Authority of Board of Managers. The management of the Company shall be vested in a Board consisting of one or more manager. The Board will initially have four managers. A manager of the Board need not be a Member. Except as reserved to the Members pursuant to the LLC Act or this Agreement, all decisions concerning the operation of the Company shall be made by the Board.
Appears in 1 contract
Sources: Operating Agreement (Dover Downs Gaming & Entertainment Inc)
Authority of Board of Managers. The management of the Company shall be vested in a Board consisting of one three or more manager. The Board will initially have four managersmembers. A manager member of the Board need not be a Member. Except as reserved to the Members pursuant to the LLC Act or this Agreement, all decisions concerning the operation of the Company shall be made by the Board.
Appears in 1 contract
Sources: Regulatory Agreement (Twin River Worldwide Holdings, Inc.)