Common use of Appointment of Managing Member Clause in Contracts

Appointment of Managing Member. By their execution of this Agreement, the Members holding Voting Shares appoint ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ as Managing Member.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Interactive Brokers Group, Inc.), Limited Liability Company Agreement (IBG Holdings LLC), Limited Liability Company Agreement (Interactive Brokers Group, Inc.)