Common use of Number and Term of Office Clause in Contracts

Number and Term of Office. The number of managers on the Board of Managers (each, a “Manager”) shall be four or such other number as shall be fixed from time to time by the Member. Managers need not be Members. Managers shall be elected by written consent of the Member and each Manager shall hold office until his or her successor is elected and qualified or until his or her earlier death or resignation or removal in the manner hereinafter provided. The initial Managers of the Company shall be as follows: Xxxxxxx X. Xxxxxx Xxxxxxx X. Xxxx Xxxx X. Xxxxxx Xxxxxx X. Xxxxx

Appears in 17 contracts

Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Operating Agreement (Wendy's of Denver, Inc.), Operating Agreement (Wendy's of Denver, Inc.)

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