Compensation of the Board Sample Clauses

Compensation of the Board. The Board may authorize reasonable compensation to the Board and may authorize the reimbursement of reasonable expenses incurred by the Board in connection with rendering those services.
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Compensation of the Board. Members of the Board shall not receive any salary for the services to the Board, but the Board by resolution may allow actual and necessary expenses for attendance at Regular or Special meetings of the Board.
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Compensation of the Board. The directors will decide, by Special Directors’ Resolution, on compensation, if any, for each of the directors.
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Compensation of the Board. (a) Each member of the Board shall be entitled to compensation from the Trust Assets in the amount of [____________________]. (b) Each member of the Board shall be entitled to reimbursement from the Trust Assets of the reasonable and necessary expenses incurred by him or her in carrying out the purpose of the Board.
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Compensation of the Board. Members Members of the Board get compensation for participation in the Board meetings. The amount of compensation is determined by the appointing institution. Members of the Board appointed by EUSR will not be compensated by the Kosovo Budget for their work as members of the Board. Article 12 Abrogation In terms of article 26 of the Law, with Regulation entering into force, Annex 1 of UNMIK Administrative Direction No.2007/05, implementing UNMIK Regulation no. 2006/50 on Resolution of Claims relating to Private Immovable Property, including Agricultural and Commercial Property, respectively in terms of Law no.03/L-079 amending UNMIK Regulation no.2006/50 is abrogated. Article 13 Entry into force The present Regulation shall enter into force seven (7) days after it is signed by the Prime Minister of the Republic of Kosovo. Xxx Xxxxxxx ________________ Prime Minister of the Republic of Kosovo Prishtina___________ 2017 Vlada Republike Kosovo, Na osnovu Člana 93. (4) Ustava Republike Kosova, člana 6. stav 8 Xxxxxx Xx. 05/L-010 o Kosovskoj agenciji za upoređivanje i verifikaciju imovine(Službeni list br. 37/2016 od 03. novembra 2016), i Člana 19. (6.2) Poslovnika o radu Vlade br. 09/2011 (Službeni list br. 15 od 12. Septembra 2011.), Usvaja: POSLOVNIK(VRK) Br.XX/2017 O RADU NADZORNOG ODBORA KOSOVSKE AGENCIJE ZA UPOREĐIVANJE I VERIFIKACIJU IMOVINE Član 1. Svrha i delokrug Ovim Poslovnikom se utvrđuju pravila postupka, opšti principi, organizovanje, održavanje sednica xxx x xxxxx donošenja odluka na sednicama nadzornog odbora Kosovske agencije za upoređivanje i verifikaciju imovine. Član 2. Definicije Termini koji se koriste u ovom poslovniku imaju ovo značenje: Agencija- Kosovska agencija za upoređivanje i verifikaciju imovine; Nadzorni odbor- Nadzorni odbor Kosovske agencije za upoređivanje i verifikaciju imovine; Zakon- Zakon br 05/010 o Kosovskoj agenciji za upoređivanje i verifikaciju imovine (Službeni list br. 37 od 03. Novembra 2016); Definicije upotrebljene u ovom poslovniku imaju isto značenje kao i definicije date u Zakonu. Član 3. Imenovanje članovi Nadzornog odbora Nadzorni odbor se sastoji od pet članova. Članovi nadzornog odbora se imenuju u skladu sa Zakonom br. 04/L-274, izmenjog i dopunjenog Zakonom br. 05/L-102 i Briselskim Sporazumom od xxxx 2. Septembra 2011 i zaključaka za sprovođenje ovog Sporazuma. Dva član nadzornog odbora imenije Skupština na predlog Premijera. Tri člana odbora imenuje SPEU, uključujući i jednog domaćeg predstavnika iz re...
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Compensation of the Board. The Board members shall receive no compensation from the Company for their services as Board members but may receive reimbursement of expenses according to policies established by the Members. Nothing in this provision shall preclude a Board member from serving the Company in some other capacity and receiving compensation for such other service.
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Related to Compensation of the Board

  • Compensation of the Advisor Each Fund agrees to pay to the Advisor and the Advisor agrees to accept as full compensation for all services rendered by the Advisor pursuant to this Agreement, a fee accrued daily and paid monthly in arrears at an annual rate listed in Appendix A with respect to the Fund’s average daily net assets. For any period less than a month during which this Agreement is in effect, the fee shall be prorated according to the proportion which such period bears to a full month of 28, 29, 30 or 31 days, as the case may be. The fee payable to the Advisor under this Agreement will be reduced to the extent required by any expense limitation agreement. The Advisor may voluntarily absorb certain Fund expenses or waive all or a portion of its fee.

  • Compensation of the Adviser For all of the services to be rendered and payments to be made as provided in this Agreement, as of the last business day of each month, the Fund will pay you a fee at the annual rate of 1.50% of the average value of its daily net assets. The average value of the daily net assets of the Fund shall be determined pursuant to the applicable provisions of the Declaration of Trust of the Trust or a resolution of the Board, if required. If, pursuant to such provisions, the determination of net asset value of the Fund is suspended for any particular business day, then for the purposes of this paragraph, the value of the net assets of the Fund as last determined shall be deemed to be the value of the net assets as of the close of the business day, or as of such other time as the value of the Fund's net assets may lawfully be determined, on that day. If the determination of the net asset value of the Fund has been suspended for a period including such month, your compensation payable at the end of such month shall be computed on the basis of the value of the net assets of the Fund as last determined (whether during or prior to such month).

  • Compensation of the Manager For the services to be rendered by the Manager as provided in this Agreement, the Fund shall pay to the Manager a fee computed on the aggregate net asset value of the Portfolio as of the close of each business day and payable monthly at the annual rate of 0.20%. In the event that this Agreement is terminated at other than a month-end, the fee for such month shall be prorated, as applicable.

  • Compensation of the Executive 3 4. Termination.........................................................................

  • Compensation of Consultant Town agrees to pay to Consultant for satisfactory completion of all services included in this Agreement a total fee of Fifty Thousand ($50,000.00) for the Project as set forth and described in Exhibit B - Compensation Schedule and incorporated herein as if written word for word. Lump sum fees shall be billed monthly based on the percentage of completion. Hourly not to exceed fees shall be billed monthly based on hours of work that have been completed. Direct Costs for expenses such as mileage, copies, scans, sub- consultants, and similar costs are included in fees and shall be billed as completed. Consultant agrees to submit statements to Town for professional services no more than once per month. These statements will be based upon Consultant's actual services performed and reimbursable expenses incurred, if any, and Town shall endeavor to make prompt payments. Each statement submitted by Consultant to Town shall be reasonably itemized to show the amount of work performed during that period. If Town fails to pay Consultant within sixty (60) calendar days of the receipt of Consultant's invoice, Consultant may, after giving ten (10) days written notice to Town, suspend professional services until paid. Nothing contained in this Agreement shall require Town to pay for any work that is unsatisfactory as reasonably determined by Town or which is not submitted in compliance with the terms of this Agreement. The Scope of Services shall be strictly limited. Town shall not be required to pay any amount in excess of the original proposed amount unless Town shall have approved in writing in advance (prior to the performance of additional work) the payment of additional amounts.

  • Compensation of Directors Directors on the Board shall not be entitled to receive a fee for the director’s services as a director on the Board.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Compensation of the Sub-Advisor a. As compensation for the services to be rendered and duties undertaken hereunder by the Sub-Advisor, the Advisor will pay to the Sub-Advisor a monthly fee equal on an annual basis to 0.15% of the average daily net assets of the Fund. Such fee shall be computed and accrued daily. If the Sub-Advisor serves in such capacity for less than the whole of any period specified in this Section 3a, the compensation to the Sub-Advisor shall be prorated. For purposes of calculating the Sub-Advisor's fee, the daily value of the Fund's net assets shall be computed by the same method as the Trust uses to compute the net asset value of the Fund for purposes of purchases and redemptions of shares thereof. b. The Sub-Advisor reserves the right to waive all or a part of its fees hereunder.

  • Compensation of the Sub-Adviser As full compensation for all services rendered, facilities furnished and expenses borne by the Sub-Adviser hereunder, the Sub-Adviser shall be paid the fees in the amounts and in the manner set forth in Appendix A hereto.

  • Compensation Committee (A) The Compensation Committee shall be composed of not more than five (5) members who shall be selected by the Board of Directors from its own members who are not officers of the Company and who shall hold office during the pleasure of the Board. (B) The Compensation Committee shall in general advise upon all matters of policy concerning the Company brought to its attention by the management and from time to time review the management of the Company, major organizational matters, including salaries and employee benefits and specifically shall administer the Executive Incentive Compensation Plan. (C) Meetings of the Compensation Committee may be called at any time by the Chairman of the Compensation Committee, the Chairman of the Board of Directors, or the President of the Company.

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