Compensation of Managers. The Managers shall be reimbursed for all reasonable expenses incurred in connection with the performance of their duties as Managers. In addition, the Independent Manager shall be entitled to reasonable compensation, in an amount determined from time to time by the Executive Committee.
Appears in 8 contracts
Samples: Limited Liability Company Operating Agreement (ET Wayne Finance, L.L.C.), Limited Liability Company Operating Agreement (ET Wayne Finance, L.L.C.), Limited Liability Company Agreement (Xm Investment LLC)
Compensation of Managers. The Managers shall be reimbursed for all reasonable expenses incurred in connection with the performance of their duties as Managers. In addition, the Independent Manager shall be entitled to reasonable compensation, in an amount determined from time to time by the Executive Committee.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (FF-TSY Holding CO II, LLC), Operating Agreement (HMC Merger Corp), Operating Agreement (HMC Merger Corp)
