Common use of Fees and Compensation of Directors Clause in Contracts

Fees and Compensation of Directors. Directors and members of committees may receive such compensation, if any, for their services and such reimbursement of expenses as may be fixed or determined by resolution of the board of directors. This Section 3.13 shall not be construed to preclude any director from serving the corporation in any other capacity as an officer, agent, employee or otherwise and receiving compensation for those services.

Appears in 4 contracts

Samples: Shareholder Agreement (Phone Com Inc), Stock Purchase Agreement (Lightspan Partnership Inc), Stock Purchase Agreement (Lightspan Partnership Inc)

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Fees and Compensation of Directors. Directors and members of committees may receive such compensation, if any, for their services and such reimbursement of expenses as may be fixed or determined by resolution of the board Board of directorsDirectors. This Section 3.13 3.11 shall not be construed to preclude any director Director from serving the corporation Corporation in any other capacity as an officer, agent, employee or otherwise and receiving compensation for those services.

Appears in 2 contracts

Samples: Securities Purchase Agreement (MDNA Life Sciences, Inc.), Securities Purchase Agreement (MDNA Life Sciences, Inc.)

Fees and Compensation of Directors. Directors and members of committees may receive such compensation, if any, for their services and such reimbursement of expenses as may be fixed or determined by resolution of the board Board of directorsDirectors. This Section 3.13 3.14 shall not be construed to preclude any director from serving the corporation in any other capacity as an officer, agent, employee or otherwise and receiving compensation for those services.

Appears in 2 contracts

Samples: Eagle Aero Holdings CORP, Eagle Aero Holdings CORP

Fees and Compensation of Directors. Directors and members of committees may receive such compensation, if any, for their services and such reimbursement of expenses as may be fixed or determined by resolution of the board of directors. This Section 3.13 shall not be construed to preclude any director from serving the corporation in any other capacity as an officer, agent, employee or otherwise and receiving compensation for those services. 3.14.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Merger (Peerless Systems Corp)

Fees and Compensation of Directors. Directors and members of committees may receive such compensation, if any, including a stated salary, for their services and such reimbursement of expenses for attendance at each meeting as may be fixed or determined by resolution of the board of directorsBoard. This Section 3.13 11 shall not be construed to preclude any director Director from serving the corporation Partnership in any other capacity capacity, as an officer, agent, employee employee, or otherwise otherwise, and receiving compensation for those services.

Appears in 1 contract

Samples: Federated Core Trust Ii

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Fees and Compensation of Directors. Directors and members of committees may receive such compensation, if any, for their services and such reimbursement of expenses as may be fixed or determined by resolution of the board of directors. This Section 3.13 3.15 shall not be construed to preclude any director from serving the corporation in any other capacity as an officer, agent, employee or otherwise and receiving compensation for those services.

Appears in 1 contract

Samples: Recapitalization Agreement (Mapquest Com Inc)

Fees and Compensation of Directors. Directors and members of committees may receive such compensation, if any, for their services services, and such reimbursement of expenses expenses, as may be fixed or determined by resolution of the board of directors. This Section 3.13 Nothing herein contained shall not be construed to preclude any director from serving the corporation in any other capacity as an officer, agent, employee employee, or otherwise otherwise, and receiving compensation for those such services.

Appears in 1 contract

Samples: Agreement (Entech Environmental Technologies Inc)

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