Common use of REMUNERATION FOR DIRECTORS Clause in Contracts

REMUNERATION FOR DIRECTORS. Directors shall be entitled to fees for acting as a director of the Company, as determined in an Authorized Operating Budget. All directors may be paid reasonable expenses thereof incurred when acting as directors.

Appears in 1 contract

Sources: Members' Agreement

REMUNERATION FOR DIRECTORS. Directors shall be entitled to fees for acting as a director of the Company, as determined in an Authorized Operating Budget. All directors may be paid reasonable expenses thereof incurred when acting as directors.

Appears in 1 contract

Sources: Nomination Request