Term of Office and Vacancies. Each Manager shall hold office until his or her successor has been duly elected and qualified, or until his or her death, resignation, or removal. Any vacancies on the Board of Managers may be filled only by a majority of the Board of Managers then in office.
Appears in 4 contracts
Samples: Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC), Operating Agreement (JCM Partners LLC)