Common use of Resignation; Removal Clause in Contracts

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 21 contracts

Samples: Limited Liability Company Agreement (U.S. Shipping Finance Corp.), Limited Liability Company Agreement (U.S. Shipping Finance Corp.), Limited Liability Company Agreement (U.S. Shipping Finance Corp.)

AutoNDA by SimpleDocs

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardMember. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer may be removed as such, either such at any time with or without cause, at any time cause by the Company BoardMember. Designation of an Officer officer shall not of itself create any contractual or employment rights.

Appears in 11 contracts

Samples: Limited Liability Company Agreement (Atlas Energy Tennessee, LLC), Limited Liability Company Agreement (Atlas Energy Tennessee, LLC), Operating Agreement (Atlas Energy Tennessee, LLC)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the Corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectivePresident or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by vote of a majority of the Company entire Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 10 contracts

Samples: Business Combination Agreement (CBRE Acquisition Holdings, Inc.), Agreement and Plan of Merger (Avista Healthcare Public Acquisition Corp.), Agreement and Plan of Merger (Willis Group Holdings PLC)

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignationMember. Any Officer officer may be removed as such, either with or without cause, at any time by the Company BoardMember; provided that such removal shall be without prejudice to the contract rights, if any, of the individual so removed. Designation of an Officer officer shall not of itself create any contractual or employment contract rights, except as otherwise set forth herein. Any vacancy occurring in any office of the Company may be filled by the Member.

Appears in 8 contracts

Samples: Operating Agreement (CDW Corp), Limited Liability Company Agreement (CDW Government LLC), Operating Agreement (CDW Government LLC)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardManagement Committee. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Subject to clauses (d), (e) and (f) of this Section 3.7, any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManagement Committee. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Michael Foods Inc/New), Limited Liability Company Agreement (Michael Foods Inc/New), Limited Liability Company Agreement (Nortek Inc)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardManagement Committee. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManagement Committee. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Birds Eye Foods, Inc.), Limited Liability Company Agreement (Mg Waldbaum Co), Limited Liability Company Agreement (Pro Fac Cooperative Inc)

Resignation; Removal. Any Officer officer of the Company may resign as such at any timetime by giving written notice of his or her resignation to the Operating Committee. Such Any such resignation shall be made in writing and shall take effect at the time specified therein or, if the time when it shall become effective shall not be specified therein, or if no time be specifiedimmediately upon receipt. Unless otherwise specified therein, at the time of its receipt by the Company Board. The acceptance of a any such resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer of the Company may be removed as suchremoved, either with or without cause, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.Operating Committee, pursuant to Section 2.4

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Ancestry.com LLC), Limited Liability Company Agreement (Ancestry.com LLC), Limited Liability Company Agreement (Ancestry.com Operations Inc.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardManagement Committee. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManagement Committee. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (PGA Holdings, Inc.), Limited Liability Company Agreement (PGA Holdings, Inc.), Limited Liability Company Agreement (Civitas Solutions, Inc.)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the Corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectivePresident or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by vote of a majority of the Company Board. Designation entire Board of an Officer shall not of itself create any contractual or employment rightsDirectors.

Appears in 4 contracts

Samples: Business Combination Agreement and Plan of Reorganization (Spartan Acquisition Corp. III), Agreement and Plan of Merger (Blount International Inc), Agreement and Plan of Merger (Wok Acquisition Corp.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Valeritas Inc), Limited Liability Company Agreement (Valeritas Inc), Limited Liability Company Agreement (Valeritas Inc)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardCompany. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManaging Member. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Aavid Thermalloy Sw LLC), Limited Liability Company Agreement (Aavid Thermalloy Sw LLC), Limited Liability Company Agreement (Aavid Thermalloy Sw LLC)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon notice to the Corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectiveChief Executive Officer or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by a vote of the Company Board. Designation Board of an Officer shall not of itself create any contractual or employment rightsDirectors.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Brookfield Property Partners L.P.), Agreement and Plan of Merger (Brookfield Asset Management Inc.), Agreement and Plan of Merger (GGP Inc.)

Resignation; Removal. Any Officer may resign as such his or her office at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardManaging Member. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManaging Member. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 3 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Vantiv, Inc.), Limited Liability Company Agreement (Vantiv, Inc.)

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer may be removed as such, either with or without cause, at any time by the Company Board; provided that such removal shall be without prejudice to the contract rights, if any, of the individual so removed. Designation of an Officer officer shall not of itself create any contractual or employment contract rights, except as otherwise set forth herein. Any vacancy occurring in any office of the Company may be filled by the Board.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (CDW Government LLC), Limited Liability Company Agreement (CDW Finance Corp), Limited Liability Company Agreement (CDW Finance Corp)

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignationManager. Any Officer officer may be removed as such, either with or without cause, at any time by the Company BoardManager; provided that such removal shall be without prejudice to the contract rights, if any, of the individual so removed. Designation of an Officer officer shall not of itself create contract rights. Any vacancy occurring in any contractual or employment rightsoffice of the Company may (but need not) be filled by the Manager.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (Gym-Card, LLC)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Board, subject to any contractual agreement between the Company Boardand such Officer. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (CompoSecure, Inc.), Limited Liability Company Agreement (Roman DBDR Tech Acquisition Corp.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer The Board may be removed as suchremove any officer for any reason at any time, either with or without causeCause; provided that, at any time by removal of a Person as an Officer shall in and of itself have no effect on the Company Boardrights of such individual as a Member or a Manager. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (ECPM Holdings, LLC), Limited Liability Company Agreement (ECPM Holdings, LLC)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardCompany. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, at any time by the Company BoardManaging Member. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Exopack Holding Corp), Limited Liability Company Agreement (Exopack Advanced Coatings, LLC)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardManagement Committee. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Subject to clauses (d), (e) and (f) of this SECTION 3.7, any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManagement Committee. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Mg Waldbaum Co), Limited Liability Company Agreement (Mg Waldbaum Co)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified thereintherein or, or if no time be specified, at the time of its receipt by the Company BoardManaging Member. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Subject to the terms of any applicable employment agreement, any Officer may be removed as such, either with or without cause, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rightsManaging Member.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (At&t Inc.), Limited Liability Company Agreement (At&t Inc.)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectivePresident or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by vote of a majority of the Company Board. Designation entire Board of an Officer shall not of itself create any contractual or employment rightsDirectors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (TAMINCO Corp), Agreement and Plan of Merger (Sterling Chemicals Inc)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardManager. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Manager, subject to the terms and conditions of any employment agreement to which such Officer is a party with the Company Boardor any Subsidiary. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (AdaptHealth Corp.), Registration Rights Agreement (DFB Healthcare Acquisitions Corp.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without causeCause, at any time by the Company BoardBoard or by any Member who is not an Affiliate of such Officer. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Centerpoint Properties Trust), Limited Liability Company Agreement (Centerpoint Properties Trust)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the Company and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectivePresident or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by vote of a majority of the Company entire Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Stockholders' Agreement (Johns Manville Corp /New/), Stockholders' Agreement (Manville Personal Injury Settlement Trust)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the Corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectivePresident, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by vote of a majority of the Company entire Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Stockholders Agreement, Stockholders Agreement (iParty Retail Stores Corp.)

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer may be removed as such, either with or without cause, at any time by the Board whenever in its judgment the best interests of the Company Boardshall be served thereby; provided that such removal shall be without prejudice to the contract rights, if any, of the individual so removed. Designation of an Officer officer shall not of itself create contract rights. Any vacancy occurring in any contractual or employment rightsoffice of the Company may be filled by the Board.

Appears in 2 contracts

Samples: Operating Agreement, Operating Agreement (FMC Technologies Inc)

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer may be removed as such, either such at any time with or without cause, at any time cause by the Company Board. Designation of an Officer officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Atlas Energy Resources, LLC), Operating Agreement (Atlas America Public #15-2005 Program)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardGeneral Partner. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Subject to the provisions of any employment agreement with an Officer, any Officer may be removed as such, either with or without cause, at any time by the Company BoardGeneral Partner. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Bumble Inc.), Limited Partnership Agreement (Bumble Inc.)

Resignation; Removal. Any Officer officer may resign as such at any timetime by delivering written notice to the Chair, or by giving oral notice at any meeting of the Board. Such Any such resignation shall be made in writing and shall take effect at the any subsequent time specified therein, or if no the time be is not specified, at upon delivery thereof and, unless otherwise specified therein, the time of its receipt by the Company Board. The acceptance of a such resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer may be removed as suchby the Board upon 30 days’ written notice, either with or without cause, at any time by the Company Board. Designation Appointment of an Officer officer shall not of itself create any contractual contract rights in the individual or employment rightsin the Participating Agency or other entity concerned.

Appears in 2 contracts

Samples: Intergovernmental Agreement, tc3.tazewell911.com

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Subject to Section 3.3(e), any Officer may be removed as such, either with or without cause, cause at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.), Limited Liability Company Agreement (Walgreens Boots Alliance, Inc.)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the Corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectivePresident or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by the Company BoardBoard of Directors. Designation Any vacancy in any office shall be filled in such manner as the Board of an Officer Directors shall not of itself create any contractual or employment rightsdetermine.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Zurn Industries Inc), Agreement and Plan of Merger (Us Industries Inc)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardCompany. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Exopack Advanced Coatings, LLC)

Resignation; Removal. Any Officer may resign as such at any time. ------------------- Such resignation shall be made in writing and shall take effect at the time specified thereintherein or, or if no time be specified, at the time of its receipt by the Company BoardBoard of Directors. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer Officer, other than an executive officer, may be removed as such, either with or without cause, at any time by the Company BoardBoard of Directors. Any executive officer may be removed with or without cause only by the vote of the Board of Directors after consultation among the Members. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Operating Agreement (Advanced Glassfiber Yarus LLC)

AutoNDA by SimpleDocs

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (B&H Contracting, L.P.)

Resignation; Removal. Any Officer may resign as such at any ------------------- time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardCompany. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManaging Member. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Petersen Holdings LLC)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the Corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectivePresident or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by vote of a majority of the Company Board. Designation entire Board of Directors, and any officer appointed by an executive officer or by a committee may be removed either with or without cause by the officer or committee who appointed him or her or by the Chairperson, the Chief Executive Officer shall not of itself create any contractual or employment rightsthe President.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alexanders J Corp)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardManaging Member. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Managing Member, subject to any contractual agreement between the Company Boardand such Officer. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Joinder Agreement (Roman DBDR Tech Acquisition Corp.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardGeneral Partner. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, at any time by the Company BoardGeneral Partner. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Partnership Agreement (DTWC Spokane City Center SPE, LLC)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, at any time by the Board whenever in its judgment the best interests of the Company Boardshall be served thereby; provided that such removal shall be without prejudice to the contract rights, if any, of the individual so removed. Designation of an Officer officer shall not of itself create any contractual or employment contract rights, except as otherwise set forth herein. Any vacancy occurring in any Officer position of the Company may be filled by the Board.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Priority Technology Holdings, Inc.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardManaging Member. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManaging Member. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Finance of America Companies Inc.)

Resignation; Removal. Any Officer may resign as such his or her office at any time. Such resignation shall be made in writing and shall take effect at the time specified thereintherein or, or if no time be is specified, at the time of its receipt by the Company BoardBoard of Directors. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardBoard of Directors. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Total System Services Inc)

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardMembers. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer may be removed as such, either such at any time with or without cause, at any time cause by the Company BoardMembers. Designation of an Officer officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (LEAF Equipment Finance Fund 4, L.P.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without causeCause, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Centerpoint Properties Trust)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified thereintherein or, or if no time be specified, at the time of its receipt by the Company BoardBoard of Managers. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Subject to the terms of any applicable employment agreement, any Officer may be removed as such, either with or without causeCause, at any time by the Company Board. Designation Board of an Officer shall not of itself create any contractual or employment rightsManagers.

Appears in 1 contract

Samples: Operating Agreement (Amneal Pharmaceuticals, Inc.)

Resignation; Removal. Any Officer officer may resign as such at any time. Such time upon written notice to the Corporation and such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its upon receipt thereof by the Company Board. The acceptance of a resignation shall not be necessary to make it effectiveChief Executive Officer or Secretary, unless expressly so provided otherwise specified in the resignation. Any Officer may officer shall be removed as suchsubject to removal, either with or without cause, at any time by a vote of the Company Board. Designation Board of an Officer shall not of itself create any contractual or employment rightsDirectors.

Appears in 1 contract

Samples: Separation Agreement (Rouse Properties, Inc.)

Resignation; Removal. Any Officer may resign as such his or her office at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardManaging Member. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManaging Member. Designation The Managing Member shall have the authority to fill Officer vacancies resulting from the resignation, removal, death or incapacity of an Officer shall not of itself create any contractual or employment rightsOfficer.

Appears in 1 contract

Samples: Investment Agreement (Easterly Acquisition Corp.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardPartnership. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Infor, Inc.

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardBoard of Managers. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardBoard of Managers, subject to the terms of any applicable employment agreement. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hawkeye Holdings, Inc.)

Resignation; Removal. Any Officer may resign as such his or her office at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be is specified, at the time of its receipt by the Company BoardManager. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManager. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Charter Communications, Inc. /Mo/)

Resignation; Removal. Any Officer officer of the Company may resign as such at any timetime by giving written notice of his or her resignation to the Operating Committee. Such Any such resignation shall be made in writing and shall take effect at the time specified therein or, if the time when it shall become effective shall not be specified therein, or if no time be specifiedimmediately upon receipt. Unless otherwise specified therein, at the time of its receipt by the Company Board. The acceptance of a any such resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer of the Company may be removed as suchremoved, either with or without cause, at any time by the Company Board. Designation of an Officer shall not of itself create any contractual or employment rightsOperating Committee, acting pursuant to Section 3.4, subject to Section 3.5.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ancestry.com LLC)

Resignation; Removal. Any Officer may resign as such at any time. ------------------- Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardCompany. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company BoardManaging Member. Designation of an Officer shall not of itself create any contractual or employment rights.

Appears in 1 contract

Samples: Petersen Holdings LLC

Resignation; Removal. Any Officer officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer officer may be removed as such, either with or without cause, at any time by the Board whenever in its judgment the best interests of the Company Boardshall be served thereby; provided that such removal shall be without prejudice to the contract rights, if any, of the individual so removed. Designation of an Officer officer shall not of itself create any contractual or employment contract rights, except as otherwise set forth herein. Any vacancy occurring in any office of the Company may be filled by the Board.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Yankee Holding Corp.)

Resignation; Removal. Any Officer may resign as such at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company BoardCompany. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation. Any Officer may be removed as such, either with or without cause, cause at any time by the Company Board. Designation of an Officer pursuant to Section 5.13(a) shall not of itself create vest in such Person any contractual or employment rightsrights with respect to the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Atrium Companies Inc)

Resignation; Removal. Any Officer officer may resign from his or her position as such an officer at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the Company Board. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignationManager. Any Officer officer may be removed as such, either with or without cause, by the Manager at any time by the Company Boardin its sole discretion. Designation of an Officer officer shall not of itself create any contractual contract or employment rights. Any vacancy occurring in any office of the Company may be filled by the Manager.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Chicago Pacific Founders UGP, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.