Common use of REMUNERATION AND EXPENSES Clause in Contracts

REMUNERATION AND EXPENSES. No remuneration shall be paid to any Administration Committee Member as such. However, the reasonable expenses of a Member incurred in the performance of an Administration Committee function shall be reimbursed by the Employers in such proportions as the Company decides.

Appears in 3 contracts

Samples: Castle a M & Co, Castle a M & Co, Castle a M & Co

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REMUNERATION AND EXPENSES. No remuneration shall be paid to any Administration Committee Member member as such. However, the reasonable expenses of a Member Committee member incurred in the performance of an Administration a Committee function shall be reimbursed by the Employers in such proportions as the Company decidesCompany.

Appears in 2 contracts

Samples: Trust Agreement (Argo Capital Trust Co), United Insurance Companies Inc

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REMUNERATION AND EXPENSES. No remuneration shall be paid to any Administration a Committee Member member as such. However, the reasonable expenses of a Member Committee incurred in the performance of an Administration a Committee function shall be reimbursed by the Employers in such proportions as the Company decidesEmployers.

Appears in 1 contract

Samples: Employee Stock Ownership Plan (Guaranty Bancshares Inc /Tx/)

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