Common use of Compensation of Members Clause in Contracts

Compensation of Members. Except as expressly provided in any written agreement between the Company and a Member, no Member shall receive any compensation from the Company for services provided to the Company in its capacity as a Member.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Georesources Inc), Limited Liability Company Agreement (Hiland Partners, LP), Limited Liability Company Agreement (Stonemor Partners Lp)

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Compensation of Members. Except as expressly may be specifically provided in this Agreement or in any other written agreement between the Company and a the Member, no Member shall receive any compensation from the Company salary, fee or draw for services provided rendered to or on behalf of the Company in its capacity as a MemberCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Techniclone Corp/De/)

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