Common use of Resignation or Removal of Officers Clause in Contracts

Resignation or Removal of Officers. Any officer may resign at any time with written notice to the Sole Member. Any officer may be removed from office by the Sole Member, either with or without cause; provided, however, that such removal shall be without prejudice to the contract rights, if any, of the person so removed.

Appears in 50 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Resignation or Removal of Officers. Any officer may resign at any time with written notice to the Sole MemberMembers. Any officer may be removed from office by the Sole MemberMembers, either with or without cause; provided, however, that such removal shall be without prejudice to the contract rights, if any, of the person so removed.

Appears in 39 contracts

Samples: Operating Agreement, Operating Agreement, Multi Member Operating Agreement

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Resignation or Removal of Officers. Any officer Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time with written notice to specified therein, or if no time be specified, at the Sole Member. Any officer may be removed from office time of its receipt by the Sole MemberBoard. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. The Board may remove any Officer as such, either with or without cause; provided, however, that such removal shall be without prejudice to the contract rights, if any, . The Board may fill any vacancy occurring in any office of the person so removedCompany.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Federated National Holding Co)

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