Common use of Resignation or Removal Clause in Contracts

Resignation or Removal. The Custodian may resign at any time by written notice to the Company which shall be effective 30 days after delivery thereof. The Company shall appoint a successor Custodian who shall accept such appointment in a writing provided to the Custodian and Account Holder within such 30-day period. The Custodian may be removed by the Company at any time upon 30 days written notice to the Custodian, provided that the Company designates a successor Custodian that accepts such appointment by a writing provided to the Account Holder and the Custodian within such 30-day period. Upon such resignation or removal, the Custodian shall transfer and deliver all assets of the Account and copies of all records relative thereto to the successor Custodian appointed by the Company, provided such successor Custodian has in writing accepted this Agreement as it is or may be then amended. Notwithstanding the foregoing, the Custodian is authorized to reserve such sum of money as it may deem advisable for payment of all of its fees, compensation, costs and expenses, or for payment of any other liability constituting a charge on or against the assets of the Account or on or against the Custodian, and where necessary may liquidate shares in the Account for such payments in accordance with the last sentence of Section 7.2. Any balance of such reserve remaining after the payment of all such items shall be paid over to the successor Custodian.

Resignation or Removal. The Custodian may resign at any time by written notice to the Company Account Holder which shall be effective 30 days after delivery thereof. The Company shall appoint a successor Custodian who shall accept such appointment in a writing provided to the Custodian and Account Holder within such 30-day period. The Custodian may be removed by the Company at any time upon 30 days written notice to the Custodian, provided that the Company designates a successor Custodian that accepts such appointment by a writing provided to the Account Holder and the Custodian within such 30-day period. Upon such resignation or removal, the Custodian shall transfer and deliver all assets of the Account and copies of all records relative thereto to the successor Custodian appointed by the Company, provided such successor Custodian has in writing accepted this Agreement as it is or may be then amended. Notwithstanding the foregoing, the Custodian is authorized to reserve such sum of money as it may deem advisable for payment of all of its fees, compensation, costs and expenses, or for payment of any other liability constituting a charge on or against the assets of the Account or on or against the Custodian, and where necessary may liquidate shares in the Account for such payments in accordance with the last sentence of Section 7.2payments. Any balance of such reserve remaining after the payment of all such items shall be paid over to the successor Custodian.

Resignation or Removal. The Custodian may resign at any time by written notice to the Company Employee which shall be effective 30 days after delivery thereof. The Company shall appoint a successor Custodian who shall accept such appointment in a writing provided to the Custodian and Account Holder Employee within such 30-day period. The Custodian may be removed by the Company at any time upon 30 days 30-days' written notice to the Custodian, provided that the Company designates a successor Custodian that accepts such appointment by a in writing provided to the Account Holder Employee and the Custodian within such 30-day period. Upon such resignation or removal, the Custodian shall transfer and deliver all assets of the Account and copies of all records relative thereto to the successor Custodian appointed by the Company, provided such successor Custodian has has, in writing writing, accepted this Agreement as it is or may be then amended. Notwithstanding the foregoing, the Custodian is authorized to reserve such sum of money as it may deem advisable for payment of all of its fees, compensation, costs and expenses, or for payment of any other liability constituting a charge on or against the assets of the Account or on or against the Custodian, and where necessary necessary, may liquidate shares in the Account for such payments in accordance with the last sentence of Section 7.2payments. Any balance of such reserve remaining after the payment of all such items shall be paid over to the successor Custodian.. 8.2

Resignation or Removal. The Custodian may resign at any time by written notice to the Company which shall be effective 30 60 days after delivery thereof. The Company shall appoint a successor Custodian who shall accept such appointment in a writing provided to the Custodian and Account Holder within such 3060-day period. The Custodian may be removed by the Company at any time upon 30 60 days written notice to the Custodian, provided that the Company designates a successor Custodian that accepts such appointment by a writing provided to the Account Holder and the Custodian within such 3060-day period. Upon such resignation or removal, the Custodian shall transfer and deliver all assets of the Account and copies of all records relative thereto to the successor Custodian appointed by the Company, provided such successor Custodian has in writing accepted this Agreement as it is or may be then amended. Notwithstanding the foregoing, the Custodian is authorized to reserve such sum of money as it may deem advisable for payment of all of its fees, compensation, costs and expenses, or for payment of any other liability constituting a charge on or against the assets of the Account or on or against the Custodian, and where necessary may liquidate shares in the Account for such payments in accordance with the last sentence of Section 7.2payments. Any balance of such reserve remaining after the payment of all such items shall be paid over to the successor Custodian.