Common use of Designation and Appointment Clause in Contracts

Designation and Appointment. The Member may, from time to time, employ and retain persons as may be necessary or appropriate for the conduct of the Company’s business, including employees, agents and other persons who may be designated as officers of the Company, with titles including but not limited to “chief executive officer,” “chairman,” “president,” “executive vice president,” “senior vice president,” “vice president,” “treasurer,” “secretary,” “chief financial officer” and “chief operating officer,” as and to the extent authorized by the Member. Any number of offices may be held by the same person. In its discretion, the Member may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware. Any officers so designated shall have such authority and perform such duties as the Member may, from time to time, delegate to them. The Member may assign titles to particular officers. Each officer shall hold office until his or her successor shall be duly designated and shall qualify or until his or her death or until he shall resign or shall have been removed in the manner hereinafter provided.

Appears in 11 contracts

Samples: Operating Agreement (Atlas Energy Tennessee, LLC), Operating Agreement (Atlas Energy Tennessee, LLC), Limited Liability Company Agreement (Atlas Energy Tennessee, LLC)

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Designation and Appointment. The Member Members may, from time to time, employ and retain persons as may be necessary or appropriate for the conduct of the Company’s business, including employees, agents and other persons who may be designated as officers of the Company, with titles including but not limited to “chief executive officer,” “chairman,” “president,” “executive vice president,” “senior vice president,” “vice president,” “treasurer,” “secretary,” “chief financial officer” and “chief operating officer,” as and to the extent authorized by the MemberMembers. Any number of offices may be held by the same person. In its discretion, the Member Members may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware. Any officers so designated shall have such authority and perform such duties as the Member Members may, from time to time, delegate to them. The Member Members may assign titles to particular officers. Each officer shall hold office until his or her successor shall be duly designated and shall qualify or until his or her death or until he shall resign or shall have been removed in the manner hereinafter provided.

Appears in 1 contract

Samples: Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.)

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Designation and Appointment. The Member Manager may, from time to time, employ and retain persons as may be necessary or appropriate for the conduct of the Company’s businessbusiness (subject to the supervision and control of the Manager), including employees, agents and other persons who may be designated as officers “Officers” of the Company, with titles including but not limited to “chairman,” “chief executive officer,” “chairman,” “president,” “executive vice president,” “senior vice president,” “vice president,” “treasurer,” “secretary,” and “chief financial officer” and “chief operating officer,” as and to the extent authorized by the MemberManager. Any number of offices may be held by the same person. In its the Manager’s discretion, the Member Manager may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of DelawareNevada or members of the Company. Any officers Officers so designated shall have such authority and perform such duties as the Member Manager may, from time to time, delegate to them. The Member Manager may assign titles to particular officersOfficers. Each officer Officer shall hold office until his or her successor shall be duly designated and shall qualify have qualified as an Officer or until his or her death or until he shall resign or shall have been removed in the manner hereinafter provided. The salaries or other compensation, if any, of the Officers of the Company shall be fixed from time to time by the Manager.

Appears in 1 contract

Samples: Limited Liability Company Operating (Services International LLC)

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