Common use of Managers as Members Clause in Contracts

Managers as Members. Any Manager may, but need not, hold an Interest in the Company as a Member, and such person's rights and interest as a Manager shall be distinct and separate from such person's rights and Interest as a Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (St Lawrence Seaway Corp), Option Agreement (St Lawrence Seaway Corp)

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Managers as Members. Any Manager may, but need not, may hold an Interest interest in the Company as a Member, and such person's ’s rights and interest as a Manager shall be distinct and separate from such person's ’s rights and Interest interests as a Member.

Appears in 2 contracts

Samples: Operating Agreement, Multi Member LLC Operating Agreement

Managers as Members. Any A Manager may, but need not, may hold an Interest interest in the Company as a Member, and such person's individual’s rights and interest as a Manager shall be distinct and separate from such person's individual’s rights and Interest interest as a Member.

Appears in 2 contracts

Samples: Operating Agreement (Heska Corp), Operating Agreement (Heska Corp)

Managers as Members. Any Manager may, but need not, may hold an Interest interest in the Company as a Member, and such person's Person’s rights and interest as a Manager shall be distinct and separate from such person's Person’s rights and Interest interest as a Member.

Appears in 1 contract

Samples: Operating Agreement (Rallybio Holdings, LLC)

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Managers as Members. Any Manager may, but need not, may hold an Interest interest in the Company LLC as a Member, and such person's rights and interest as a Manager shall be distinct and separate from such person's rights and Interest interest as a Member.. 2.05

Appears in 1 contract

Samples: Operating Agreement (Historic Preservation Properties 1989 Limited Partnership)

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