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I would close to to enjoy a board of directors for a corporation that I am forming, that hold some solid ..
3Apr2008 Filed under: Corporationsqualifications, does anyone enjoy any thoughts as to what I should expect to clear compensation clever ?
Answers:
The Board of Directors, is appointed by the incorporator, and/or elected at the shareholder meeting.
The compensation is determined by the Board of Directors at the first engagement of the Board of Directors, (not by the incorporator), and this and other activities of the Board of Directors hold to be approved by the shareholders at the first and resulting shareholder meeting.
The gross or compensation to the Board of Directors, is not remunerated by you, but is salaried by the corporation. It may be a earnings, and it may be solely per seminar, or both.
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