Duties of the Board. Subject to Section 5.3, all matters not expressly reserved to the Members shall be deemed delegated to the Board. The Board shall establish the policies, procedures, and guidelines for the management of the affairs of the Company, which together with decisions taken by the Board shall be implemented by Officers and the management team of the Company.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Par Pacific Holdings, Inc.), Equity Contribution Agreement (Par Pacific Holdings, Inc.)