Common use of Managers as Members Clause in Contracts

Managers as Members. A Manager may hold an interest in the Company as a Member, and such individual’s rights and interest as a Manager shall be distinct and separate from such individual’s rights and interest as a Member.

Appears in 2 contracts

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

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Managers as Members. A Any Manager may hold an interest in the Company as a Member, and such individualperson’s rights and interest as a Manager shall be distinct and separate from such individualperson’s rights and interest interests as a Member.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

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

Appears in 2 contracts

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

Managers as Members. A Any Manager may hold an interest in the Company as a Member, and such individualPerson’s rights and interest as a Manager shall be distinct and separate from such individualPerson’s rights and interest as a Member.

Appears in 1 contract

Samples: Operating Agreement (Rallybio Holdings, LLC)

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Managers as Members. A Any Manager may hold an interest in the Company LLC as a Member, and such individual’s person's rights and interest as a Manager shall be distinct and separate from such individual’s person's rights and interest as a Member.

Appears in 1 contract

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

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