Common use of Removal and Resignation of Officers Clause in Contracts

Removal and Resignation of Officers. Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board of Trustees at any regular or special meeting of the Board of Trustees or except in the case of an officer upon whom such power of removal may be conferred by the Board of Trustees. Any officer may resign at any time by giving written notice to the Trust. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Trust under any contract to which the officer is a party.

Appears in 5 contracts

Samples: Two Roads Shared Trust, Two Roads Shared Trust, California Investment Trust Ii

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Removal and Resignation of Officers. Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board of Trustees at Directors or, for the avoidance of doubt, any regular duly authorized committee or special meeting of the Board of Trustees subcommittee thereof or except in the case of an by any officer upon whom who has been conferred such power of removal may be conferred by the Board of Trusteesremoval. Any officer may resign at any time by giving written notice notice, in writing or by electronic transmission, to the TrustCorporation. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and unless . Unless otherwise specified in that noticethe notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Trust Corporation under any contract to which the officer is a party.

Appears in 4 contracts

Samples: Business Combination Agreement (Ogilvie Bruce a Jr), Business Combination Agreement (Adara Acquisition Corp.), Business Combination Agreement (L&F Acquisition Corp.)

Removal and Resignation of Officers. Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board of Trustees at any regular or special meeting of the Board of Trustees Board, or except in the case of by an officer upon whom such power of removal may be conferred by the Board of TrusteesBoard. Any officer may resign at any time by giving written notice to the TrustBoard, the president, the secretary or any assistant secretary. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that such notice; and unless . Unless otherwise specified in that such notice, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Trust under any contract to which the officer is a party.

Appears in 1 contract

Samples: Ivy High Income Opportunities Fund

Removal and Resignation of Officers. Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board of Managing Trustees at any regular or special meeting of the Board of Managing Trustees or except in by the case of an principal executive officer or by such other officer upon whom such power of removal may be conferred by the Board of Managing Trustees. Any officer may resign at any time by giving written notice to the Trust. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Trust under any contract to which the officer is a party.

Appears in 1 contract

Samples: Manitowoc FSG Operations, LLC

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Removal and Resignation of Officers. Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board of Trustees at any regular or special meeting of the Board of Trustees or or, except in the case of an officer chosen by the Board, by any officer upon whom such power of removal may be conferred by the Board of TrusteesBoard. Any officer may resign at any time by giving written notice to the TrustCorporation. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and unless . Unless otherwise specified in that noticethe notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Trust Corporation under any contract to which the officer is a party.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Park Place Energy Corp.)

Removal and Resignation of Officers. Subject to the rights, if any, of an officer under any contract of employment, any officer may be removed, either with or without cause, by the Board of Trustees at any regular or special meeting of the Board of Trustees or except in by the case of an principal executive officer or by such other officer upon whom such power of removal may be conferred by the Board of Trustees. Any officer may resign at any time by giving written notice to the Trust. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Trust under any contract to which the officer is a party.

Appears in 1 contract

Samples: Montgomery Funds Iii

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