Compensation and Expenses Clause Example with 4 Variations from Business Contracts

This page contains Compensation and Expenses clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Compensation and Expenses. (a) Board Compensation. For agreeing to serve as a director to the Company as a director, the Director will be entitled to 75,000 shares of common stock of the Company (the "Shares"). (b) Expenses. Upon submission of appropriate receipts, invoices or vouchers as may be reasonably required by the Company, the Company will reimburse Director for all reasonable out-of-pocket expenses incurred in connection with the performance of Director's duties under this Agreement. (c) Other Benefits. The Board... (or its designated Committee) may from time to time authorize additional compensation and benefits for Director, including additional compensation for service as chairman of a Committee and awards under any stock incentive, stock option, stock compensation, or long-term incentive plan of the Company that may be established. View More
Found in Harbor Custom Development, Inc. contract

Variations of a "Compensation and Expenses" Clause from Business Contracts

Compensation and Expenses. (a) Board Compensation. For agreeing to serve as a director to the Company as a director, the Director will be entitled to 75,000 shares of common stock of the Company (the "Shares"). (b) Expenses. Upon submission of appropriate receipts, invoices or vouchers as may be reasonably required by the Company, the Company will reimburse Director for all reasonable out-of-pocket expenses incurred in connection with the performance of Director's duties under this Agreement. (c) Other Benefits. The Board... (or its designated Committee) may from time to time authorize additional compensation and benefits for Director, including additional compensation for service as chairman of a Committee and awards under any stock incentive, stock option, stock compensation, or long-term incentive plan of the Company that may be established. 1 3. Director and Officer Liability Insurance. To the extent the Company maintains an insurance policy or policies providing directors' and officers' liability insurance, Director shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company's directors or officers. View More
Found in Harbor Custom Development, Inc. contract
Compensation and Expenses. (a) Board (a)Board Compensation. For agreeing to serve as a director the services provided to the Company as a director, the Director will be entitled to 75,000 shares the compensation a monthly fee of common stock of US$3,000 to be paid on a quarterly basis. (b)Share-Based Compensation. For the services provided to the Company (the "Shares"). (b) Expenses. as a director, the Director shall be entitled to 360,000 shares in the Company to be issued to him upon signing of this Agreement. (c)Expens...es. Upon submission of appropriate receipts, invoices or vouchers as may be reasonably required by the Company, the Company will reimburse Director for all reasonable out-of-pocket expenses incurred in connection with the performance of Director's duties under this Agreement. (c) Other (d)Other Benefits. The Board (or its designated Committee) may from time to time authorize additional compensation and benefits for Director, including additional compensation for service as chairman of a Committee and awards under any stock incentive, stock option, stock compensation, compensation or long-term incentive plan of the Company Company, including, without limitation, any other plan that may later be established. established by the Company. View More
Found in Technovative Group, Inc. contract
Compensation and Expenses. (a) Board Compensation. For agreeing to serve as a director the services provided to the Company as a director, the Director will be entitled to 75,000 shares the compensation a monthly fee of common stock of the Company (the "Shares"). US$3,000 to be paid on a quarterly basis. (b) Expenses. Upon submission of appropriate receipts, invoices or vouchers as may be reasonably required by the Company, the Company will reimburse Director for all reasonable out-of-pocket expenses incurred in connectio...n with the performance of Director's duties under this Agreement. (c) Other Benefits. The Board (or its designated Committee) may from time to time authorize additional compensation and benefits for Director, including additional compensation for service as chairman of a Committee and awards under any stock incentive, stock option, stock compensation, compensation or long-term incentive plan of the Company Company, including, without limitation, any other plan that may later be established. established by the Company. View More
Found in Moxian, Inc. contract
Compensation and Expenses. (a) Board Compensation. For agreeing to serve as a director the services provided to the Company as a director, the Director will be entitled to 75,000 shares of common stock the compensation provided for in the Director Compensation Plan of the Company (the "Shares"). Company, as such plan may be amended, modified or replaced from time to time. (b) Expenses. Upon submission of appropriate receipts, invoices or vouchers as may be reasonably required by the Company, the Company will reimburse Dir...ector for all reasonable out-of-pocket out- of-pocket expenses incurred in connection with the performance of Director's duties under this Agreement. (c) Other Benefits. The Board (or its designated Committee) may from time to time authorize additional compensation and benefits for Director, including additional compensation for service as chairman of a Committee and awards under any stock incentive, stock option, stock compensation, compensation or long-term incentive plan of the Company that may be established. Company. View More
Found in theMaven, Inc. contract