Common use of Director Expenses Clause in Contracts

Director Expenses. The Company shall reimburse any non-local Investor Directors for all reasonable out of pocket travel and related expenses incurred in connection with Board duties and meetings up to US$2,000 per calendar year (per Investor group, in case of Investor Directors). The reimbursement to be paid to the independent Directors shall be determined by the Board.

Director Expenses. The Company shall reimburse any non-local Investor Directors for all reasonable out of pocket travel and related expenses incurred in connection with Board duties and meetings up to US$2,000 per calendar year (per Investor group, in case of Investor Directors). The reimbursement to be paid to the independent Directors shall be determined by the Board.. 8. GOING PUBLIC;

Director Expenses. The Company shall reimburse any non-local Investor independent directors and the Preferred Directors for all reasonable out of out-of-pocket travel and related expenses incurred in connection with Board duties and attending meetings up to US$2,000 per calendar year (per Investor group, in case of Investor Directors). The reimbursement to be paid to the independent Directors shall be determined by the Board.

Director Expenses. The Company shall reimburse any non-local Investor Directors for all reasonable out of pocket travel and related expenses incurred in connection with Board duties and meetings up to US$2,000 per calendar year (per Investor group, in case of Investor Directors). ) The reimbursement to be paid to the independent Directors shall be determined by the Board.