Common use of Appointment and Tenure Clause in Contracts

Appointment and Tenure. (i) The Member may, from time to time, designate officers of the Company to carry out the day-to-day business of the Company and may delegate to any officer any of the Member’s powers under this Agreement, including, without limitation, the power to bind the Company. (ii) The officers of the Company shall be comprised of one or more individuals designated from time to time by the Member. No officer need be a resident of the State of Delaware. Each officer shall hold his offices for such terms and shall have such authority and exercise such powers and perform such duties as shall be determined from time to time by the Member. Any number of offices may be held by the same individual. The salaries or compensation, if any, of the officers of the Company shall be fixed from time to time by the Member. (iii) The officers of the Company may consist of a president, a secretary and a treasurer. The Member may also designate one or more vice presidents, assistant secretaries, and assistant treasurers and such other officers and assistant officers with any titles as the Member shall deem necessary.

Appointment and Tenure. (i) The Member mayshall, from time to time, designate officers of the Company to carry out the day-to-day business of the Company and may delegate Company, such designation to any officer any be reflected by written action of the Member’s powers under this Agreement, including, without limitation, Member and filed in the power to bind minute books of the Company. (ii) The officers of the Company shall be comprised of one or more individuals designated from time to time by the Member. No officer need be a resident of the State of Delaware. Each officer shall hold his offices for such terms and shall have such authority and exercise such powers and perform such duties as shall be determined from time to time by the Member. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers and agents of the Company shall be fixed from time to time by the Member. (iii) The officers of the Company may consist of a president, a secretary and a treasurer. The Member may also designate one or more vice presidents, assistant secretaries, and assistant treasurers and treasurers. The Member may designate such other officers and assistant officers with any titles and agents as the Member shall deem necessary.

Appointment and Tenure. (i) The Member Managers may, from time to time, designate officers of the Company to carry out the day-to-day business of the Company and may delegate to any officer any of Company; however, the initial officers as set forth in Section 12(a)(iv) below shall be appointed by the Member’s powers under this Agreement, including, without limitation, the power to bind the Company. (ii) The officers of the Company shall be comprised of one or more individuals designated from time to time by the MemberMembers. No officer need be a resident of the State of DelawareNevada. Each officer shall hold his offices for such terms and shall have such authority and exercise such powers and perform such duties as shall be determined from time to time by the MemberMembers. Any number of offices officers may be held by the same individual. The salaries or compensation, if any, of the officers and agents of the Company shall be fixed from time to time by the MemberMembers. (iii) The officers of the Company may consist of a president/chief execute officer, a secretary and a treasurer. The Member Members may also designate one or more vice presidents, assistant secretaries, and assistant treasurers and treasurers. The Members may designate such other officers and assistant officers with any titles and agents as the Member Members shall deem necessary. (iv) The initial officers of the Company are as set forth on Exhibit B.