Common use of Compensation of Directors Clause in Contracts

Compensation of Directors. The members of the Board of Directors who are not employees of the Partnership, the General Partner or its Affiliates shall receive such compensation for their services as members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in the course of their service hereunder.

Appears in 31 contracts

Samples: Limited Partnership Agreement (KNOT Offshore Partners LP), Exchange Agreement (KNOT Offshore Partners LP), Limited Partnership Agreement

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Compensation of Directors. The members of the Board of Directors who are not employees Officers of the PartnershipCompany may, subject to the General Partner or its Affiliates shall discretion and approval of the Board, receive such compensation for their services as directors and committee members, and members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in connection with attending meetings of the course of their service hereunderBoard or committees thereof.

Appears in 17 contracts

Samples: Limited Liability Company Agreement (Mid-Con Energy Partners, LP), Limited Liability Company Agreement (Memorial Production Partners LP), Limited Liability Company Agreement

Compensation of Directors. The members of the Board of Directors who are not employees of the Partnership, the General Partner or its Affiliates shall receive such compensation for their services as members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in the course of their service hereunder.

Appears in 10 contracts

Samples: Limited Partnership Agreement (GasLog Partners LP), Limited Partnership Agreement (GasLog Partners LP), Limited Partnership Agreement (GasLog Partners LP)

Compensation of Directors. The members of the Board of Directors who are not employees of the PartnershipCompany, the General Partner Seadrill Member or its Affiliates shall receive such compensation for their services as members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in the course of their service hereunder.

Appears in 1 contract

Samples: Operating Agreement (Seadrill Partners LLC)

Compensation of Directors. The members of the Board of Directors who are not employees of the PartnershipCompany Group, the General Partner Transocean Member or its Affiliates shall receive such compensation for their services as members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in the course of their service hereunder.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Transocean Partners LLC)

Compensation of Directors. The members of the Board of Directors who are not employees of the Partnership, the General Partner or its Affiliates shall receive such compensation for their services as members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in the course of their service hereunder.

Appears in 1 contract

Samples: Agreement of Limited Partnership (GasLog Partners LP)

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Compensation of Directors. The members of the Board of Directors who are not employees of the PartnershipCompany, the General Partner Seadrill Member or its Affiliates shall receive such compensation for their services as members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in the course of their service hereunder.hereunder.β€Œ

Appears in 1 contract

Samples: Operating Agreement

Compensation of Directors. The members of the Board of Directors who are not employees of the PartnershipCompany Group, the General Partner Transocean Member or its Affiliates shall receive such compensation for their services as members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-out- of-pocket costs and expenses incurred in the course of their service hereunder.

Appears in 1 contract

Samples: Limited Liability Company Agreement

Compensation of Directors. The members of the Board of Directors who are not employees Officers of the PartnershipCompany may, subject to the General Partner or its Affiliates shall discretion and approval of the Board, receive such compensation for their services as directors and committee members, and members of the Board of Directors or members of a committee of the Board of Directors shall determine. In addition, the members of the Board of Directors shall be entitled to be reimbursed for out-of-of- pocket costs and expenses incurred in connection with attending meetings of the course of their service hereunderBoard or committees thereof.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Memorial Production Partners LP)

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