Common use of Salary and Expenses Clause in Contracts

Salary and Expenses. The Manager shall be entitled to reasonable compensation for services as reasonably determined by the Sole Member and is also entitled to reimbursement by the Company for reasonable and necessary out-of-pocket expenses incurred by the Manager on behalf of the Company.

Appears in 12 contracts

Samples: Operating Agreement (Drivetime Automotive Group Inc), Operating Agreement (DriveTime Ohio Company, LLC), Operating Agreement (DriveTime Ohio Company, LLC)

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Salary and Expenses. The Manager may receive reasonable compensation for services rendered in his capacity as Manager as determined by the consent of all of the Members. The Manager and Members shall be entitled to reasonable compensation for services as reasonably determined by have the Sole Member and is also entitled to reimbursement Company pay, or be reimbursed by the Company for for, reasonable and necessary out-of-pocket expenses incurred by the Manager on behalf of the CompanyCompany and approved by the Manager(s).

Appears in 1 contract

Samples: Operating Agreement (MVP REIT II, Inc.)

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Salary and Expenses. The Manager Managers shall be entitled to reasonable compensation for services as reasonably determined by the Sole Member and is are also entitled to reimbursement by the Company for reasonable and necessary out-of-pocket expenses incurred by the Manager Managers on behalf of the Company.

Appears in 1 contract

Samples: Operating Agreement (DT Credit Company, LLC)

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