Common use of Compensation of Board Members Clause in Contracts

Compensation of Board Members. Board Members shall not receive any compensation or other remuneration from the Partnership for their services to the Partnership as Board Members; provided, that the Partnership shall reimburse Board Members for reasonable travel and other expenses incurred in connection with meetings or other functions of the Board.

Appears in 3 contracts

Samples: Limited Partnership Agreement (CatchMark Timber Trust, Inc.), Limited Partnership Agreement (CatchMark Timber Trust, Inc.), Limited Partnership Agreement (CatchMark Timber Trust, Inc.)

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Compensation of Board Members. Board Members shall not receive any compensation or other remuneration from the Partnership Company for their services to the Partnership Company as Board Members; provided, that the Partnership Company shall reimburse Board Members for reasonable travel and other expenses incurred in connection with meetings or other functions of the Board.

Appears in 3 contracts

Samples: Limited Partnership Agreement (CatchMark Timber Trust, Inc.), Limited Partnership Agreement (CatchMark Timber Trust, Inc.), Limited Partnership Agreement (CatchMark Timber Trust, Inc.)

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