Common use of Resignation; Successor Trustee Clause in Contracts

Resignation; Successor Trustee. The Voting Trustee may resign at any time by providing Holdings and each Stockholder with written notice to such effect 30 days prior to the effective date of such resignation. If for any reason Xxxx X. Xxxxxx shall cease to serve as Voting Trustee hereunder, his immediate successor in such capacity shall be Xxxxxxx X. Xxxxxx; provided that (i) the person serving as Voting Trustee may at any time, and from time to time, replace or designate the successor to such Voting Trustee and (ii) each such successor shall be an officer of Xxxxxx Xxxxxx, Inc. or an officer of Xxxxxx Xxxxxx Partners III GP, Inc. Each such successive designated person shall, upon assuming the duties hereunder upon a vacancy occurring in the office of Voting Trustee, be the Voting Trustee.

Resignation; Successor Trustee. The Voting Trustee may resign at any time by providing Holdings and each Stockholder with written notice to such effect 30 days prior to the effective date of such resignation. If for any reason Xxxx Jxxx X. Xxxxxx shall cease to serve as Voting Trustee hereunder, his immediate successor in such capacity shall be Xxxxxxx Lxxxxxx X. Xxxxxx; provided that (i) the person serving as Voting Trustee may at any time, and from time to time, replace or designate the successor to such Voting Trustee and (ii) each such successor shall be an officer of Xxxxxx Cxxxxx Xxxxxx, Inc. or an officer of Xxxxxx Cxxxxx Xxxxxx Partners III IV, GP, Inc. Each such successive designated person shall, upon assuming the duties hereunder upon a vacancy occurring in the office of Voting Trustee, be the Voting Trustee.

Resignation; Successor Trustee. The Voting Trustee may resign at any time by providing Holdings Horizon and each Stockholder with written notice to such effect 30 days prior to the effective date of such resignation. If for any reason Xxxx X. Xxxxxx shall cease to serve as Voting Trustee hereunder, his immediate successor in such capacity shall be Xxxxxxx X. Xxxxxx; provided that (i) the person serving as Voting Trustee may at any time, and from time to time, replace or designate the successor to such Voting Trustee and (ii) each such successor shall be an officer of Xxxxxx Xxxxxx, Inc. or an officer of Xxxxxx Xxxxxx Partners III IV GP, Inc. Each such successive designated person shall, upon assuming the duties hereunder upon a vacancy occurring in the office of Voting Trustee, be the Voting Trustee.