Common use of Officers of the LLC Clause in Contracts

Officers of the LLC. The Managing Member may designate one or more individuals as officers of the LLC (collectively, the “Officers” and each, an “Officer”), who may but need not have titles. The Officers shall exercise and perform such powers and duties as shall be assigned to them from time to time by the Managing Member. Any Officer may be removed by the decision of the Managing Member at any time, with or without cause. Each Officer shall hold office until his or her successor is elected and qualified. Any number of offices may be held by the same individual. To the extent appointed by the Managing Member, the Officers shall include the following Officers and such other Officers as the Managing Member may from time to time determine:

Appears in 10 contracts

Samples: Limited Liability Company Agreement (Tarantula Ventures LLC), Limited Liability Company Agreement (Tarantula Ventures LLC), Limited Liability Company Agreement (Tarantula Ventures LLC)

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