Common use of Removal and Resignation of Officers Clause in Contracts

Removal and Resignation of Officers. (a) 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 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.

Appears in 2 contracts

Samples: Merger Agreement (Fifth Wall Acquisition Corp. I), Agreement and Plan of Merger (SVF Investment Corp. 3)

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Removal and Resignation of Officers. (a) Subject to the rights, if any, of an officer Officer under any contract of employment, any officer Officer may be removed, either with or without cause, by the Board orSole Member or by such Officer, except in the case of an officer chosen by the Boardif any, by any officer upon whom such power of removal may be conferred by the Board.Sole Member. Any Officer may resign at any time by giving written notice to the Sole

Appears in 1 contract

Samples: Limited Liability Company Agreement (GoPetro Transport LLC)

Removal and Resignation of Officers. (ai) Subject to the rights, if any, of an officer Officer under any contract of employment, any officer Officer may be removed, either with or without cause, by the Board orManagers, except in the case of at any regular or special meeting thereof, or by an officer chosen by the Board, by any officer Officer upon whom such power of removal may be conferred by the BoardMangers.

Appears in 1 contract

Samples: Operating Agreement (Guardian Technologies International Inc)

Removal and Resignation of Officers. (a) 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 an affirmative vote of the majority of the Board of Directors at any regular or special meeting of the Board of Directors or, except in the case of an officer chosen by the BoardBoard of Directors, by any officer upon whom such power of removal may be conferred by the BoardBoard of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Asv Holdings, Inc.)

Removal and Resignation of Officers. (a) 4.1 Subject to the rights, if any, any of an officer under any contract or agreement of employment, any officer may be removed, either with or without cause, by a majority of the directors at that time in office, at any regular or special meeting of the Board of Directors, or, except in the case of an officer chosen by the BoardBoard of Directors, by any officer upon whom such power of removal may be conferred by the BoardBoard of Directors.

Appears in 1 contract

Samples: Separation and Distribution Agreement (Inpixon)

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Removal and Resignation of Officers. (a) 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 board of directors, at any regular or special meeting of the board, or, except in the case of an officer chosen by the Boardboard of directors, by any officer upon whom such power of removal may be conferred by the Boardboard of directors.

Appears in 1 contract

Samples: Credit Agreement (Inamed Corp)

Removal and Resignation of Officers. (a) 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 an affirmative vote of a majority of the Board of Directors at any regular or special meeting of the Board of Directors or, except in the case of an officer chosen by the BoardBoard of Directors, by any officer upon whom such the power of removal may be is conferred by the BoardBoard of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (ATN International, Inc.)

Removal and Resignation of Officers. (a) 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 an affirmative vote of the majority of the Board of Directors at any regular or special meeting of the board or, except in the case of an officer chosen by the BoardBoard of Directors, by any officer upon whom such power of removal may be conferred by the BoardBoard of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Genworth Financial Inc)

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