Common use of Compensation; Reimbursement Clause in Contracts

Compensation; Reimbursement. The Managers may not receive compensation for their services; however, the Company may reimburse the Managers for all direct out-of-pocket expenses incurred by them in managing the Company.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement, Amended and Restated Operating Agreement

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Compensation; Reimbursement. The Managers may not receive compensation for their services; , however, the Company may shall reimburse the Managers for all direct out-of-pocket expenses incurred by them in managing the Company.

Appears in 1 contract

Samples: Operating Agreement

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Compensation; Reimbursement. The Managers may not receive compensation for their services; however, the Company may reimburse the Managers for all direct out-of-pocket expenses incurred by them in managing the Company.Company.β€Œ

Appears in 1 contract

Samples: Operating Agreement

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