Compensation of Directors. Directors of the Company, as such, shall not be entitled to compensation, unless otherwise unanimously approved by the Members.
Appears in 8 contracts
Sources: Limited Liability Company Agreement (Phillips 66), Consent Agreement (Phillips 66), Limited Liability Company Agreement (Phillips 66)
Compensation of Directors. Directors of the Company, in their capacity as such, shall not be entitled to compensation, unless otherwise unanimously unless, and to the extent, approved by the Managing Members.
Appears in 7 contracts
Sources: Operating Agreement (Lazard Group LLC), Operating Agreement (Lazard LTD), Operating Agreement (Lazard LTD)
Compensation of Directors. Directors of the Company, in their capacity as such, shall not be entitled to compensation, unless otherwise unanimously unless, and to the extent, approved by the MembersManaging Member.
Appears in 4 contracts
Sources: Operating Agreement, Operating Agreement (Lazard LTD), Operating Agreement (Lazard LTD)
Compensation of Directors. Directors of the Company, as such, shall not be entitled to compensation, any compensation unless otherwise unanimously approved determined by the MembersBoard, acting with unanimous consent.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (Sanchez Energy Corp), Securities Purchase Agreement (Sanchez Energy Corp), Securities Purchase Agreement (Sanchez Energy Corp)