The General Manager. The Members intend that the Management Committee delegate the management of the day-to-day business, affairs, operations and activities of the Company to a general manager (the "General Manager"). Subject to the supervisory powers of the Management Committee, the General Manager shall have general and active management of the business of the Company and shall see that all orders and resolutions of the Management Committee are carried into effect. The General Manager shall have the power to execute any agreements and instruments on behalf of the Company, except where the execution thereof shall be expressly reserved by the Management Committee or delegated by the Management Committee to some other officer or agent of the Company. The General Manager shall have such other powers and duties as may be prescribed by the Management Committee or this Agreement.
Appears in 2 contracts
Samples: Operating Agreement (Playboy Enterprises Inc), Operating Agreement (Playboy Enterprises Inc)
The General Manager. The Members intend that the Management Committee delegate the management of the day-to-day business, affairs, operations and activities of the Company to a general manager (the "General ManagerGENERAL MANAGER"). Subject to the supervisory powers of the Management Committee, the General Manager shall have general and active management of the business of the Company and shall see that all orders and resolutions of the Management Committee are carried into effect. The General Manager shall have the power to execute any agreements and instruments on behalf of the Company, except where the execution thereof shall be expressly reserved by the Management Committee or delegated by the Management Committee to some other officer or agent of the Company. The General Manager shall have such other powers and duties as may be prescribed by the Management Committee or this Agreement.
Appears in 1 contract
Samples: Operating Agreement (Claxson Interactive Group Inc)
The General Manager. The Members intend that the Management Committee delegate the management of the day-to-day business, affairs, operations and activities of the Company to a general manager (the "βGeneral Manager"β). Subject to the supervisory powers of the Management Committee, the General Manager shall have general and active management of the business of the Company and shall see that all orders and resolutions of the Management Committee are carried into effect. The General Manager shall have the power to execute any agreements and instruments on behalf of the Company, except where the execution thereof shall be expressly reserved by the Management Committee or delegated by the Management Committee to some other officer or agent of the Company. The General Manager shall have such other powers and duties as may be prescribed by the Management Committee or this Agreement.
Appears in 1 contract
Samples: Operating Agreement (Claxson Interactive Group Inc)