Compensation and Limitation of Liability of Directors. (a) The Directors as such shall be entitled to reasonable compensation from the Fund; they may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Director for advisory, management, legal, accounting, investment banking or other services and payment of the same by the Fund.
Appears in 3 contracts
Samples: Operating Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC), Operating Agreement (Columbia Management Multi Strategy Hedge Fund LLC), Operating Agreement (Columbia Management Multi Strategy Hedge Fund LLC)
Compensation and Limitation of Liability of Directors. (a) The Directors Directors, as such such, shall be entitled to reasonable compensation from the Fund; they may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Director for advisory, management, legal, accounting, investment banking or other services and payment of the same by the Fund.
Appears in 1 contract
Samples: Operating Agreement (Grosvenor Registered Multi-Strategy Master Fund, LLC)
