Common use of Compensation of Managers Clause in Contracts

Compensation of Managers. The Members, by unanimous approval, shall have the authority to provide that any one or more of the Managers shall be compensated, and may, by unanimous approval, fix any compensation (which may include expenses) they elect to pay to any one or more of the Managers.

Appears in 5 contracts

Sources: Limited Liability Company Agreement (Prime Medical Services Inc /Tx/), Limited Liability Company Agreement (Prime Medical Services Inc /Tx/), Limited Liability Company Agreement (Prime Medical Services Inc /Tx/)

Compensation of Managers. The MembersMembers shall have the authority to provide, by unanimous approval, shall have the authority to provide that any one or more of the Managers shall not be compensated, and may, by unanimous approval, fix any compensation (which may include expenses) they elect to pay to any one or more of the Managers.

Appears in 3 contracts

Sources: Contribution Agreement (Prime Medical Services Inc /Tx/), Limited Liability Company Agreement (Prime Medical Services Inc /Tx/), Limited Liability Company Agreement (Prime Medical Services Inc /Tx/)

Compensation of Managers. The Members, by unanimous approval, shall have the authority to provide that any one or more of the Managers shall not be compensated, and may, by unanimous approval, fix any compensation (which may include expenses) they elect to pay to any one or more of the Managers.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Prime Medical Services Inc /Tx/), Limited Liability Company Agreement (Prime Medical Services Inc /Tx/)

Compensation of Managers. The Members, by unanimous approval, shall have the authority to provide that any one or more of the Managers shall not be compensated, and may, by unanimous approval, fix any compensation (which may include expenses) they elect to pay to any one or more of the Managers.. ------------------------

Appears in 2 contracts

Sources: Contribution Agreement (Prime Medical Services Inc /Tx/), Limited Liability Company Agreement (Prime Medical Services Inc /Tx/)