Common use of Resignation and Removals Clause in Contracts

Resignation and Removals. Any Trustee, officer or advisory board member may resign at any time by delivering his or her resignation in writing to the Chairman of the Board, the president, the treasurer or the secretary or to a meeting of the Trustees. The Trustees may remove any officer elected by them with or without cause by a vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, officer, or advisory board member resigning, and no officer or advisory board member removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal.

Appears in 27 contracts

Samples: By Laws (Sei Asset Allocation Trust), By Laws (Sei Institutional Investments Trust), By Laws (Sei Asset Allocation Trust)

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Resignation and Removals. Any Trustee, officer or advisory board member may resign at any time by delivering his or her resignation in writing to the Chairman of the Board, the president, the treasurer or the secretary or to a meeting of the Trustees. The Trustees may remove any officer elected by them with or without cause by a the vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, officer, or advisory board member resigning, and no officer or advisory board member removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal.

Appears in 21 contracts

Samples: By Laws (MDL Funds Trust), By Laws (Arbor Fund), By Laws (Advisors Inner Circle Fund)

Resignation and Removals. Any Trustee, Trustee or officer or advisory board member may resign at any time by delivering his or her resignation in writing to the Chairman of the Board, the presidentPresident, the treasurer Treasurer or the secretary Secretary or to a meeting of the Trustees. Such resignation shall be effective upon receipt unless specified to be effective at some other time. The Trustees may remove any officer elected by them with or without cause by a vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, officer, Trustee or advisory board member officer resigning, and no officer or advisory board member removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal.

Appears in 7 contracts

Samples: By Laws (SEI Exchange Traded Funds), By Laws (SEI Exchange Traded Funds), By Laws (Brinker Capital Destinations Trust)

Resignation and Removals. Any Trustee, officer or advisory board member may resign at any time by delivering his or her resignation in writing to the Chairman of the Board, the president, the treasurer or the secretary or to a meeting of the Trustees. The Trustees may remove any officer elected by them with or without cause by a the vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, officer, or advisory board member resigning, and no officer or advisory board member removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal.

Appears in 2 contracts

Samples: By Laws (Sei Index Funds), By Laws (Sei Tax Exempt Trust)

Resignation and Removals. Any Trustee, officer or advisory board member may resign at any time by delivering his or her resignation resig-na-tion in writing to the Chairman of the Board, the president, the treasurer or the secretary or to a meeting meet-ing of the Trustees. The Trustees may remove any officer elected by them with or without cause by a vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, officer, or advisory board member resigning, and no officer or advisory board member removed shall have any right to any compensation for any period following follow-ing his or her resignation or removal, or any right to damages on account of such removal.

Appears in 2 contracts

Samples: By Laws (Sei Tax Exempt Trust), By Laws (Sei Liquid Asset Trust)

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Resignation and Removals. Any Trustee, officer or advisory board member may resign at any time by delivering his or her resignation in writing to the Chairman of the Board, the president, the treasurer or the secretary or to a meeting of the Trustees. The Trustees may remove any officer elected by them with or without cause by a vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, officer, or advisory board member resigning, and no officer or advisory board member removed shall have any right to any compensation for any period following follow-ing his or her resignation or removal, or any right to damages on account of such removal.

Appears in 1 contract

Samples: By Laws (Sei Institutional Investments Trust)

Resignation and Removals. Any Trustee, officer or advisory board member may resign at any time by delivering his or her resignation in writing to the Chairman of the Board, the president, the treasurer or the secretary or to a meeting of the Trustees. The Trustees may remove any officer elected by them with or without cause by a the vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trust, no Trustee, ,officer, or advisory board member resigning, and no officer or advisory board member removed shall have any right to any compensation for any period following his or her resignation or removal, or any right to damages on account of such removal.

Appears in 1 contract

Samples: By Laws (Sti Classic Funds)

Resignation and Removals. Any Trustee, officer or advisory board member may resign at any time by delivering his or her resignation in writing to the Chairman of the Board, the president, the treasurer or the secretary or to a meeting of the Trustees. The Trustees may remove any officer elected by them with or without cause by a the vote of a majority of the Trustees then in office. Except to the extent expressly provided in a written agreement with the Trusttrust, no Trustee, officer, or advisory board member resigning, and no officer or advisory board member removed shall have any right to any compensation for any the period following his or her resignation or removal, or any right to damages on account of such removal.

Appears in 1 contract

Samples: By Laws (Sei International Trust)

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