Common use of Director Expenses Clause in Contracts

Director Expenses. The Company shall bear the reasonable cost associated with a director attending the meetings of the Board, including all reasonable travel and lodging expenses, provided that the prior approval of the Company be obtained before incurrence in excess of US$5,000.

Appears in 4 contracts

Samples: Series B1 Preferred Share Subscription Agreement (Le Gaga Holdings LTD), Shareholders’ Agreement (Le Gaga Holdings LTD), Shareholders’ Agreement (Le Gaga Holdings LTD)

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Director Expenses. The Company shall bear the reasonable cost associated with a director attending the meetings of the Board, including all reasonable travel and lodging expenses, provided that the prior approval of the Company be obtained before incurrence in excess of US$5,000.

Appears in 2 contracts

Samples: Shareholders Agreement (Le Gaga Holdings LTD), Series a Preferred Share Purchase Agreement (Le Gaga Holdings LTD)

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