Common use of Compensation of Member Clause in Contracts

Compensation of Member. The Member shall be reimbursed for all expenses incurred in managing the Company and shall, at the election of the Member, be entitled to compensation for its management services, in an amount to be determined from time to time by the Member.

Appears in 6 contracts

Samples: Limited Liability Company Agreement (William Underwood Co), Limited Liability Company Agreement (B&G Foods Snacks, Inc.), Limited Liability Company Agreement (B&G Foods North America, Inc.)

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Compensation of Member. The Member shall may be reimbursed for all expenses incurred in managing the Company and shallmay, at the election of the Member, be entitled to compensation for its management servicesservices rendered, in an amount to be determined from time to time by the Member.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (APX Group Holdings, Inc.), Operating Agreement (MDS Energy Public 2013-B Lp)

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Compensation of Member. The Member shall be reimbursed for all reasonable expenses incurred in managing on behalf of the Company and shall, at the election of the Member, shall be entitled to compensation for its management servicesreasonable compensation, in an amount to be determined from time to time by the Member.

Appears in 2 contracts

Samples: Operating Agreement (Mesa Air New York, Inc.), Operating Agreement

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