Compensation of Trustees and Officers Sample Clauses

Compensation of Trustees and Officers. The Trustees shall fix the compensation of all officers and Trustees. Without limiting the generality of any of the provisions hereof, the Trustees shall be entitled to receive reasonable compensation for their general services as such, and to fix the amount of such compensation, and to pay themselves or any one or more of themselves such compensation for special services, including legal, accounting, or other professional services, as they in good faith may deem reasonable. No Trustee or officer resigning (except where a right to receive compensation for a definite future period shall be expressly provided in a written agreement with the Trust, duly approved by the Trustees) and no Trustee or officer removed shall have any right to any compensation as such Trustee or officer for any period following his resignation or removal, or any right to damages on account of his removal, whether his compensation be by the month, or the year or otherwise.
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Compensation of Trustees and Officers. 13 SECTION 4.6. Ownership of Shares and Securities of the Trust ............ 14
Compensation of Trustees and Officers. 12 SECTION 4.6. Ownership of Shares and Securities of the Trust . . . . . . . . . . . . . . . 12
Compensation of Trustees and Officers. 18 Section 4.06. Ownership of Shares and Securities of the Trust 19 Section 4.07. Principal Transactions 19 Section 4.08. Reliance on Experts 19 Section 4.09. Surety Bonds 19 Section 4.10. Apparent Authority of Trustees and Officers 20 Section 4.11. Payment of Trust Expenses 20 Section 4.12. Ownership of the Trust Property 20 Section 4.13. By-Laws 20
Compensation of Trustees and Officers. Trustees shall not receive any salary for their services as trustees. Nothing in these Bylaws shall be construed to preclude any trustee or officer from serving Statesmen Academy for Boys in any other capacity and receiving reimbursement of a Trustee’s actual and necessary expenses while conducting corporation business, as approved by the Board of Trustees.
Compensation of Trustees and Officers. 14 SECTION 4.6. OWNERSHIP OF SHARES AND SECURITIES OF THE TRUST...................................14
Compensation of Trustees and Officers. The Trustees shall fix the compensation of all
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Compensation of Trustees and Officers. 17 Section 4.6 Ownership of Shares and Securities of the Trust...17 Section 4.7 Right of Trustees and Officers to Own Property or to Engage in Business............................... 17 Section 4.8 Reliance on Experts.............................. 18 Section 4.9
Compensation of Trustees and Officers. Trustees, as such, shall not receive any salary for their services as trustees.

Related to Compensation of Trustees and Officers

  • Trustees and Officers Authorize and permit the Adviser's directors, officers and employees who may be elected or appointed as Trustees or officers of the Trust to serve in such capacities, without remuneration from or other cost to the Trust.

  • Compensation of Trustees The Trustees as such shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation from time to time. Nothing herein shall in any way prevent the employment of any Trustee to provide advisory, management, legal, accounting, investment banking or other services to the Trust and to be specially compensated for such services by the Trust.

  • Compensation of Trustee Any individual Trustee serving hereunder shall be entitled to: (Choose One) ☐ - No compensation whatsoever. ☐ - Be paid a reasonable fee from the Trust Estate based on the amount of time expended by such Trustee in carrying out his or her duties hereunder. Any corporate Trustee shall be entitled to be paid a fee based upon its fee schedule from time to time that is required to be published.

  • Trustees and Officers as Shareholders Any Trustee, officer or other agent of the Trust may acquire, own and dispose of Shares to the same extent as if such person were not a Trustee, officer or agent; and the Trustees may issue and sell or cause to be issued and sold Shares to and buy such Shares from any such person or any firm or company in which such person invested, subject to the general limitations herein contained as to the sale and purchase of such Shares.

  • Indemnification of Company, Directors and Officers Each Underwriter severally agrees to indemnify and hold harmless the Company, its directors, each of its officers who signed the Registration Statement, and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act, against any and all loss, liability, claim, damage and expense described in the indemnity contained in subsection (a) of this Section, as incurred, but only with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the Registration Statement (or any amendment thereto), including the Rule 430A Information, the General Disclosure Package or the Prospectus (or any amendment or supplement thereto) in reliance upon and in conformity with the Underwriter Information.

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