Common use of Officers; Delegation and Duties Clause in Contracts

Officers; Delegation and Duties. The Company shall have such officers as the Manager deems to be necessary or desirable to conduct its business. Unless the Manager decides otherwise, if the title is one commonly used for officers of a business corporation, the assignment of such title shall constitute the delegation of the authority and duties that are normally associated with that office. Any number of offices may be held by the same Person.

Appears in 7 contracts

Samples: Limited Liability Company Operating Agreement, Operating Agreement, Limited Liability Company Operating Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!