Common use of Compensation of Directors Clause in Contracts

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 8 contracts

Samples: Stock Purchase Agreement (Conatus Pharmaceuticals Inc), Agreement and Plan of Merger (Smart & Final Stores, Inc.), Agreement and Plan of Merger (William Lyon Homes)

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Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation or these Bylawsincorporation, the Board board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each such meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetingsmeetings or such compensation as the board of directors may fix.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Micro Investment LLC), Agreement and Plan of Merger (Micro Therapeutics Inc), Agreement and Plan of Merger (Ev3 Inc.)

Compensation of Directors. Section 13. Unless otherwise restricted by the Certificate certificate of Incorporation incorporation or these Bylawsbylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 3 contracts

Samples: License Agreement, Sale Agreement (Lets Talk Cellular & Wireless Inc), Agreement and Plan of Merger (Dura Pharmaceuticals Inc/Ca)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at 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 or other compensation as directora Director. No such payment shall preclude any director Director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. Any Director may decline any or all such compensation payable to such Director in his or her discretion.

Appears in 2 contracts

Samples: Joinder Agreement (Ascendant Digital Acquisition Corp.), Joinder Agreement (Foresight Acquisition Corp.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefortherefore. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Impax Laboratories Inc), Business Combination Agreement (Atlas Holdings, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of for attendance at 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 directorDirector, or both. No such payment shall preclude any director Director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ashland Inc), Agreement and Plan of Merger (Ashland Coal Inc)

Compensation of Directors. Section 13. Unless otherwise restricted by the Certificate Articles of Incorporation or these Bylawsbylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Perry-Judds Inc)

Compensation of Directors. 3.13 Unless otherwise restricted by the Certificate Articles of Incorporation or these Bylawsbylaws, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at 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 directorDirector. No such payment shall preclude any director Director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Powin Corp

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsBy-Laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Realty Income Corp

Compensation of Directors. Section 18. Unless otherwise restricted by the Certificate of Incorporation or these BylawsIncorporation, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and [the directors other than the Chief Executive Officer] may be 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 Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Stock Purchase and Backstop Agreement (Deutsche Bank Ag\)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director, such as may be allowed by resolution of the Board. No such payment Nothing herein contained shall be construed to preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Business Combination Agreement (Pioneer Merger Corp.)

Compensation of Directors. Unless otherwise restricted by the Certificate Articles of Incorporation or these Bylawsby-laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Clear System Recycling, Inc.)

Compensation of Directors. Section 13. Unless otherwise restricted by the Certificate certificate of Incorporation incorporation or these Bylawsby-laws, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the corporation in any other capacity and receiving compensation therefortherefore. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dice Holdings, Inc.)

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Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsIncorporation, the Board of Directors shall have the authority to fix the compensation of the directors. The directors may be paid their expenses, if any, of attendance at 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 paid a stated salary or paid other compensation as director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Master Reorganization Agreement (Linn Energy, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation or these Bylawsincorporation, the Board of Directors shall have the authority to fix the compensation of the directors. The directors may be paid their expenses, if any, of attendance at 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 paid a stated salary or paid other compensation as director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: General Release (Aries Ventures Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation Incorporation, any Stockholders Agreement or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Allied Riser Communications Corp)

Compensation of Directors. SECTION 14. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Metropcs California/Florida Inc

Compensation of Directors. Unless otherwise restricted by law, the Certificate of Incorporation or these BylawsBy-laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees of the Board of Directors may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: Investment Agreement (Aviator Ales Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 or other compensation as a director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. Any director of the Corporation may decline any or all such compensation payable to such director in his or her discretion.

Appears in 1 contract

Samples: Stockholders Agreement (Funko, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority power to fix the compensation of directorsdirectors and members of committees of the Board. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and Directors, may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directordirector and may receive stock options grants and issuances of restricted stock under the Company's equity incentive plan(s). No such payment shall preclude any director from serving the corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Samples: investors.ribboncommunications.com

Compensation of Directors. SECTION 13. Unless otherwise restricted by the Certificate of Incorporation or these BylawsBy-laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at 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 director. No such payment shall preclude any director from serving the corporation Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.. REMOVAL OF DIRECTORS

Appears in 1 contract

Samples: Rights Agreement

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