Election to Continue. In the event of the Retirement of any Manager, the remaining Managers, if any, and any successor Manager, and those Members representing not less than 51% in interest of all Members, may elect to continue the business of the Company employing its assets and name, all as contemplated by the Act. Within ten (10) days after the occurrence of such Retirement, the remaining Managers, if any, shall notify the Members thereof.
Appears in 4 contracts
Sources: Limited Liability Company Operating Agreement (Aptitude Solutions, Inc.), Limited Liability Company Operating Agreement (Aptitude Solutions, Inc.), Limited Liability Company Operating Agreement (Aptitude Solutions, Inc.)