Common use of Board Compensation Clause in Contracts

Board Compensation. The Executive shall be entitled to receive any fees or additional payments for serving as a member of the Board or as a member of any board of directors (or the equivalent thereof) of any subsidiary of the Company to the extent provided to other directors of the Company or applicable subsidiary; provided, however, that the Executive shall not be entitled to fees for serving on any committee or subcommittee of the Board or board of directors (or the equivalent thereof) of any subsidiary.

Appears in 2 contracts

Samples: Employment Agreement (Premier National Bancorp Inc), Employment Agreement (Premier National Bancorp Inc)

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Board Compensation. The Executive shall be entitled to receive ------------------ any fees or additional payments for serving as a member of the Board or as a member of any board of directors (or the equivalent thereof) of any subsidiary of the Company to the extent provided to other directors of the Company or applicable subsidiary; provided, however, that the Executive shall not be entitled to fees for serving on any committee or subcommittee of the Board or board of directors (or the equivalent thereof) of any subsidiary.

Appears in 2 contracts

Samples: Employment Agreement (Premier National Bancorp Inc), Employment Agreement (Premier National Bancorp Inc)

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