Common use of Removal, Resignation and Filling of Vacancy of Officers Clause in Contracts

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers at any time. Any officer may resign at any time by giving written notice to the Managers. Any resignation shall take effect on 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.), Limited Liability Company Agreement (Vivakor, Inc.)

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Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers at any time. Any officer may resign at any time by giving written notice to the Managers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Versity Invest, LLC), Operating Agreement (ARAMARK FHC Kansas, Inc.), Limited Liability Company Agreement (Cadiz Inc)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Managing Board at any time. Any officer may resign at any time by giving written notice to the ManagersManaging Board. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office position because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 3 contracts

Samples: Liability Company Agreement (Pepco Holdings Inc), Liability Company Agreement (Pepco Holdings Inc), Limited Liability Company Agreement (Atlantic City Electric Transition Funding LLC)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Board of Directors at any time. Any officer may resign at any time by giving written notice to the ManagersCompany. Any resignation shall take effect on 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall may be filled in only by the manner prescribed in this Agreement for regular appointments to that officeBoard of Directors.

Appears in 2 contracts

Samples: Stockholders' Agreement (Vertical Computer Systems Inc), Stockholders' Agreement (Vertical Computer Systems Inc)

Removal, Resignation and Filling of Vacancy of Officers. Subject to Unless otherwise set forth in the rightsemployment agreement of the applicable Officer, if anythe Manager may remove any Officer, of an officer under a contract of employmentfor any reason or for no reason, any officer may be removed, either with or without cause, by the Managers at any time. Any officer Officer may resign at any time by giving written notice to the Managers. Any Company, and such resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice andnotice; provided, that, unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation is shall be without prejudice to the rights, if any, of the Company or such Officer under any contract to which the officer is a partythis Agreement. A vacancy in any office because of death, resignation, removal, disqualification removal or any other cause otherwise shall be filled in by the manner prescribed in this Agreement for regular appointments to that officeManager.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Vacasa, Inc.), Limited Liability Company Agreement (Milan Laser Inc.)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Board at any time. Any officer may resign at any time by giving written notice to the ManagersBoard. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 2 contracts

Samples: Transaction Agreement (Apollo Global Management LLC), Limited Liability Company Agreement (Interactive Health, Inc.)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers at any time. Any officer may resign at any time by giving written notice to the Managers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification disqualification, or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (NEMA Beverage Parent CORP), Limited Liability Company Agreement (NEMA Beverage Parent CORP)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers at any timeMembers. Any officer may resign at any time by giving written notice to the ManagersMembers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.), Limited Liability Company Agreement (Cottonwood Multifamily Reit I, Inc.)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Directors at any time. Any officer may resign at any time by giving written notice to the Managers. Any Company, and the resignation shall take effect on the date of the receipt of that such notice by the Directors or at any a later time specified in that notice and, unless such notice. 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall may be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: License Agreement (Simpson Manufacturing Co Inc /Ca/)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Management Committee at any time. Any officer may resign at any time by giving written notice to the ManagersManagement Committee. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Operating Agreement (United Leisure Corp)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers at any time. Any officer may resign at any time by giving written notice to the Managers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Central Credit, LLC)

Removal, Resignation and Filling of Vacancy of Officers. Subject ------------------------------------------------------- to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Members at any time. Any officer may resign at any time by giving written notice to the ManagersMembers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Operating Agreement (CPC of America Inc)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Manager at any time. Any officer may resign at any time by giving written notice to the ManagersManager. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Operating Agreement (Global Resource CORP)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rightsterms of any applicable employment agreement to which the Company or its Subsidiary is a party, if anythe Board may remove any Officer, of an officer under a contract of employmentfor any reason or for no reason, any officer may be removed, either with or without cause, by the Managers at any time. Any officer Officer may resign at any time by giving written notice to the Managers. Any Company, and such resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice andnotice; provided that, unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any such resignation is shall be without prejudice to the rights, if any, of the Company or such Officer under any contract to which the officer is a partythis Agreement. A vacancy in any office because of death, resignation, removal, disqualification removal or any other cause otherwise shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atlantic Broadband Management, LLC)

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Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any Any officer may be removed, either with or without cause, by the Managers at any timeBoard of Directors or the Manager. Any officer may resign at any time by giving written notice to the ManagersBoard of Directors and the Manager. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice notice; and, unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any resignation or removal is without prejudice to the rights, if any, of the Company parties under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in filled, if at all, by the manner prescribed in this Agreement for regular appointments to that officeBoard of Directors or the Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Lions Gate Entertainment Corp /Cn/)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Board of Managers at any time. Any officer may resign at any time by giving written notice to the Board of Managers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Operating Agreement

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Executive Committee at any timetime with a unanimous Vote. Any officer may resign at any time by giving written notice Notice to the ManagersLLC. Any resignation shall take effect on at the date of the receipt of that notice Notice or at any later time specified in that notice Notice and, unless otherwise specified in that noticeNotice, 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 Company LLC under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall may be filled in only by the manner prescribed in this Agreement for regular appointments to that officeExecutive Committee.

Appears in 1 contract

Samples: Operating Agreement

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Member at any time. Any officer may resign at any time by giving written notice to the ManagersMember. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Company Agreement (Behringer Harvard Mid Term Value Enhancement Fund I Lp)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any Any ------------------------------------------------------- officer may be removed, either with or without cause, by the Managers Management Committee at any time, and in accordance with Section 1.60(o) if applicable. Any officer may resign at any time by giving written notice to the ManagersManagement Committee. Any resignation shall take effect on at the date of the receipt of that such notice or at any later time specified in that notice such notice; and, 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 Company Company, including, without limitation, under any contract or other arrangement to which the such officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Operating Agreement (Liberty Digital Inc)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Executive Committee at any time. Any officer may resign at any time by giving written notice to the ManagersLLC. Any resignation shall take effect on 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 Company LLC under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall may be filled in only by the manner prescribed in this Agreement for regular appointments to that officeExecutive Committee.

Appears in 1 contract

Samples: Operating Agreement (Vertical Computer Systems Inc)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers Manager at any time. Any officer may resign at any time by giving written notice to the ManagersManager. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Operating Agreement (Grill Concepts Inc)

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers at any time. Any officer may resign at any time by giving written notice to the Managers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A The Managers shall have the right but not the obligation to fill any vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.

Appears in 1 contract

Samples: Security Agreement

Removal, Resignation and Filling of Vacancy of Officers. Subject to the rights, if any, of an officer under a contract of employment, any officer may be removed, either with or without cause, by the Managers at any timeMembers. Any officer may resign at any time by giving written notice to the ManagersMembers. Any resignation shall take effect on at the date of the receipt of that notice or at any later time specified in that notice 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 Company under any contract to which the officer is a party. A vacancy in any office because of death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Agreement for regular appointments to that office.. 7.9.3

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cottonwood Multifamily Reit Ii, Inc.)

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