Board of Directors Compensation. Compensation for expenses incurred by Board members and/or alternates for authorized meetings of the Authority shall be borne by the Party that appointed, or Stakeholder that recommended, that Board member or alternate, as the case may be. However, the Board of Directors, by resolution, may adopt a reimbursement and/or compensation policy as part of its Operating Rules and Regulations.
Appears in 2 contracts
Sources: Joint Powers Agreement, Joint Powers Agreement