Removal of a Board Member. Consistent with Section 6.2, Board Members may be removed, with or without cause, from such position by action of the Member. “Action of the Member” shall mean action by written instrument signed by the Member. The removal of a Board Member shall not constitute a waiver or exculpation by the Company or the Member of any liability which the Board Member may have to the Company or the Member, and the Board Member, even though removed, shall remain entitled to exculpation and indemnification from the Company pursuant to Section 9.2 with respect to any matter arising prior to his removal.
Removal of a Board Member. Any Board member may be removed by a two thirds vote of the Members of the Corporation. An affirmative vote may be established during a regular or special meeting, or by affirmative response to a written notice provided to each Corporation member.
Removal of a Board Member. The Board of Directors may, by majority vote and for cause, remove a Board member from the Board of Directors and terminate the Board member’s right to participate in governance of the PSERN Operator. Immediately after the vote removing a Board member, the Party’s alternate shall become its Board of Directors member. If the Party has not designated an alternate, the vacancy provisions in Section 4.2.4 shall apply. Cause for removal may include failure to act in good faith in participating in the Board of Directors and willful, arbitrary failure to perform the Board member’s obligations as set forth in this Agreement.
Removal of a Board Member. (a) The Member may remove any member of the Board at any time with or without cause.
Removal of a Board Member
