Common use of Number of Managers, Tenure, and Qualifications Clause in Contracts

Number of Managers, Tenure, and Qualifications. Xxxxxxx Homes Xxxxxxx Loans, LLC in association with the Xxxxxxx X Xxxxxxx Development Co., dba, GH GL, LLC via this Regulation A Offering, shall be the initial Manager of the Company. The Manager shall and will hold office until a successor have been elected and qualified in the future. Successor Manager(s) need not be a Member of the Company or residents in the State of Georgia. In many of our real estate development projects and startup businesses, managers who are qualified will run the day to day operations, at our new stores and restaurants via the Mall of Atlanta @ Xxxxxxx Tower, our chain of Can You Spare A Dollar? $1.00 Stores, Gil $ Mart, a general merchandise big box store, etc., for example, which our company will scale around the United States. Our company project(s), pending on a successful crowdfunding raise, interests and members capital via our Offering from accredited investors and non accredited investors (limited), will require a large amount of new, hired managers for our 85 company owned subsidiaries and businesses, if and only if equity (cash) is successful from our Regulation A.