Compensation of Board Members. No Board Member shall be entitled to receive compensation or expense reimbursement from the Company for his or her services as a Board Member. Nothing contained in this Agreement shall be construed to preclude a Board Member from serving the Company in any other capacity.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Par Pacific Holdings, Inc.), Limited Liability Company Agreement (Par Petroleum Corp/Co), Limited Liability Company Agreement (Delta Petroleum Corp/Co)
Compensation of Board Members. No Board Member Members, as such, shall be entitled to not receive any compensation or expense reimbursement from the Company for his or her services as a Board Member. Nothing their services; provided that nothing herein contained in this Agreement shall be construed to preclude a any Board Member from serving the Company LLC in any other capacitycapacity and receiving compensation therefor.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (O Charleys Inc), Limited Liability Company Agreement (O Charleys Inc)
Compensation of Board Members. No Other than as expressly provided herein, no Board Member shall be entitled to receive compensation or expense reimbursement from the Company for his or her services as a Board Member. Nothing contained in this Agreement shall be construed to preclude a Board Member from serving the Company in any other capacity. Notwithstanding the foregoing, the Company shall pay all reasonable and documented out-of-pocket expenses, including commercial air travel fares, incurred by any Board Member in connection with his or her participation in meetings of the Board and attending to the business of the Company.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Par Pacific Holdings, Inc.)
