Compensation of Managers. Managers may receive such compensation, if any, for their services and reimbursement for expenses as may be fixed or determined by resolution of the Board of Managers or a committee thereof.
Appears in 9 contracts
Sources: Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.), Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.), Limited Liability Company Operating Agreement (Physician Sales & Service, Inc.)
Compensation of Managers. The Managers may receive such compensation, if any, compensation from the Company for their services and serving in such capacity as shall be approved unanimously from time to time by the Voting Members. The Managers shall be entitled to reimbursement for reasonable out-of-pocket expenses as may be fixed or determined by resolution incurred on behalf of the Board Company. Meetings of Managers or a committee thereofthe Managers; Matter of Acting.
Appears in 2 contracts
Sources: Operating Agreement, Operating Agreement
Compensation of Managers. Managers may shall receive such compensation, if any, for their services and reimbursement for expenses as may be fixed or determined designated from time to time by resolution the Managers and approved by a Majority in Interest of the Board Members. In addition, the Managers shall be entitled to be reimbursed for out-of-pocket costs and expenses incurred in the course of Managers or a committee thereoftheir service hereunder.
Appears in 1 contract
Sources: Company Agreement (AMFM Broadcasting Licenses, LLC)