Common use of Election of Officers, Qualification and Term Clause in Contracts

Election of Officers, Qualification and Term. The Officers shall be appointed annually or at such other interval as the Board of Directors shall determine. Each such Officer shall hold office until a successor shall have been duly appointed by the Board of Directors and shall have qualified in his or her stead unless the Member shall have provided otherwise in any particular case, or until such Officer shall have resigned and his or her resignation shall have become effective, or until such Officer shall have been removed in the manner hereinafter provided.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (NuStar Energy L.P.), Limited Liability Company Agreement (NuStar Energy L.P.), Agreement and Plan of Merger

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Election of Officers, Qualification and Term. The Officers shall be appointed annually or at such other interval as from time to time by the Board of Directors shall determineDirectors. Each such Officer shall hold office until a successor shall have been duly appointed elected by the Board of Directors and shall have qualified in his or her stead unless the Member shall have provided otherwise in any particular case, or until such Officer shall have resigned and his or her resignation shall have become effective, or until such Officer shall have been removed in the manner hereinafter provided.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Alliance Holdings GP, L.P.), Operating Agreement (Alliance Resource Partners Lp)

Election of Officers, Qualification and Term. The Officers shall be appointed annually or at such other interval as from time to time by the Board of Directors shall determineDirectors, except that the initial Officers of the Company are set forth on Exhibit A hereto. Each such Officer shall hold office until a successor shall have been duly appointed elected by the Board of Directors and shall have qualified in his or her stead unless the Member shall have provided otherwise in any particular case, or until such Officer shall have resigned and his or her resignation shall have become effective, or until such Officer shall have been removed in the manner hereinafter provided.

Appears in 3 contracts

Samples: Simplification Agreement (Alliance Holdings GP, L.P.), Simplification Agreement (Alliance Resource Partners Lp), Operating Agreement (Alliance Holdings GP, L.P.)

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Election of Officers, Qualification and Term. The Officers shall be appointed annually or at such other interval as from time to time by the Board of Directors shall determineDirectors, except that the initial Officers of the Company are set forth on Exhibit A hereto. Each such Officer shall hold office until a successor shall have been duly appointed elected by the Board of Directors and shall have qualified in his or her stead unless the Member Members shall have provided otherwise in any particular case, or until such Officer shall have resigned and his or her resignation shall have become effective, or until such Officer shall have been removed in the manner hereinafter provided.

Appears in 1 contract

Samples: Operating Agreement (Alliance Resource Partners Lp)

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