Common use of Resignation; Removal; Vacancies Clause in Contracts

Resignation; Removal; Vacancies. Any officer may resign at any time by giving written notice to the Chairman of the Board, the President or the Secretary. Unless otherwise stated in a notice of resignation, it shall take effect when received by the officer to whom it is directed, without any need for its acceptance. The Board of Managers may remove any officer, with or without cause, at any time, but such removal shall be without prejudice to the contractual rights of such officer, if any, with the Company. A vacancy occurring in any office of the Company may be filled for the unexpired portion of the term thereof by the Board of Managers at any regular or special meeting.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TMM Lines LTD LLC), Limited Liability Company Agreement (Cp Ships LTD)

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Resignation; Removal; Vacancies. Any officer may resign at any time by giving written notice to the Chairman of the Board, the President Chief Executive Officer or the Secretary. Unless otherwise stated in a notice of resignation, it shall take effect when received by the officer to whom it is directed, without any need for its acceptance. The Board of Managers Directors may remove any officer, officer with or without cause, cause at any time, but such removal shall be without prejudice to the contractual rights of such officer, if any, with the CompanyCorporation. A vacancy occurring in any office of the Company Corporation may be filled for the unexpired portion of the term thereof by the Board of Managers Directors at any regular or special meeting.

Appears in 2 contracts

Samples: Agreement (Pico Holdings Inc /New), Agreement (UCP, Inc.)

Resignation; Removal; Vacancies. Any officer may resign at any time by giving written notice to the Chairman of the Board, if any, the President Chief Executive Officer or the Secretary. Unless otherwise stated in a notice of resignation, it shall take effect when received by the officer to whom it is directed, without any need for its acceptance. The Board of Managers Directors may remove any officer, officer with or without cause, cause at any time, but such removal shall be without prejudice to the contractual rights of such officer, if any, with the CompanyCorporation. A vacancy occurring in any office of the Company Corporation may be filled for the unexpired portion of the term thereof by the Board of Managers Directors at any regular or special meeting.

Appears in 1 contract

Samples: Voting Agreement (Diametrics Medical Inc)

Resignation; Removal; Vacancies. Subject to the rights and obligations set forth in a written employment agreement or the Investor Rights Agreement, if any, any officer of the Corporation may be removed at any time, with or without cause, by the Board of Directors. Any officer may resign at any time by giving written notice to the Chairman of the Board, if any, the President or the Secretary. Unless otherwise stated in a notice of resignation, it shall take effect when received by the officer to whom it is directed, without any need for its acceptance. The Board of Managers may remove any officer, with or without cause, at any time, but such removal shall be without prejudice Subject to the contractual rights of such officerInvestor Rights Agreement, if any, with the Company. A a vacancy occurring in any office of the Company Corporation may be filled for the unexpired portion of the term thereof by the Board of Managers Directors at any regular or special meeting.

Appears in 1 contract

Samples: Investor Rights Agreement (Mosaic Co)

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Resignation; Removal; Vacancies. Any officer may resign at any time by giving written notice to the Chairman of the Board, the President Chief Executive Officer or the Secretary. Unless otherwise stated in a notice of resignation, it shall take effect when received by the officer to whom it is directed, without any need for its acceptance. The Board of Managers Directors may remove any officer, officer with or without cause, cause at any time, but such removal shall be without prejudice to the contractual rights of such officer, if any, with the CompanyCorporation. Any officer chosen by another officer pursuant to Section 4.10 of these Bylaws may be removed with or without cause at any time by that officer, but such removal shall be without prejudice to the contractual rights of such officer, if any, with the Corporation. A vacancy occurring in any office of the Company Corporation may be filled for the unexpired portion of the term thereof by the Board of Managers Directors at any regular or special meeting.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TRI Pointe Group, Inc.)

Resignation; Removal; Vacancies. Any officer may resign at any time by giving written notice to the Chairman of the Board, if any, the President or the Secretary. Unless otherwise stated in a notice of resignation, it shall take effect when received by the officer to whom it is directed, without any need for its acceptance. The Board of Managers Directors may remove any officer, officer with or without cause, cause at any time, but such removal shall be without prejudice to the contractual rights of such officer, if any, with the CompanyCorporation. A vacancy occurring in any office of the Company Corporation may be filled for the unexpired portion of the term thereof by the Board of Managers Directors at any regular or special meeting.

Appears in 1 contract

Samples: Agreement and Plan of Merger (GenMark Diagnostics, Inc.)

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