Common use of Removal of Director Clause in Contracts

Removal of Director. A Director may be removed before the expiration of the Director’s term of office by a Special Resolution. The Director, if any, who is to fill the vacancy, must be elected by the members at a general meeting. A Director who is removed from office pursuant to these Rules: [a] may not run again for office at the next general meeting at which there is an election of Directors; and [b] may not be appointed by the Directors for one year after removal from office.

Removal of Director. ‌‌‌ A Director may be removed before the expiration of the Director’s term of office by a Special Resolution. The Director, if any, who is to fill the vacancy, must be elected by the members at a general meeting. A Director who is removed from office pursuant to these Rules: [a] may not run again for office at the next general meeting at which there is an election of Directors; and [b] may not be appointed by the Directors for one year two years after removal from office.

Removal of Director. A Director may be removed before the expiration of the Director’s term of office by a Special Resolutionspecial resolution. The Director, if any, who is to fill the vacancy, must be elected by the members at a general meeting. A Director who is removed from office pursuant to these Rules: [a] may not run again for office at the next general meeting at which there is an election of Directors; and [b] may not be appointed by the Directors for one year after removal from office.