Common use of Number; Qualifications Clause in Contracts

Number; Qualifications. The permanent Board elected by the members at the first annual meeting shall be comprised of seven (7) individuals. Governors shall be natural persons, and must be Members (or Voting Representatives of entity members) of the Company. Prior to the first annual meeting of members, the interim Board of Governors shall manage the Company.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement (Red Trail Energy, LLC), Operating Agreement

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