Chairperson of the Board. The Board of Governors may elect one of its members to be Chairperson of the Board of Governors. In the event a Chairperson of the Board of Governors is elected, he or she shall preside at all meetings of the Board of Governors. The Chairperson of the Board of Governors is subject to the control of the Board of Governors and may be removed by the Board. The Chairperson of the Board of Governors shall have supervisory authority over the general policy and business of the limited liability company and shall perform the duties that are assigned by the Board of Governors.
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Samples: And Member Control Agreement (Aspirity Holdings LLC), And Member Control Agreement (Twin Cities Power Holdings, LLC), Operating Agreement (BMCT Equipment Company, L.L.C.)
Chairperson of the Board. The Board of Governors may elect one of its members to be Chairperson of the Board of Governors. In the event a Chairperson of the Board of Governors is who, if elected, he or she shall (i) preside at all meetings of the Board of Governors. The Chairperson of the Board of Governors is subject to the control of the Board of Governors members and may be removed by the Board. The Chairperson of the Board of Governors shall have supervisory authority over the general policy and business of the limited liability company and shall perform the duties that are assigned by the Board of Governors, (ii) maintain records of and certify proceedings of the members and the Board of Governors, and (iii) perform such other duties as may from time to time be prescribed by the Board.
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