Compensation of Managers; Expenses. The Board shall have the authority to fix the compensation of Managers. The Managers may be paid their expenses, if any, of attendance at meetings of the Board, which may be a fixed sum for attendance at each meeting of the Board or a stated salary as Manager. No such payment shall preclude any Manager from serving the Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.
Compensation of Managers; Expenses. The Managers will not receive any compensation. However, the Managers shall be reimbursed for their reasonable out-of-pocket expenses, if any, of attendance at meetings of the Board of Managers. No such payment shall preclude any Manager from serving the Company in any other capacity.
Compensation of Managers; Expenses. The Board shall have the authority to fix the compensation of Managers. □ The Managers may be paid their expenses, if any, of attendance at meetings of the Board, which may be a fixed sum for attendance at each meeting of the Board, or a stated salary as Manager. No such payment shall preclude any Manager from serving the Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. □ There shall be no compensation, stated salary or reimbursement of expenses of Members or Managers in attending meetings of the Board or any Committee thereof.
Compensation of Managers; Expenses. The Managers shall not receive any compensation, though Managers may be paid their expenses, if any, of serving as manager, which may be a fixed sum per annum. No such payment shall preclude any Manager from serving the Company in any other capacity and receiving compensation therefor.
Compensation of Managers; Expenses. The Managers shall not be compensated for their services hereunder. No Manager is precluded from serving the Company in any other capacity and receiving compensation therefor.
Compensation of Managers; Expenses. The Board shall have the authority to fix the compensation of the Managers. No such payment shall preclude any Manager from serving the Company in any other capacity and receiving compensation therefor.
Compensation of Managers; Expenses. Each Manager shall be entitled to such reasonable compensation as the Board shall determine for his or her service on the Board, for his or her attendance at meetings of the Board and any of its committees, for his or her expenses incident thereto, and for his or her service to the Company. No such payment shall preclude any Manager from serving the Company or any Affiliate thereof in any other capacity and receiving compensation therefor.
Compensation of Managers; Expenses. The Managers shall be entitled compensation for their services as Managers as determined by the Corporation in its sole discretion. Managers shall be paid their expenses, if any, of attendance at meetings of the Board or any committee thereof. No such payment shall preclude any Manager from serving the Company in any other capacity and receiving compensation therefor.
Compensation of Managers; Expenses. (a) Unless approved by a Majority of the Board, the Managers shall receive no salary or other compensation for their service as Managers.
(b) The Company shall reimburse each Manager for out-of-pocket costs and expenses reasonably paid or incurred by the Manager in the management of the Company for services provided to the Company.
Compensation of Managers; Expenses. 10 ARTICLE VI OFFICERS............................................................................................. 10
