Common use of Board Compensation Clause in Contracts

Board Compensation. As compensation for the services provided herein, the Company shall pay to Director, so long as Director continues to fulfill Director’s duties and to provide services pursuant to this Agreement, quarterly compensation at the initial rate of $7,500.

Appears in 6 contracts

Samples: Services Agreement, Board of Directors Services Agreement (Paulson Capital (Delaware) Corp.), Board of Directors Services Agreement (Paulson Capital (Delaware) Corp.)

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Board Compensation. As compensation for the services provided herein, the Company shall pay to Director, so long as Director continues to fulfill Director’s duties and to provide services pursuant to this Agreement, quarterly compensation at the initial rate of $7,5005,000. All cash compensation payable pursuant to this Section 2 shall be paid on the last day of each fiscal quarter.

Appears in 4 contracts

Samples: Services Agreement, Board of Directors Services Agreement (Sysorex Global Holdings Corp.), Board of Directors Services Agreement (Sysorex Global Holdings Corp.)

Board Compensation. As compensation for For the services provided hereinto the Company as a director, the Company shall pay Director will be entitled to Director, so long as Director continues the compensation a monthly fee of US$5,000 to fulfill Director’s duties and to provide services pursuant to this Agreement, be paid on a quarterly compensation at the initial rate of $7,500basis.

Appears in 2 contracts

Samples: Independent Director Agreement (Moxian, Inc.), Independent Director Agreement (Moxian, Inc.)

Board Compensation. As compensation for For the services provided hereinto the Company as a director, the Company shall pay Director will be entitled to Director, so long as Director continues the compensation a monthly fee of US$3,000 to fulfill Director’s duties and to provide services pursuant to this Agreement, be paid on a quarterly compensation at the initial rate of $7,500basis.

Appears in 2 contracts

Samples: Independent Director Agreement (Technovative Group, Inc.), Independent Director Agreement (Moxian, Inc.)

Board Compensation. As compensation for the services provided herein, effective May 6, 2016, the Company shall pay to DirectorDirector (or his designee), so long as Director continues to fulfill Director’s duties and to provide services pursuant to this Agreement, quarterly compensation at the initial rate of $7,500.

Appears in 2 contracts

Samples: Board of Directors Services Agreement (VBI Vaccines Inc/Bc), Board of Directors Services Agreement (VBI Vaccines Inc/Bc)

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Board Compensation. As compensation for the services provided herein, the Company shall pay to Director, so long as Director continues to fulfill Director’s duties and to provide services pursuant to this Agreement, quarterly compensation at the initial rate of $7,50013,750 to serve as the Board’s chair.

Appears in 1 contract

Samples: Board of Directors Services Agreement (Paulson Capital (Delaware) Corp.)

Board Compensation. As compensation for the services provided herein, the Company shall pay to Director, so long as Director continues to fulfill Director’s duties and to provide services pursuant to this Agreement, quarterly compensation at the initial rate of $7,5005,000 commencing in the quarter ended September 30, 2014. All cash compensation payable pursuant to this Section 2 shall be paid on the last day of each fiscal quarter.

Appears in 1 contract

Samples: Board of Directors Services Agreement (Sysorex Global Holdings Corp.)

Board Compensation. As compensation for the services provided herein, effective January 1, 2016, the Company shall pay to DirectorDirector (or his designee), so long as Director continues to fulfill Director’s duties and to provide services pursuant to this Agreement, quarterly compensation at the initial rate of $7,500.

Appears in 1 contract

Samples: Board of Directors Services Agreement (Vbi Vaccines Inc.)

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