Common use of Resignation and Removal of Officers Clause in Contracts

Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board may fill the pending vacancy before the effective date if the Board provides that the successor shall not take office until the effective date. The Board may remove any officer at any time with or without cause.

Appears in 134 contracts

Samples: Limited Liability Company Agreement (Longview Clinic Operations Company, LLC), Limited Liability Company Agreement (Scranton Quincy Hospital Company, LLC), Limited Liability Company Agreement (Hospital of Fulton, Inc.)

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Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the CompanyCorporation. A Such resignation shall be is effective when the such notice is delivered unless the such notice specifies a later effective date. If a An officer's resignation is made effective at a later date and does not affect the Company accepts Corporation's contract rights, if any, with the future effective date, officer. Any officer elected or appointed by the Board of Directors may fill the pending vacancy before the effective date if the Board provides that the successor shall not take office until the effective date. The Board may remove any officer be removed at any time with or without causeby the Board of Directors.

Appears in 1 contract

Samples: Securities Purchase Agreement (Warburg Pincus Ventures Lp)

Resignation and Removal of Officers. An officer Officer may resign at any time by delivering giving written notice to the CompanyBoard of Managers or the Chief Executive Officer. A resignation shall be is effective when the notice it is delivered received unless the notice it specifies a later effective date. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board Officers may fill the pending vacancy before the effective date if the Board provides that the successor shall not take office until the effective date. The Board may remove any officer be removed at any time time, with or without cause, by the Board of Managers. In the event any Officer resigns, is removed or is unable to serve as an Officer, the Board of Managers shall promptly designate a successor to such Officer.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Commscope Inc)

Resignation and Removal of Officers. An officer may resign at ----------------------------------- any time by delivering notice to the Company. A resignation shall be is effective when the notice is delivered delivered, unless the notice specifies a later effective date. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board Managers may fill the pending vacancy before the effective date if the Board provides that the successor shall does not take office until the effective date. The Board Managers may remove any officer at any time with or without causecause and any officer or assistant officer, if appointed by another officer, may likewise be removed by such officer.

Appears in 1 contract

Samples: Asset Contribution Agreement (Unified Financial Services Inc)

Resignation and Removal of Officers. An officer may resign at any time anytime by delivering notice to the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board Managers may fill the pending vacancy before the effective date if the Board provides Managers provide that the successor shall not take office until the effective date. The Board Managers may remove any officer at any time with or without cause.

Appears in 1 contract

Samples: Operating Agreement (THM Homes Inc)

Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the CompanyCorporation. A resignation shall be is effective when the notice is delivered unless the notice specifies a later effective date. If a resignation is made effective at a later date and the Company Corporation accepts the future effective date, the Board of Directors may fill the pending vacancy before the effective date if the Board of Directors provides that the successor shall does not take office until the effective date. The Board of Directors may remove any officer at any time with or without cause. Any officer or assistant officer, if appointed by the president, may likewise be removed by the president.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Quantum FinTech Acquisition Corp)

Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date. If if a resignation is made effective at a later date and the Company accepts the future effective date, the Board Membership Committee may fill the pending vacancy before the effective date if the Board Membership Committee provides that the successor shall not take office until the effective date. The Board Membership Committee may remove any officer at any time with or without cause.

Appears in 1 contract

Samples: Operating Agreement (Pacific Export Resources, LLC)

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Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board of Directors may fill the pending vacancy before the effective date if the Board of Directors provides that the successor shall not take office until the effective date. The Board of Directors may remove any officer at any time with or without cause.

Appears in 1 contract

Samples: Limited Liability Company Agreement (BHC Meadows Partner Inc)

Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board Membership Committee may fill the pending vacancy before the effective date if the Board Membership Committee provides that the successor shall not take office until the effective date. The Board Membership Committee may remove any officer at any time with or without cause.

Appears in 1 contract

Samples: Operating Agreement (Eacc Camps Inc)

Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date. Any such resignation shall not be required to be accepted by the Company to be effective. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board directors may fill the pending vacancy before the effective date if the Board provides directors provide that the successor shall not take office until the effective date. The Board Subject to the provisions of Section 8.1(q) hereof and any employment agreement applicable to such officer, the directors may remove any officer at any time with or without cause.

Appears in 1 contract

Samples: Operating Agreement (THM Homes Inc)

Resignation and Removal of Officers. An officer may resign at any time by delivering notice to the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date. If a resignation is made effective at a later date and the Company accepts the future effective date, the Board Managers may fill the pending vacancy before the effective date if the Board provides Managers provide that the successor shall not take office until the effective date. The Board Managers may remove any officer at any time with or without cause.

Appears in 1 contract

Samples: Operating Agreement (THM Homes Inc)

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