Directors’ Expenses. The Company shall not pay any compensation to any member of the Company's Board of Directors in connection with the performance of their duties as a Director, provided however, the Company shall pay reasonable expenses incurred by Directors in performance of their duties.
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Samples: Investor Rights Agreement (Docent Inc), Rights Agreement (Docent Inc)
Directors’ Expenses. The Company shall not pay any compensation to any member of the Company's Board of Directors in connection with the performance of their duties as a Director, provided however, the Company shall pay reasonable expenses incurred by Directors in performance of their duties.
Appears in 2 contracts
Samples: Voting Agreement (Cardionet Inc), Preferred Stock Purchase Agreement (Oryx Technology Corp)
Directors’ Expenses. The Company shall not pay any compensation to any member of the Company's Board of Directors in connection with the performance of their duties as a Director, provided however, but the Company shall pay reimburse any Directors and board observers designated by the Holders of the Shares for their reasonable travel expenses incurred by related to their attendance at meetings of the Board of Directors in performance and of their dutiesany committee of the Board of Directors.
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Directors’ Expenses. The Company shall not pay any compensation to any member of the Company's ’s Board of Directors in connection with the performance of their duties as a Director; provided, provided however, that the Company shall pay reimburse the reasonable out-of-pocket expenses incurred by of each member of the Company’s Board of Directors in connection with the performance of their dutieshis or her duties as director.
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