Time Devoted to Company. The Managers shall devote such time to Company business as they deem necessary to manage and supervise the business and affairs of the Company in an efficient manner; but nothing in this Agreement shall preclude the employment of any agent, third party or Affiliate to manage or provide other services with respect to the Company’s assets or business as the Managers shall determine.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (MDC Partners Inc), Limited Liability Company Agreement (MDC Partners Inc), Limited Liability Company Agreement (MDC Partners Inc)
Time Devoted to Company. The Managers Each Manager shall devote such time to Company business as they deem he deems necessary to manage and supervise the Company business and affairs of the Company in an efficient manner; but nothing in this Agreement shall preclude the employment of any agent, third party or Affiliate affiliate to manage or provide other services with respect to the Company’s assets or business as the Managers shall determine. Further, it is specifically understood and agreed that the Managers shall not be required to devote full time to Company business.
Appears in 4 contracts
Samples: Operating Agreement (Pacific Custom Materials Inc), Operating Agreement (Pacific Custom Materials Inc), Operating Agreement (American Materials Transport, Inc.)
Time Devoted to Company. The Managers Manager shall devote such time to Company business as they deem the Manager deems necessary to manage and supervise the Company business and affairs of the Company in an efficient manner; but nothing in this Agreement shall preclude the employment of any agent, third party or Affiliate affiliate to manage or provide other services with respect to the Company’s 's assets or business as the Managers Members shall determine.
Appears in 2 contracts
Samples: Operating Agreement (Worldwide Web Networx Corp), Operating Agreement (Worldwide Web Networx Corp)
Time Devoted to Company. The Managers shall devote such time to Company business as they deem necessary to manage and supervise the Company business and affairs of the Company in an efficient manner; but nothing in this Agreement shall preclude the employment of any agent, third party or Affiliate affiliate to manage or provide other services with respect to the Company’s assets or business as a Majority of the Managers shall determine. Further, it is specifically understood and agreed that the Managers shall not be required to devote full time to Company business.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Clayton Williams Energy Inc /De), Limited Liability Company Agreement (NBL Texas, LLC)
Time Devoted to Company. The Managers Each Manager shall devote such time to Company business as they deem he deems necessary to manage manage, supervise and supervise the conduct Company business and affairs of the Company in an efficient manner; but nothing in this Agreement shall preclude preclude, subject to any approval requirements set forth in this Agreement, the employment of any officer, employee, agent, third party party, or Affiliate affiliate to manage or provide other services with respect to the Company’s 's assets or business as the Managers shall determine.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Great Plains Energy Inc)
Time Devoted to Company. The Managers shall devote such time to Company business as they deem necessary to manage and supervise the Company business and affairs of the Company in an efficient manner; but nothing in this Agreement shall preclude the employment of any agent, third party or Affiliate affiliate to manage or provide other services with respect to the Company’s 's assets or business as the Managers Members shall determine.
Appears in 1 contract
Samples: Operating Agreement (Global Realty Development Corp)
