Common use of Removal and Resignation of Officers Clause in Contracts

Removal and Resignation of Officers. Subject to the rights (if any) of an officer under any contract of employment, any officer may be removed, either with or without cause, by an affirmative vote of the majority of the Board of Directors at any regular or special meeting of the board or, except in the case of an officer chosen by the Board of Directors, by any officer upon whom the power of removal is conferred by the Board of Directors. Any officer may resign at any time by giving written notice to the corporation (including written notice by email, fax, telegraphic or other facsimile or electronic transmission). Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and, unless otherwise specified in that notice, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights (if any) of the corporation under any contract to which the officer is a party.

Removal and Resignation of Officers. Subject to the rights (if any) of an officer under any contract of employment, any Any officer may be removed, either with or without cause, by an affirmative vote of the majority of the Board of Directors at any regular or special meeting of the board Board or, except in the case of an officer chosen by the Board of DirectorsBoard, by any officer upon whom the such power of removal is may be conferred by the Board of DirectorsBoard. Any officer may resign at any time by giving written or electronic notice to the corporation (including written Corporation; provided, however, that if such notice is given by email, fax, telegraphic or other facsimile or electronic transmission), such electronic transmission must either set forth or be submitted with information from which it can be determined that the electronic transmission was authorized by the officer. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and, unless . Unless otherwise specified in that noticethe notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights (rights, if any) , of the corporation Corporation under any contract to which the officer is a party.

Removal and Resignation of Officers. Subject to the rights (rights, if any) , of an officer under any contract of employment, any officer may be removed, either with or without cause, by an affirmative vote of the majority of the Board of Directors at any regular or special meeting of the board a duly authorized committee or subcommittee thereof or, except in the case of an officer chosen by the Board of Directorsor a duly authorized committee or subcommittee thereof, by any officer upon whom the such power of removal is may be conferred by the Board of Directorsor a duly authorized committee or subcommittee thereof. Any officer may resign at any time by giving written notice to the corporation (including written notice Corporation in writing or by email, fax, telegraphic or other facsimile or electronic transmission). Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and, unless . Unless otherwise specified in that noticethe notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights (rights, if any) , of the corporation Corporation under any contract to which the officer is a party.

Removal and Resignation of Officers. Subject to the rights (rights, if any) , of an officer under any contract of employment, any officer may be removed, either with or without cause, by an affirmative vote of the majority of the Board of Directors at any regular or special meeting of the board a duly authorized committee or subcommittee thereof or, except in the case of an officer chosen by the Board of Directorsor a duly authorized committee or subcommittee thereof, by any officer upon whom the such power of removal is may be conferred by the Board of Directorsor a duly authorized committee or subcommittee thereof. Any officer may resign at any time by giving written notice to the corporation (including written notice by email, fax, telegraphic or other facsimile or electronic transmission)Corporation. Any resignation shall take effect at the date of the receipt of that notice or at any later time specified in that notice; and, unless . Unless otherwise specified in that noticethe notice of resignation, the acceptance of the resignation shall not be necessary to make it effective. Any resignation is without prejudice to the rights (rights, if any) , of the corporation Corporation under any contract to which the officer is a party.