Common use of RELATIONSHIP WITH DIRECTORS Clause in Contracts

RELATIONSHIP WITH DIRECTORS. Partners and employees of the Advisor or partners in the Advisor or any corporate parents of a partner, or directors, officers or stockholders of any partner or corporate parent of a partner may serve as a Director and as officers of the Company, except that no partner in or employee of the Advisor or its Affiliates who also is a Director or officer of the Company shall receive any compensation from the Company for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Directors.

Appears in 10 contracts

Samples: Acquisition Services Agreement (Corporate Property Associates 12 Inc), Advisory Agreement (Corporate Property Associates 14 Inc), Advisory Agreement (Corporate Property Associates 15 Inc)

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RELATIONSHIP WITH DIRECTORS. Partners Shareholders, directors, officers and employees of the Advisor or partners in the Advisor or any corporate parents of a partner, or directors, officers or stockholders of any partner or corporate parent of a partner may serve as a Director and as officers of the Company, except that no partner in or employee of the Advisor or its Affiliates who also is a Director or officer of the Company shall receive any compensation from the Company for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Directors.

Appears in 7 contracts

Samples: Advisory Agreement (Corporate Property Associates International Inc), Advisory Agreement (Corporate Property Associates International Inc), Advisory Agreement (Corporate Property Associates 16 Global Inc)

RELATIONSHIP WITH DIRECTORS. Partners and employees of the Advisor Adviser or partners in the Advisor Adviser or any corporate parents of a partner, or directors, officers or stockholders of any partner or corporate parent of a partner may serve as a Director and as officers of the Company, except that no partner in or employee of the Advisor Adviser or its Affiliates who also is a Director or officer of the Company shall receive any compensation from the Company for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Directors.

Appears in 1 contract

Samples: Form of Advisory Agreement (Alanar Real Estate Investment Trust Series 1 Corp)

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RELATIONSHIP WITH DIRECTORS. Partners Directors, officers and employees of the Advisor or partners in an Affiliate of the Advisor or any corporate parents of a partneran Affiliate, or directors, officers or stockholders of any partner director, officer or corporate parent of a partner an Affiliate may serve as a Director and as officers of the Company, except that no partner in director, officer or employee of the Advisor or its Affiliates who also is a Director or officer of the Company shall receive any compensation from the Company for serving as a Director or officer other than for reasonable reimbursement for travel and related expenses incurred in attending meetings of the Board of Directors.

Appears in 1 contract

Samples: Advisory Agreement (Behringer Harvard Real Estate Investment Trust I Inc)

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