Delegation of Authority; Officers. The Board shall have the power to elect, delegate authority to, and remove such officers, employees, agents and representatives of the Company as the Board may from time to time deem appropriate. Any delegation of authority to take any action must be approved in the same manner as would be required for the Board to approve such action directly. The salaries of all officers, employees and agents of the Company shall be fixed by the Board in accordance with the Approved Budget.
Delegation of Authority; Officers. (a) Subject to their duties hereunder and under applicable law, the Members may from time to time delegate to one or more persons other than Members such authority, powers and duties as the members shall deem appropriate.
Delegation of Authority; Officers. (a) The Board may, from time to time, delegate to one or more Persons (including any Member, Manager or Officer and including through the creation and establishment of one or more other committees) such authority and duties as the Board may deem advisable; provided, however, that any delegation of authority or duty pursuant to this Section 5.4(a) may not be done without the approval of the Investor Managers if the duties or authority being delegated relate to those matters described in Section 5.3(b). Any delegation pursuant to this Section may be revoked at any time by the Board.
Delegation of Authority; Officers. The Management Committee shall have the authority and power to appoint Officers and to delegate to one or more of such Officers, the rights and powers to manage and control the business and affairs of the Company; provided, that the Management Committee may not delegate the right to vote that is reserved exclusively to the Management Committee in Section 8.03 hereof. The Officers of the Company, if deemed necessary by the Management Committee, may include a president, one or more vice presidents, secretary, treasurer, assistant secretary and assistant treasurer. The Officers shall serve at the pleasure of the Management Committee, subject to all rights, if any, of an Officer under any contract of employment. Any individual may hold any number of offices. The Officers shall exercise such powers and perform such duties as shall be determined from time to time by the Management Committee.
Delegation of Authority; Officers. The Management Committee shall have the power to elect, delegate authority to (subject to Section 7.1(a)) and remove such officers, employees, agents and representatives of the Partnership as the Management Committee may from time to time deem appropriate. Any delegation of authority to take any action must be approved in the same manner as would be required for the Management Committee to approve such action directly. The salaries (if any) of all officers, employees and agents of the Partnership shall be fixed by the Management Committee. By execution of this Agreement, the Partners hereby (and the Management Committee is deemed to) elect the individuals listed on Schedule 3(a) as the initial officers of the Partnership, with the titles set forth opposite each such officer’s name on Schedule 3(a) and the authority set forth on Schedule 3(b).
Delegation of Authority; Officers. (a) Subject to their duties hereunder and under applicable law, the Members may from time to time delegate to one or more persons such authority, powers and duties as the directors shall deem appropriate.
Delegation of Authority; Officers. (a) As of the Effective Date, the Board has created the officer positions set forth on Appendix V and appointed the Persons set forth on Appendix V to such officer positions. The Member that is an Affiliate of the Operator shall be hereafter entitled to appoint, remove and replace the president of the Company (the “President”). From time to time, the Board may create other officer positions and appoint individuals to serve in such positions. Each officer of the Company and any of its Subsidiaries shall serve in such capacity until removed or replaced by the Member that is an Affiliate of the Operator (in the case of the President) or by the Board (in the case of any other officer) or until such officer’s earlier death or resignation. Any delegation of authority to an officer to take any action (other than the delegations of authority to the President, Vice Presidents and Secretary expressly set forth herein) must be approved in in accordance with Section 5.1(b). Officers of the Company or any of its Subsidiaries shall not be entitled to any fees for serving in such capacity. Each Member shall be responsible for all out-of-pocket costs and expenses incurred by its or its Affiliates’ employees that are officers of the Company or any of its Subsidiaries in their capacity as officers.
Delegation of Authority; Officers. (a) The Management Board shall have the power to elect, delegate authority to, and remove such officers, employees, agents and representatives of the Company and the other Company Group Members as the Management Board may from time to time deem appropriate; provided, however, that each officer appointee of the Company shall serve a three (3) year term commencing as of the date of the appointment of such officer, and the Management Board shall elect a Person (which may or may not be the existing Person) to serve the subsequent three (3) year term for such office on or before the expiration of such three (3) year term. Unless otherwise agreed by the Management Board, each officer of the Company shall hold the same office for each other Company Group Member. The Management Board shall use commercially reasonable efforts to elect all officers identified in Section 5.9(b) within 120 days of the Closing Date. Any delegation of authority to take any action must be approved in the same manner as would be required for the Management Board to approve such action directly. Any salaries paid by the Company to employees and agents of the Company shall be fixed by the Management Board in accordance with an approved Annual Work Program and Budget. All amounts to be reimbursed to the employer of any person seconded to any Company Group Member shall be as set forth in the form of the Secondment Agreement and shall be included in the applicable Annual Work Program and Budgets.
Delegation of Authority; Officers. (a) The Managing Member may, from time to time, delegate to one or more Persons (including any Officer or other authorized Person) such authority and duties as the Managing Member may deem advisable; provided, that no Person shall be delegated the power to take any action that would violate the express terms of this Agreement or any PubCo Governing Document. Any delegation pursuant to this Section 3.2 may be revoked at any time by the Managing Member.
Delegation of Authority; Officers. 17 9.05 Standard of Conduct........................................................................17 9.06 Compensation...............................................................................17 9.07 Removal....................................................................................17 9.08 Resignation................................................................................18 9.09 Indemnification............................................................................18 9.10 Employees..................................................................................18
