Compensation; No Employment. (a) Each Manager shall be reimbursed for his reasonable out-of-pocket expenses incurred in the performance of his duties as a Manager, pursuant to such policies as from time to time established by the Board. Nothing contained in this Section 8.07 shall be construed to preclude any Manager from serving the Company in any other capacity and receiving reasonable compensation for such services.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ternio, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)
Compensation; No Employment. (a) 8.7.1 Each Manager shall be reimbursed for his or her reasonable out-of-pocket expenses incurred in the performance of his or her duties as a Manager, pursuant to such policies as from time to time established by the Board. Nothing contained in this Section 8.07 § 8.7 shall be construed to preclude any Manager from serving the Company in any other capacity and receiving reasonable compensation for such services.
Appears in 2 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Forterra, Inc.)
Compensation; No Employment. (a) Each Manager shall be reimbursed for his reasonable reasonable, documented out-of-pocket expenses incurred in the performance of his duties as a Manager, pursuant to such policies as from time to time established by the Board. Nothing contained in this Section 8.07 shall be construed to preclude any Manager from serving the Company in any other capacity and receiving reasonable compensation for such services.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Good Hemp, Inc.)
Compensation; No Employment. (a) Each Manager shall be reimbursed for his or her reasonable out-of-pocket expenses incurred in the performance of his or her duties as a Manager, pursuant to such policies as from time to time established by the Board. Nothing contained in this Section 8.07 8.08 shall be construed to preclude any Manager from serving the Company or its Subsidiaries in any other capacity and receiving reasonable compensation for such services.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ATN International, Inc.)
Compensation; No Employment. (a) Each Manager shall be reimbursed for his or her reasonable out-of-pocket expenses incurred in the performance of his or her duties as a Manager, pursuant to such policies as are from time to time established by the Board. Nothing contained in this Section 8.07 shall be construed to preclude any Manager from serving the Company in any other capacity and receiving reasonable compensation for such services.
Appears in 1 contract
Samples: Operating Agreement (Verb Technology Company, Inc.)
Compensation; No Employment. (a) Each The Company may, but is not required to, reimburse each Manager shall be reimbursed for his reasonable out-of-pocket expenses incurred in the performance of his duties as a Manager, pursuant to such policies as from time to time established by the Board. Nothing contained in this Section 8.07 shall be construed to preclude any Manager from serving the Company in any other capacity and receiving reasonable compensation for such services.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Compensation; No Employment. (a) Each Manager Managers shall be reimbursed for his reasonable out-of-pocket expenses incurred in the performance of his their duties as a ManagerManagers, pursuant to such policies as are established by the Board from time to time established by the Boardtime. Nothing contained in this Section 8.07 shall be construed to preclude any Manager from serving the Company in any other capacity and receiving reasonable compensation for such services.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TWO RIVERS WATER & FARMING Co)