Number; Tenure Sample Clauses

Number; Tenure. The number of Managers and their tenure as Managers shall be as set by resolution of the Members. The Managers shall be elected at the annual meeting of Members, or a special meeting thereof, and each Manager elected shall hold office until his or her successor shall be elected and shall qualify.
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Number; Tenure. The number of directors constituting the Board of Directors shall from time to time be set by the Board of Directors. When the number of directors constituting the Corporation's Board of Directors shall be fixed at six or more members, directors' terms shall be staggered by dividing the total number of directors into three groups with each group to be as nearly equal in number as possible. Initially, one group will be elected for one year, one group will be elected for two years, and one group will be elected for three years. Thereafter, each group will be elected for three years. Directors shall be elected at the annual meeting of the shareholders, except as provided in Section 3 of this Article III, and each director shall be elected to serve until his successor has been elected and has qualified.
Sample 1Sample 2
Number; Tenure. The Company shall initially have two (2) Manager(s), Xxxxxxx X. Xxxxxx and Xxxxxx The number of Managers of the Company shall be fixed from time to time by the holders of a majority of Participating Percentages, but in no instance shall there be less than two (2)
Sample 1
Number; Tenure. The number of Managers and their tenure as Managers shall be as set by resolution of the Member. In the absence of a resolution of the Member, the number of Managers shall be one (1) and the initial Manager described in Article One hereof shall remain in such capacity until the earlier of its resignation, dissolution or removal or until its successor has been elected and qualified.
Sample 1
Number; Tenure. The number of Managers of the Company shall be four. Two of the Managers shall be appointed by Bioserve (initially Xxxxx Xxxxxxxxx and Xxxx Xxxxxx); two of the Managers shall be appointed by DNAPrint (initially Xxxxxxx Xxxxxxx and Xxxxxx Xxxxxx). The number of Managers may only be modified by a unanimous action of the Members.
Sample 1
Number; Tenure. The Advisory Board initially shall consist of not less than two nor more than five members. The initial members shall be selected by the Managing Member from the independent directors serving on the Board of Directors of Venture Inc. Each member of the Advisory Board shall hold office until his or her successor shall have been elected.
Sample 1

Related to Number; Tenure

  • Number; Qualification; Tenure (a) The number of Directors constituting the Board shall be at least three and no more than nine, and may be fixed from time to time pursuant to a resolution adopted by the Sole Member. Each Director shall be elected or approved by the Sole Member and shall continue in office until the removal of such Director in accordance with the provisions of this Agreement or until the earlier death or resignation of such Director.

  • Number, etc Unless the context otherwise requires, words importing the singular shall include the plural and vice versa and words importing any gender shall include all genders.

  • Limit on Number of Partners Unless otherwise permitted by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.

  • Number of Units The Participant is granted the number of RSUs as specified in the Participant’s account under the 0000 XXX grant, administered by Fidelity Investments or any successor thereto (“Fidelity”). A RSU is a hypothetical share of Verizon’s common stock. The value of a RSU on any given date shall be equal to the closing price of Verizon’s common stock on the New York Stock Exchange (“NYSE”) as of such date. A Dividend Equivalent Unit (“DEU”) or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon’s common stock. The amount of each DEU shall be equal to the corresponding dividend paid on a share of Verizon’s common stock. The DEU shall be converted into RSUs or fractions thereof based upon the closing price of Verizon’s common stock traded on the NYSE on the dividend payment date of each declared dividend on Verizon’s common stock, and such RSUs or fractions thereof shall be added to the Participant’s RSU balance. To the extent that Fidelity or the Company makes an error, including but not limited to an administrative error with respect to the number or value of the RSUs granted to the Participant under this Agreement, the DEUs credited to the Participant’s account or the amount of the final award payment, the Company or Fidelity specifically reserves the right to correct such error at any time and the Participant agrees that he or she shall be legally bound by any corrective action taken by the Company or Fidelity.

  • Vacancies; Increases in the Number of Directors Vacancies and newly created directorships resulting from any increase in the number of Directors shall be filled by the Sole Member. Any Director so appointed shall hold office until his removal in accordance with the provisions of this Agreement or until his earlier death or resignation.

  • Number of Directors Subject to the Certificate of Incorporation, the total number of directors constituting the Board shall be determined from time to time by resolution of the Board. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

  • Number of Managers The initial number of Managers shall be one (1) Manager. The number of Managers may be changed by the vote or consent of the Member.

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