Reimbursement and Remuneration Sample Clauses

Reimbursement and Remuneration. The Manager will not be compensated for acting in such capacity, but will be entitled to reimbursement for reasonable expenses incurred in furtherance of the business or management of the Company.
AutoNDA by SimpleDocs
Reimbursement and Remuneration. The compensation and other benefits provided to management of the Company shall be determined by the Board of Managers and any Manager whose compensation and other benefits are being so determined shall not be excluded from such determination without his or her consent. The Company will bear all operating and capital costs of the business, including, without limitation, the Incremental Directly Allocable Costs of any digital content provided by Verizon or any Affiliate to the Company in accordance with the Business Plan and Budget. Except as otherwise provided for in a separate agreement entered into by the Company on the one hand, and a Member or Manager on the other (including each Ancillary Agreement), the Members and Managers shall be entitled to reimbursement for reasonable expenses incurred in furtherance of the business or management of the Company based on such Member’s Incremental Directly Allocable Costs, provided that such expenses are in accordance with the applicable Business Plan or annual Budget and include pricing that is generally consistent with pricing typically charged by third parties for the same or similar goods and/or services to customers like the Company. Distributions received by the Members pursuant to Article 4 are not, and shall not be deemed to be, remuneration within the meaning of this Section 6.5.
Reimbursement and Remuneration. The Managing Member shall not be compensated for acting in such capacity, but shall be entitled to reimbursement for reasonable expenses including the Managing Member’s reasonably allocated overhead expenses incurred in furtherance of the business or management of the Company. Distributions received by the Members pursuant to Articles 4 and 8 are not, and shall not be deemed to be, remuneration within the meaning of this Section 6.3.
Reimbursement and Remuneration. Unless otherwise agreed by a Member Majority, members of the Board of Managers will not be compensated for acting in such capacity, but will be entitled to reimbursement for reasonable expenses incurred in furtherance of the business or management of the Company.
Reimbursement and Remuneration. All expenditures reasonably and necessarily incurred by the Managing Partner in carrying out the overall supervision and control of the business and affWrs of the Partnership, including all reasonable and necessary overhead and administration expenses, shall be paid by the Partnership and the Managing Partner shall be reimbursed therefor within 30 days of requesting payment. The Managing Partner shall be entitled to receive, as remuneration for its services as Managing Partner of the Partnership, such compensation as shall be agreed upon, from time to time, by a Majority of the Partners.
Reimbursement and Remuneration. HOBO Managers and Evolve Managers will not be compensated for acting in such capacity, subject to compliance with the Company Group’s expense reimbursement policy, but will be entitled to reimbursement for reasonable travel expenses incurred in connection with attending any meeting of the Board. Distributions received by the Members pursuant to ​ ‎Article V and Article IX are not, and will not be deemed to be, remuneration within the meaning of this Section 6.2(k).

Related to Reimbursement and Remuneration

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Compensation, Reimbursement and Indemnification The Company agrees:

  • Reimbursement Costs (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys’ fees, including any allocated costs of the Bank’s in-house counsel to the extent permitted by applicable law.

  • Compensation and Reimbursement The Company agrees:

  • Fees, Expenses and Reimbursement (a) So long as the Administrator provides Administrative Services to the Company, it shall be entitled to receive reasonable and customary fees for such services as well as out-of-pocket expenses as may be agreed to by the Administrator and the Company pursuant to a separate written agreement.

  • Compensation Benefits and Reimbursement (a) The compensation specified under this Agreement shall constitute the salary and benefits paid for the duties described in Section 2(b). The Association shall pay Executive as compensation a salary of not less than $_____________ per year ("Base Salary"). Such Base Salary shall be payable biweekly, or with such other frequency as officers and employees are generally paid. During the period of this Agreement, Executive's Base Salary shall be reviewed at least annually. Such review may be conducted by a Committee designated by the Board, and the Board may increase, but not decrease (except a decrease that is generally applicable to all employees), Executive's Base Salary (any increase in Base Salary shall become the "Base Salary" for purposes of this Agreement). In addition to the Base Salary provided in this Section 3(a), the Association shall provide Executive at no cost to Executive with all such other benefits as are provided uniformly to permanent full-time employees of the Association. Base Salary shall include any amounts of compensation deferred by Executive under qualified and nonqualified plans maintained by the Association.

  • Section 607 Compensation and Reimbursement The Company agrees

  • Reimbursement Payments The Department shall, to the extent funds are available, reimburse the Grantee for eligible claims presented for payment if the Department determines the requirements for reimbursement have been met. Claims under this Contract can only be made for the period this Contract is in effect. Reimbursement programs include the following:

  • Reimbursements and In-Kind Benefits Notwithstanding anything to the contrary in this Agreement, all reimbursements and in-kind benefits provided under this Agreement that are subject to Section 409A of the Code shall be made in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that (A) any reimbursement is for expenses incurred during Executive’s lifetime (or during a shorter period of time specified in this Agreement); (B) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (C) the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and (D) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit.

  • Compensation and Expense Reimbursement A. Client will pay the Company, as compensation for the services provided for in this Agreement and as reimbursement for expenses incurred by Company on Client's behalf, in the manner set forth in Schedule A annexed to this Agreement which Schedule is incorporated herein by reference.

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