Officer. Subject in all instances to the authority of the Board and the authority of the Dealer of Record to manage the day-to-day operations of the Company as set forth herein, the direction and oversight of the Board and any restrictions or limitations expressed, implied or otherwise inherent in any operating or capital budgets, strategic or business plans or similar guidance adopted or approved by the Board, the Officers of the Company, if appointed, shall be responsible for assisting the Dealer of Record in conducting the day- to-day business affairs of the Company, in a manner consistent with the operating or capital budgets, strategic or business plans or similar guidance approved by the Board, and shall serve subject to the power and authority of the Board and the following terms and conditions:
Appears in 3 contracts
Samples: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.), Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.), Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)
Officer. Subject in all instances to the authority of the Board and the authority of the Dealer of Record to manage the day-to-day operations of the Company as set forth herein, the direction and oversight of the Board and any restrictions or limitations expressed, implied or otherwise inherent in any operating or capital budgets, strategic or business plans or similar guidance adopted or approved by the Board, the Officers of the Company, if appointed, shall be responsible for assisting the Dealer of Record in conducting the day- day-to-day business affairs of the Company, in a manner consistent with the operating or capital budgets, strategic or business plans or similar guidance approved by the Board, and shall serve subject to the power and authority of the Board and the following terms and conditions:
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (LMP Automotive Holdings, Inc.)
