Management by the Member. The management of the Company is vested to the Member. Except as otherwise provided in this Agreement, the Member shall have the power to do any and all acts necessary, convenient, or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by members of a limited liability company under the laws of the State of Delaware. The Member has the authority to bind the Company. Under its sole discretion the Member shall have full power and authority to delegate any of its powers and authorities under this Agreement.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Ancestry.com LLC), Limited Liability Company Agreement (Ancestry.com LLC), Limited Liability Company Agreement (Ancestry.com Operations Inc.)
Management by the Member. The In accordance with Section 18-402 of the Act, management of the Company is shall be vested to in the Member. Except as otherwise provided in this Agreement, the The Member shall have the full power and authority to do any and all acts necessary, convenient, convenient or incidental to or for the furtherance of the purposes described herein, including including, without limitation, all powers, statutory or otherwise, possessed by members a member of a limited liability company under the laws of the State of Delaware. The Member has the authority to bind the Company. Under its sole discretion the Member shall have full power and authority to delegate any of its powers and authorities under this Agreement.
Appears in 2 contracts
Samples: Non Competition Agreement (Websidestory Inc), Non Competition Agreement (Omniture, Inc.)
Management by the Member. The management of the Company is vested to the Member. Except as otherwise provided in this Agreement, the Member shall have the power to do any and all acts necessary, convenient, or incidental to or for the furtherance of the purposes described herein, including all powers, statutory or otherwise, possessed by members of a limited liability company under the laws of the State of Delaware. The Member has the authority to bind the Company. Under its sole discretion the Member shall have full power and authority to delegate any of its powers and authorities under this AgreementAgreement and to revoke any such delegation at any time.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ancestry.com LLC)
