Examples of Compensation of Directors in a sentence
Compensation of Directors: Directors shall receive such reasonable compensation for their service on the Board of Directors or any committees thereof, whether in the form of salary or a fixed fee for attendance at meetings, or both, with expenses, if any, as the Board of Directors may from time to time determine.
Compensation of Directors and reimbursement of their expenses incurred in connection with the business of the Corporation, if any, shall be as determined from time to time by resolution of the Board of Directors.
Compensation of Directors: Directors, as such, shall not receive any stated salary for their services, but a fixed sum and expenses of attendance, if any, may be allowed for attendance at each regular or special meeting of the board by resolution of the board, provided that nothing contained in these bylaws shall be construed to preclude any director from serving the corporation in any other capacity and receiving compensation for such service.
ARTICLE 9 Compensation of Directors and Members of Committees Directors and associate directors of the Company, other than salaried officers of the Company, shall be paid such reasonable honoraria or fees for attending meetings of the Board of Directors as the Board of Directors may from time to time determine.
BOARD OF DIRECTORS 3 10.1 General Powers 3 10.2 Number, Election and Term 3 10.3 Resignation of Directors 3 10.4 Removal of Directors by Member 3 10.5 Vacancy on Board 3 10.6 Compensation of Directors 3 10.7 Meetings 4 TABLE OF CONTENTS (continued) Section 10.8 Special Meetings 4 10.9 Action Without Meeting 4 10.10 Notice of Meetings 4 10.11 Quorum and Voting 4 10.12 Chairman and Vice Chairman of the Board 4 11.
A committee of the board upon which he does not serve, duly established in accordance with the provisions of the Articles of Incorporation or these Bylaws, as to matters within its designated authority and matters on which committee the director or officer reasonably believes to merit confidence.6.2 Restrictions on Transactions Involving Interested Directors or Officers; Compensation of Directors.
These Bylaws may be amended by the affirmative vote of a majority of the whole Board of Directors in any manner not inconsistent with any provision of law or of the Corporation’s Certificate of Incorporation; provided, that the Board may not amend this Section 7.2, or the bonus proviso of Section 2.13 (Compensation of Directors), or Section 2.15 (Removal of Directors), Section 4.5 (Removal of Elected Officers) or Section 4.6 (Compensation of Elected Officers).
These Bylaws may be amended by the affirmative vote of a majority of the whole Board of Directors in any manner not inconsistent with any provision of law or of the certificate of incorporation; provided, that the Board may not amend this Section 7.2, or the bonus proviso of Section 2.13 (Compensation of Directors), or Section 2.15 (Removal of Directors), Section 4.6 (Removal of Elected Officers) or Section 4.7 (Compensation of Elected Officers).
Compensation of Directors, if any, shall be as determined from time to time by resolution of the Board of Directors.
Compensation of Directors We have not instituted a policy of compensating non-management directors.