Employment of CEO. At a reasonable time prior to the estimated start-up date of the Company’s operations, the Board shall select, employ, and fix the compensation of the CEO of the Company, who may be a member of the Board. The CEO position shall be the principal executive officer position of the Company, and the CEO shall be the chief executive officer and chief manager of the Company. The CEO shall have responsibility for all administrative and operational aspects of the Company, shall have responsibility for hiring and supervising all employees, and shall perform such other duties that may be assigned by the Board.
Appears in 4 contracts
Samples: Member Control Agreement (Granite Falls Energy, LLC), Member Control Agreement, Member Control Agreement (Heron Lake BioEnergy, LLC)