No compensation clause samples

The Reporting Person, from time to time, receives investment advice from her husband, Gary A. Singer, for which he receives no compensation. Julian D. Singer is providing investment and logistical advice to the Reporting Person with respect to TAR Holdings’ investment in the Company, for which he receives no compensation. No agreement regarding the division of profits exists between Ms. Singer, TAR Holdings, and any person. Gary A. Singer and Julian D. Singer are also providing logistical advice and assistance to TAR Holdings in connection with the potential proxy contest regarding the Company (for which they receive no compensation).

Party B dully understands and accepts no compensation. The parties can stipulate the other salary standard through negotiation and put such agreement in writing.