Common use of Director Resignation Clause in Contracts

Director Resignation. Any Director may resign at any time by giving written notice to the Board of Directors and the secretary of the Company. The resignation of any Director shall take effect upon receipt of notice thereof or at such later time as shall be specified in such notice and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (General Motors Co), Limited Liability Company Agreement (General Motors Co), Limited Liability Company Agreement (General Motors Co)

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Director Resignation. Any Director may resign at any time by giving written notice to the Board of Directors and the secretary of the Company. The resignation of any Director shall take effect upon receipt of notice thereof or at such later time as shall be specified in such notice and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. In the event of an actual or planned resignation by the Security Director, the CFIUS Monitoring Agency shall be notified in accordance with the NSA.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (General Motors Co), Limited Liability Company Agreement (General Motors Co), Limited Liability Company Agreement (General Motors Co)

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Director Resignation. Any A Director may resign at any time by giving time. To resign, a Director must sign and deliver a written or Electronic notice of resignation to the Board Board, President, or Secretary. Except as a later date is otherwise provided in a written or Electronic notice of Directors resignation, a Director’s resignation is effective when the Board, President, or Secretary receives the written or Electronic notice of resignation. If a Director’s resignation is effective at a later date, and if the secretary successor Director does not take office until the effective date of the Company. The resignation Director’s resignation, then the pending Director vacancy may be filled before the effective date of any Director shall take effect upon receipt of notice thereof or at such later time as shall be specified in such notice and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effectiveDirector’s resignation.

Appears in 3 contracts

Samples: www.browncountyrea.coop, www.browncountyrea.coop, bcrea.pod.coopwebbuilder3.com

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