Common use of Resignation and Vacancies Clause in Contracts

Resignation and Vacancies. Any director may resign at any time by giving written notice to the Board, the Chairman, the President or the Secretary. Such resignation shall take effect at the time specified therein (which may be upon the happening of an event or events specified therein) or, if the time be not specified, upon delivery thereof; and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Except as otherwise required by law, vacancies on the Board and newly created directorships will be filled in accordance with the Articles.

Appears in 2 contracts

Samples: By Laws (ASTROTECH Corp), By Laws (ASTROTECH Corp)

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Resignation and Vacancies. Any director may resign at any time upon notice given in writing or by giving written notice electronic transmission to the Board, the Chairman, the President or the SecretaryCorporation. Such The resignation shall take effect at the time specified therein (which may be or upon the happening of an event or events specified therein) or, if the time be not specified, upon delivery thereof; and, unless otherwise specified therein, and if no time or event is specified, at the acceptance time of such resignation shall not be necessary to make it effectiveits receipt. Except as otherwise required by law, Any vacancies on the Board and or newly created directorships will shall be filled as set forth in accordance with the ArticlesCertificate of Incorporation.

Appears in 2 contracts

Samples: Arrangement Agreement and Plan of Merger (Primo Water Corp /CN/), Arrangement Agreement and Plan of Merger (Primo Water Corp /CN/)

Resignation and Vacancies. Any director Director may resign at any time by giving a written notice to the Board, President of the Chairman, Company or to the President or the SecretaryBoard of Directors. Such resignation shall take effect at the time specified therein (which may be upon the happening of an event or events specified therein) or, if the time be not specified, upon delivery thereof; and, unless otherwise specified therein. If any Director should tender his resignation to take effect at a future time, the acceptance of Sole Member shall have power to elect, at any time, a successor to take office at such time as the resignation shall not be necessary to make it become effective. Except as otherwise required by law, vacancies Any vacancy on the Board and newly created directorships will of Directors resulting from resignation or any other cause may be filled in accordance with by the ArticlesSole Members or by the Directors at any meeting thereof.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Hydratight Operations, Inc.)

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Resignation and Vacancies. Any director may resign at any time by giving written notice (or notice by electronic transmission) to the Board, the Chairman, the President Chief Executive Officer or the Secretary. Such resignation shall take effect at the time specified therein (which may be upon the happening of an event or events specified therein) or, if the time be not specified, upon delivery thereof; and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. Except as otherwise required by law, vacancies on the Board and newly created directorships will be filled in accordance with the ArticlesCertificate.

Appears in 1 contract

Samples: By Laws (ASTROTECH Corp)

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