Common use of By Manager Clause in Contracts

By Manager. i. Manager may terminate this Agreement by written notice to the Board of Directors if (x) either Xxxxx X. Xxxxxxxx, Xxxxxxx Xxxxx or Xxxx Xxxxxxxx is terminated as a director or executive officer position held with the Company, without the prior written consent of such respective individual, other than for Cause and (y) the Board of Directors has not, within 30 days of such removal, given notice of termination of this Agreement pursuant to Section 3(b).

Appears in 6 contracts

Samples: Management Services Agreement (SMG Indium Resources Ltd.), Management Services Agreement (SMG Indium Resources Ltd.), Management Services Agreement (SMG Indium Resources Ltd.)

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