AFRINIC Bylaws

 

18 REMUNERATION OF DIRECTORS

18.1 Except for the Chief Executive Officer, a Director shall not be an employee of the company and subject to the approval of the Annual General Members' Meeting may receive such remuneration or compensation as may be prescribed.

However, Directors shall be entitled to be reimbursed for reasonable out-of pocket expenses (including travelling, hotel and subsistence expenses) as determined by the Board from time to time, incurred in the fulfilment of their duties towards the Company or otherwise in connection with the business of the Company.

 

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