Common use of Director Compensation Clause in Contracts

Director Compensation. No Nominee who is an officer or employee of the Corporation or a partner, principal, member of, or employee of the Investor or any of its Affiliates will be entitled to any compensation for his or her service as a Director or on any Committee; provided that the Corporation will pay for, or reimburse the Investor’s Nominee for, out-of-pocket expenses incurred in connection with such Nominee’s service as a Director or as a member of, or observer to, any standing committee of the Board.

Appears in 8 contracts

Samples: Investor Rights Agreement (GFL Environmental Inc.), Investor Rights Agreement (GFL Environmental Inc.), Investor Rights Agreement (GFL Environmental Inc.)

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