Personal Services. 5.6.1. The Member is not required to perform services for the Company solely by virtue of being a Member. 5.6.2. Upon subordination of the amount and purpose thereof, the Member shall be entitled to compensation and to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 15 contracts
Samples: Operating Agreement (Kimball Hill, Inc.), Operating Agreement (Kimball Hill, Inc.), Operating Agreement (Kimball Hill, Inc.)
Personal Services. 5.6.16.6.1. The Member is not required to perform services for the Company solely by virtue of being a Member.
5.6.26.6.2. Upon subordination of the amount and purpose thereof, the Member shall be entitled to compensation and to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 1 contract
Personal Services. 5.6.1. The Member is not required to perform services for the Company solely by virtue of being a Member.
5.6.2. Upon subordination substantiation of the amount and purpose thereof, the Member shall be entitled to compensation and to reimbursement for expenses reasonably incurred in connection with the activities of the Company.
Appears in 1 contract
Samples: Operating Agreement (National Credit & Guaranty CORP)
