Appointment and Tenure. (i) The Officers of the Company shall be comprised of one or more individuals designated from time to time by the Board of Managers. No Officer need be a resident of the State of Delaware. Officers of the Company are not "managers," as that term is used in the Act. Each Officer shall hold his office for such term and shall have such authority and exercise such powers and perform such duties as shall be determined from time to time by the Board of Managers. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the Officers and other agents of the Company shall be fixed from time to time by the Board of Managers.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (National Fuel Gas Co), Limited Liability Company Agreement (National Fuel Gas Co), Limited Liability Company Agreement (National Fuel Gas Co)
