Number and Term of Office. The number of Managers shall be two or such other number as shall be fixed from time to time by the Member. Managers need not be Members. Managers shall be elected by written consent of the Member and each Manager shall hold office until his successor is elected and qualified or until his earlier death or resignation or removal in the manner hereinafter provided.
Appears in 3 contracts
Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)
Number and Term of Office. The number of managers on the Board of Managers (each, a “Manager”) shall be two or such other number as shall be fixed from time to time by the Member. Managers need not be Members. Managers shall be elected by written consent of the Member and each Manager shall hold office until his or her successor is elected and qualified or until his or her earlier death or resignation or removal in the manner hereinafter provided.. The initial Managers of the Company shall be as follows:
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's Restaurants, LLC)
Number and Term of Office. The number of Managers shall be two three or such other number as shall be fixed from time to time by the Member. Managers need not be Members. Managers shall be elected by written consent of the Member and each Manager shall hold office until his successor is elected and qualified or until his earlier death or resignation or removal in the manner hereinafter provided.
Appears in 2 contracts
Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Arhc LLC)
Number and Term of Office. The number of Managers shall be two five or such other number as shall be fixed from time to time by the Member. Managers need not be Members. Managers shall be elected by written consent of the Member and each Manager shall hold office until his successor is elected and qualified or until his earlier death or resignation or removal in the manner hereinafter provided.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Arhc LLC)
Number and Term of Office. The number of Managers shall be two three or such other number as shall be fixed from time to time by the Ordinary Member. Managers need not be Members. Managers shall be elected by written consent of the Ordinary Member and each Manager shall hold office until his successor is elected and qualified or until his earlier death or resignation or removal in the manner hereinafter provided.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)
