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. [Select one] □ 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 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. The Members of the Board shall not receive compensation for services in their capacity as Managers or otherwise; provided, however, that the Board may authorize the Company to reimburse the Managers for reasonable expenses incurred in connection with attendance of meetings of the Board.
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Compensation of Managers; Expenses. The Managers shall not receive any fees or salaries or other compensation for their service as a Manager other than the Outside Manager (but only if the Outside Manager is not also an employee of the Company), but shall be reimbursed for reasonable expenses of travel and lodging associated with meetings of the Managers, including committee meetings.
Compensation of Managers; Expenses. The Managers shall serve without compensation. Manager shall be entitled to reimbursement by the Company of all expenses incurred by it in its capacity as Manager; provided that any such expenses in excess of $2,000 per year shall have been consented to by Member. Manager shall not be obligated to take any action that would involve incurring any costs or expenses without assurance acceptable to it that funds have been or will be made available to satisfy such costs and expenses.
