Common use of Resignation of Officer Clause in Contracts

Resignation of Officer. An officer may resign at any time by delivering written notice to the Company. The resignation shall be effective upon receipt, unless the notice specifies a later effective date. If the resignation is effective at a later date and the Company accepts the future effective date, the Member may fill the pending vacancy before the effective date provided the Member provides that the successor officer does not take office until the future effective date.

Appears in 14 contracts

Samples: Limited Liability Company Agreement (Verity Administrators, Inc.), Operating Agreement (Verity Administrators, Inc.), Limited Liability Company Agreement (Verity Administrators, Inc.)

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Resignation of Officer. An officer may resign at any time by delivering written notice to the Company. The resignation shall be effective upon receipt, unless the notice specifies a later effective date. If the resignation is effective at a later date and the Company accepts the future effective date, the Member Board may fill the pending vacancy before the effective date provided the Member provides Board stipulate that the successor officer does not take office until the future effective date.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Net Element, Inc.)

Resignation of Officer. An officer may resign at any time by delivering written notice to the CompanyCorporation. The resignation shall be effective upon receipt, unless the notice specifies a later effective date. If the resignation is effective at a later date and the Company Corporation accepts the future effective date, the Member Board of Directors may fill the pending vacancy before the effective date provided the Member Board of Directors provides that the successor officer does not take office until the future effective date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (PBSJ Corp /Fl/)

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Resignation of Officer. An Any officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by Manager. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any officer may be removed as such, either with or without cause at any time by delivering written notice to the CompanyManager. The resignation Designation of an officer shall be effective upon receipt, unless the notice specifies a later effective date. If the resignation is effective at a later date and the Company accepts the future effective date, the Member may fill the pending vacancy before the effective date provided the Member provides that the successor officer does not take office until the future effective dateof itself create any contractual rights or employment rights.

Appears in 1 contract

Samples: Operating Agreement (Stratus Services Group Inc)

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