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https://www.readysetincorporate.com/faq-items/do-i-have-to-pay-directors-and-officers/
Export date: Thu Mar 28 22:34:16 2024 / +0000 GMT

Do I have to pay directors and officers?


No. But depending on the directors 1' background, level of experience, and the value they bring to your business, you may want to consider some kind of compensation or even equity. Not only are they worth it, but you'll get a commitment from them that won't otherwise exist if they're just donating time and expertise. Specifically with respect to officers 2, there is an expectation of payment.
Excerpt: No. But depending on the directors' background, level of experience, and the value they bring to your business, you may want to consider some kind of compensation or even equity. Not only are they worth it, but you’ll get a commitment from them that won’t otherwise exist if they’re just donating time and expertise. Specifically with respect to officers, there is an expectation of payment.
Links:
  1. https://www.readysetincorporate.com/faq-items/what -are-directors/
  2. https://www.readysetincorporate.com/faq-items/what -are-officers/
Post date: 2015-08-10 15:05:58
Post date GMT: 2015-08-10 22:05:58

Post modified date: 2015-08-10 15:05:58
Post modified date GMT: 2015-08-10 22:05:58

Export date: Thu Mar 28 22:34:16 2024 / +0000 GMT
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