Employment of Officers. The Managers may designate one or more individuals as Officers which may include, but shall not be limited to, (i) a President, (ii) one or more Vice Presidents, (iii) a Secretary and (iv) a Treasurer, to manage or provide other services in respect to the Company’s properties or business subject to the control of the Managers and to be delegated such powers and authority as shall be deemed necessary and desirable by the Managers. The Officers shall not be required to devote their full time and energy to the Company and may act as owners, officers or in any other capacity in other, or competing, entities.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (GoPetro Transport LLC), Limited Liability Company Agreement (GoPetro Transport LLC), Limited Liability Company Agreement (GoPetro Transport LLC)
