Directors’ Remuneration. Each Director receives a fixed annual fee for serving in such capacity. The fee will be in accordance with reasonable and customary directors’ fees. Directors’ fees are not paid out of the Fund but are paid for out of the fees levied by the Manager and the Company.
Directors’ Remuneration. 84. The remuneration of the Directors shall from time to time be determined by the Company in general meeting. Such remuneration shall be deemed to accrue from day to day. The Directors may also be paid all travelling, hotel and other expenses properly incurred by them in attending and returning from meetings of the Directors or any committee of the Directors or general meetings of the Company or in connection with the business of the Company.
Directors’ Remuneration. 24.1 Directors are entitled to such remuneration as the directors determine:
Directors’ Remuneration. Directors’ remuneration has been computed in accordance with the Commercial Companies Law and as per the requirements of Capital Market Authority. Dividends on ordinary shares Dividends on ordinary shares are recognised as a liability and deducted from equity when they are approved by the Company’s shareholders. Earnings and net assets per share The Company presents earnings per share (EPS) and net assets per share for its ordinary shares. Basic EPS is calculated by dividing the profit or loss attributable to ordinary shareholders of the Company by the weighted average number of ordinary shares outstanding during the period. Net assets per share is calculated by dividing the net assets attributable to ordinary shareholders of the Company by the number of ordinary shares outstanding during the period. Net assets for the purpose is defined as net equity.
Directors’ Remuneration. 1) Directors' fees and other similar payments derived by a resident of a Contracting State in his capacity as a member of the board of directors or a simi- lar organ of a company which is a resident of the other Contracting State may be taxed in that other State. The preceding provision shall also apply to payments de- rived in respect of the discharge of func- tions which, under the laws of the Contrac- ting State of which the company is a resi- dent, are regarded as functions of a similar nature as those exercised by a person refer- red to in the said provision.
Directors’ Remuneration. 4.1 The Director benefits from a remuneration consisting of:
Directors’ Remuneration. 1. Directors' fees and other remuneration derived by a resident of the Netherlands in his capacity as a member of the board of directors of a company which is a resident of the Philippines may be taxed in the Philippines.
Directors’ Remuneration. The members of the Board of Directors shall be entitled to minimum remuneration permitted by law until the date of the merger. After the ninth month or the date of the merger, whichever occurs first, remuneration shall be compatible with that practiced on the market of the Company for hiring professionals with expertise necessary for the exercise of the function of a Director.
Directors’ Remuneration. November 1, 1997 to October 31, 1998 November 1, 1998 to October 31, 1999 Xxxxx Xxxxxx $ 23,058 plus $6,000 onetime bonus $ 23,750 (3% increase) Xxx XxXxxxxxxxx 33,619 34,628 (3% increase) Xxxxxx Xxxxxx 53,403 54.285(1.6%increase) Total $ 110,080 $ 112,663
Directors’ Remuneration. The Company shall not pay any fees to ----------------------- its directors other than its independent directors.
