Managers Compensation. The Manager or its members shall receive an allocation of Profits and Losses and a right to Distributions from the Company in accordance with Articles 4 and 5 hereof. Further, they shall be reimbursed for all out-of-pocket expenses incurred in connection with the organization of the Company.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (Mission First Capital LLC), Limited Liability Company Agreement (Mission First Capital LLC), Company Agreement (Paradyme Equities, LLC)
Managers Compensation. The Manager or its members shall receive an allocation of Profits and Losses and a right to Distributions from the Company in accordance with Articles 4 and 5 hereof. Further, they shall be reimbursed for all out-of-pocket expenses incurred in connection with the organization and offering of the Company.
Appears in 5 contracts
Samples: Operating Agreement (Own Our Own Fund I, LLC), Operating Agreement (Own Our Own Fund I, LLC), Operating Agreement (Own Our Own Fund I, LLC)
Managers Compensation. The Manager or its members shall receive an allocation of Profits and Losses and a right to Distributions from the Company in accordance with Articles 4 and 5 hereof. Further, they shall be reimbursed for all All out-of-pocket expenses incurred in connection with the organization of the Company shall be incurred by the Class M Member and shall not be reimbursed by the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mission First Capital LLC)
Managers Compensation. The Manager or its members shall receive an allocation of Profits and Losses and a right to Distributions from the Company in accordance with Articles 4 and 5 hereof. Further, they shall be reimbursed for all out-of-pocket expenses incurred in connection with the organization of the Company, due diligence, or acquisition of the Properties.
Appears in 1 contract
Samples: Operating Agreement
Managers Compensation. The Manager or its members shall receive an allocation of Profits and Losses and a right to Distributions from the Company in accordance with Articles 4 and 5 hereof. Further, they shall be reimbursed for all certain out-of-pocket expenses, which shall not include expenses incurred in connection with the organization and offering of the Company.
Appears in 1 contract
