Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual rights.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Hanover Capital Mortgage Holdings Inc), Limited Liability Company Agreement (Mueller Water Products, Inc.), Limited Liability Company Agreement (Hanover Capital Mortgage Holdings Inc)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Managers, Directors or in such other manner as may be approved by the Board of Directors and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation shall be duly authorized. The appointment is authorized by the Board of an Officer does not itself create contractual rightsDirectors.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Wachovia Education Loan Funding LLC), Limited Liability Company Agreement (Wachovia Card Receivables LLC), Liability Company Agreement (Pooled Auto Securities Shelf LLC)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Managersor, subject to Section 6.5, another Officer with the power and authority to appoint and remove such Officer, and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual contract rights.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Motorsport Gaming Us LLC), Limited Liability Company Agreement (Motorsport Gaming Us LLC)
Compensation of Officers. The compensation of all Officers officers of the Company shall be fixed by or under the authority of the Board of ManagersBoard, and no Officer officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual rights.
Appears in 2 contracts
Samples: Novelis CORP, Novelis CORP
Compensation of Officers. The compensation of all Officers officers of the Company shall be fixed by or under the authority of the Board of ManagersBoard, and no Officer officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual rightsauthorized by the Board.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Brekford Corp.)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor there for unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual rights.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mueller Group, Inc.)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor therefore unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual rights.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual contract rights.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Duke Capital LLC)
Compensation of Officers. The compensation of all Officers officers of the Company Company, if any, shall be fixed by or under the authority of the Board of Managers, Member and no Officer officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation shall be duly authorized. The appointment of an Officer does not itself create contractual rightsauthorized by the Member.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Aevi Genomic Medicine, Inc.)
