Common use of Resignation of Officers Clause in Contracts

Resignation of Officers. 7- 5.4. Removal of Officers.........................................................................-7- 5.5 President...................................................................................-7- 5.6 Vice Presidents.............................................................................-7- 5.7 Secretary...................................................................................-7- ARTICLE 6 --------- CAPITAL STRUCTURE AND CONTRIBUTIONS....................................-7- 6.1 Capital Structure...........................................................................-7- 6.2 Capital Contributions.......................................................................-7- 6.3. Capital Accounts............................................................................-8- ARTICLE 7 --------- PROFITS, LOSSES, AND DISTRIBUTIONS.....................................-8- 7.1 Profits and Losses..........................................................................-8- 7.2. Distributions...............................................................................-8- 7.3. Withholding Taxes...........................................................................-8- ARTICLE 8 --------- ACCOUNTS AND TAX MATTERS..........................................-8- 8.1 Books.......................................................................................-8- 8.2. Company Tax Returns.........................................................................-9- 8.3 Tax Treatment...............................................................................-9-

Resignation of Officers. 7- 5.4. Removal of Officers.........................................................................-7- 5.5 President...................................................................................-7- 5.6 Vice Presidents.............................................................................-7- 5.7 Secretary...................................................................................-7- ARTICLE 6 --------- CAPITAL STRUCTURE AND CONTRIBUTIONS....................................-7- 6.1 Capital Structure...........................................................................-7- 6.2 Capital Contributions.......................................................................-7- 6.3. Capital Accounts............................................................................-8- ARTICLE 7 --------- PROFITS, LOSSES, AND DISTRIBUTIONS.....................................-8- 7.1 Profits and Losses..........................................................................-8- 7.2. Distributions...............................................................................-8- 7.3. Withholding Taxes...........................................................................-8- ARTICLE 8 --------- ACCOUNTS AND TAX MATTERS..........................................-8- 8.1 Books.......................................................................................-8- -9- 8.2. Company Tax Returns.........................................................................-9- 8.3 Tax Treatment...............................................................................-9--9- ARTICLE 9 ---------

Resignation of Officers. 7- 5.4. Removal of Officers...................................................................................................................................... -7- 5.5 President.......................................................................................................................................................... -7- 5.6 Vice Presidents.............................................................................................................................................. -7- 5.7 Secretary.......................................................................................................................................................... -7- ARTICLE 6 --------- CAPITAL STRUCTURE AND CONTRIBUTIONS....................................................... -7- 6.1 Capital Structure.......................................................................................................................................... -7- 6.2 Capital Contributions.................................................................................................................................. -7- 6.3. Capital Accounts............................................................................................................................................ -8- ARTICLE 7 --------- PROFITS, LOSSES, AND DISTRIBUTIONS........................................................... -8- 7.1 Profits and Losses........................................................................................................................................ -8- 7.2. Distributions.................................................................................................................................................. -8- 7.3. Withholding Taxes.......................................................................................................................................... -8- ARTICLE 8 --------- ACCOUNTS AND TAX MATTERS................................................................... -8- 8.1 Books.......................................................................................-8- ........................................................................... -9- 8.2. Company Tax Returns...................................................................................................................................... -9- 8.3 Tax Treatment.................................................................................................................................................. -9- ARTICLE 9 --------- DISSOLUTION............................... -9-

Resignation of Officers. 7- 6- 5.4. Removal of Officers.........................................................................-7- ..................................................................... -6- 5.5 President.................................................................................................................................................................. -7- 5.6 Vice Presidents...................................................................................................................................................... -7- 5.7 Secretary.................................................................................................................................................................. -7- ARTICLE 6 --------- CAPITAL STRUCTURE AND CONTRIBUTIONS.................................................................... -7- 6.1 Capital Structure.................................................................................................................................................. -7- 6.2 Capital Contributions.......................................................................................................................................... -7- 6.3. Capital Accounts............................................................................-8- ........................................................................ -7- ARTICLE 7 --------- PROFITS, LOSSES, AND DISTRIBUTIONS...................................................................... -8- 7.1 Profits and Losses................................................................................................................................................ -8- 7.2. Distributions.......................................................................................................................................................... -8- 7.3. Withholding Taxes.................................................................................................................................................. -8- ARTICLE 8 --------- ACCOUNTS AND TAX MATTERS................................................................................ -8- 8.1 Books.......................................................................................................................................................................... -8- 8.2. Company Tax Returns.............................................................................................................................................. -9- 8.3 Tax Treatment.......................................................................................................................................................... -9-

Resignation of Officers. 7- 5.4. Removal of Officers................................................................................................................................................. -7- 5.5 President..................................................................................................................................................................... -7- 5.6 Vice Presidents.............................................................................-7- ............................................................................ -7 5.7 Secretary..................................................................................................................................................................... -7- ARTICLE 6 --------- CAPITAL STRUCTURE AND CONTRIBUTIONS....................................................................... -7- 6.1 Capital Structure..................................................................................................................................................... -7- 6.2 Capital Contributions............................................................................................................................................. -7- 6.3. Capital Accounts....................................................................................................................................................... -8- ARTICLE 7 --------- PROFITS, LOSSES, AND DISTRIBUTIONS......................................................................... -8- 7.1 Profits and Losses................................................................................................................................................... -8- 7.2. Distributions............................................................................................................................................................. -8- 7.3. Withholding Taxes..................................................................................................................................................... -8- ARTICLE 8 --------- ACCOUNTS AND TAX MATTERS................................................................................... -8- 8.1 Books............................................................................................................................................................................. -8- 8.2. Company Tax Returns................................................................................................................................................. -9- 8.3 Tax Treatment............................................................................................................................................................. -9-