Common use of Election of Officers Clause in Contracts

Election of Officers. The Board of Managers shall elect the officers of the Company who shall hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Board of Managers; and all officers of the Company shall hold office until their successors are chosen and qualified, or until their earlier death, resignation or removal. Any officer elected by the Board of Managers may be removed at any time, with or without Cause, by the affirmative vote of the Board of Managers or upon the Incapacity of such officer. Any vacancy occurring in any office of the Company shall be filled by the Board of Managers. The salaries of all officers of the Company shall be fixed by the Board of Managers. The Board of Managers may delegate such duties to any such officers or other employees, agents and consultants of the Company as the Board of Managers deems appropriate, including the power, acting individually or jointly, to represent and bind the Company in all matters, in accordance with the scope of their respective duties.

Election of Officers. The Board of Managers Directors shall elect the officers of the Company Fund who shall hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Board of ManagersDirectors; and all officers of the Company Fund shall hold office until their successors are chosen and qualified, or until their earlier death, resignation or removal. Any officer elected by the Board of Managers Directors may be removed at any time, with or without Cause, by the affirmative vote of the Board of Managers Directors or upon the Incapacity of such officer. Any vacancy occurring in any office of the Company Fund shall be filled by the Board of ManagersDirectors. The salaries of all officers of the Company Fund shall be fixed by the Board of ManagersDirectors. The Board of Managers Directors may delegate such duties to any such officers or other employees, agents and consultants of the Company Fund as the Board of Managers Directors deems appropriate, including the power, acting individually or jointly, to represent and bind the Company Fund in all matters, in accordance with the scope of their respective duties.

Election of Officers. The Board of Managers shall elect the officers of the Company who shall hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Board of Managers; and all officers of the Company shall hold office until their successors are chosen and qualified, or until their earlier death, resignation or removal. Any officer elected by the Board of Managers may be removed at any time, with or without Causecause, by the affirmative vote of the Board of Managers or upon the Incapacity of such officer. Any vacancy occurring in any office of the Company shall be filled by the Board of Managers. The salaries of all officers of the Company shall be fixed by the Board of Managers. The Board of Managers may delegate such duties to any such officers or other employees, agents and consultants of the Company as the Board of Managers deems appropriate, including the power, acting individually or jointly, to represent and bind the Company in all matters, in accordance with the scope of their respective duties.

Election of Officers. The Board of Managers shall elect the officers of the Company Fund who shall hold their offices for such terms and shall exercise such powers and perform such duties as shall be determined from time to time by the Board of Managers; and all officers of the Company Fund shall hold office until their successors are chosen and qualified, or until their earlier death, resignation or removal. Any officer elected by the Board of Managers may be removed at any time, with or without Cause, by the affirmative vote of the Board of Managers or upon the Incapacity of such officer. Any vacancy occurring in any office of the Company Fund shall be filled by the Board of Managers. The salaries of all officers of the Company Fund shall be fixed by the Board of Managers. The Board of Managers may delegate such duties to any such officers or other employees, agents and consultants of the Company Fund as the Board of Managers deems appropriate, including the power, acting individually or jointly, to represent and bind the Company Fund in all matters, in accordance with the scope of their respective duties.