Common use of Directors need not be Shareholders Clause in Contracts

Directors need not be Shareholders. The Board of Directors may, from time to time and by the adoption of resolutions, establish qualifications for Directors.

Appears in 13 contracts

Sources: Limited Liability Company Agreement (Travelcenters of America LLC), Limited Liability Company Agreement (Travelcenters of America LLC), Limited Liability Company Agreement (Travelcenters of America LLC)