Common use of Resignation or Removal of a Manager Clause in Contracts

Resignation or Removal of a Manager. a. Any Manager may resign by delivering to the LLC a signed notice indicating his intent to resign and the effective date of his resignation. b. The Board by Majority Vote may remove any Manager (1) for Cause or (2) if the Manager becomes subject to a Disability. A Manager shall be automatically removed if he becomes a Non-Voting Member. Those Persons who are entitled to designate a Manager and who hold the number of Membership Points necessary to designate a Manager may remove and replace such Manager previously designated by them at any time upon written notice to the LLC.

Resignation or Removal of a Manager. a. (a) Any Manager may resign by delivering to the LLC Company a signed notice indicating his intent to resign and the effective date of his resignation. b. (b) The Board or the Members, by Majority Vote Vote, may remove any Manager (1i) for Cause or Cause, (2ii) if the Manager becomes subject to a Disability. A Disability or (iii) if the Manager shall be automatically removed if he becomes a Non-Voting voting Member. Those Persons who are entitled to designate Any Person that has designated a Manager and who hold the number of Membership Points necessary to designate a Designated Manager may remove and replace such the Designated Manager previously designated by them at any time upon written notice to the LLCCompany.

Resignation or Removal of a Manager. a. Any Manager may resign by delivering to the LLC a signed notice indicating his or her intent to resign and the effective date of his or her resignation. b. The Board by Majority Vote may remove any Manager (1) for Cause or (2) if the Manager becomes subject to a Disability. A Manager shall be automatically removed if he or she becomes a Non-Voting Member. Those Persons who are entitled to designate a Manager and who hold the number of Membership Points necessary to designate a Manager may remove and replace such that Manager previously designated by them at any time upon written notice to the LLC.