First Middle Last Sample Clauses

First Middle Last. First Middle Last A Manager shall hold their position until the Member elects a successor. The Member shall elect and may remove the Manager(s) by majority vote. The authority shall be held by the Member to take all necessary and proper actions in order to conduct the business of the LLC. Any Manager can take any appropriate action on behalf of the LLC, including, but not limited to, signing checks, executing leases, and signing loan documents. Decisions concerning distributions are the sole authority of the Member. The compensation to the Manager(s) shall be at the discretion of the Member of the LLC.
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First Middle Last. First Middle Last A Manager shall hold their position until the Members elect a successor. The Members shall elect and may remove the Manager(s) by majority vote. The authority shall be held by the Members to take all necessary and proper actions in order to conduct the business of the LLC. Any Manager can take any appropriate action on behalf of the LLC, including, but not limited to signing checks, executing leases, and signing loan documents except for decisions concerning distributions. With or without the notice of a meeting, the action of the Manager shall be based on a majority vote of the Managers when determining the timing and total amount of distribution to the Members. The compensation to the Manager(s) shall be in the discretion of the majority of the Members of the LLC.

Related to First Middle Last

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