Common use of Sitting Fees Clause in Contracts

Sitting Fees. The Non- Executive / Independent Director may receive remuneration by way offees for attending meetings of Board or Committee thereof. Provided that the amount of such fees shall be decided by the Board and subject tothe limit as provided in the Act.

Sitting Fees. The Non- Executive / Independent Director may receive remuneration by way offees of fees for attending meetings of Board or Committee thereof. Provided that the amount of such fees shall be decided by the Board and subject tothe to the limit as provided in the Act.