Common use of Removal of Officers Clause in Contracts

Removal of Officers. Any officer of the Corporation may be removed from office, with or without cause, by a vote of a majority of the Board of Directors.

Appears in 9 contracts

Samples: Agreement and Plan of Merger (American Railcar Industries, Inc.), Agreement and Plan of Merger (Icahn Enterprises Holdings L.P.), Voting and Lock Up Agreement (Cempra, Inc.)

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Removal of Officers. Any officer of the Corporation may be removed from office, with or without cause, by a vote of a majority of the Board of Directors, but such removal shall be without prejudice to the contract rights, if any, of the person so removed, but the election of any officer shall not of itself create any contractual rights.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Superconductor Technologies Inc), Agreement and Plan of Merger (Superconductor Technologies Inc), Agreement and Plan of Merger (Koffee Korner Inc.)

Removal of Officers. Any officer of the Corporation may ------------------- be removed from office, with or without cause, by a vote of a majority of the Board of Directors.

Appears in 2 contracts

Samples: Contribution Agreement (Orion Pictures Corp), Contribution Agreement (Actava Group Inc)

Removal of Officers. Any officer of the Corporation Company may be removed from office, with or without cause, by a vote of a majority of the Board Board, in compliance with the requirements of Directorsthe CEA.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement

Removal of Officers. Any officer of the Corporation An Officer may be removed from officeat any time, with or without cause, by a vote of a majority Majority Vote of the Board of DirectorsManagers.

Appears in 1 contract

Samples: Operating Agreement (Beard Co /Ok)

Removal of Officers. 4.5. Any officer of the Corporation may be removed from office, either with or without cause, cause by a the vote of a majority of the Board of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (GCP Applied Technologies Inc.)

Removal of Officers. Any officer of the Corporation may be removed from office, with or without cause, cause by a the vote of a majority of the Board of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Network Long Distance Inc)

Removal of Officers. Any officer of the Corporation may be removed from officeremoved, with or without cause, by a vote of a majority of the Board of Directors. Any officer appointed by the Chief Executive Officer may be removed, with or without cause, by the Chief Executive Officer.

Appears in 1 contract

Samples: Agreement of Merger

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Removal of Officers. Any officer The Board of the Corporation Directors may be removed from officeremove any officer, by a majority vote, at any time with or without cause, by a vote of a majority of the Board of Directors.

Appears in 1 contract

Samples: Agreement (Wallstreet Review Inc)

Removal of Officers. Any officer of the Corporation may be removed from officehis or her office or position at any time, with or without cause, by a majority vote of a majority of the Board of Directors. Any officer or assistant officer, if appointed by another officer pursuant to authority, if any, received from the Board of Directors, may likewise be removed by such officer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sba Communications Corp)

Removal of Officers. Any officer of the Corporation may be removed from office, either with or without cause, cause by a the vote of a majority of the Board of Directors.

Appears in 1 contract

Samples: Plan of Exchange (Moving Box Inc)

Removal of Officers. Any officer of the Corporation may be removed from officeoffice at any time, with or without cause, by a vote of a the majority of the Board total number of Directorsdirectors.

Appears in 1 contract

Samples: Letter Agreement (Sunedison, Inc.)

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