Common use of Powers of Director/Managers Clause in Contracts

Powers of Director/Managers. The Company shall be a manager-managed limited liability company. The business and affairs of the Company shall be managed by the Director/Managers, who need not be residents of the state of the Company or Members of the Company, as provided in Section 5.2 of this Agreement. The number of Director/Managers shall be not less than three nor more than nine, and each Manager shall be a U.S. Citizen. The exact number of director/managers shall be determined from time to time by resolution adopted by the Director/Managers. The Director/Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxxxx, and Xxxxx X. Xxxxxxx.

Powers of Director/Managers. The Company shall be a managermanger-managed limited liability company. The business and affairs of the Company shall be managed by the Director/Managers, who need not be residents of the state of the Company or Members of the Company, as provided in Section 5.2 of this Agreement. The number of Director/Managers shall be not less than three nor more than nine, nine and each Director/Manager shall be a U.S. Citizen. The exact number of director/managers shall be determined from time to time by resolution adopted by the Director/Managers. The Director/Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxxxx, and Xxxxx X. Xxxxxxx.

Powers of Director/Managers. The Company shall be a manager-managed limited liability company. The business and affairs of the Company shall be managed by the Director/Managers, who need not be residents of the state of the Company or Members of the Company, as provided in Section 5.2 of this Agreement. The number of Director/Managers shall be not less than three nor or more than nine, and each Manager shall be a U.S. Citizen. The exact number of director/managers shall be determined from time to time by resolution adopted by the Director/Managers. The Director/Managers shall be three in number and are Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxxxx, and Xxxxx X. Xxxxxxx.