Common use of The Board Clause in Contracts

The Board. (a) Each Organizational Member shall serve as a Director on the initial Board as of October 17, 2006, until the proper designation of those persons first listed on Schedule I who shall agree to be bound by all of the terms of this Agreement to serve as Directors on the initial Board, which agreement to be bound shall be effective as of the date of their acceptance of their appointment as Director. The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director and the provisions of Section 3.3 hereof with respect to the election of Directors by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Director. The names and mailing addresses of the Directors shall be set forth in the books and records of the Fund. The number of Directors shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting by vote of, a majority of the Board, provided however that the number of Directors shall at all times be at least one and no more than ten as determined, from time to time, by the Directors pursuant to this Agreement.

The Board. (a) Each The Organizational Member shall serve as a Director the sole Manager on the initial Initial Board as of October 17May 26, 20062004, 2004, until the proper designation of those persons first listed on Schedule I who shall agree to be bound by all of the terms of this Agreement to serve as Directors Managers on the initial Board, Board which agreement to be bound shall be effective as of the date of their acceptance of their appointment as DirectorManager. The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director Manager and the provisions of Section 3.3 hereof with respect to the election of Directors Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a DirectorManager. The names and mailing addresses of the Directors Managers shall be set forth in the books and records of the Fund. The number of Directors Managers shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting meeting, by vote of, of a majority of the Board, provided however that the number of Directors Managers shall at all times be at least one and no more than ten as determined, from time to time, by the Directors Managers pursuant to this Agreement.

The Board. (a) Each Organizational Member shall serve as a Director on the initial Board as of October 17, 2006, until the proper designation of those persons first listed on Schedule I who shall agree to be bound by all of the terms of this Agreement to serve as Directors on the initial Board, which agreement to be bound shall be effective as of the date of their acceptance of their appointment as Director. The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director and the provisions of Section 3.3 hereof with respect to the election of Directors by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Director. The names and mailing addresses of the Directors shall be set forth in the books and records of the TEI Fund. The number of Directors shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting by vote of, a majority of the Board, provided however that the number of Directors shall at all times be at least one and no more than ten as determined, from time to time, by the Directors pursuant to this Agreement.

The Board. (a) Each Organizational Member The Initial Manager shall serve as a Director Manager on the initial Board as of October 17November 5, 20062009, until the proper designation of those persons first listed on Schedule I who shall agree to be bound by all of the terms of this Agreement to serve as Directors Managers on the initial Board, which agreement to be bound shall be effective as of the date of their acceptance of their appointment as DirectorManager. The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director Manager and the provisions of Section 3.3 hereof with respect to the election of Directors Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a DirectorManager. The names and mailing addresses of the Directors Managers shall be set forth in the books and records of the Fund. The number of Directors Managers shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting by vote of, a majority of the Board, provided however that the number of Directors Managers shall at all times be at least one and no more than ten as determined, from time to time, by the Directors Managers pursuant to this Agreement.

The Board. (a) Each Organizational Member The Initial Manager shall serve as a Director Manager on the initial Board as of October 1725, 20062010, until the proper designation of those persons first listed on Schedule I who shall agree to be bound by all of the terms of this Agreement to serve as Directors Managers on the initial Board, which agreement to be bound shall be effective as of the date of their acceptance of their appointment as DirectorManager. The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director Manager and the provisions of Section 3.3 hereof with respect to the election of Directors Managers by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a DirectorManager. The names and mailing addresses of the Directors Managers shall be set forth in the books and records of the Fund. The number of Directors Managers shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting by vote of, a majority of the Board, provided however that the number of Directors Managers shall at all times be at least one and no more than ten as determined, from time to time, by the Directors Managers pursuant to this Agreement.

The Board. (a) Each Organizational Member shall serve as a Director on the initial Board as of October 17, 2006, until the proper designation of those persons first listed on Schedule I who shall agree to be bound by all of the terms of this Agreement to serve as Directors on the initial Board, which agreement to be bound shall be effective as of the date of their acceptance of their appointment as Director. The Board may, subject to the provisions of paragraphs (a) and (b) of this Section 2.6 with respect to the number of and vacancies in the position of Director and the provisions of Section 3.3 hereof with respect to the election of Directors by Members, designate any person who shall agree to be bound by all of the terms of this Agreement as a Director. The names and mailing addresses of the Directors shall be set forth in the books and records of the Master Fund. The number of Directors shall be fixed from time to time by a written instrument signed by, or by resolution approved at a duly constituted meeting by vote of, a majority of the Board, provided however that the number of Directors shall at all times be at least one and no more than ten as determined, from time to time, by the Directors pursuant to this Agreement.