Common use of Number, Election and Term of Office Clause in Contracts

Number, Election and Term of Office. The officers of the Company shall be a President, a Treasurer and a Secretary, and may at the discretion of the Board of Managers include one or more Vice Presidents, Assistant Secretaries and other officers. The officers of the Company shall be elected by the Board of Managers and shall hold their respective offices until their successors are duly elected and have qualified or until their earlier death, resignation or removal. Except as otherwise provided by law, any number of offices may be held by the same person.

Appears in 2 contracts

Samples: Operating Agreement (HMC Merger Corp), Operating Agreement (HMC Merger Corp)

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Number, Election and Term of Office. The officers of the Company shall be a President, a Treasurer and a Secretary, and may at the discretion of the Board of Managers Manager include one or more Vice Presidents, Assistant Treasurers, Assistant Secretaries and other officers. The initial officers of the Company shall be elected by are set forth in Section 3.3.14. The officers of the Board of Managers and Company (including but not limited to the initial officers) shall hold their respective offices until such time as their successors are duly elected and have qualified appointed by the Manager or until their earlier death, resignation or removalremoval by the Manager with or without cause. Except as otherwise provided by law, any number of offices may be held by the same person.

Appears in 1 contract

Samples: Operating Agreement (APW Supermarkets, Inc.)

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Number, Election and Term of Office. (a) The officers of the Company Corporation shall be consist of a PresidentPresident and Chief Operating Officer, a Treasurer and a Secretary, a Chief Financial Officer, and may at the discretion of the Board of Managers include such other officers, including a Chairman and Chief Executive Officer, and one or more Vice Presidents, Assistant Secretaries and other officers. The officers of the Company shall be elected by as the Board of Managers Directors may from time to time deem advisable. The Chairman of the Board of Directors shall, and shall hold their respective offices until their successors are duly elected and have qualified any other officer may, be a Director of the Corporation. Any two or until their earlier death, resignation or removal. Except as otherwise provided by law, any number of more offices may be held by the same person.

Appears in 1 contract

Samples: Formula Footwear Inc

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