Common use of Removal and Resignation of Officers Clause in Contracts

Removal and Resignation of Officers. The Members may remove any officer, including the Chief Manager and the Secretary, with or without cause. The Members may eliminate any officer position other than that of the Chief Manager and the Secretary. Any officer may resign upon 30 days prior written notice to the Members, but such resignation shall not affect such person's status, if any, as a Member. Upon the death, resignation or removal of the Chief Manager, the Members shall immediately vote to appoint a new Chief Manager. Upon the death, resignation or removal of the Secretary, the Members shall immediately vote to appoint a new Secretary.

Appears in 3 contracts

Samples: Operating Agreement (Cca Properties of America LLC), Operating Agreement (Cca Properties of America LLC), Operating Agreement (Cca Properties of America LLC)

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Removal and Resignation of Officers. The Members may remove any officer, including the Chief Manager and the Secretary, with or without cause. The Members may eliminate any officer position other than that of the Chief Manager and the Secretary. Any officer may resign upon 30 thirty (30) days prior written notice to the Members, but such resignation shall not affect such person's status, if any, as a Member. Upon the death, resignation or removal of the Chief Manager, the Members shall immediately vote to appoint a new another Chief Manager. Upon the death, resignation or removal of the Secretary, the Members shall immediately vote to appoint a new substitute Secretary.

Appears in 2 contracts

Samples: Lease Agreement (Casino Resource Corp), Lease Agreement (Casino Resource Corp)

Removal and Resignation of Officers. The Members may remove any officer, including the Chief Manager and the Secretary, with or without cause. The Members may eliminate any officer position other than that of the Chief Manager and the Secretary. Any officer may resign upon 30 days thirty (30) days' prior written notice to the Members, but such resignation shall not affect such person's status, if any, as a Member. Upon the death, resignation or removal of the Chief Manager, the Members shall immediately vote to appoint a new Chief Manager. Upon the death, resignation or removal of the Secretary, the Members shall immediately vote to appoint a new Secretary.

Appears in 1 contract

Samples: Operating Agreement (Cca Properties of America LLC)

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Removal and Resignation of Officers. The Members may remove any officer, including the Chief Manager and the Secretary, with or without cause. The Members may eliminate any officer position other than that of the Chief Manager and the Secretary. Any officer may resign upon 30 days thirty (30) days’ prior written notice to the Members, but such resignation shall not affect such person's ’s status, if any, as a Member. Upon the death, resignation or removal of the Chief Manager, the Members shall immediately vote to appoint a new Chief Manager. Upon the death, resignation or removal of the Secretary, the Members shall immediately vote to appoint a new Secretary.

Appears in 1 contract

Samples: Operating Agreement (Cca Trs, LLC)

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