Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the Manager. Any officer may be removed, with or without cause, at any time by the Manager.
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Samples: Operating Agreement (Real Street Build-to-Rent Fund I, LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC)
Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the ManagerManager until his or her successor is elected, except as otherwise provided by the Act or this Agreement. Any officer may be removed, with or without cause, at any time by the Manageraffirmative vote of the majority of Managers then in office.
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Samples: Limited Liability Company Operating Agreement (TSC Uits)
Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the ManagerManager until his or her successor is elected, except as otherwise provided by the Act. Any officer may be removed, with or without cause, at any time cause by the Manager.
Appears in 1 contract
Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC)
Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the ManagerManager until his or her successor is elected, except as otherwise provided by the Act. Any officer may be removed, with or without cause, at any time by the Manager.
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Appointment and Removal. The officers shall be appointed by the ManagerBoard of Managers. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the Manager. Any officer Board of Managers and may be removed, with or without cause, at any time by the ManagerBoard of Managers.
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