Fees, Expenses and Reimbursement. (a) The Board of Directors may cause the Company to compensate each Director for his or her services as such. In addition, the Directors shall be reimbursed by the Company for reasonable out-of-pocket expenses incurred by them in performing their duties under this Agreement.
Appears in 15 contracts
Samples: Limited Liability Company Agreement (BlackRock Alternatives Allocation Portfolio LLC), Limited Liability Company Agreement (Zea Capital Fund LLC), Limited Liability Company Agreement (BlackRock Core Alternatives Portfolio LLC)
Fees, Expenses and Reimbursement. (a) The Board of Directors may cause the Company to compensate each Director for his or her services as suchhereunder. In addition, the Company shall reimburse the Directors shall be reimbursed by the Company for reasonable out-of-pocket expenses incurred by them in performing their duties under this Agreement.
Appears in 4 contracts
Samples: Limited Liability Company Operating Agreement (Feg Absolute Access Tei Fund LLC), Limited Liability Company Operating Agreement (FEG Directional Access TEI Fund LLC), Limited Liability Company Operating Agreement (Feg Absolute Access Tei Fund LLC)
