Common use of Removal and Vacancies Clause in Contracts

Removal and Vacancies. Any officer elected or appointed by the Board may be removed, with or without cause, at any time by a resolution of the Board; provided that the removal is subject to the termination procedures of any written employment agreement with the Company. A vacancy in an office of the Board or the CEO shall be filled by a resolution of the Board. The CEO may remove any officer appointed by the CEO. An officer may resign at any time by giving written notice to the Company. The resignation is effective without acceptance when the notice is given to the Company, unless a later effective date is specified in the notice.

Appears in 8 contracts

Samples: Limited Liability Company Agreement (Ozark Ethanol LLC), Limited Liability Company Agreement (Illini Bio-Energy, LLC), Limited Liability Company Agreement (U. S. Premium Beef, LLC)

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Removal and Vacancies. Any officer elected or appointed by the Board may be removed, with or without cause, at any time by a resolution of the Board; provided that the removal is subject to the termination procedures of any written employment agreement with the Company. A Any vacancy in an office of the Board or the CEO Company shall be filled by a resolution of the Board. The CEO may remove any officer appointed by the CEO. An officer may resign at any time by giving written notice to the Company. The resignation is effective without acceptance when the notice is given to the Company, unless a later effective date is specified in the notice.

Appears in 5 contracts

Samples: Member Control Agreement (Heron Lake BioEnergy, LLC), Member Control Agreement, Operating Agreement (US BioEnergy CORP)

Removal and Vacancies. Any officer elected or appointed by the Board may be removed, with or without cause, at any time by a resolution of the Board; provided that the removal is subject to the termination procedures of any written employment agreement with the Company. A Any vacancy in an office of the Board or the CEO shall be filled by a resolution of the Board. The CEO may remove any officer appointed by the CEO. An officer may resign at any time by giving written notice to the Company. The resignation is effective without acceptance when the notice is given to the Company, unless a later effective date is specified in the notice.

Appears in 2 contracts

Samples: Operating Agreement (Gevo, Inc.), Operating Agreement

Removal and Vacancies. Any officer elected or appointed by the Board may be removed, with or without cause, at any time by a resolution of the Board; provided that the removal is subject to the termination procedures of any written employment agreement with the Company. A Any vacancy in an office of the Board or the CEO Company shall be filled by a resolution of the Board. The CEO may remove any officer appointed by the CEO. An officer Officer may resign at any time by giving written notice to the Company. The resignation is effective without acceptance when the notice is given to the Company, unless a later effective date is specified in the notice.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Tennessee Valley Agri-Energy, LLC)

Removal and Vacancies. Any officer elected or appointed by the Board may be removed, with or without cause, at any time by a resolution of the Board; provided that the removal is subject to the termination procedures of any written employment agreement with the Company. The Company Manager may only be terminated as provided in 4.6(c) and as provided under the Management and Consulting Agreement between the Company and FREMAR. A vacancy in an office of the Board or the position of Company Manager shall be filled by the Board. A vacancy in the office of the CEO shall be filled by a resolution of the BoardCompany Manager. The CEO may remove any officer appointed by the CEO. An officer may resign at any time by giving written notice to the Company. The resignation is effective without acceptance when the notice is given to the Company, unless a later effective date is specified in the notice.

Appears in 1 contract

Samples: Operating Agreement (Millennium Ethanol, LLC)

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Removal and Vacancies. Any officer elected or appointed by the Board may be removed, with or without cause, at any time by a resolution of the Board; provided that the removal is subject to the termination procedures of any written employment agreement with the Company. A Any vacancy in an office of the Board or the CEO Company shall be filled by a resolution of the Board. The CEO may remove any officer appointed by the CEO. An officer Officer may resign at any time by giving written notice to the Company. The resignation is effective without acceptance when the notice is given to the Company, unless a later effective date is specified in the notice.. 4850-8819-3010\6 LP BIOSCIENCES LLC amended and restated operating agreement

Appears in 1 contract

Samples: Operating Agreement (Comstock Mining Inc.)

Removal and Vacancies. Any officer elected or appointed by the Board may be removed, with or without cause, at any time by a resolution of the Board; provided that the removal is subject to the termination procedures of any written employment agreement with the Company. A vacancy in an office of the Board or C-16 the CEO shall be filled by a resolution of the Board. The CEO may remove any officer appointed by the CEO. An officer may resign at any time by giving written notice to the Company. The resignation is effective without acceptance when the notice is given to the Company, unless a later effective date is specified in the notice.

Appears in 1 contract

Samples: Operating Agreement (Bootheel Agri-Energy LLC)

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