Common use of 4Officers Clause in Contracts

4Officers. The Managers may appoint and elect officers for the Company, including (without limitation), a president, one or more vice presidents, a secretary and a treasurer. The Managers shall have the right to remove any officers, with or without cause. The Managers may delegate to the officers the power to manage the day to day business and affairs of the Company and to take such additional actions as authorized by the Managers, all of which powers may be expanded or limited by the Managers.

Appears in 3 contracts

Samples: Operating Agreement (Oasis Real Estate Investments 1, LLC), Operating Agreement (Oasis Real Estate Investments 1, LLC), Operating Agreement (Oasis Real Estate Investments 1, LLC)

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4Officers. The Managers Manager may appoint and elect officers for the Company, including (without limitation), a president, one or more vice presidents, a secretary and a treasurer. The Managers Manager shall have the right to remove any officers, with or without cause. The Managers Manager may delegate to the officers the power to manage the day to day business and affairs of the Company and to take such additional actions as authorized by the ManagersManager, all of which powers may be expanded or limited by the ManagersManager.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Robert Ventures Holdings LLC)

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