Number and Qualifications. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of one or more Managers, as may be determined by the Members or the existing Managers from time to time. Managers need not be Members or residents of the State of Delaware.
Appears in 8 contracts
Samples: Company Agreement (Environmental Procedures Inc), Company Agreement (Golfsmith International Holdings Inc), Company Agreement (Golfsmith International Holdings Inc)
Number and Qualifications. The powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed under the direction of one or more more. Managers, as may be determined by the Members or the existing Managers from time to time. Managers need not be Members or residents of the State of Delaware.
Appears in 2 contracts
Samples: Company Agreement (Fiber Glass Systems Lp), Company Agreement (Fiber Glass Systems Lp)