Common use of Removal Resignation Clause in Contracts

Removal Resignation. Any officer or agent elected or appointed by the Board of Directors may be removed by it with or without cause. Any officer may resign at any time upon written notice to the corporation. Any such removal or resignation shall be subject to the rights, if any, of the respective parties under any contract between the corporation and such officer or agent.

Appears in 6 contracts

Samples: Form of Distribution Agreement (LTC Healthcare Inc), Form of Distribution Agreement (LTC Healthcare Inc), Distribution Agreement (LTC Healthcare Inc)

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Removal Resignation. Any officer or agent elected or appointed by the Board of Directors may be removed by it the Board of Directors with or without cause. Any officer may resign at any time upon written notice to the corporationCorporation. Any such removal or resignation shall be subject to the rights, if any, of the respective parties under any contract between the corporation Corporation and such officer or agent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (American Wagering Inc), Agreement and Plan of Merger (CSRA Inc.)

Removal Resignation. Any officer or agent elected or appointed by the Board of Directors may be removed by it with or without cause. Any officer may resign at any time upon written notice to the corporationCorporation. Any such removal or resignation shall be subject to the rights, if any, of the respective parties under any contract between the corporation Corporation and such officer or agent.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Texoil Inc /Nv/)

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Removal Resignation. Any officer or agent elected or appointed of the Corporation may be removed by the Board of Directors may whenever, in its judgment, the best interests of the Corporation will be removed by it with or served thereby, but such removal shall be without cause. Any officer may resign at any time upon written notice prejudice to the corporation. Any such removal or resignation shall be subject to the contract rights, if any, of the respective parties under person so removed. An officer may resign at any contract between time by giving written notice to the corporation Board of Directors, the President or the Secretary of the Corporation. Unless otherwise specified in the notice, the resignation shall take effect upon the receipt thereof by the Board of Directors or such officer, and the acceptance of such officer or agentresignation shall not be necessary to make it effective.

Appears in 1 contract

Samples: Silverleaf Resorts Inc

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