Delegation; Generally. The Board may, from time to time, delegate to one or more Persons (including any Manager or Officer) such authority and duties as the Board may deem advisable. The Board also may assign titles (including chairman, chief executive officer, president, vice president, secretary, assistant secretary, treasurer and assistant treasurer) to any Manager, Member or other individual and may delegate to such Manager, Member or other individual certain authority and duties. Any number of titles may be held by the same Manager, Member or other individual. Any delegation pursuant to this Section 5.4(c) may be revoked at any time by the Board.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Triad Financial Sm LLC)
Delegation; Generally. The Board may, from time to time, delegate to one or more Persons (including any Manager or Officer) such authority and duties as the Board may deem advisableadvisable in addition to those powers and duties set forth in Section 5.1 hereof. The Board also may assign titles (including chairman, chief executive officer, president, vice president, chief financial officer and secretary, assistant secretary, treasurer and assistant treasurer) to any Manager, Member Officer or other individual and may delegate to such Manager, Member Officer or other individual certain authority and duties. Any number of titles may be held by the same Manager, Member Officer or other individual. Any delegation pursuant to this Section 5.4(c5.10(c) may be revoked at any time by the Board.
Appears in 1 contract
Sources: Limited Liability Company Agreement (Deep Down, Inc.)