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Common use of Management by Board of Managers Clause in Contracts

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act to the Member for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the Member. The initial Board shall consist of three (3) members, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Ebi, LLC), Limited Liability Company Agreement (Implant Innovations Holdings, LLC), Limited Liability Company Agreement (Implant Innovations Holdings, LLC)

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act to the Member for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the Member. The initial Board shall consist of three (3) membersManagers, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Biolectron, Inc.), Limited Liability Company Agreement (Biolectron, Inc.), Limited Liability Company Agreement (Biolectron, Inc.)

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act Code to the Member Members for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the MemberMembers. The initial Board shall consist of three (3) membersManagers, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Biolectron, Inc.)

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act Code to the Member for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the Member. The initial Board shall consist of three (3) membersManagers, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Biolectron, Inc.)

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act to the Member for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the Member. The initial Board shall consist of three (3) membersmanagers, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Biolectron, Inc.)

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act to the Member Members for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the MemberMembers. The initial Board shall consist of three (3) membersManagers, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Biolectron, Inc.)

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act Code to the Member for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the Member. The initial Board shall consist of three (3) members, who shall be Xxxxxxx X. Xxxxxx, Xxxxxxx X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Biolectron, Inc.)

Management by Board of Managers. (a) Subject to such matters which are expressly reserved hereunder or under the Act to the Member for decision, the business and affairs of the Company shall be managed by a board of managers (the “Board”), which shall be responsible for policy setting, approving the overall direction of the Company and making all decisions affecting the business and affairs of the Company. The Board shall consist of one (1) to five (5) individuals (the “Managers” and each a “Manager”), the exact number of Managers to be determined from time to time by resolution of the Member. The initial Board shall consist of three (3) membersManagers, who shall be Xxxxxxx X. XxxxxxXxxxx, Xxxxxxx X. Xxxxx and Xxxxx X.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Biolectron, Inc.)