Election of Managers. The election of the Manager to fill the initial Company Manager positions shall be by declaration set forth herein, and shall be confirmed by the affirmative Vote of a Majority In Interest of the Members. The accompanying Subscription Agreement provides that by completing such application and by signing it, the Prospective Purchaser is authorizing his or her Vote to be cast by proxy held by the individual Cxxxxxx Xxxxx XX for the election of the Managers: Cxxxxxx Xxxxx XX Enterprises, LLC; Rxxxxx Xxxxxxx and Kxxxxxx Xxxxxxxxx to fill the initial Manager positions of the Company pursuant to the Law. EXHIBIT 2 to Offering Circular/Opening Night Enterprises, LLC/Operating Agreement 27
Election of Managers. 6.01 (a) The initial Managers specified in the Articles of Organization and/or Exhibit "A" attached hereto will serve as Managers for the period specified in the Articles of Organization or until resignation or removal.
Election of Managers. The election and removal of Managers in accordance with Section 2.3.6 and Article 3;
Election of Managers. The Chief Executive Officer (the “CEO”) shall sit as a Manager and occupy one of the seats on the Board of Managers, but shall be subject to removal and replacement solely by the Board of Managers with or without cause, subject to the rights of the CEO under a contract of employment or management services agreement. The remaining Managers shall be elected by the Members (except as necessary to fill vacancies) and are referred to herein as the "Elected Managers.”
Election of Managers. Each Manager shall be appointed by the Member or Members to serve for a term of one year and until his or her successor is appointed, or until his or her earlier resignation or removal. Vacancies created by reason of an increase in the number of Managers during the course of the year may be filled as provided below. A Manager need not be a Member of the Company.
Election of Managers. The Members shall take all such actions as are necessary to appoint and duly elect the Managers to the Board of Managers, who shall be designated as set forth below:
Election of Managers. Managers shall be elected at a meeting of the Members, and each Member shall have the right to vote its Units for the number of vacant Manager positions being filled, and the candidate who receives the highest number of votes shall fill the vacant positions.
Election of Managers. (a) For so long as the Initial Class A Holders collectively hold at least fifty percent (50%) of the Class A Membership Interests acquired by FIM pursuant to the Purchase Agreement and the Initial Class B Holders collectively hold at least fifty percent (50%) of the Class B Membership Interests held by them on the Effective Date, the Board of Managers shall be comprised of the following thirteen Managers:
Election of Managers. All Managers, including the Chief Manager and the Secretary, shall be elected by the Members.
Election of Managers. Each Member agrees to vote, or cause to be voted, all Units owned by such Member, or over which such Member has voting control, from time to time and at all times, in whatever manner as shall be necessary to ensure that at each meeting of Members at which an election of managers is held or pursuant to any written consent of the Members, the following persons shall be elected to the Board of Managers:
