Common use of Resignation; Removal Clause in Contracts

Resignation; Removal. The Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and the Trustee agree otherwise. The Trustee may be removed by the Company on sixty (60) days notice or upon shorter notice accepted by the Trustee.

Appears in 4 contracts

Samples: Trust Agreement (J Jill Group Inc), Trust Agreement (J Jill Group Inc), Trust Agreement (J Jill Group Inc)

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Resignation; Removal. The Trustee may resign at any time by written notice to the Controlling Company, which shall be effective sixty (60) days after receipt of such notice unless the Controlling Company and the Trustee agree otherwise. The Trustee may be removed by the Controlling Company on sixty (60) days notice or upon shorter notice accepted by the Trustee.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (Darden Restaurants Inc)

Resignation; Removal. The Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) 60 days after receipt of such notice unless the Company and the Trustee agree otherwise. The Prior to a Change in Control, the Trustee may be removed by the Company on sixty (60) 60 days notice or upon shorter notice when accepted by the Trustee. After a Change in Control, the Trustee may only be removed by the Ex-CEO on 60 days notice or upon shorter notice accepted by the Trustee.

Appears in 2 contracts

Samples: Amended Trust Agreement (Callaway Golf Co /Ca), Trust Agreement (Callaway Golf Co /Ca)

Resignation; Removal. The Prior to a Change in Control the Trustee may resign at any time by written notice to the Company, which shall be effective sixty (60) 60 days after receipt of such notice unless the Company and the Trustee agree otherwise. After a Change in Control, the Trustee may resign at any time by written notice to the Company, which shall be effective 30 days after receipt of such notice unless the Company and the Trustee agree otherwise. The Trustee may be removed by the Company on sixty (60) 60 days notice or upon shorter notice accepted by the Trustee.

Appears in 1 contract

Samples: Master Trust Agreement (Host Hotels & Resorts L.P.)

Resignation; Removal. The Trustee may resign at any time by giving thirty (30) days advance written notice to Employer. If the Trustee is an employee of Employer and he/she ceases to be employed by Employer, the Trustee will be deemed to have resigned effective as of the date on which he or she ceases to be employed by Employer. The Employer may remove the Trustee by giving thirty (30) days advance written notice to the Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and the Trustee agree otherwise. The Trustee may be removed by the Company on sixty (60) days notice or upon shorter notice accepted by the Trustee.

Appears in 1 contract

Samples: Agreement

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Resignation; Removal. The Trustee may resign at any time by written notice to the CompanySponsor, which shall be effective sixty (60) days after receipt of such notice unless the Company Sponsor and the Trustee agree otherwise. The Trustee may be removed by the Company Sponsor on sixty (60) days notice or upon shorter notice accepted by the Trustee.

Appears in 1 contract

Samples: Trust Agreement (Mercantile Bankshares Corp)

Resignation; Removal. The Trustee Trustees may resign at any time by written -------------------- notice to the Company, which shall be effective sixty (60) 60 days after receipt of such notice unless the Company and the Trustee Trustees agree otherwise. The Trustee Trustees may be removed by the Company on sixty (60) 60 days notice or upon shorter notice accepted by the TrusteeTrustees.

Appears in 1 contract

Samples: Trust Agreement (Unified Western Grocers Inc)

Resignation; Removal. The Trustee may resign at any time by written notice to the Company, which shall Committee. The resignation will be effective sixty (60) 180 days after the Company’s receipt of such notice unless the Company and the Trustee agree otherwise. The Trustee may be removed by the Company on sixty (60) 60 days notice or upon shorter notice accepted by the Trustee.

Appears in 1 contract

Samples: Trust Agreement (Comdata Network, Inc. Of California)

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