Common use of Resignation; Removal; Vacancies Clause in Contracts

Resignation; Removal; Vacancies. A Representative may resign as such by delivering written notice to that effect to the Members Committee at least thirty (30) days prior to the effective date of such resignation. A Representative may be removed at any time and for any reason by the Designating Member of such Representative. In the event a vacancy on the Members Committee occurs as a result of the death, disability, resignation, removal or otherwise of a Representative, such vacancy shall be filled by the Designating Member of such Representative. The Designating Member shall provide written notice to the other Member at any time that a Representative of such Designating Member is removed or replaced.

Resignation; Removal; Vacancies. A Representative may resign as such by delivering written notice to that effect to the Members Committee at least thirty (30) days prior to the effective date of such resignation. A Representative may be removed at any time and for any reason by the Designating Member of such RepresentativeMembers. In the event a vacancy on the Members Management Committee occurs as a result of the death, disability, resignation, removal or otherwise of a Representative, such vacancy a meeting of the Members shall be filled by held to elect a replacement and the Designating Member person receiving a plurality of the votes cast at such meeting shall be the replacement Representative. The Designating Member shall provide written notice to the other Member at any time that a Representative of such Designating Member is removed or replaced.