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Common use of Compensation of Managers Clause in Contracts

Compensation of Managers. Managers shall not be entitled to receive compensation for their services.

Appears in 15 contracts

Sources: Limited Liability Company Agreement (Global Imaging Systems Inc), Limited Liability Company Agreement (Global Imaging Systems Inc), Limited Liability Company Agreement (Global Imaging Systems Inc)

Related Clauses

  • Compensation of Manager
  • Termination of Manager
  • COMPENSATION OF ULTIMUS
  • Compensation of Directors
  • COMPENSATION OF THE MANAGER BY FUND

Parent Clauses

  • Managers
  • Management
  • Board of Managers
  • Management of the Company
  • Management of Company

Sub-Clauses

  • Regular Meetings
  • Limitation on Indebtedness
  • Terminology
  • Amendment
  • Separateness Covenants
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