Removal of Officers and Agents. Any officer or agent of the corporation may be removed by the board of directors with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Cephalon Inc), Agreement and Plan of Merger (Public Service Enterprise Group Inc), Agreement and Plan of Merger (Exelon Corp)
Removal of Officers and Agents. Any officer or agent of the corporation Company may be removed by the board of directors Managers with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an any officer or agent shall not of itself create contract rights.
Appears in 4 contracts
Samples: Limited Liability (Broadview Networks Holdings Inc), Limited Liability (Broadview Networks Holdings Inc), Limited Liability Company Operating Agreement (Broadview Networks Holdings Inc)
Removal of Officers and Agents. Any officer or agent of the corporation may be removed by the board of directors with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Marlin Business Services Corp), Agreement and Plan of Merger (Blue Ridge Real Estate Co)
Removal of Officers and Agents. Any officer Officer, Delegate, employee or agent of the corporation Company may be removed by the board of directors Member with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer Officer, Delegate, employee or agent shall not of itself create contract rights.
Appears in 1 contract
Removal of Officers and Agents. Any officer or agent of the corporation Company may be removed by the board of directors Members with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person Person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.
Appears in 1 contract
Samples: Operating Agreement (Pxre Corp)
