Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the Members, no Member shall be entitled to compensation for services performed for the Company. However, upon substantiation of the amount and purpose thereof, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Ipr LLC), Operating Agreement (New Holland Credit Company, LLC), Limited Liability Company Agreement (Yeah Iptv)
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the MembersManager, no Member shall be entitled to compensation for services performed for the Company. However, upon Upon substantiation of the amount and purpose thereof, however, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 4 contracts
Samples: Operating Agreement, Operating Agreement (Fair-Haired Dumbbell LLC), Operating Agreement (Fair-Haired Dumbbell LLC)
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the Members, no Member shall be entitled to compensation for services performed for the Company. However, upon substantiation of the amount and purpose thereofthereof in accordance with the policies of the Company, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the MembersBoard, no Member shall be entitled to compensation for services performed for the Company. However, upon substantiation of the amount and purpose thereofthereof in accordance with the policies of the Company, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless provided in a written agreement approved by the Membersin accordance with Section 3.3.3 hereof, no Member shall be entitled to compensation for services performed for the Company. However, upon substantiation of the amount and purpose thereof, the Members shall be entitled to Company or reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 1 contract
Samples: Operating Agreement (Beard Co /Ok)
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the Members, no Member shall be entitled to compensation for services performed for the Company. However, upon Upon substantiation of the amount and purpose thereof, however, the Members Member shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 1 contract
Samples: Operating Agreement (Texas Unwired)
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the MembersManagement Committee, no Member shall be entitled to compensation for services performed for the Company. However, upon substantiation of the amount and purpose thereof, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 1 contract
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the Class A Members, no Member shall be entitled to compensation for services performed for the Company. However, upon substantiation of the amount and purpose thereof, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 1 contract
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the Members, no Member shall be entitled to compensation for services performed for the Company. However, upon substantiation of the amount and purpose thereof, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities of the Companycompany.
Appears in 1 contract
Samples: Operating Agreement (Premier Mortgage Resources Inc)
Personal Services. No Member shall will be required to perform services for the Company solely by virtue of being a Member. Unless approved by the MembersBoard, no Member shall be is entitled to compensation for services performed for the Company. However, upon Upon substantiation of the amount and purpose thereofthereof as determined by the Board; provided that, the Members shall each Member will be entitled to reimbursement for expenses reasonably incurred in connection with the activities performed by such Member on behalf of the CompanyCompany (and at the direction of the Board).
Appears in 1 contract
Samples: Operating Agreement (CERES Coin LLC)
Personal Services. No Member shall be required to perform services for the Company solely by virtue of being a Member. Unless approved by the Members-44- Board, no Member (or Affiliate thereof) shall be entitled to compensation for any services performed for the Company. However, upon substantiation of the amount and purpose thereof, the Members shall be entitled to reimbursement for expenses reasonably incurred in connection with the activities Company other than as an employee of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Sylvan Learning Systems Inc)