Composition of Management Committee. Effective as of the date of this First Amendment, the Management Committee shall consist of three persons (“Management Committee Members”), who shall be appointed from time to time by the Member. The Member hereby appoints Xxxxx X. Xxxx, Xxxxxx X. Xxxxxx and Xxx X. Xxxxxx as the Management Committee Members, effective as of the date of this First Amendment. Each Management Committee Member shall hold office until his successor shall have been appointed by the Member. Management Committee Members need not be residents of the state in which the Company is organized. Any vacancy occurring in the Management Committee shall be filled by the Member. The Management Committee from time to time shall appoint officers of the Company to act for and on behalf of the Company.
Appears in 13 contracts
Samples: Operating Agreement (Kimball Hill, Inc.), Operating Agreement (Kimball Hill, Inc.), Operating Agreement (Kimball Hill, Inc.)
Composition of Management Committee. Effective as of the date of this First Amendment, the Management Committee shall consist of three persons (“Management Committee Members”), who shall be appointed from time to time by the Member. The Member hereby appoints Xxxxx X. Xxxx, Xxxxxx X. Xxxxxx and Xxx X. Xxxxxx as the Management Committee Members, effective as of the date of this First Amendment. Each Management Committee Member shall hold office until his successor shall have been appointed by the Member. Management Committee Members need not be residents of the state in which the Company is organized. Any vacancy occurring in the Management Committee shall be filled by the Member. The Management Committee from time to time shall appoint officers of the Company to act for and on behalf of the Company.
Appears in 2 contracts
Samples: Operating Agreement (Kimball Hill, Inc.), Operating Agreement (Kimball Hill, Inc.)
