Common use of SECONDMENT OF OFFICERS BY THE MANAGER Clause in Contracts

SECONDMENT OF OFFICERS BY THE MANAGER. Section 8.1 Secondment of the Chief Executive Officer and Chief Financial Officer The Manager shall second to the Company individuals to serve as the Company’s Chief Executive Officer and Chief Financial Officer. The Company’s Board of Directors shall elect the seconded Chief Executive Officer and Chief Financial Officer as officers of the Company in accordance with the terms of the LLC Agreement and the operational objectives and business plans of the Company in existence from time to time. The seconded Chief Executive Officer and Chief Financial Officer shall report directly, and be subject, to the Company’s Board of Directors.

Appears in 6 contracts

Samples: Management Services Agreement, Management Services Agreement (Compass Diversified Holdings), Management Services Agreement (Compass Diversified Holdings)

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