Common use of Board Fees Clause in Contracts

Board Fees. The Executive shall not be eligible to receive fees for board service consistent with that paid to outside board members, unless agreed upon in writing by the Parties or unless board fees are paid to other “inside directors”.

Appears in 2 contracts

Samples: Employment Agreement (Oak View Bankshares, Inc.), Employment Agreement (Oak View Bankshares, Inc.)

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Board Fees. The Executive shall not be eligible to receive fees for board service consistent with that paid to outside other board members, unless agreed upon in writing by the Parties or unless board except that he will not receive fees are paid to other “inside directors”for attending Board Committee meetings.

Appears in 1 contract

Samples: Employment Agreement (Botetourt Bankshares Inc)

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Board Fees. The Executive shall not be eligible to receive fees for board service consistent with that paid to outside other board members, unless agreed upon in writing by the Parties except that he or unless board she will not receive fees are paid to other “inside directors”for attending Board Committee meetings.]

Appears in 1 contract

Samples: Employment Agreement (Botetourt Bankshares Inc)

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