Common use of Other Officers; Security Clause in Contracts

Other Officers; Security. The other officers, if any, of the Company shall have such duties and powers as generally pertain to their respective offices and such other duties and powers as the Board of Managers shall from time to time delegate to each such officer. The Board of Managers may require any officer, agent or employee to give security, by bond or otherwise, for the faithful performance of his or her duties.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Great Lakes Dredge & Dock Environmental, Inc), Limited Liability Company Agreement (Great Lakes Dredge & Dock CORP), Limited Liability Company Agreement (NASDI Holdings Corp)

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Other Officers; Security. The other officers, if any, of the Company shall have such duties and powers as generally pertain to their respective offices and such other duties and powers as the Board of Managers Directors shall from time to time delegate to each such officer. The Board of Managers Directors may require any officer, agent or employee to give security, by bond or otherwise, for the faithful performance of his or her duties.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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