Common use of Compensation of Directors Clause in Contracts

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 10 contracts

Sources: Bylaws (Metropcs California/Florida Inc), Bylaws (Chiron Corp), Bylaws (Chiron Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at each meeting such meetings of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directora Director. No such payment shall preclude any director Director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees any committee of the Board may be allowed like compensation for attending committee meetings.

Appears in 10 contracts

Sources: Limited Liability Company Agreement (CVR Energy Inc), Limited Liability Company Agreement (CVR Energy Inc), Limited Liability Company Agreement (CVR Energy Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority to fix the compensation (if any) of directorsDirectors. The directors Directors may be paid their expenses, expenses (if any, ) of attendance at each meeting such meetings of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directora Director. No such payment shall preclude any director Director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 8 contracts

Sources: Limited Liability Company Agreement (Carbuyco, LLC), Limited Liability Company Agreement (Eagle Bulk Shipping Inc.), Limited Liability Company Agreement (IAA Acquisition Corp.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 8 contracts

Sources: Merger Agreement (Tenneco Inc), Agreement and Plan of Merger (William Lyon Homes), Merger Agreement (Taylor Morrison Home Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at each such meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector. No such payment shall preclude any director Director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. No Director who is an employee of the Member or the Company shall receive compensation for his or her service as a Director.

Appears in 7 contracts

Sources: Limited Liability Company Agreement (Domtar Paper Company, LLC), Limited Liability Company Agreement (VWR, Inc.), Limited Liability Company Agreement (VWR, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at each such meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector. No such payment shall preclude any director Director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 6 contracts

Sources: Limited Liability Company Agreement (Laredo Oil, Inc.), Limited Liability Company Agreement (Wells Fargo Finance LLC), Limited Liability Company Agreement (Wells Fargo Finance LLC)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at each such meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector. No such payment shall preclude any director Director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 5 contracts

Sources: Limited Liability Company Agreement (Wells Fargo Student Loans Receivables I LLC), Limited Liability Company Agreement (Wells Fargo Student Loans Receivables I LLC), Limited Liability Company Agreement (Wells Fargo Student Loans Receivables I LLC)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority power to fix the compensation of directorsdirectors and members of committees of the Board. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or Directors, a stated salary amount per annum as directordirector and/or other forms of compensation as the Board of Directors may approve. No such payment shall preclude any director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 4 contracts

Sources: Business Combination Agreement (Digerati Technologies, Inc.), Business Combination Agreement (Minority Equality Opportunities Acquisition Inc.), Merger Agreement (LMF Acquisition Opportunities Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation or these Bylawsincorporation, the Board board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each such meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetingsmeetings or such compensation as the board of directors may fix.

Appears in 4 contracts

Sources: Merger Agreement (Micro Investment LLC), Merger Agreement (Micro Therapeutics Inc), Merger Agreement (Ev3 Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation or these Bylawsincorporation, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 3 contracts

Sources: Subscription Agreement (Crowley Newco CORP), Contribution Agreement (Crowley Newco CORP), Contribution Agreement (Crowley Newco CORP)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylawsthis Agreement, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their reasonable expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector. No such payment shall preclude any director Director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees Committees of the Board may be allowed like compensation for attending committee Committee meetings.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Zentalis Pharmaceuticals, Inc.), Limited Liability Company Agreement (Zentalis Pharmaceuticals, LLC), Limited Liability Company Agreement (Zentalis Pharmaceuticals, LLC)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation incorporation or these Bylawsbylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 3 contracts

Sources: 10 K Annual Report, Merger Agreement (Dura Pharmaceuticals Inc/Ca), Common Stock Purchase Agreement (Lets Talk Cellular & Wireless Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority to fix the compensation of the directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors Directors, and may be paid a fixed sum for attendance at each meeting of the Board of Directors Directors, or paid a stated salary or paid other compensation as director. No such payment compensation shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Sources: Merger Agreement (Genworth Financial Inc), Credit Agreement (Obagi Medical Products, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary or other compensation as directora Director. No such payment shall preclude any director Director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. Any Director may decline any or all such compensation payable to such Director in his or her discretion.

Appears in 2 contracts

Sources: Merger Agreement (Foresight Acquisition Corp.), Business Combination Agreement (Ascendant Digital Acquisition Corp.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of for attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector, or both. No such payment shall preclude any director Director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Sources: Merger Agreement (Ashland Inc), Merger Agreement (Ashland Coal Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefortherefore. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Sources: Business Combination Agreement (Atlas Holdings, Inc.), Business Combination Agreement (Impax Laboratories Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation or these Bylawsincorporation, the Board of Directors shall have the authority to fix the compensation of the directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or paid a stated salary or paid other compensation as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Sources: Corporate Governance (JELD-WEN Holding, Inc.), Agreement and Plan of Merger (Engility Holdings, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsIncorporation, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as directordirected. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Sources: Merger Agreement (Holopak Technologies Inc), Merger Agreement (Simon Robert J)

Compensation of Directors. Unless otherwise restricted by the Amended and Restated Certificate of Incorporation or these Bylawsbylaws, the Board board of Directors directors shall have the authority to fix the compensation of directors. The All directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors, and directors who are not full-time employees of the Corporation may be paid a fixed sum for attendance at each meeting of the Board board of Directors or directors, and/or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation and expenses for attending committee meetings.

Appears in 2 contracts

Sources: Merger Agreement (Viacom Inc.), Merger Agreement (CBS Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsIncorporation, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector. No such payment shall preclude any director Director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 2 contracts

Sources: Merger Agreement (Mdu Resources Group Inc), Merger Agreement (Mdu Resources Group Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsIncorporation, the Board of Directors shall have the authority to fix the compensation of the directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or paid a stated salary or paid other compensation as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Master Reorganization Agreement (Linn Energy, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority power to fix the compensation of directorsdirectors and members of committees of the Board. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or Directors, a stated salary amount per annum as directordirector and/or other forms of compensation as the Board of Directors may approve. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Business Combination Agreement (Concord Acquisition Corp III)

Compensation of Directors. Unless otherwise restricted by the Certificate Articles of Incorporation or these Bylawsby-laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Clear System Recycling, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsCharter, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or and/or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Trust Agreement (Saks Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority power to fix the compensation of directorsDirectors and members of committees of the Board. The directors Directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector. No such payment shall preclude any director Director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Hhgregg, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority power to fix the compensation of directorsdirectors and members of committees of the Board. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and Directors, may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directordirector and may receive stock options, grants and issuances of restricted stock under the Company’s equity incentive plan(s). No such payment shall preclude any director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Sonus Networks Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors, including for service on a committee of the Board. The directors may be paid reimbursed their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorBoard. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees of the Board may be allowed like compensation and reimbursement of expenses for attending service on a committee meetingsof the Board.

Appears in 1 contract

Sources: Merger Agreement (Barinthus Biotherapeutics Plc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary or other compensation as a director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. Any director of the Corporation may decline any or all such compensation payable to such director in his or her discretion.

Appears in 1 contract

Sources: Stockholders Agreement (Funko, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each Board meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director; provided, however, that services provided by any director which are determined by the Board to be ministerial and of negligible value will not be compensated. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees Committees may be allowed like compensation for attending committee Committee meetings.

Appears in 1 contract

Sources: Transfer and Administration Agreement (Fresenius Medical Care AG & Co. KGaA)

Compensation of Directors. Unless otherwise restricted by the Certificate Articles of Incorporation or these Bylawsbylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Perry-Judds Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsIncorporation, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as directordirected. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.. SECTION

Appears in 1 contract

Sources: Merger Agreement (Foilmark Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsBy-Laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Amended and Restated Bylaws (Realty Income Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation or these Bylawsincorporation, the Board of Directors shall have the authority to fix the compensation of the directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or paid a stated salary or paid other compensation as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Aries Ventures Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate The board of Incorporation or these Bylaws, the Board of Directors directors shall have the authority power to fix the compensation of directorsdirectors and members of committees of the Board. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: By Laws (Brooks Pharmacy, Inc.)

Compensation of Directors. Unless otherwise restricted by the ---------- ------------------------- Certificate of Incorporation or these BylawsIncorporation, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, receipt of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment compensation shall not preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. The directors may be reimbursed for any expenses of attending meetings of the board of directors and of committees of the board.

Appears in 1 contract

Sources: Merger Agreement (Abc Rail Products Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylawslaw, the Board of Directors shall have the authority to fix the compensation of the directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or paid a stated salary or paid other compensation as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may also be paid their expenses, if any, of and allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Hanover Compressor Co /)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation Incorporation, any Stockholders Agreement or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Allied Riser Communications Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation incorporation or by these Bylawsbylaws, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like similar compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Western Power & Equipment Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate Articles of Incorporation or by these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. Members of special or standing committees may be allowed similar compensation for attending committee meetings. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Bylaws (Basic Us Reit Inc)

Compensation of Directors. Unless otherwise restricted by law, the Certificate of Incorporation or these BylawsBy-laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees of the Board of Directors may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Investment Agreement (Aviator Ales Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate Articles of Incorporation or these Bylawsbylaws, the Board of Directors shall have the authority to fix the compensation of directorsDirectors. The directors Directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directorDirector. No such payment shall preclude any director Director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Bylaws (Powin Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsBy-Laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetingsmeetings or a stated salary as a committee member.

Appears in 1 contract

Sources: Merger Agreement (Safeway Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsBy-laws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.. REMOVAL OF DIRECTORS

Appears in 1 contract

Sources: Form 8 A

Compensation of Directors. Unless otherwise restricted ------------------------- by the Certificate certificate of Incorporation or these Bylawsincorporation, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Bylaws (Bell Atlantic Corp)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director, such as may be allowed by resolution of the Board. No such payment Nothing herein contained shall be construed to preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Business Combination Agreement (Pioneer Merger Corp.)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary or other compensation as a director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings. Any director of the Corporation may decline any or all such compensation payable to such director in his or her discretion.

Appears in 1 contract

Sources: Exchange Agreement (Rent the Runway, Inc.)

Compensation of Directors. Unless otherwise restricted by the Certificate The board of Incorporation or these Bylaws, the Board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefor. Members of special or standing committees of the board of directors may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Zevex International Inc)

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these Bylaws, the The Board of Directors shall have the authority power to fix the compensation of directorsdirectors and members of committees of the Board. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and Directors, may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as directordirector and may receive stock options grants and issuances of restricted stock under the Company's equity incentive plan(s). No such payment shall preclude any director from serving the Corporation Company in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Quarterly Report

Compensation of Directors. Unless otherwise restricted by the Certificate of Incorporation or these BylawsIncorporation, the Board of Directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board of Directors and [the directors other than the Chief Executive Officer] may be paid a fixed sum for attendance at each meeting of the Board of Directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation in any other capacity and receiving compensation therefor. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Stock Purchase and Backstop Agreement (Deutsche Bank Ag\)

Compensation of Directors. Unless otherwise restricted by the Certificate certificate of Incorporation incorporation or these Bylawsby-laws, the Board board of Directors directors shall have the authority to fix the compensation of directors. The directors may be paid their expenses, if any, of attendance at each meeting of the Board board of Directors directors and may be paid a fixed sum for attendance at each meeting of the Board board of Directors directors or a stated salary as director. No such payment shall preclude any director from serving the Corporation corporation in any other capacity and receiving compensation therefortherefore. Members of special or standing committees may be allowed like compensation for attending committee meetings.

Appears in 1 contract

Sources: Merger Agreement (Dice Holdings, Inc.)