Compensation of Managing Member. The Managing Member shall be reimbursed for all reasonable expenses incurred in managing the Company and shall be entitled to compensation, in an amount to be determined from time to time by consent of the Member, in its sole discretion. The Managing Member shall not be required to devote full time to the management of the Company business, but only so much time as shall be necessary or appropriate for the proper management of such business.
Compensation of Managing Member. 9 8.5 MANAGING MEMBER'S STANDARD OF CARE..........................9 8.6 RESIGNATION................................................10 8.7
Compensation of Managing Member. 12 8.5 Managing Member's Standard of Care.....................................12
Compensation of Managing Member and Key Employees ....... 12 9. Options ................................................. 12
Compensation of Managing Member. Members or Affiliates 8 3.3.1 Compensation/Reimbursement of Expenses 8 Section 3.4 Title to Property 9 Section 3.5 Special Power of Attorney 9
Compensation of Managing Member. Members or ------------------------------------------------ Affiliates. -----------
Compensation of Managing Member. Managing Member shall not receive any fee or other compensation in connection with the performance of its obligations under this Agreement except as otherwise set forth in any applicable Budget.
Compensation of Managing Member. The Managing Member shall not receive any fees directly from the Company for its services in administering the Company.
Compensation of Managing Member. The Managing Member shall not receive any compensation for serving as the Managing Member. Each of the MM Affiliates shall enter into an employment agreement with the Company in a form mutually agreeable to the parties to such agreement and the Special Member.
Compensation of Managing Member. The Managing Member will not receive any salaries or other compensation for its service as such unless all Members approve such compensation; provided, however, that the foregoing does not limit the Managing Member's rights with respect to its Units as provided in this Agreement and does not restrict compensation for services by the Managing Member in any other capacity.
