Common use of Compensation of Officers Clause in Contracts

Compensation of Officers. The salaries or compensation, if any, of all Executive Officers shall be fixed by the Board of Managers or the Compensation Committee of the Board of Managers, if there be one. The salaries or compensation of the Other Officers and division officers, if there be any, may be fixed from time to time by the Board of Managers, the Chairman and Chief Executive Officer or the President and Chief Operating Officer.

Appears in 19 contracts

Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Operating Agreement (Wendy's of Denver, Inc.)

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Compensation of Officers. The salaries or compensation, if any, of all Executive Officers shall be fixed by the Board of Managers or the Compensation Committee of the Board of Managers, if there be one. The salaries or compensation of the Other Officers and division officers, if there be any, may be fixed from time to time by the Board of Managers, the Chairman and Chief Executive Officer Managers or the President and Chief Operating OfficerPresident.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)

Compensation of Officers. The salaries or compensation, if any, of all Executive Officers shall be fixed by the Board of Managers or the Compensation Committee of the Board of Managers, if there be one. The salaries or compensation of the Other Officers and division officers, if there be any, may be fixed from time to time by the Board of Managers, the Chairman and Chief Executive Officer Managers or the President and Chief Operating Executive Officer.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Wendy's Restaurants, LLC), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)

Compensation of Officers. The salaries or compensation, if any, of all Executive Officers shall be fixed by the Board of Managers or the Compensation Committee of the Board of Managers, if there be one. The salaries or compensation of the Other Officers and division officers, if there be any, may be fixed from time to time by the Board of Managers, the Chairman and Chief Executive Officer or the President and Chief Operating OfficerPresident.

Appears in 1 contract

Samples: Operating Agreement (Pca International Inc)

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Compensation of Officers. The salaries or compensation, if any, of all Executive Officers shall be fixed by the Board of Managers or the Compensation Committee of the Board of Managers, if there be oneBoard. The salaries or compensation of the Other Officers and division officers, if there be any, may be fixed from time to time by the Board of ManagersBoard, the Chairman and Chief Executive Officer Officer, the President or the President and Chief Operating Officer.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Nfo Worldwide Inc)

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