Common use of Election and Tenure Clause in Contracts

Election and Tenure. The Officers of the Company shall be elected annually by the Members at the annual meeting. Each Officer shall hold office from the date of his election until the next annual meeting and until his successor shall have been elected, unless he shall sooner resign or be removed.

Appears in 3 contracts

Samples: Operating Agreement (Basic Technologies Inc), Operating Agreement (Basic Technologies Inc), Operating Agreement (Basic Technologies Inc)

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Election and Tenure. The Officers of the Company shall be elected annually by the Members Managers at the annual meeting. Each Officer shall hold office from the date of his election until the next annual meeting and until his successor shall have been elected, unless he shall sooner resign or be removed.

Appears in 3 contracts

Samples: Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Nuverra Environmental Solutions, Inc.), Operating Agreement (Badlands Power Fuels, LLC)

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Election and Tenure. The Officers managers/officers of the Company shall will be elected annually by the Members at the annual meeting. Each Officer shall manager/officer will hold office from the date of his election until the next annual meeting and until his successor shall have has been elected, unless he shall sooner resign resigns or be is removed.

Appears in 1 contract

Samples: Operating Agreement (Unwired Telecom Corp)

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