Common use of Appointment and Removal Clause in Contracts

Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the Manager. Any officer may be removed, with or without cause, at any time by the Manager.

Appears in 5 contracts

Samples: Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Brookwood Fenton Investments LLC), Operating Agreement (Real Street Build-to-Rent Fund I, LLC)

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Appointment and Removal. The officers shall be appointed by the ManagerBoard of Managers. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the Manager. Any officer Board of Managers and may be removed, with or without cause, at any time by the ManagerBoard of Managers.

Appears in 1 contract

Samples: Operating Agreement (American Rock Salt Co LLC)

Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the ManagerManager until his or her successor is elected, except as otherwise provided by the Act. Any officer may be removed, with or without cause, at any time by the Manager.

Appears in 1 contract

Samples: Operating Agreement (Xiv-I Invest 1, LLC)

Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the ManagerManager until his or her successor is elected, except as otherwise provided by the Act or this Agreement. Any officer may be removed, with or without cause, at any time by the Manageraffirmative vote of the majority of Managers then in office.

Appears in 1 contract

Samples: TSC Uits

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Appointment and Removal. The officers shall be appointed by the Manager. Each officer, including an officer elected to fill a vacancy, shall hold office at the pleasure of the ManagerManager until his or her successor is elected, except as otherwise provided by the Act. Any officer may be removed, with or without cause, at any time cause by the Manager.

Appears in 1 contract

Samples: Operating Agreement (Benchmark Real Estate Investment Fund, LLC)

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