Common use of Compensation of Trustees Clause in Contracts

Compensation of Trustees. Trustees shall receive such compensation, including stated salaries, retirement benefits, deferred compensation or any other form of compensation, as may be set from time to time by the Board of Trustees. The Trust is authorized to pay the necessary expenses of members of the Board of Trustees incurred in connection with the performance of the official duties of their office.

Appears in 5 contracts

Samples: Persimmon Growth Partners Investor Fund, Philadelphia Investment Partners New Generation Fund, Constellation Institutional Portfolios

AutoNDA by SimpleDocs

Compensation of Trustees. Subject to any applicable provisions of the Declaration of Trust, Trustees shall receive such compensation, including stated salaries, retirement benefits, deferred compensation or any other form of compensation, as may be set from time to time by the Board of Trustees. The Trust is authorized to pay the necessary expenses of members of the Board of Trustees incurred in connection with the performance of the official duties of their office.

Appears in 1 contract

Samples: Manor Investment Funds Inc

AutoNDA by SimpleDocs

Compensation of Trustees. Trustees shall receive such compensation, including stated salaries, retirement benefits, deferred compensation or any other form of compensation, as may be set from time to time by the Board of TrusteesTrustees or by the Nominating and Compensation Committee. The Trust is authorized to pay the necessary expenses of members of the Board of Trustees incurred in connection with the performance of the official duties of their office.

Appears in 1 contract

Samples: Friends Ivory & Sime Funds

Time is Money Join Law Insider Premium to draft better contracts faster.