Common use of Payments to the Manager Clause in Contracts

Payments to the Manager. The Manager may receive compensation for performing management duties, in such amounts as are determined in good faith by the Manager to be reasonable under the circumstances. Manager shall also be entitled to reimbursement of Manager’s reasonable out-of-pocket expenses in connection with the performance of management duties.

Appears in 4 contracts

Samples: Limited Liability Company Operating Agreement, Operating Agreement, Operating Agreement

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