Common use of Tenure and Duties of Officers Clause in Contracts

Tenure and Duties of Officers. All officers shall hold office at the pleasure of the Board of Directors and until their successors shall have been duly elected and qualified, unless sooner removed. Any officer may be removed at any time by the Board of Directors. If the office of any officer becomes vacant for any reason, the vacancy may be filled by the Board of Directors.

Appears in 2 contracts

Samples: Operating Agreement (First Consulting Group Inc), Operating Agreement (Tivoli Industries Inc)

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Tenure and Duties of Officers. All officers shall hold office at the pleasure of the Board of Directors and until their successors shall have been duly elected and qualified, unless sooner removed. Any officer may be removed at any time by the Board of Directors, with or without Cause. Additionally, any officer may be removed at any time by any two Directors for Cause. If the office of any officer becomes vacant for any reason, the vacancy may be filled by the Board of Directors; provided, however, that the appointment of the Production Coordinating Producer shall be subject to the approval of a Supermajority of the Directors.

Appears in 1 contract

Samples: Operating Agreement (Quokka Sports Inc)

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Tenure and Duties of Officers. All The officers shall will hold office their respective offices at the pleasure of the Board of Directors and until their successors shall will have been duly elected and qualified, unless sooner removed. Any officer may be removed at any time by the Board of Directors. If the office of any officer one of the officers becomes vacant for any reason, the vacancy may be filled by the Board. The officers will have such titles and powers and perform such duties as determined from time to time by the Board of Directorsand otherwise as customarily pertains to such offices.

Appears in 1 contract

Samples: Operating Agreement (Blockstack Inc.)

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