Removal of Officers; Vacancies. Any officer of the Company may be removed summarily with or without cause, at any time, by the Manager. Vacancies may be filled by the Manager.
Removal of Officers; Vacancies. Any officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time is specified, at the time of its receipt by the Board. The acceptance by the Board of a resignation of any officer shall not be necessary to make such resignation effective, unless otherwise specified in such resignation. Any officer may be removed as such, either with or without cause, at any time by the Board or any authorized committee thereof. Subject to Section 4.10(b), vacancies may be filled by approval of the Board or any authorized committee thereof. Designation of any Person as an officer by the Board shall not in and of itself vest in such Person any contractual or employment rights with respect to the Company.
Removal of Officers; Vacancies. The Officers of the Company shall hold office until their successors are chosen and qualified. Any Officer elected or appointed by the Members or the Board of Directors may be removed at any time by the Chairman of the Board or the affirmative vote of a majority of the Board of Directors. Any vacancy occurring in any office of the Company shall be filled by the Board of Directors.
Removal of Officers; Vacancies. Any Officer may be removed summarily with or without cause, at any time, by the Board. Vacancies, including a vacancy caused by the death, disability, resignation, or removal of any Officer, may be filled by the Board.
Removal of Officers; Vacancies. Any officer of the Trust Fund may be removed summarily with or without cause, at any time, on a three-fourths (¾) vote of the Board of Trustees present at a duly called meeting. Vacancies may be filled by the Board of Trustees.
Removal of Officers; Vacancies. All officers shall hold office until their successors are appointed unless sooner removed from office as provided below or there is a resignation. Subject to the terms of any employment agreement to which the Company and any officer of the Company are parties, (i) any officer of the Company other than the Chief Executive Officer may be removed summarily with or without cause, at any time, by the Chief Executive Officer or the Board of Managers, and (ii) the Chief Executive Officer may be removed summarily with or without cause, at any time, by the Board of Managers. Vacancies of offices other than the office of the Chief Executive Officer shall be filled by the Chief Executive Officer and approved by the Board of Managers.
Removal of Officers; Vacancies. Any officer may resign as such at any time, subject to any agreement between the Company and such officer. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Board of Directors. The acceptance by the Board of Directors of a resignation of any officer shall not be necessary to make such resignation effective, unless otherwise specified in such resignation. Any officer may be removed as such, either with or without cause, at any time by the Board of Directors or any authorized committee thereof and, subject to Section 5.3(f)(xii), vacancies may be filled by approval of the Board of Directors or any authorized committee thereof. Designation of any Person as an officer by the Board of Directors shall not in and of itself vest in such Person any contractual or employment rights with respect to the Company.
Removal of Officers; Vacancies. Xxxxxxxxxx may be removed as chief executive only for good cause as further described in his employment agreement, and only upon majority vote of the Board of Managers. All other officers may be removed, with our without cause, by the Board of Managers. Vacancies will be filled by the Board of Managers, in consultation with the chief executive officer.
Removal of Officers; Vacancies. The Chairman of the Management Committee, President and Treasurer may be removed with or without cause, at any time, by the Management Committee. All other officers of the LLC may be removed at any time, with or without cause, by the Management Committee or by the President. Vacancies in the offices of Chairman of the Management Committee, President and Treasurer shall be filled by the Management Committee; vacancies in all other offices shall be filled by the Management Committee or the President.
Removal of Officers; Vacancies. (a) Any Officer may be removed summarily with or without cause, at any time, by the Board. Vacancies, including a vacancy caused by the death, disability, resignation, or removal of any Officer, may be filled by the Board.
(b) Notwithstanding the provisions of Section 5.2(a) above, XxXxxx shall serve as the President of the Company until such time as (i) XxXxxx resigns, (ii) XxXxxx dies or is Disabled, (iii) XxXxxx is removed for Cause by TriStone-Allegiancy Manager Consent, or (iv) TriStone and its Affiliates own less than thirty percent (30%) of all then-outstanding Shares; in any such case, XxXxxx shall automatically be removed as President unless retained as President by TriStone-Allegiancy Manager Consent.
