Common use of Costs of Meetings Clause in Contracts

Costs of Meetings. With respect to any meeting of the LP Advisory Committee held for the purpose of determining whether the First Milestone or the Second Milestone has been met or at the request of the General Partner, the costs of such meeting (including the reasonable out-of-pocket costs incurred by the LP Advisory Committee members in attending such meeting) shall be a Partnership Expense (allocated between the Partnership and Blockstack QP Fund in the General Partner’s discretion), reimbursable to the LP Advisory Committee members. The costs of any other meeting of the LP Advisory Committee shall not be a Partnership Expense and shall not be reimbursed by the General Partner. It is the general intention of the Partners that meetings of the LP Advisory Committee, to the extent reasonably practicable, shall be held telephonically (or in conjunction with meetings of the Partners) in order to minimize travel costs. LP Advisory Committee members shall not be entitled to compensation from the General Partner or the Partnership for their services as such.

Costs of Meetings. With respect to any meeting of the LP Advisory Committee held for the purpose of determining whether the First Milestone or the Second Milestone has been met or at the request of the General Partner, the costs of such meeting (including the reasonable out-of-pocket costs incurred by the LP Advisory Committee members in attending such meeting) shall be a Partnership Expense (allocated between the Partnership and Blockstack QP AI Fund in the General Partner’s discretion), reimbursable to the LP Advisory Committee members. The costs of any other meeting of the LP Advisory Committee shall not be a Partnership Expense and shall not be reimbursed by the General Partner. It is the general intention of the Partners that meetings of the LP Advisory Committee, to the extent reasonably practicable, shall be held telephonically (or in conjunction with meetings of the Partners) in order to minimize travel costs. LP Advisory Committee members shall not be entitled to compensation from the General Partner or the Partnership for their services as such.