Management and Control of the Company. (a) (i) The Members have established the Company as a “board of managers-managed” limited liability company and have agreed to designate a board of managers (the “Board of Managers”) of six (6) Persons to manage the Company and its business and affairs. Each of the Managers on the Board of Managers is referred to herein as a “Manager.” The Board of Managers shall be comprised, as follows:
Appears in 4 contracts
Samples: Joinder Agreement (STR Holdings (New) LLC), Joinder Agreement (STR Holdings, Inc.), Agreement and Plan of Merger (STR Holdings, Inc.)
Management and Control of the Company. (a) (i) The Members have established the Company as a “board of managers-managers- managed” limited liability company and have agreed to initially designate a board of managers (the “Board of Managers”) of six (6) three Persons to manage the Company and its business and affairs. Each of the Managers on Persons appointed to the Board of Managers is referred to herein as a “Manager.” The Board of Managers shall be comprised, as follows:designated solely by a Majority in Interest of the Common Members.
Appears in 3 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement
Management and Control of the Company. (a) (i) The Members have established the Company as a “board of managers-managed” limited liability company and have agreed to designate a board of managers (the “Board of Managers”) of six seven (67) Persons to manage the Company and its business and affairs. Each of the Managers on appointed to the Board of Managers is referred to herein as a “Manager.” The Class A Members shall have the exclusive right to designate the members of the Board of Managers, and the Board of Managers shall be comprised, as follows:
Appears in 3 contracts
Samples: Contribution Agreement (STR Holdings (New) LLC), Limited Liability Company Agreement (STR Holdings LLC), Limited Liability Company Agreement (STR Holdings (New) LLC)
Management and Control of the Company. (a) (i) The Members have established the Company as a “board of managers-managed” limited liability company and have agreed to initially designate a board of managers (the “Board of Managers”) of six (6) three Persons to manage the Company and its business and affairs. Each of the Managers on Persons appointed to the Board of Managers is referred to herein as a “Manager.” The Board of Managers shall be comprised, as follows:designated solely by a Majority in Interest of the Common Members.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (American International Group Inc), Purchase Agreement (American International Group Inc)
Management and Control of the Company. (a) (i) The Members have established the Company as a “board of managers-managed” limited liability company and have agreed to designate designated a board of managers of the Company (the “Board of ManagersBoard”) of six (6) Persons to manage the Company and its business and affairs. The Board shall consist of no more than nine (9) individuals. Each of the Managers on individuals appointed to the Board of Managers is referred to herein as a “Manager.” The Board of Managers shall be compriseddesignated, in each case subject to the provisions of subparagraph (b) below, as follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Black Knight, Inc.)
Management and Control of the Company. (a) (i) The Members have established the Company as a “board of managers-managed” limited liability company and have agreed to designate designated a board of managers (the “Board of Managers”) of six (6) Persons to manage the Company and its business and affairs. The Board shall consist of no more than nine (9) individuals. Each of the Managers on individuals appointed to the Board of Managers is referred to herein as a “Manager.” The Board of Managers shall be compriseddesignated, in each case subject to the provisions of subparagraph (b) below, as follows:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Black Knight, Inc.)
