Chief Financial Officer and Treasurer. The Chief Financial Officer and Treasurer (the “CFO and Treasurer”) shall have the charge of the Company’s funds and securities and shall keep (or cause to be kept) full and accurate accounts and receipts and disbursements in books belonging to the Company and shall deposit (or cause to be deposited) all monies and other valuable effects in the name and to the credit of the Company, in such depositories as may be designated by the Managing Member or any Officer of the Company authorized by the Managing Member to make such designation. The CFO and Treasurer shall disburse the funds of the Company as may be ordered by the Managing Member or any other duly authorized Officer and shall render to the Managing Member, whenever the Managing Member require it, an account of all his transactions as CFO and Treasurer and an account of the business and financial position of the Company. The CFO and Treasurer shall exercise such powers and perform such duties as generally pertain or are necessarily incident to his or her office, and he or she shall perform such duties as may be assigned to him or her from time to time by the Managing Member or the Chief Executive Officer. The initial CFO and Treasurer following adoption of this Agreement shall be as set forth on Exhibit B hereto.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Paperweight Development Corp), Equity Purchase Agreement (Hicks Acquisition CO II, Inc.)
Chief Financial Officer and Treasurer. The Chief Financial Officer and Treasurer (the “CFO and Treasurer”) shall have the charge of the Company’s funds and securities and shall keep (or cause to be kept) full and accurate accounts and receipts and disbursements in books kooks belonging to the Company and shall deposit (or cause to be deposited) all monies and other valuable effects in the name and to the credit of the Company, in such depositories as may be designated by the Managing Member Board of Managers or any Officer of the Company authorized by the Managing Member Board of Managers to make such designation. The CFO and Treasurer He shall disburse the funds of the Company as may be ordered by the Managing Member Board of Managers or any other duly authorized Officer and shall render to the Managing MemberBoard of Managers, whenever the Managing Member Board of Managers require it, an account of all his transactions as CFO and Treasurer and an account of the business and financial position of the Company. The CFO and Treasurer shall exercise such powers and perform such duties as generally pertain or are necessarily incident to his or her office, and he or she shall perform such duties as may be assigned to him or her from time to time by the Managing Member Board of Managers or the Chief Executive Officer. The initial CFO and Treasurer following adoption of this Agreement shall be as set forth on Exhibit B hereto.
Appears in 1 contract
Samples: Limited Liability Company Agreement (57th Street General Acquisition Corp)
Chief Financial Officer and Treasurer. The Chief Financial Officer and Treasurer (the “CFO and Treasurer”) shall have the charge of the Company’s funds and securities and shall keep (or cause to be kept) full and accurate accounts and receipts and disbursements in books belonging to the Company and shall deposit (or cause to be deposited) all monies and other valuable effects in the name and to the credit of the Company, in such depositories as may be designated by the Managing Member Board of Managers or any Officer of the Company authorized by the Managing Member Board of Managers to make such designation. The CFO and Treasurer He shall disburse the funds of the Company as may be ordered by the Managing Member Board of Managers or any other duly authorized Officer and shall render to the Managing MemberBoard of Managers, whenever the Managing Member Board of Managers require it, an account of all his transactions as CFO and Treasurer and an account of the business and financial position of the Company. The CFO and Treasurer shall exercise such powers and perform such duties as generally pertain or are necessarily incident to his or her office, and he or she shall perform such duties as may be assigned to him or her from time to time by the Managing Member Board of Managers or the Chief Executive Officer. The initial CFO and Treasurer following adoption of this Agreement shall be as set forth on Exhibit B hereto.
Appears in 1 contract
Samples: Limited Liability Company Agreement (57th Street General Acquisition Corp)