Common use of Resignations and Removal Clause in Contracts

Resignations and Removal. Any member of the Executive Committee may be removed at any time with or without cause by resolution adopted by a majority of the full Board of Directors. Any member of the Executive Committee may resign from the Executive Committee at any time by giving written notice to the President or Secretary of the corporation, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Resignations and Removal. Any member of the Executive Committee executive committee may be removed at any time with or without cause by resolution adopted by a majority of the full Board board of Directorsdirectors. Any member of the Executive Committee executive committee may resign from the Executive Committee executive committee at any time by giving written notice to the President president or Secretary secretary of the corporation, and unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective.

Resignations and Removal. Any member of the Executive Committee executive ------------------------------------ committee may be removed at any time with or without cause by resolution adopted by a majority of the full Board board of Directorsdirectors. Any member of the Executive Committee executive committee may resign from the Executive Committee executive committee at any time by giving written notice to the President president or Secretary secretary of the corporationBANK. Unless otherwise specified, and unless otherwise specified therein, such resignation shall take effect upon its receipt; the acceptance of such resignation shall not be necessary to make it effective.

Resignations and Removal. Any member of the Executive Committee executive committee may be removed at any time with or without cause by resolution adopted by a majority of the full Board board of Directorsdirectors. Any member of the Executive Committee executive committee may resign from the Executive Committee executive committee at any time by giving written notice to the President president or Secretary secretary of the corporationbank. Unless otherwise specified, and unless otherwise specified therein, the such resignation shall take effect upon its receipt. The acceptance of such resignation shall not be necessary to make it effective.

Resignations and Removal. Any member of the Executive Committee executive committee may be removed at any time with or without cause by resolution adopted by a majority of the full Board board of Directorsdirectors. Any member of the Executive Committee executive committee may resign from the Executive Committee executive committee at any time by giving written notice to the President president or Secretary secretary of the corporationGibraltar. Unless otherwise specified, and unless otherwise specified therein, such resignation shall take effect upon its receipt; the acceptance of such resignation shall not be necessary to make it effective.

Resignations and Removal. Any member of the Executive Committee may be removed at any time with or without cause by resolution adopted by a majority of the full Board of DirectorsBoard. Any member of the Executive Committee may resign from the Executive Committee at any time by giving written notice to the Chairman of the Board, the President or Secretary of the corporation, and unless Board. Unless otherwise specified thereinthereon, the such resignation shall take effect upon receipt. The acceptance of such resignation shall not be necessary to make it effective. SECTION 9.