Common use of Removal and Resignation Clause in Contracts

Removal and Resignation. Any officer or agent elected by the Board of Directors may be removed by the Board of Directors 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. Any officer may resign at any time by giving written notice to the Corporation. Any such resignation shall take effect at the date of the receipt of such notice or at any later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Removal and Resignation. Any officer Officer or agent elected or appointed by the Board of Directors Managers may be removed by the Board of Directors whenever in its judgment the best interests of the Corporation would be served therebyManagers 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 Officer of the Company may resign at any time by giving written notice to the CorporationBoard of Managers. Any such resignation shall take effect at the date of the receipt of such notice or at any later after time specified therein, and unless otherwise or, if the time is not specified therein, upon its acceptance by the acceptance Board of such resignation shall not be necessary to make it effectiveManagers.

Removal and Resignation. Any officer or agent elected by the Board of Directors may be removed by the Board of Directors whenever in its judgment the best interests of the Corporation corporation would be served thereby, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Any An officer may resign at any time by giving written delivering notice to the Corporation. Any such Such resignation shall take effect at the date of the receipt of is effective when such notice or at any is delivered unless such notice specifies a later time specified thereineffective date. An officer's resignation does not affect the Corporation's contract rights, and unless otherwise specified thereinif any, with the acceptance of such resignation shall not be necessary to make it effectiveofficer.

Removal and Resignation. Any officer or agent elected by the Board of Directors may be removed by the Board of Directors whenever in its judgment the best interests of the Corporation would be served therebyat any time, with or without cause, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Any Election or appointment of an officer or agent shall not of itself create contract rights. An officer or agent may resign at any time by giving written notice of resignation to the Corporation. Any such resignation shall take effect at the date Secretary of the receipt of such corporation. The resignation is effective when the notice or at any is received by the corporation unless the notice specifies a later time specified therein, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effectiveeffective date.