Common use of Removal Resignation Clause in Contracts

Removal Resignation. A Director may be removed, with or without cause, at any time, by the Member. A Director may resign at any time by giving written notice to the Company. Any resignation shall take effect at the time of the receipt of such notice or at any later time specified in such notice. Unless otherwise specified in such notice, the acceptance of the resignation shall not be necessary to make it effective.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Eaton Aerospace LLC), Limited Liability Company Agreement (GA Industries Holdings, LLC), Company Agreement (GA Industries Holdings, LLC)

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Removal Resignation. A Director Directors may only be removed, with or without cause, at any time, by removed as set forth in the MemberCertificate of Incorporation. A Any Director may resign at any time by giving submitting an electronic transmission or by delivering a written notice of resignation to the CompanyChairman of the Board, the Chief Executive Officer or the Secretary. Any Such resignation shall take effect at the time of the receipt of such notice or at any later time specified in such notice. Unless otherwise specified in such notice, the acceptance of upon delivery unless the resignation shall not be necessary to make it effectivespecifies a later effective date or an effective date determined upon the happening of a specified event.

Appears in 3 contracts

Samples: Contribution and Distribution Agreement (Veritiv Corp), Contribution and Distribution Agreement (Xpedx Holding Co), Contribution and Distribution Agreement (Xpedx Holding Co)

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