Compensation for Additional Services, Certain Limitations. (a) The Company and the Business Manager will separately negotiate and agree on the fees for any additional services that the Company asks the Business Manager or its Affiliates to render in addition to those set forth in Section 2 hereof. Any additional fees or reimbursements to be paid by the Company in connection with the additional services must be fair and reasonable and shall be approved by a majority of the Board of Directors, including a majority of the Independent Directors.
Appears in 18 contracts
Samples: Business Management Agreement (Inland Diversified Real Estate Trust, Inc.), Business Management Agreement (Inland Diversified Real Estate Trust, Inc.), Form of Business Management Agreement (Inland Monthly Income Trust, Inc.)
Compensation for Additional Services, Certain Limitations. (a) The Company and the Business Manager will separately negotiate and agree on the fees for any additional services that the Company asks the Business Manager or its Affiliates to render in addition to those set forth in Section 2 hereof. Any additional fees or reimbursements to be paid by the Company in connection with the additional services must be fair and reasonable and shall be approved by a majority of the Board of Directors, including a majority of the Independent Directors.
Appears in 14 contracts
Samples: Business Management Agreement (Inland Real Estate Income Trust, Inc.), Business Management Agreement (Inland Real Estate Income Trust, Inc.), Business Management Agreement (Inland Real Estate Income Trust, Inc.)
Compensation for Additional Services, Certain Limitations. (a) The Company and the Business Manager will separately negotiate and agree on the fees for any additional services that the Company asks the Business Manager or its Affiliates to render in addition to those set forth in Section SECTION 2 hereof. Any additional fees or reimbursements to be paid by the Company in connection with the additional services must be fair and reasonable and shall be approved by a majority of the Board of Directors, including a majority of the Independent Directors.
Appears in 3 contracts
Samples: Business Management Agreement (Inland American Real Estate Trust, Inc.), Business Management Agreement (Inland American Real Estate Trust, Inc.), Business Management Agreement (Inland American Real Estate Trust, Inc.)
