Compensation of Trustees. Trustees shall receive such compensation, including stated salaries, retirement benefits, deferred compensation or any other form of compensation, as may be set from time to time by the Board of Trustees. The Trust is authorized to pay the necessary expenses of members of the Board of Trustees incurred in connection with the performance of the official duties of their office.
Appears in 5 contracts
Sources: By Laws (Philadelphia Investment Partners New Generation Fund), By Laws (Persimmon Growth Partners Investor Fund), By Laws (Constellation Institutional Portfolios)
Compensation of Trustees. Trustees shall receive such compensation, including stated salaries, retirement benefits, deferred compensation or any other form of compensation, as may be set from time to time by the Board of TrusteesTrustees or by the Nominating and Compensation Committee. The Trust is authorized to pay the necessary expenses of members of the Board of Trustees incurred in connection with the performance of the official duties of their office.
Appears in 1 contract
Sources: By Laws (Friends Ivory & Sime Funds)
Compensation of Trustees. Subject to any applicable provisions of the Declaration of Trust, Trustees shall receive such compensation, including stated salaries, retirement benefits, deferred compensation or any other form of compensation, as may be set from time to time by the Board of Trustees. The Trust is authorized to pay the necessary expenses of members of the Board of Trustees incurred in connection with the performance of the official duties of their office.
Appears in 1 contract
Sources: By Laws (Manor Investment Funds Inc)