Number, Tenure and Qualifications of Managers. The Manager(s) of the Company shall be appointed from time to time by the Member. Managers are not required to be residents of Delaware or Members of the Company. The Managers as of the date of this Agreement shall be Xxxx X. Xxxxxxxx and Xxxx Xxxxx to serve until their successors are duly appointed.
Number, Tenure and Qualifications of Managers. The Company initially shall have three Managers comprising the “Board of Managers.” The number of Managers that will comprise the entire Board of Managers shall be fixed from time to time by the Equity Member, but in no instance shall there be less than one Manager (in addition to any Independent Manager) and during the Covered Period, the Board of Managers shall include an Independent Manager. Subject to the provisions of Section 5.03 below, the Equity Member may remove any of the Managers at any time and from time to time, with or without cause, and may designate a person to serve as a successor Manager in the event of the death, incapacity, resignation or removal of a Manager. Each person appointed to serve as a Manager shall serve until a successor Manager is appointed as provided hereunder or until such person’s earlier death, resignation, incapacitation or removal.
Number, Tenure and Qualifications of Managers. The Manager(s) of the Company shall be appointed from time to time by the Member. Managers are not required to be residents of Pennsylvania or Members of the Company. The initial Managers of the Company shall be Xxxxxxx X. Xxxxxx and Xxxxxxx X. Xxxxxxx, to serve until their successors are duly appointed.
Number, Tenure and Qualifications of Managers. The Manager(s) of the Company shall be appointed from time to time by the Member. Managers are not required to be residents of North Carolina or Members of the Company. The Managers as of the date of this Agreement shall be Xxxxxxx X. Xxxxxx and Xxxxxxx X. Xxxxxxx to serve until their successors are duly appointed.
Number, Tenure and Qualifications of Managers. The Manager(s) of the Company shall be appointed from time to time by the Member. Managers are not required to be residents of Iowa or Members of the Company. The Managers as of the date of this Agreement shall be Xxxxxxx X. Xxxxxx and Xxxxxxx X. Xxxxxxx to serve until their successors are duly appointed.
Number, Tenure and Qualifications of Managers. The Manager(s) of the Company shall be appointed from time to time by the Member. Managers are not required to be residents of Georgia or Members of the Company. The initial Managers of the Company shall be Xxxxxxx X. Xxxxxx and Xxxxxxx X. Xxxxxxx, to serve until their successors are duly appointed.
Number, Tenure and Qualifications of Managers. The Company shall initially have one Manager. The number of Managers of the Company shall be fixed from time to time by the affirmative vote of Members holding at least a majority of Percentage Interest, but in no instance shall there be less than one Manager. Each Manager shall hold office until his successor shall have been elected and qualified. Managers shall be elected by the affirmative vote of Members holding at least a majority of Percentage Interests. Managers need not be residents of the State of Mississippi or Members of the Company.
Number, Tenure and Qualifications of Managers. The Company shall initially have three Managers. The number of Managers of the Company shall be fixed from time to time by the affirmative vote of Members owning a majority of Shares, but in no instance shall there be less than two Managers. Each Manager shall hold office until the Manager is removed or resigns. Managers shall be appointed by the affirmative vote of the Members owning a majority of Shares. Managers need not be Members. Except where a specific number of Managers is set forth, all actions of the Managers shall be taken by the consent or affirmative vote of a majority of the Managers, with or without a meeting.
Number, Tenure and Qualifications of Managers. The Company initially shall have one Manager. The number of Managers that will comprise the entire Board of Managers shall be fixed from time to time by the Member, but in no instance shall there be less than one Manager. Each Manager shall hold office until he or she resigns, dies or becomes incapacitated, or is removed as provided herein. The Member may remove any of the Managers at any time and from time to time, with or without cause, and may designate a person to serve as a successor Manager in the event of the death, incapacity, resignation or removal of a Manager. Each person appointed to serve as a Manager shall serve until a successor Manager is appointed as provided hereunder or until such person’s earlier death, resignation or removal.
Number, Tenure and Qualifications of Managers. The number of Managers of the Company may be amended from time to time by the vote or written consent of at least Two-Thirds-in-Interest of the all Members. Each Manager shall hold office until the next annual meeting of Members or until a successor shall have been elected and qualified. Managers shall be elected by the vote or written consent of at least a Majority-in-Interest of the Members and need not be residents of the State of Delaware or Members of the Company. Notwithstanding the foregoing, the Managing Member shall be the sole Manager of the Company until it has resigned or been removed for cause as herein provided.
