Compensation of Board Members. Subject to Section 7.5, Board Members, as such, shall not receive any stated salary for their services, but the Board of Managers may authorize the payment to Board Members of a fixed sum and expenses of attendance, if any, for each regular or special meeting of the Board of Managers attended; provided that nothing herein contained shall be construed to preclude any Board Member from serving the LLC in any other capacity and receiving compensation therefor.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Directv Group Inc), Limited Liability Company Agreement (Skyterra Communications Inc)
Compensation of Board Members. Subject to Section 7.5, Board Members, as such, shall not receive any stated salary for their services, but the Board of Managers may authorize the payment to Board Members of a fixed sum and expenses of attendance, if any, for each regular or special meeting of the Board of Managers attended; provided that nothing herein contained shall be construed to preclude any Board Member from serving the LLC in any other capacity and receiving compensation therefor.Managers
Appears in 1 contract
Samples: Limited Liability Company Agreement (HNS-India VSAT, Inc.)
Compensation of Board Members. Subject to Section 7.5, Board Members, as such, shall not receive any stated salary for their services, but the Board of Managers may authorize the payment to Board Members of a fixed sum and expenses of attendance, if any, for each regular or special meeting of the Board of Managers attended; provided that nothing herein contained shall be construed to preclude any Board Member from serving the LLC in any other capacity and receiving compensation therefortherefore.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Hughes Communications, Inc.)
