Common use of Compensation of Directors Clause in Contracts

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such service.

Appears in 13 contracts

Samples: Business Combination Agreement and Plan of Reorganization (Novus Capital Corp II), Agreement and Plan of Merger (TradeUP Acquisition Corp.), Transaction Agreement and Plan of Merger (Baker Hughes Inc)

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Compensation of Directors. Directors may Each director shall be paid entitled to receive such compensation for their services and such reimbursement for expenses of attendance at meetings compensation, if any, as the Board may from time to time determinebe fixed by the Board. Members of special or standing committees may be allowed like compensation for attending committee meetings. Directors may also be reimbursed by the Company for all reasonable expenses incurred in traveling to and from the place of each meeting of the Board or of any such committee or otherwise incurred in the performance of their duties as directors. No such payment referred to herein shall preclude any director from serving the Corporation or any of its parent or subsidiary entities Company in any other capacity and receiving compensation for such servicetherefor.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Cooke Bros Holdings LTD), Limited Liability Company Agreement (Cooke Bros Holdings LTD), Limited Liability Company Agreement (Cooke Bros Holdings LTD)

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation corporation or any of its parent or subsidiary entities corporations in any other capacity and receiving compensation for such service.

Appears in 10 contracts

Samples: License and Marketing Agreement, Agreement and Plan of Merger (On Semiconductor Corp), Transfer and Administration Agreement (Fresenius Medical Care AG & Co. KGaA)

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such service.

Appears in 7 contracts

Samples: Separation and Distribution Agreement (Inhibrx, Inc.), Agreement and Plan of Merger (Arsanis, Inc.), Agreement and Plan of Merger (Infinity Pharmaceuticals, Inc.)

Compensation of Directors. Directors The directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities corporations in any other capacity and receiving compensation for such service.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Entegris Inc), Agreement and Plan of Merger (Mykrolis Corp), Agreement and Plan of Merger (Lumera Corp)

Compensation of Directors. Directors may Each director shall be paid entitled to receive such compensation for their services and such reimbursement for expenses of attendance at meetings compensation, if any, as the Board may from time to time determinebe fixed by the Board of Directors. Members of special or standing committees may be allowed like compensation for attending committee meetings. Directors may also be reimbursed by the Corporation for all reasonable expenses incurred in traveling to and from the place of each meeting of the Board or of any such committee or otherwise incurred in the performance of their duties as directors. No such payment referred to herein shall preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such servicetherefor.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Primo Water Corp), Agreement and Plan of Merger (Cott Corp /Cn/), Agreement and Plan of Merger (Kulicke & Soffa Industries Inc)

Compensation of Directors. Directors may be paid shall receive such reasonable compensation for their services and such reimbursement as directors, whether in the form of salary or a fixed fee for expenses of attendance at meetings meetings, with reimbursement of expenses, if any, as the Board may from time to time may determine. No such payment shall preclude Except as otherwise provided in these By-Laws, any Committee Charter or Applicable Law, any director from serving may serve the Corporation or any of its parent or subsidiary entities in any other capacity and receiving receive compensation for such that service.

Appears in 3 contracts

Samples: Record Dates and Dividends (Spar Group Inc), By (Brown Robert G/), By (Bartels Williams H)

Compensation of Directors. Directors Directors, as such, shall not receive any stated salary for their services, but may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings amounts as the Board may be fixed from time to time determineby resolution of the Board. Expenses of attendance, if any, may be paid for attendance at each regular or special meeting of the Board. No such payment payments shall preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for such serviceattending committee meetings.

Appears in 3 contracts

Samples: Consulting Agreement, www.annualreports.com, usermanual.wiki

Compensation of Directors. Directors may be paid such compensation receive a fixed sum and expenses for their services and such reimbursement for expenses of attendance at regular and special meetings and committee meetings, or any combination of the foregoing as the Board may be determined from time to time determine. No such payment by the Board of Directors, and nothing contained herein shall be construed to preclude any director Director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such servicetherefore.

Appears in 2 contracts

Samples: Stock Option Agreement (Shore Bancshares Inc), Plan and Agreement to Merge (Talbot Bancshares Inc)

Compensation of Directors. Directors Section 12. The directors may be paid such compensation for their services and such reimbursement for expenses expenses, if any, of attendance at meetings each meeting of the board of directors and may be paid a fixed sum for attendance at each meeting of the board of directors or a stated salary as the Board may from time to time determinedirector. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for such serviceattending committee meetings.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American Medical Systems Holdings Inc), Agreement and Plan of Merger (Endo Pharmaceuticals Holdings Inc)

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such service.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Workstream Inc), Agreement and Plan of Merger (Workstream Inc)

Compensation of Directors. Directors may be paid such compensation ------------------------- for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities corporations in any other capacity and receiving compensation for such service.

Appears in 2 contracts

Samples: Stockholder Agreement (Mattson Technology Inc), Matrixone Inc

Compensation of Directors. Directors Section 1. The directors may be paid such compensation for their services and such reimbursement for expenses expenses, if any, of attendance at meetings as each meeting of the Board of Directors and may from time to time determinebe paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for such serviceattending committee meetings.

Appears in 1 contract

Samples: Agreement and Plan of Merger (IAC/InterActiveCorp)

Compensation of Directors. Directors may be paid such compensation ------------------------- for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director Director from serving the Corporation or any of its parent or subsidiary entities corporation in any other capacity and receiving compensation for such servicetherefor.

Appears in 1 contract

Samples: Rights Agreement

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation corporation or any of its parent or subsidiary entities corporations in any other capacity and receiving compensation for such service. SECTION 2.15.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kapstone Paper & Packaging Corp)

Compensation of Directors. Directors shall not receive any stated compensation for their service as such unless such compensation shall have been approved by the Member, but, by resolution of the Board of Directors, fees in a reasonable amount may be paid to the directors for attendance at each meeting of the Board of Directors or at any adjournment of any such compensation for their services and such reimbursement meeting. Directors may also be entitled, by resolution of the Board of Directors, to be reimbursed for expenses of attendance at meetings as the Board may from time incurred in attending any such meeting. Nothing herein contained shall be construed to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and or receiving compensation for such service.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Idearc Media Sales - West Inc)

Compensation of Directors. Directors may be paid shall receive such reasonable compensation for their services and such reimbursement whether in the form of salary or a fixed fee for expenses of attendance at meetings meetings, with expenses, if any, as the Board of Directors may from time to time determine. No such payment Nothing herein contained shall be construed to preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such servicetherefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ebro Puleva Partners G.P.)

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Compensation of Directors. Directors may be paid shall receive such reasonable compensation for their services and such reimbursement service on the Board of Directors or any committees thereof, whether in the form of salary or a fixed fee for expenses of attendance at meetings meetings, or both, with expenses, if any, as the Board of Directors may from time to time determine. No such payment Nothing herein contained shall be construed to preclude any director Director from serving the Corporation or any of its parent or subsidiary entities corporation in any other capacity and receiving compensation for such servicetherefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Juniper Partners Acquisition Corp.)

Compensation of Directors. Directors may be paid receive such reasonable compensation for their services and such reimbursement services, whether in the form of salary or a fixed fee for expenses of attendance at meetings Board or Board committee meetings, with expenses, if any, as the Board may from time to time determine. No such payment Nothing herein contained shall be construed to preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such servicetherefor.

Appears in 1 contract

Samples: Organization and Ownership Structure

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent parents or subsidiary entities subsidiaries in any other capacity and receiving compensation for such service.

Appears in 1 contract

Samples: Combination Agreement (NYSE Group, Inc.)

Compensation of Directors. Directors may be paid receive such reasonable compensation for their services and such reimbursement as directors, whether in the form of salary or a fixed fee for expenses of attendance at meetings meetings, with expenses, if any, as the Board of Directors may from time to time determine. No such payment Nothing contained herein shall be construed to preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such servicetherefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Icahn Enterprises Holdings L.P.)

Compensation of Directors. Section 13. The Directors may be paid such compensation their expenses, if any, if attending meetings of the Board and may be paid a fixed sum for their services and such reimbursement for expenses of attendance at meetings as each meeting of the Board may from time to time determineor stated salaries as Directors. No such payment shall preclude any director Director from serving the Corporation or any of its parent or subsidiary entities Company in any other capacity and receiving compensation therefor. Directors serving on special or standing committees may similarly be allowed compensation for such serviceattending committee meetings.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Universal Outdoor Inc)

Compensation of Directors. Directors may be paid such compensation ------------------------- for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time the determine. No such payment shall preclude any director from serving the Corporation corporation or any of its parent or subsidiary entities corporations in any other capacity and receiving compensation for such service.

Appears in 1 contract

Samples: Agreement and Plan of Merger (DSP Technology Inc)

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities corporations in any other capacity and receiving compensation for such service.

Appears in 1 contract

Samples: Biotransplant Inc

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities corporations or any of its stockholders in any other capacity and receiving compensation for such service.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Yahoo Inc)

Compensation of Directors. Directors Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings of the Board or any committee thereof as the Board may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities in any other capacity and receiving compensation for such service.

Appears in 1 contract

Samples: Investment and Transaction Agreement (Id Systems Inc)

Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board may from time to time determine. No such payment shall preclude any director from serving the Corporation or any of its parent or subsidiary entities Corporations in any other capacity and receiving compensation for such service.

Appears in 1 contract

Samples: Letter Agreement (FTAC Athena Acquisition Corp.)

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