Common use of Fees and Compensation Clause in Contracts

Fees and Compensation. Directors shall not receive any stated salary for their services as Directors, but by resolution of the Board of Directors a fixed fee, with or without expense of attendance, may be allowed for attendance at each meeting and at each meeting of any Committee of the Board of Directors. Nothing herein contained shall be construed to preclude any Director from serving the corporation in any other capacity as an officer, agent, employee, or otherwise and receiving compensation therefor.

Fees and Compensation. Directors shall not receive any stated salary for their services as Directorsdirectors, but but, by resolution of the Board of Directors board, a fixed fee, with or without expense expenses of attendance, may be allowed for attendance at each meeting and at each meeting of any Committee of the Board of Directorsmeeting. Nothing herein contained shall be construed to preclude any Director director from serving the corporation Corporation in any other capacity as an officer, agent, employee, or otherwise otherwise, and receiving compensation therefor.

Fees and Compensation. Directors shall not receive any stated salary for their services as Directors, but but, by resolution of the Board of Directors Board, a fixed fee, with or without expense expenses of attendance, may be allowed for attendance at each meeting and at each meeting of any Committee of the Board of Directorsmeeting. Nothing herein contained shall be construed to preclude any Director from serving the corporation in any other capacity as an officer, agent, employee, or otherwise otherwise, and receiving compensation therefor.

Fees and Compensation. Directors shall not receive any stated salary for their services as Directorsdirectors, but but, by resolution of the Board of Directors board, a fixed fee, with or without expense expenses of attendanceattending, may be allowed for attendance at each meeting and at each meeting of any Committee of the Board of Directorsmeeting. Nothing herein contained shall be construed to preclude any Director director from serving the corporation in any other capacity as an officer, agent, employee, or otherwise otherwise, and receiving compensation therefor.

Fees and Compensation. Directors shall not receive any stated salary for their services as Directorsdirectors, but but, by resolution of the Board of Directors Board, adopted in advance of, or after the meeting for which payment is to be made, a fixed fee, with or without expense expenses of attendance, may be allowed one or more of the directors for attendance at each meeting and at each meeting of any Committee of the Board of Directorsmeeting. Nothing herein contained shall be construed to preclude any Director director from serving the corporation in any other capacity as an officer, agent, employee, or otherwise otherwise, and receiving compensation therefor.. FRANCODEX, INC. Corporate Bylaws