Common use of Removal and Replacement of Board Members Clause in Contracts

Removal and Replacement of Board Members. Any Voting Director elected by the Members may be removed at any time by the approval of at least two-thirds of the Members. The Chair may be removed at any time with the approval of at least two-thirds of the Voting Directors. Any Board Member vacancy may be filled in accordance with clauses (iii) and (iv) above, as applicable.

Appears in 21 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement

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Removal and Replacement of Board Members. Any Voting Director Manager elected by the Members may be removed at any time by the approval of at least two-thirds of the Members. The Non-Voting Chair may be removed at any time with the approval of at least two-thirds of the Voting Directors. Any Board Member vacancy may be filled in accordance with clauses (iii) and (iv) above, as applicable....

Appears in 1 contract

Samples: Limited Liability Company Agreement

Removal and Replacement of Board Members. Any Voting Director Manager elected by the Members may be removed at any time by the approval of at least two-thirds (2/3) of the Members. The Non-Voting Chair may be removed at any time with the approval of at least two-thirds (2/3) of the Voting DirectorsManagers. Any After the Initial Board Dissolution, any Board Member vacancy may be filled in accordance with clauses (iii) and (iv) above, as applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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Removal and Replacement of Board Members. Any Voting Director Manager elected by the Members may be removed at any time by the approval of at least two-two- thirds of the Members. The Non-Voting Chair may be removed at any time with the approval of at least two-thirds of the Voting DirectorsManagers. Any After the Initial Board Dissolution, any Board Member vacancy may be filled in accordance with clauses (iii) and (iv) above, as applicable.

Appears in 1 contract

Samples: Limited Liability Company Agreement

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