CONSENT OF INVESTORS TO ADMISSION OF SUCCESSOR DIRECTORS. Subject to Section 14.02, each Investor other than a Director hereby consents pursuant to Section 12.02 to the admission of any Person as a successor Director meeting the requirements of Section 12.02 to whose admission as such a Majority in Interest of the Investors have expressly consented, and no further express consent or approval shall be required.
Appears in 5 contracts
Samples: Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC), Operating Agreement (Technology Funding Venture Capital Fund Vi LLC)
CONSENT OF INVESTORS TO ADMISSION OF SUCCESSOR DIRECTORS. Subject to Section 14.0213.02, each Investor other than a Director hereby consents pursuant to Section 12.02 11.02 to the admission of any Person as a successor Director meeting the requirements of Section 12.02 11.02 to whose admission as such a Majority in Interest of the Investors have expressly consented, and no further express consent or approval shall be required.
Appears in 1 contract
Samples: Operating Agreement (Vcvillage Com Opportunity Fund LLC)
