Common use of Appointment of Managers Clause in Contracts

Appointment of Managers. In the event of the appointment of a Manager nominated in accordance with this clause, the Unitholders shall vote their Units to cause the appointment to the Board of the Manager so designated for appointment by the appropriate Unitholder.

Appears in 4 contracts

Samples: Operating Agreement (Pedevco Corp), Operating Agreement (Pedevco Corp), Operating Agreement (Pedevco Corp)

AutoNDA by SimpleDocs

Appointment of Managers. In the event of the appointment of a Manager nominated in accordance with this clausesection, the Unitholders shall vote their Units to cause the appointment to the Board of the Manager so designated for appointment by the appropriate Unitholder.

Appears in 2 contracts

Samples: Operating Agreement (Pedevco Corp), Operating Agreement (Pedevco Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!