Common use of Term of Office Clause in Contracts

Term of Office. Each Executive Officer shall hold office until the annual meeting of the Board of Managers next succeeding such officer’s election and until such officer’s successor is elected and qualified, or until such officer’s election and until such officer’s successor is elected and qualified, or until such officer’s earlier death, resignation, retirement or removal. Each Other Officer shall hold office for a term to be decided by the appointing Chairman and Chief Executive Officer and President and Chief Operating Officer; provided, however, that no such term shall be for a period longer than the term of office of the appointing the Chairman and Chief Executive Officer or President and Chief Operating Officer.

Appears in 17 contracts

Samples: Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Operating Agreement (Wendy's of Denver, Inc.)

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Term of Office. Each Executive Officer shall hold office until the annual meeting of the Board of Managers next succeeding such officer’s election and until such officer’s successor is elected and qualified, or until such officer’s election and until such officer’s successor is elected and qualified, or until such officer’s earlier death, resignation, retirement or removal. Each Other Officer shall hold office for a term to be decided by the appointing Chairman and Chief Executive Officer and President and Chief Operating OfficerPresident; provided, however, that no such term shall be for a period longer than the term of office of the appointing the Chairman and Chief Executive Officer or President and Chief Operating OfficerPresident.

Appears in 5 contracts

Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.), Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)

Term of Office. Each Executive Officer shall hold office until the annual meeting of the Board of Managers next succeeding such officer’s 's election and until such officer’s 's successor is elected and qualified, or until such officer’s 's election and until such officer’s 's successor is elected and qualified, or until such officer’s 's earlier death, resignation, retirement or removal. Each Other Officer shall hold office for a term to be decided by the appointing Chairman and Chief Executive Officer and or President and Chief Operating Officer; provided, however, that no such term shall be for a period longer than the term of office of the appointing the Chairman and Chief Executive Officer or President and Chief Operating Officer.

Appears in 2 contracts

Samples: Operating Agreement (Arhc LLC), Operating Agreement (Arhc LLC)

Term of Office. Each Executive Officer shall hold office until the annual meeting of the Board of Managers next succeeding such officer’s election and until such officer’s successor is elected and qualified, or until such officer’s election and until such officer’s successor is elected and qualified, or until such officer’s earlier death, resignation, retirement or removal. Each Other Officer shall hold office for a term to be decided by the appointing Chairman President and Chief Executive Officer and President and Chief Operating Officer; provided, however, that no such term shall be for a period longer than the term of office of the appointing the Chairman President and Chief Executive Officer or President and Chief Operating Officer.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Wendy's of Denver, Inc.)

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Term of Office. Each Executive Officer shall hold office until the annual meeting of the Board of Managers next succeeding such officer’s election and until such officer’s 's successor is elected and qualifiedqualified by the Board, or until such officer’s election and until such officer’s successor is elected and qualified, or until such officer’s 's earlier death, resignation, retirement or removal. Each Other Officer shall hold office for a term to be decided by the appointing Chairman and Chief Executive Officer and Officer, President and or Chief Operating Officer; provided, however, that no such term shall be for a period longer than the term of office of the appointing the Chairman and Chief Executive Officer Officer, President or President and Chief Operating Officer.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Nfo Worldwide Inc)

Term of Office. Each Executive Officer shall hold office until the annual meeting of the Board of Managers next succeeding such officer’s 's election and until such officer’s 's successor is elected and qualified, or until such officer’s 's election and until such officer’s 's successor is elected and qualified, or until such officer’s 's earlier death, resignation, retirement or removal. Each Other Officer shall hold office for a term to be decided by the appointing Chairman President and Chief Executive Officer and President and Chief Operating Officer; provided, however, that no such term shall be for a period longer than the term of office of the appointing the Chairman President and Chief Executive Officer or President and Chief Operating Officer.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Wendy's Restaurants, LLC)

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