Removal of Directors; Vacancies. The Member may at any time remove any Director appointed pursuant to Section 7(b)(1) with or without cause. In the event a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by the Member.
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.), Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.), Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.)
Removal of Directors; Vacancies. The Member may at any time remove any Director appointed pursuant to Section 7(b)(17(b) with or without cause. In the event that a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by a majority of the remaining Directors, or if there is no remaining Director, by the Member.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC), Limited Liability Company Agreement (Verso Androscoggin LLC)
Removal of Directors; Vacancies. The Member Members may at any time remove any Director appointed pursuant to Section 7(b)(1) with or without cause. In the event a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by the MemberMembers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Verso Quinnesec REP Holding Inc.)
Removal of Directors; Vacancies. The (a) A Member may at any time remove any Director Manager appointed by such Member pursuant to Section 7(b)(1) 5.02, with or without cause. .
(b) In the event a vacancy occurs on the Board of Managers as a result of the retirement, removal, resignation or death of a DirectorManager designated pursuant to Section 5.02, such vacancy shall be filled by a person designated by the Member, the retirement, removal, resignation or death of whose designee or nominee created the vacancy.
Appears in 1 contract
Samples: Operating Agreement (Digital Cinema Destinations Corp.)
Removal of Directors; Vacancies. The Member Members may at any time remove any Director appointed pursuant to Section 7(b)(17(b) with or without cause. In the event that a vacancy occurs on the Board as a result of the retirement, removal, resignation or death of a Director, such vacancy shall be filled by a majority of the Memberremaining Directors, or if there is no remaining Director, by the Members.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Verso Androscoggin LLC)
