Common use of Number of Managers; Initial Managers Clause in Contracts

Number of Managers; Initial Managers. The number of Managers shall be determined from time to time by the Member. The initial number of Managers shall be one. The initial Manager to hold office from and after the date of this Agreement until his resignation or removal pursuant to this Agreement and until his successor is appointed and qualified pursuant to this Agreement, is as follows: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇