Common use of Resignations and Removals Clause in Contracts

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation to the member(s). Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer may be removed from office with or without cause by either the member(s) or the President.

Appears in 47 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

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Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation to the member(s)Board of Managers. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer may be removed from office with or without cause by either the member(s) or the PresidentBoard of Managers.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a written resignation to the member(s)President or any Director. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Executive Officers may be removed from office at any time, with or without cause cause, by either the member(s) a Majority Board Vote at any regular meeting or any special meeting. All other officers may be removed from offices at any time by the President. Except to the extent expressly provided in a written agreement with the Company, no Officer resigning and no Officer removed shall have any right to any compensation for any period following his resignation or removal or any right to damages on account of such removal.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (United Auto Group Inc), Limited Liability Company Agreement (United Auto Group Inc), Limited Liability Company Agreement (United Auto Group Inc)

Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a written resignation to the member(s)Chief Executive Officer or the Secretary. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Except as set forth in Section 4.9(a), any Officer may be removed from office with or without cause by either the member(s) or the PresidentBoard of Managers.

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation to the member(sMember(s). Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer may be removed from office with or without cause by either the member(sMember(s) or the President.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp)

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation to the member(s). Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer may be removed from office with or without cause by either the member(s) or the President.. (c)

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cinergy Corp), Limited Liability Company Agreement (Cinergy Corp), Amended And (Cinergy Corp)

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation ------------------------- instrument signed by him or her and delivered to the member(s)President or the Secretary or to a meeting of the Trustees. Unless otherwise specified therein, such Such resignation shall take effect be effective upon deliveryreceipt unless specified to be effective at some other time. Any The Trustees may remove any officer may be removed from office with or without cause by either cause. Except to the member(s) extent expressly provided in a written agreement with the Trust, no officer resigning and no officer removed shall have any right to any compensation for any period following his or the Presidenther resignation or removal, or any right to damages on account of such removal.

Appears in 2 contracts

Samples: Loomis Sayles Investment Trust, Magna Funds /Ma/

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation to the member(sMember(s). Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer may be removed from office with or without cause by either the member(sMember(s) or the President.. -------------------------

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation instrument signed by him or her and delivered to the member(s)President or the Clerk or to a meeting of the Trustees. Unless otherwise specified therein, such Such resignation shall take effect be effective upon deliveryreceipt unless specified to be effective at some other time. Any The Trustees may remove any officer may be removed from office with or without cause by either cause. Except to the member(s) or extent expressly provided in a written agreement with the President.Trust, no officer resigning and no

Appears in 1 contract

Samples: Baupost Fund

Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a written tendering his or her resignation to the member(s)Chief Executive Officer or the Secretary. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Except as set forth in Section 4.9(a), any Officer may be removed from office with or without cause by either the member(s) or the PresidentBoard of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a written resignation to the member(s)President or any Director. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Executive Officers may be removed from office at any time, with or without cause cause, by either a Majority Board Vote. All other officers may be removed from offices at any time by the member(s) Chairman. Except to the extent expressly provided in a written agreement with the Company, no Officer resigning and no Officer removed shall have any right to any compensation for any period following his resignation or the Presidentremoval or any right to damages on account of such removal.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Penske Automotive Group, Inc.)

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Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a written resignation to the member(s)Operating Committee. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Officer may be removed from office with or without cause by either the member(s) or the PresidentOperating Committee.

Appears in 1 contract

Samples: Operating Agreement (U S Energy Systems Inc)

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written tendering his or her resignation to the member(s)Chief Executive Officer or the Secretary. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer may be removed from office with or without cause by either the member(s) or the PresidentBoard of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a written resignation to the member(s)President or any Director. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Executive Officers may be removed from office at any time, with or without cause 8 cause, by either the member(s) a Majority Board Vote at any regular meeting or any special meeting. All other officers may be removed from offices at any time by the President. Except to the extent expressly provided in a written agreement with the Company, no Officer resigning and no Officer removed shall have any right to any compensation for any period following his resignation or removal or any right to damages on account of such removal.

Appears in 1 contract

Samples: Limited Liability Company Agreement (HBL LLC)

Resignations and Removals. Any officer may resign his or her office at any time by delivering a written resignation to the member(s)General Partner. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer may be removed from office with or without cause by either the member(s) General Partner or the President.

Appears in 1 contract

Samples: Cinergy Corp

Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a tendering his or her written resignation to the member(s)Chief Executive Officer or to the Secretary. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Except as set forth in Section 4.9(a), any Officer may be removed from office with or without cause by either the member(s) or the PresidentBoard of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

Resignations and Removals. Any officer Officer may resign his or her office at any time by delivering a written tendering his or her resignation to the member(s)Chief Executive Officer or to the Secretary. Unless otherwise specified therein, such resignation shall take effect upon delivery. Any officer Except as set forth in Section 4.9(a), any Officer may be removed from office with or without cause by either the member(s) or the PresidentBoard of Managers.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Cinergy Corp)

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