Common use of Designation and Appointment Clause in Contracts

Designation and Appointment. The Manager may (but need not), from time to time, designate and appoint one or more persons as an officer of the Company. An officer need not be a resident of the State of Delaware, nor a Holder. Any officers so designated shall have such authority and perform such duties as the Manager may, from time to time, delegate to them. The Manager may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officers. Unless the Manager otherwise decides, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c). Each officer shall hold office until such officer's successor shall be duly designated and shall qualify or until such officer's death or until such officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers and agents of the Company shall be fixed from time to time by the Manager.

Designation and Appointment. The Manager may (but need not), from time to time, designate and appoint one or more persons as an officer of the Company. An officer need not be a resident of the State of Delaware, nor a Holder. Any officers so designated shall have such authority and perform such duties as the Manager may, from time to time, delegate to them. The Manager may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officers. Unless the Manager otherwise decides, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers pursuant to the terms of Section 5.2 and 5.6(c). Each officer shall hold office until such officer's ’s successor shall be duly designated and shall qualify or until such officer's ’s death or until such officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers and agents of the Company shall be fixed from time to time by the Manager.

Designation and Appointment. The Manager Board may (but need not), from time to time, designate and appoint one or more persons as an officer Officer of the Company. An officer No Officer need not be a resident of the State of Delaware, nor a HolderMember or a Manager. Any officers Officers so designated shall have such authority and perform such duties as the Manager Board may, from time to time, delegate to them. The Manager Board may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to particular officersOfficers. Unless the Manager Board otherwise decides, if the title is one commonly used for officers of a business corporation formed, the assignment of such title shall constitute the delegation to such officer Officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation of authority and duties made to such officer Officer by the Manager pursuant to the third sentence of this Section 5.6(a) and (ii) any delegation of authority and duties made to one or more officers Board pursuant to the terms of Section 5.2 and 5.6(c)hereof. Each officer Officer shall hold office until such officerOfficer's successor shall be duly designated and shall qualify or until such officerOfficer's death or until such officer Officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers Officers and agents of the Company shall be fixed from time to time by the ManagerBoard. The names of the initial Officers of the Company are set forth on SCHEDULE III attached hereto. Thereafter, the Officers shall be as appointed by the Board of Managers.

Designation and Appointment. The Manager Board may (but need not), from time to time, designate and appoint one or more persons as an officer Officer of the CompanyNGR Management. An officer No Officer need not be a resident of the State of Delaware, nor a HolderMember or a Manager. Any officers Subject to the terms of Section 5.1(d), any Officers so designated shall have such authority and perform such duties as the Manager Board may, from time to time, designate or delegate to them. The Manager Board may assign titles to particular Officers (including chairmanChairman, chief executive officerChief Executive Officer, presidentPresident, vice presidentChief Financial Officer, secretaryChief Operating Officer, assistant secretaryVice President, treasurer and assistant treasurer) to particular officersExecutive Vice President, Secretary, Assistant Secretary, Treasurer, or Assistant Treasurer). Unless the Manager Board otherwise decides, if the title is one commonly used for officers of a business corporation formedformed under the Laws of the State of Delaware, the assignment of such title shall constitute the delegation to such officer Officer of the authority and duties that are normally associated with that office, subject to (i) any specific delegation or negation of authority and and/or duties made to such officer Officer by the Manager Board pursuant to the third sentence of this Section 5.6(a5.5(b) and Section 5.6(b), (ii) any delegation of authority and duties made to one or more officers Officers pursuant to the terms of Section 5.2 5.4 and 5.6(c)(iii) the specific limitations set forth in this Agreement, including the limitations set for forth in Section 5.6 and Article VI. Each officer Officer shall hold office until such officer's Officer’s successor shall be duly designated and shall qualify or until such officer's Officer’s death or until such officer Officer shall resign or shall have been removed in the manner hereinafter provided. Any number of offices may be held by the same individual. The salaries or other compensation, if any, of the officers Officers and agents of the Company NGR Management shall be fixed from time to time by the ManagerBoard (subject to any contract rights of the applicable Officer).