Compensation and Reimbursement of Expenses. Except as approved by the Board, no Member, Director or officer shall be entitled to compensation for actions taken on behalf of the Company; provided, however, that the Company shall reimburse the Directors and Members for any out of pocket expenses reasonably incurred in attending meetings of the Board or of the Members.
Appears in 4 contracts
Samples: Operating Agreement (Sunoco LP), Operating Agreement (Energy Transfer Partners, L.P.), Support Agreement (Sunoco LP)
Compensation and Reimbursement of Expenses. Except as approved by the Board, no No Member, Director Manager or officer shall be entitled to compensation for actions taken on behalf of the Company; provided, however, that the Company shall reimburse the Directors Managers and Members for any out of pocket expenses reasonably incurred in attending meetings of the Board or of the Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Boardwalk Pipeline Partners, LP), Limited Liability Company Agreement (Boardwalk Pipeline Partners, LP)
Compensation and Reimbursement of Expenses. Except as Unless approved by the Board, no Member, Director Manager or officer shall be entitled to compensation for actions taken on behalf of the Company; provided, however, that the Company shall reimburse the Directors and Members for any out of pocket expenses reasonably incurred in attending meetings of the Board or of the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (TransMontaigne Partners L.P.)
Compensation and Reimbursement of Expenses. Except as approved by the Board, no Member, Director No Member or officer shall be entitled to compensation for actions taken on behalf of the Company; provided, however, that the Company shall reimburse the Directors and Members for any out of pocket expenses reasonably incurred in attending meetings of the Board or of the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Paulsboro Natural Gas Pipeline Co LLC)
