Appointment and Removal of Managers. Managers shall be appointed by the Member. Any Manager or the entire Board of Managers may be removed at any time, with or without cause, by the Member. Any person may resign as Manager by delivery of written notice to the Member. Any Manager may be removed for any reason, with or without cause, by the Member.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Eagle Holdco 3 LLC), Limited Liability Company Agreement (Eagle Holdco 3 LLC), Limited Liability Company Agreement (Eagle Holdco 3 LLC)
Appointment and Removal of Managers. Managers Each Manager shall be appointed by a the Member. Any Manager unanimous consent of all Members for (a) a term expiring with the appointment of a successor, or the entire Board of Managers may be removed (b) a term expiring at any time, with or without cause, a definite time specified by the Memberunanimous consent of all Members in connection with such an appointment. Any person may resign as Manager by delivery of written notice to the Member. Any A Manager may be removed for any reason, with or without cause, cause at any time by action of the Memberunanimous consent of all Members.
Appears in 1 contract
Samples: Limited Liability Company Operating Agreement (Bonn Edward J)
Appointment and Removal of Managers. Managers shall be appointed by written notice to the MemberBoard of Managers, by the Member entitled to appoint such Manager, to hold office for an indefinite term. Any Manager or the entire Board of Managers may nay be removed at any time, with or without cause, from the Board of Managers by the Member. Any person may resign as Manager by delivery of written notice to the Member. Any Manager may be removed for any reason, with or without cause, by the MemberMember that appointed such Manager.
Appears in 1 contract
