Common use of Designation and Appointment Clause in Contracts

Designation and Appointment. Subject to Section 6.10 and the Securityholders Agreement, the Board of Managers may, from time to time, employ and retain Persons as may be necessary or appropriate for the conduct of the Company’s business (subject to the supervision and control of the Board of Managers), including employees, agents and other Persons (any of whom may be a Member or Manager) who may be designated as Officers of the Company, with such titles as and to the extent authorized by the Board of Managers. Any number of offices may be held by the same Person. In its discretion, the Board of Managers may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware or Members. Any Officers so designated shall have such authority and perform such duties as the Board of Managers may from time to time delegate to them. The Board of Managers may assign titles to particular Officers. Each Officer shall hold office until his successor shall be duly designated and shall qualify or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. The salaries or other compensation, if any, of the Officers of the Company shall be fixed from time to time by the Board of Managers.

Designation and Appointment. Subject to Section 6.10 and the Securityholders Agreement, the The Board of Managers may, from time to time, employ and retain Persons as may be necessary or appropriate for the conduct of the Company’s business (subject to the supervision and control of the Board of Managers), including employees, agents and other Persons (any of whom may be a Member or Manager) who may be designated as Officers of the Company, with such titles as and to the extent authorized by the Board of Managers. Any number of offices may be held by the same Person. In its discretion, the Board of Managers may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware or Members. Any Officers so designated shall have such authority and perform such duties as the Board of Managers may from time to time delegate to them. The Board of Managers may assign titles to particular Officers. Each Officer shall hold office until his successor shall be duly designated and shall qualify or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. The salaries or other compensation, if any, of the Officers of the Company shall be fixed from time to time by the Board of Managers.

Designation and Appointment. Subject to Section 6.10 and the Securityholders Agreement, the Board of Managers The Managing Member may, from time to time, employ and retain Persons as may be necessary or appropriate for the conduct of the Company’s and the Subsidiaries’ business (subject to the supervision and control of the Board of ManagersManaging Member), including employees, agents and other Persons (any of whom may be a Member or ManagerMember) who may be designated as Officers of the CompanyCompany or of one or more Subsidiaries, with such titles as and to the extent authorized by the Board of ManagersManaging Member. Any number of offices may be held by the same Person. In its discretion, the Board of Managers Managing Member may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware or Members. Any Officers so designated shall have such authority and perform such duties as the Board of Managers may Managing Member may, from time to time time, delegate to them. The Board of Managers Managing Member may assign titles to particular Officers. Each Officer shall hold office until his successor shall be duly designated and shall qualify or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. The salaries or other compensation, if any, of the Officers of the Company shall be fixed from time to time by the Board of Managersprovided in this Agreement.

Designation and Appointment. Subject to Section 6.10 and the Securityholders Agreement, the The Board of Managers Directors may, from time to time, employ and retain Persons as may be necessary or appropriate for the conduct of the Company’s and the Subsidiaries’ business (subject to the supervision and control of the Board of ManagersDirectors), including employees, agents and other Persons (any of whom may be a Member or ManagerDirector) who may be designated as Officers of the CompanyCompany or of one or more Subsidiaries, with such titles as and to the extent authorized by the Board of ManagersDirectors. Any number of offices may be held by the same Person. In its discretion, the Board of Managers Directors may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware or Members. Any Officers so designated shall have such authority and perform such duties as the Board of Managers may Directors may, from time to time time, delegate to them. The Board of Managers Directors may assign titles to particular Officers. Each Officer shall hold office until his successor shall be duly designated and shall qualify or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. The salaries or other compensation, if any, of the Officers of the Company shall be fixed from time to time by the Board of Managersprovided in this Agreement.

Designation and Appointment. Subject to Section 6.10 and the Securityholders Agreement, the The Board of Managers may, from time to time, employ and retain Persons appoint such officers (“Officers”) as may be necessary or appropriate for the conduct of the Company’s business (subject to the supervision and control of the Board Board). The Officers of Managers), including employees, agents and other Persons (any of whom the Company may be a Member or Manager) who may be designated as Officers authorized by the Board to open bank accounts, pay the debts of the Company, with enter into contracts, execute agreements and other documentation of the Company and perform such titles other actions as and to the extent authorized by the Board of Managersmay from time to time deem necessary or appropriate. Any number of offices may be held by the same Person. In its the Board’s discretion, the Board of Managers it may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware or MembersDelaware. Any Officers Officer so designated shall have such authority and perform such duties as is customary for an officer of such type for a Delaware corporation or as the Board of Managers may may, from time to time time, delegate to themsuch Officer. The Board of Managers may assign titles to particular Officers. Each Officer shall hold office until his or her successor shall be duly designated and shall qualify have qualified as an Officer or until his or her death or until he or she shall resign or shall have been removed in the manner hereinafter provided. The salaries or other compensation, if any, of the Officers of the Company shall be fixed not receive any salaries or other compensation directly from time to time by the Board of ManagersCompany.

Designation and Appointment. Subject to Section 6.10 and the Securityholders Agreement, the (a) The Board of Managers may, from time to time, employ and retain Persons elect such Officers as may be necessary or appropriate for the conduct of the Company’s business (subject to the supervision and control of the Board of ManagersBoard), including employees, agents and other Persons (any of whom . The Officers may be a Member or Manager) who may be designated as Officers authorized by the Board to open bank accounts, pay the debts of the Company, with enter into contracts, execute agreements and other documentation of the Company and perform such titles other actions as and to the extent authorized by the Board of Managersmay from time to time deem necessary or appropriate. Any number of offices may be held by the same Person. In its the Board’s discretion, the Board of Managers it may choose not to fill any office for any period as it may deem advisable. Officers need not be residents of the State of Delaware or MembersDelaware. Any Officers Officer so designated shall have such authority and perform such duties as is customary for an officer of such type for a Delaware corporation or as the Board of Managers may may, from time to time time, delegate to themsuch Officer. The Board of Managers may assign titles to particular Officers. Each Officer shall hold office until his or her successor shall be duly designated elected and shall qualify have qualified as an Officer or until his or her death or until he or she shall resign or shall have been removed in the manner hereinafter provided. The Officers shall not receive any salaries or other compensation, if any, of compensation directly from the Officers Company. (b) The officers (“Officers”) of the Company initially shall be fixed from time to time by the Board of Managers.as set forth below: Xxxxxx Xxxxx President Xxxxx Xxxxxxxxx Treasurer Xxxxxxx Xxxxx Chief Compliance Officer Xxxxx Xxxxx Secretary