Compensation of Officers. The compensation of all Officers of the Company shall be fixed by the Board of Directors or in such other manner as may be approved by the Board of Directors and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation is authorized by the Board of Directors.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Wachovia Education Loan Funding LLC), Limited Liability Company Agreement (Wachovia Card Receivables LLC), Operating Agreement (WDS Receivables LLC)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Directors or in such other manner as may be approved by the Board of Directors Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation is authorized by the Board shall be duly authorized. The appointment of Directorsan Officer does not itself create contractual rights.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Hanover Capital Mortgage Holdings Inc), Limited Liability Company Agreement (Hanover Capital Mortgage Holdings Inc), Limited Liability Company Agreement (Mueller Water Products, Inc.)
Compensation of Officers. The compensation of all Officers officers of the Company shall be fixed by or under the Board authority of Directors or in such other manner as may be approved by the Board of Directors Board, and no Officer officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation is authorized by the Board of Directorsshall be duly authorized.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Novelis CORP), Limited Liability Company Agreement (Novelis CORP)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Directors or in or, subject to Section 6.5, another Officer with the power and authority to appoint and remove such other manner as may be approved by the Board of Directors Officer, and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation is authorized by the Board shall be duly authorized. The appointment of Directorsan Officer does not itself create contract rights.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Motorsport Gaming Us LLC), Limited Liability Company Agreement (Motorsport Gaming Us LLC)
Compensation of Officers. The compensation of all Officers officers of the Company Company, if any, shall be fixed by the Board of Directors or in such other manner as may be approved by the Board of Directors Member and no Officer officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation is be authorized by the Board of DirectorsMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Aevi Genomic Medicine, Inc.)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Directors or in such other manner as may be approved by the Board of Directors Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor therefore unless such additional compensation is authorized by the Board shall be duly authorized. The appointment of Directorsan Officer does not itself create contractual rights.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Green Tree SerVertis Acquisition LLC)
Compensation of Officers. The compensation of all Officers officers of the Company shall be fixed by the Board of Directors or in such other manner as may be approved by the Board of Directors Board, and no Officer officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation is shall be authorized by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Brekford Corp.)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Directors or in such other manner as may be approved by the Board of Directors Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor there for unless such additional compensation is authorized by the Board shall be duly authorized. The appointment of Directorsan Officer does not itself create contractual rights.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Mueller Group, Inc.)
Compensation of Officers. The compensation of all Officers of the Company shall be fixed by or under the authority of the Board of Directors or in such other manner as may be approved by the Board of Directors Managers, and no Officer shall serve the Company in any other capacity and receive compensation therefor unless such additional compensation is authorized by the Board shall be duly authorized. The appointment of Directorsan Officer does not itself create contract rights.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Duke Capital LLC)
