Appointment and Removal of Manager. At any time, and from time to time, the member or members holding a majority of the Units in the Company may elect one or more individuals or entities to manage the Company (the "Manager"). The Manager shall be responsible for any and all such duties as the member(s) may choose to confer upon the Manager in this Agreement. By execution of this Agreement, Member hereby appoints Melixxx Xxxxxxx, xx initial Manager of the Company. A Manager (whether an initial or a successor Manager) shall cease to be a Manager upon the earlier of (i) such Manager's resignation or (ii) such Manager's removal pursuant to the affirmative vote of the member or members holding a majority of the Units. Any vacancy in the Manager position, whether occurring as a result of a Manager resigning or being removed may be filled by appointment of a successor by the member or members holding a majority of the Units in accordance with this Paragraph 10. A Manager need not be a member or resident of the State of Delaware.
Appointment and Removal of Manager. The Member may elect one or more persons to serve as Manager. The Member may remove any Manager at any time with or without cause.
Appointment and Removal of Manager. The Manager may be removed at any time for Cause by the holders of a Majority Vote. The Manager may resign at any time by delivering a written resignation to the Company, which resignation shall be effective upon receipt thereof unless it is specified to be effective at some other time or upon the occurrence of a particular event. Following the Manager’s removal or resignation, a successor Manager shall be elected by the holders of a Majority Vote. The removal of the Manager shall not affect the Manager’s rights as a Member and shall not constitute a withdrawal by such Member from the Company.
Appointment and Removal of Manager. (a) The Owners appoint the Manager to manage the JV Operations as carried out by the JV Entities on the terms set out in this Agreement.
(b) The Manager will at all times be owned by Hamersley Holdings Ltd and BHP Billiton Minerals Pty Ltd in equal shares.
(c) At Completion, the Manager’s constitution will be in the form agreed by Rio Tinto and BHP Billiton and may only be amended with the agreement of the Owners.
Appointment and Removal of Manager. The Member is hereby appointed as the sole manager of the Company (the "Manager") as provided in Sections 18-402 and 18-403 of the Act. The Manager shall have such rights and duties as are provided by the Act, and shall have the power and authority to delegate to the officers of the Company, if any, its rights and powers, or any portion thereof, to manage and control the business and affairs of the Company.
Appointment and Removal of Manager. (a) The Manager may resign on 60 days' written notice to the Parties.
(b) The Manager may be removed by a resolution of the Board or by order of a Court of competent jurisdiction if it commits gross negligence or wilful misconduct.
(c) Upon retirement or removal of the Manager, the Parties shall appoint a manager by agreement between them, or, in default of agreement, by resolution of the Board (provided that at a meeting convened for the purposes of such resolution, the Party appointing the Manager who has been removed under Clause 7.7(b) shall not be entitled to vote) and such replacement manager shall also act as Operator under the Century JVA.
Appointment and Removal of Manager. (a) The Party holding a majority Participating Interest shall appoint the Manager of the Joint Venture unless and until that Manager resigns or is removed as Manager in accordance with the provisions below.
(b) The Manager may resign on 60 days’ notice to the Parties.
(c) The Manager may be removed by a resolution of the Committee if the Manager commits gross negligence or wilful misconduct.
(d) Upon retirement or removal of the Manager, the Parties shall appoint a manager by agreement between them, or, in default of agreement, by resolution of the Committee.
Appointment and Removal of Manager. (S)
8.1 Appointment of Initial Manager(s). By executing this Agreement, the Members hereby affirm the appointment of Xxxxxx X. Xxxx as the initial Manager of the Company with all the rights, duties, responsibilities and obligations set forth herein.
Appointment and Removal of Manager. Only Coinstar may remove the Manager and designate a successor Manager, and Coinstar may, in its sole discretion, remove the Manager and designate a successor Manager from time to time with or without cause.
Appointment and Removal of Manager. (a) Initial Manager. The initial Manager of the Company shall be Jxxx X. Xxxxxx.
