Common use of Managers Compensation Clause in Contracts

Managers Compensation. The Manager shall receive such compensation as may be determined by the Majority Vote of the Members.

Appears in 10 contracts

Sources: Operating Agreement, Operating Agreement (Chaparral CO2, L.L.C.), Merger Agreement (Chaparral Energy, Inc.)

Managers Compensation. The Manager shall receive such compensation as may be determined by the Majority Vote unanimous vote of the Members.

Appears in 1 contract

Sources: Operating Agreement (Village at Oakwood LLC)