Common use of Removal and Resignation Clause in Contracts

Removal and Resignation. Any Officer or agent elected or appointed by the Board of Managers may be removed by the Board of Managers with or without cause, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Election or appointment of an Officer or agent shall not of itself create contract rights. Any Officer of the Company may resign at any time by giving written notice to the Board of Managers. Any such resignation shall take effect after time specified therein, or, if the time is not specified therein, upon its acceptance by the Board of Managers.

Removal and Resignation. Any Officer officer or agent elected or appointed by the Board of Managers Directors may be removed by the Board of Managers with or without causeDirectors whenever in its judgment the best interests of the Corporation would be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Election or appointment of an Officer or agent shall not of itself create contract rights. Any Officer of the Company officer may resign at any time by giving written notice to the Board of ManagersCorporation. Any such resignation shall take effect after at the date of the receipt of such notice or at any later time specified therein, or, if the time is not and unless otherwise specified therein, upon its the acceptance by the Board of Managerssuch resignation shall not be necessary to make it effective.

Removal and Resignation. Any Officer officer or agent elected or appointed by the Board of Managers may be removed by the Board of Managers Directors at any time, with or without cause, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Election or appointment of an Officer officer or agent shall not of itself create contract rights. Any Officer of the Company An officer or agent may resign at any time by giving written notice of resignation to the Board Secretary of Managersthe corporation. Any such The resignation shall take effect after time specified therein, or, if is effective when the time notice is not specified therein, upon its acceptance received by the Board of Managerscorporation unless the notice specifies a later effective date.

Removal and Resignation. Any Officer officer or agent elected or appointed by the Board of Managers Directors may be removed by the Board of Managers with or without causeDirectors whenever in its judgment the best interests of the corporation would be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Election or appointment of an Officer or agent shall not of itself create contract rights. Any Officer of the Company An officer may resign at any time by giving written delivering notice to the Board of ManagersCorporation. Any Such resignation is effective when such notice is delivered unless such notice specifies a later effective date. An officer's resignation shall take effect after time specified therein, ordoes not affect the Corporation's contract rights, if any, with the time is not specified therein, upon its acceptance by the Board of Managersofficer.

Removal and Resignation. Any Officer or agent elected or appointed officer chosen by the Board of Managers Directors may be removed by the Board of Managers at any time, with or without cause, but such removal shall be without prejudice to by the contract rights, if any, affirmative vote of a majority of all the members of the person so removed. Election or appointment Board of an Officer or agent shall not of itself create contract rightsDirectors. Any Officer officer chosen by the Board of the Company Directors may resign at any time by giving written notice of said resignation to the Corporation. Unless a different time is specified therein, such resignation shall be effective upon its receipt by the Chairman of the Board, the President, the Secretary or the Board of Managers. Any such resignation shall take effect after time specified therein, or, if the time is not specified therein, upon its acceptance by the Board of ManagersDirectors.