Number and Term of Office. The business and affairs of the Company shall be managed by or under the direction of the Board of Directors (the “Board of Directors”). The Board of Directors shall consist of not less than one (1) nor more than ten (10) directors. Directors shall be natural persons of full age. The Board of Directors shall have discretion to manage and control the business and affairs of the Company, to make decisions affecting the business and affairs of the Company, and to take actions as it deems necessary or appropriate to accomplish the purposes of the Company and to exercise all of the power and authority that limited liability companies may take under the Act; provided, however, that there shall be reserved to the Member the powers that, under the Act, are reserved to a non-managing Member.
Appears in 8 contracts
Samples: Limited Liability Company Agreement (Frontier Communications Corp), Limited Liability Company Agreement (Frontier Communications Corp), Limited Liability Company Agreement (Frontier Communications Corp)
