Common use of Removal and Resignation Clause in Contracts

Removal and Resignation. Any officer or agent of the Corporation may be removed, with or without cause, by the Board of Directors if 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 of the Corporation may resign at any time by delivering his or her written resignation to the Board of Directors, the Chairman of the Board of Directors, the Vice Chairman of the Board of Directors, the Chief Executive Officer, the President or the Secretary. Any resignation shall take effect immediately upon its receipt or at such later time specified in the resignation. The acceptance of a resignation shall not be necessary to make it effective unless otherwise stated in the resignation. Such resignation shall be without prejudice to the contract rights, if any, of the Corporation.

Removal and Resignation. Any officer or agent Officer of the Corporation Company may be removedremoved as such, with or without cause, by a Majority of the Board Directors or the Chairman whenever in the judgement of such Directors if in its judgment or the Chairman, as applicable, the best interests of the Corporation would Company will be served thereby; provided, but however, that such removal shall be without prejudice to the contract rights, if any, of the person Person so removed. Any officer Officer of the Corporation Company may resign as such at any time by delivering his or her upon written resignation notice to the Board of Directors, the Chairman of the Board of Directors, the Vice Chairman of the Board of Directors, the Chief Executive Officer, the President or the SecretaryCompany. Any Such resignation shall be made in writing and shall take effect immediately upon at the time specified therein, or if no time is specified therein, at the time of its receipt or at such later time specified in by the resignationChairman. The acceptance of a resignation shall not be necessary to make it effective unless otherwise stated expressly so provided in the resignation. Such resignation shall be without prejudice to the contract rights, if any, of the Corporation.

Removal and Resignation. Any officer or agent of the Corporation may be removed, either with or without cause, by the affirmative vote of a majority of the Board of Directors if and, other than the Principal Officers, may also be removed, either with or without cause, by action of the President whenever, in its judgment his, her judgment, the best interests of the Corporation would shall be served thereby, but such right of removal and any purported removal shall be without prejudice to the contract contractual rights, if any, of the person so removed. Any Principal Officer or other officer of the Corporation or agent may resign at any time by delivering his or her giving written resignation notice to the Board of Directors, the Chairman of the Board of Directors, the Vice Chairman of the Board of Directors, the Chief Executive Officer, the President or the SecretaryCorporation. Any such resignation shall take effect immediately upon its at the date of the receipt of such notice or at such any later time specified in therein, and unless otherwise specified therein, the resignation. The acceptance of a such resignation shall not be necessary to make it effective unless otherwise stated in the resignation. Such resignation shall be without prejudice to the contract rights, if any, of the Corporationeffective.

Removal and Resignation. Any officer or agent of the Corporation may be removed, with or without cause, removed by the Board board of Directors directors if 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 of the Corporation may resign at any time by delivering his or her written resignation to the Board board of Directorsdirectors, the Chairman chairman or either co-chairman of the Board of Directorsboard, as applicable, the Vice Chairman of the Board of Directors, the Chief Executive Officer, the President president or the Secretarysecretary. Any resignation shall take effect at the time specified therein or, if the time when it shall become effective is not specified therein, immediately upon its receipt or at such later time specified in the resignationreceipt. The acceptance of a resignation shall not be necessary to make it effective unless otherwise stated in the resignation. Such resignation shall be without prejudice to the contract rights, if any, of the Corporation.

Removal and Resignation. Any officer or agent of the Corporation may be removed, with or without cause, removed by the Board of Directors if 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 of the Corporation may resign at any time by delivering giving written notice of his or her written resignation to the Board of Directors, the Chairman chairman of the Board of Directorsboard, the Vice Chairman of the Board of Directors, the Chief Executive Officer, the President president or the Secretarysecretary. Any resignation shall take effect at any time subsequent to the time specified therein or, if the time when it shall become effective is not specified therein, immediately upon its receipt or at such later time specified in the resignationreceipt. The acceptance of a resignation shall not be necessary to make it effective unless otherwise stated in the resignation. Such resignation shall be without prejudice to the contract rights, if any, of the Corporation.

Removal and Resignation. Any officer or agent of the Corporation may be removed, with or without cause, by the Board of Directors if in its judgment the best interests of the Corporation would be served therebyDirectors, but such removal shall be without prejudice to the contract rights, if any, of the person so removed. Any officer of the Corporation may resign at any time by delivering his or her written resignation to the Board of Directors, the Chairman chairman of the Board of Directorsboard, the Vice Chairman of the Board of Directorschief executive officer, the Chief Executive Officer, the President president or the Secretarysecretary. Any resignation shall take effect immediately upon its receipt or at such later time specified in the resignation. The acceptance of a resignation shall not be necessary to make it effective unless otherwise stated in the resignation. Such resignation shall be without prejudice to the contract rights, if any, of the Corporation.

Removal and Resignation. Any officer or agent of the Corporation may be removed, either with or without cause, by vote of a majority of the Directors at any regular or special meeting of the Board, or, except in case of an officer chosen by the Board of Directors if in its judgment Directors, by any committee or officer upon whom that power of removal may be conferred by the best interests Board of the Corporation would be served thereby, but such Directors. Such removal shall be without prejudice to the contract rights, if any, of the person so removed. Any officer of the Corporation may resign at any time by delivering his or her giving written resignation notice to the Board of Directors, the Chairman President, or the Secretary of the Board of Directors, the Vice Chairman of the Board of Directors, the Chief Executive Officer, the President or the SecretaryCorporation. Any resignation shall take effect immediately upon its on the date of the receipt of that notice or at such any later time specified in therein, and, unless otherwise specified therein, the resignation. The acceptance of a that resignation shall not be necessary to make it effective unless otherwise stated in the resignation. Such resignation shall be without prejudice to the contract rights, if any, of the Corporationeffective.