Vice Presidents and Other Officers. The Chief Executive Officer may appoint or promote one or more Vice Presidents and such other officers and agents of the Company as the Chief Executive Officer shall deem necessary or appropriate to carry out the business of the Company upon such terms and conditions as the Chief Executive Officer may determine, subject to the approval of the Majority-In-Interest of the Members. Any such officer shall hold his or her respective office for the term specified by the Chief Executive Officer unless earlier removed by the Majority-In-Interest of the Members. Pursuant to guidelines and policies approved by the Board, subject to Section 7.4(f), such Vice Presidents and other officers and agents of the Company may execute agreements and contracts on behalf of the Company if such authority is approved by the Majority-In-Interest of the Members. All officers with signing authority for Exchange or Holdings may also execute agreements and contracts on behalf of the Company.
Appears in 4 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Vice Presidents and Other Officers. The Chief Executive Officer may appoint or promote one or more Vice Presidents and such other officers and agents of the Company as the Chief Executive Officer shall deem necessary or appropriate to carry out the business of the Company upon such terms and conditions as the Chief Executive Officer may determine, subject to the approval of the Majority-In-Interest of the Members. Any such officer shall hold his or her respective office for the term specified by the Chief Executive Officer unless earlier removed by the Majority-In-Interest of the Members. Pursuant to guidelines and policies approved by the Board, subject to Section 7.4(f), such Vice Presidents and other officers and agents of the Company may execute agreements and contracts on behalf of the Company if such authority is approved by the Majority-In-Interest of the Members. All officers with signing authority for Exchange or Holdings may also execute agreements and contracts on behalf of the Company.
Appears in 2 contracts
