Election, Term of Office and Qualifications. Officers may be elected from time to time by the Board of Managers. Such officers shall hold office until their successors are elected and qualified, or until such office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action of the Board of Managers, in the case of officers other than Named Officers. An officer who is a Manager shall hold office until the election and qualification of his or her successor even though he or she may cease to be a Manager.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Alliant Techsystems Inc), Limited Liability Company Agreement (Alliant Techsystems Inc), Limited Liability Company Agreement (Alliant Techsystems Inc)
Election, Term of Office and Qualifications. Officers may be elected from time to time by At each annual meeting of the Board of Managers, all officers shall be elected. Such officers shall hold office until the next annual meeting of the Managers or until their successors are elected and qualified, or until such office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action a vote of the Board majority of all Managers, in the case of officers other than Named Officers. An officer who is a Manager shall hold office until the election and qualification of his or her successor even though he or she may cease to be a Manager.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Apex Therapeutic Care, Inc.), Limited Liability Company Agreement (Curative Health Services Inc), Limited Liability Company Agreement (Apex Therapeutic Care, Inc.)
Election, Term of Office and Qualifications. Officers may be elected The Board of Managers shall elect officers from time to time by the Board of Managersas it deems appropriate. Such officers shall hold office until their successors are elected and qualified, or until such the office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action a vote of the Board of Managers, in the case of officers other than Named Officers. An officer who is a Manager shall hold office until the election and qualification of his or her successor even though he or she may cease to be a Manager.
Appears in 3 contracts
Samples: Exclusive License Agreement (Texas Rare Earth Resources Corp.), Limited Liability Company Agreement (Lorus Therapeutics Inc), Limited Liability Company Agreement (Lorus Therapeutics Inc)
Election, Term of Office and Qualifications. Officers may be elected The Board of Directors shall elect officers from time to time by the Board of Managersas it deems appropriate. Such officers shall hold office until their successors are elected and qualified, or until such the office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action a vote of the Board of ManagersDirectors, in the case of officers other than Named Officers. An officer who is a Manager Director shall hold office until the election and qualification of his or her successor even though he or she may cease to be a ManagerDirector.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Kodiak Oil & Gas (USA) Inc.), Limited Liability Company Agreement (Kodiak Oil & Gas (USA) Inc.)
Election, Term of Office and Qualifications. Officers may be elected The Board of Managers will elect officers from time to time by the Board of Managersas it deems appropriate. Such officers shall will hold office until their successors are elected and qualified, or until such the office is eliminated by amendment of this Agreement, in the case of the Named Officers, or by action a vote of the Board of Managers, in the case of officers other than Named Officers. An officer who is a Manager shall will hold office until the election and qualification of his or her successor even though he or she may cease to be a Manager.
Appears in 1 contract
Samples: Limited Liability Company Agreement (ASAlliances Biofuels, LLC)
