Common use of Removal and Vacancies Clause in Contracts

Removal and Vacancies. The officers of the Company shall hold office until their successors are chosen and qualify. Any officer elected or appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the Board of Directors with or without cause, when in the judgment of the Board of Directors the best interest of the Company demands such removal. Any vacancy occurring in any office of the Company shall be filled by the Board of Directors.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Triad of Oregon, LLC), Limited Liability Company Agreement (Longview Clinic Operations Company, LLC), Limited Liability Company Agreement (Community Health Investment CORP)

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Removal and Vacancies. The officers Each officer of the Company shall hold office until their successors are his or her successor is chosen and qualifyqualified in his or her stead or until his or her death or until his or her resignation or removal from office. Any officer elected or appointed by the Board of Directors Managers may be removed at any time either for or without cause by the affirmative vote of a majority of the Board of Directors with or Managers, but such removal shall be without causeprejudice to the contract rights, when in the judgment if any, of the Board of Directors individual so removed. If the best interest of the Company demands such removal. Any vacancy occurring in any office of any officer becomes vacant for any reason, the Company shall vacancy may be filled by the Board of DirectorsManagers.

Appears in 5 contracts

Samples: Operating Agreement (Viking Energy Group, Inc.), Company Agreement (Northstar Healthcare Inc), Operating Agreement (Viking Energy Group, Inc.)

Removal and Vacancies. The officers of the Company Corporation shall hold office until their successors are chosen and qualify. Any officer elected or appointed by the Board of Directors may be removed at any time time, with or without cause, by the affirmative vote of a majority of the Board of Directors with or without cause, when in the judgment of the Board of Directors the best interest of the Company demands such removalDirectors. Any vacancy occurring in any office of the Company Corporation shall be filled by the Board of Directors.

Appears in 1 contract

Samples: Hain Food Group Inc

Removal and Vacancies. The officers Each officer of the Company shall hold office until their successors are his or her successor is chosen and qualifyqualified in his or her stead or until his or her death or until his or her resignation or removal from office. Any officer elected or appointed by the Board of Directors Managers may be removed at any time either for or without cause by the affirmative vote of a majority of the Board of Directors with or Managers, but such removal shall be without causeprejudice to the contract rights, when in the judgment if any, of the Board of Directors individual so removed. If the best interest of the Company demands such removal. Any vacancy occurring in any office of any officer becomes vacant for any reason, the Company shall vacancy may be filled by the Board of DirectorsManagers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Capital Park Holdings Corp.)

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Removal and Vacancies. The officers of the Company corporation shall hold office until their successors are chosen and qualify. Any officer elected or appointed by the Board board of Directors directors may be removed at any time by the affirmative vote of a majority of the Board board of Directors with or without cause, when in the judgment of the Board of Directors the best interest of the Company demands such removaldirectors. Any vacancy occurring in any office of the Company corporation by death, resignation, removal or otherwise shall be filled by the Board board of Directorsdirectors.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Intraop Medical Corp)

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