Common use of Removal of Officers and Agents Clause in Contracts

Removal of Officers and Agents. Any officer or agent of the Company may be removed by the Managers with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.

Appears in 5 contracts

Samples: Operating Agreement (PJC Manchester Realty LLC), Operating Agreement (PJC Manchester Realty LLC), Operating Agreement (PJC Manchester Realty LLC)

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Removal of Officers and Agents. Any officer or agent of the Company corporation may be removed by the Managers board of directors with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.

Appears in 4 contracts

Samples: Merger Agreement (Cephalon Inc), Merger Agreement (Public Service Enterprise Group Inc), Merger Agreement (Exelon Corp)

Removal of Officers and Agents. Any officer or agent of the Company may be removed by the Managers with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an any officer or agent shall not of itself create contract rights.

Appears in 4 contracts

Samples: Operating Agreement (Broadview Networks Holdings Inc), Operating Agreement (Broadview Networks Holdings Inc), Operating Agreement (Broadview Networks Holdings Inc)

Removal of Officers and Agents. Any officer or agent of the Company corporation may be removed by the Managers board of directors with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.

Appears in 2 contracts

Samples: Merger Agreement (Marlin Business Services Corp), Merger Agreement (Blue Ridge Real Estate Co)

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Removal of Officers and Agents. Any officer Officer, Delegate, employee or agent of the Company may be removed by the Managers Member with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person so removed. Election or appointment of an officer Officer, Delegate, employee or agent shall not of itself create contract rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Bcap LLC)

Removal of Officers and Agents. Any officer or agent of the Company may be removed by the Managers Members with or without cause. The removal shall be without prejudice to the contract rights, if any, of any person Person so removed. Election or appointment of an officer or agent shall not of itself create contract rights.

Appears in 1 contract

Samples: Operating Agreement (Pxre Corp)

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