Common use of Compensation of Manager Clause in Contracts

Compensation of Manager. The LLC shall pay to the Manager such salary and other benefits as shall be approved from time to time by a Vote of the Members. The LLC shall reimburse the Manager for any expense paid by a Manager that properly is to be borne by the LLC.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (Emvelco Corp.), Limited Liability Company Operating Agreement (Euroweb International Corp), Limited Liability Company Operating Agreement (Euroweb International Corp)

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Compensation of Manager. The LLC shall pay to the each Manager such salary and other benefits as shall be approved from time to time by a Vote of the MembersMember. The LLC shall reimburse the Manager Managers for any reasonable expense paid by a Manager that properly is to be borne by the LLC.

Appears in 2 contracts

Samples: Company Agreement (Citi TeeVee LLC), Company Agreement (Citi TeeVee LLC)

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Compensation of Manager. The LLC shall pay to the Manager such salary and other benefits as shall be approved from time to time by a Vote of the Members. The LLC shall reimburse the Manager for any expense paid by a the Manager that properly is to be borne by the LLC.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (G&l Realty Corp), Company Operating Agreement (Kennedy Wilson Inc)

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