Common use of REMUNERATION AND EXPENSES Clause in Contracts

REMUNERATION AND EXPENSES. No remuneration shall be paid to any Administration Committee Member as such. However, the reasonable expenses of a Member incurred in the performance of an Administration Committee function shall be reimbursed by the Employers in such proportions as the Company decides.

Appears in 3 contracts

Samples: 401(k) Savings and Retirement Plan (Castle a M & Co), 401(k) Savings and Retirement Plan (Castle a M & Co), 401(k) Savings and Retirement Plan (Castle a M & Co)

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REMUNERATION AND EXPENSES. No remuneration shall be paid to any Administration Committee Member member as such. However, the reasonable expenses of a Member Committee member incurred in the performance of an Administration a Committee function shall be reimbursed by the Employers in such proportions as the Company decidesCompany.

Appears in 2 contracts

Samples: Employee Stock Ownership Plan (United Insurance Companies Inc), Management Recognition and Retention Plan (Argo Capital Trust Co)

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