Common use of Committee Members Clause in Contracts

Committee Members. Each member of the Partner Management Committee shall serve until such member’s Special Withdrawal, Withdrawal, death, Disability, resignation from the Partner Management Committee, or, other than with respect to the Chairman of the Partner Management Committee, removal by a majority vote of the other members of the Partner Management Committee. Upon the Special Withdrawal, Withdrawal, death, Disability, resignation from the Partner Management Committee or removal of any of the members of the Partner Management Committee, the remaining members of the Partner Management Committee shall act by majority vote to fill such vacancy or reduce the size of the committee to the remaining members. The Chairman or, if there is no Chairman, a majority of the Partner Management Committee, may appoint a new member of the Partner Management Committee at any time.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Och-Ziff Capital Management Group LLC), Agreement and Plan of Merger (Och-Ziff Capital Management Group LLC), Agreement and Plan of Merger (Och-Ziff Capital Management Group LLC)

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Committee Members. Each member of the Partner Management Performance Committee shall serve until such member’s Special Withdrawal, Withdrawal, death, Disability, resignation from the Partner Management Performance Committee, or, other than with respect to the Chairman of the Partner Management Performance Committee, removal by a majority vote of the other members of the Partner Management Performance Committee. Upon the Special Withdrawal, Withdrawal, death, Disability, resignation from the Partner Management Performance Committee or removal of any of the members of the Partner Management Performance Committee, the remaining members of the Partner Management Performance Committee shall act by majority vote to fill such vacancy or reduce the size of the committee to the remaining members. The Chairman or, if there is no Chairman, a majority of the Partner Management Performance Committee, may appoint a new member of the Partner Management Performance Committee at any time.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Och-Ziff Capital Management Group LLC), Agreement and Plan of Merger (Och-Ziff Capital Management Group LLC), Letter Agreement (Och-Ziff Capital Management Group LLC)

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