Resignations; Vacancies Sample Clauses

The "Resignations; Vacancies" clause outlines the procedures for handling the resignation of officers or directors and the subsequent filling of any resulting vacancies within an organization. Typically, it specifies how a resignation should be submitted, such as requiring written notice, and details the process for appointing a replacement, which may involve board approval or a vote by remaining members. This clause ensures continuity in leadership and governance by providing a clear method for addressing unexpected departures and maintaining the proper functioning of the organization.
Resignations; Vacancies. Any member of the Committee may, at any time, resign from the Committee upon written notice to the Board.
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Resignations; Vacancies. Any director of the Bank may resign from the Board or a committee at any time by giving notice of resignation to the Bank. Any such resignation shall take effect at the time specified therein or, if the time when it shall become effective shall not be specified therein, immediately upon its receipt. The acceptance of such resignation shall not be necessary to make it effective. Any vacancy in the Board shall be filled in accordance with applicable law and regulation.
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Resignations; Vacancies. Any Director may resign at any time upon written notice to the Corporation. A resignation shall become effective when and as specified in the notice, or, in the absence of such specification, upon its acceptance by the Corporation. Vacancies occurring on the Board of Directors for any reason, and newly created directorships resulting from any increase in the number of Directors, may be filled by the affirmative vote of a majority of the Directors then in office, though less than a quorum.
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Resignations; Vacancies. Any Manager may resign at any time by delivering such Manager’s resignation in writing to the Member or at a meeting of the Board of Managers. Such resignation shall be effective upon receipt unless specified to be effective at some other time, and without in either case the necessity of its being accepted unless the resignation shall so state. When a Manager resigns from the Board effective at a future date, the vote or action by written consent by the Member to fill the vacancy on the Board that would arise upon such resignation may be taken in advance of such resignation and become effective contemporaneously with such resignation. The Board shall have and may exercise all their powers notwithstanding the existence of one or more vacancies in their number, subject to any requirements of law or of this Agreement as to the number of Managers required for a quorum or for any vote or other actions.
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Resignations; Vacancies. The Equityholder Representative may resign from its position as Equityholder Representative at any time by written notice delivered to the Buyer, the Blocker Owners and the Company Unitholders. If there is a vacancy at any time in the position of the Equityholder Representative for any reason, such vacancy shall be filled by a majority in interest vote in accordance with the method set forth in Section 14.1(b).
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Resignations; Vacancies. The Indemnified Party Representative may resign from its position as Indemnified Party Representative at any time by written notice delivered to Purchaser. If there is a vacancy at any time in the position of the Indemnified Party for any reason, such vacancy shall be filled by the Indemnified Party Representative.
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Resignations; Vacancies 
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Related to Resignations; Vacancies

  • Resignations of Directors Any directors of the Company, other than those identified on Schedules 2.1, shall have resigned as directors of the Company.

  • Resignation of Directors A director may resign at any time by delivering written notice to the Board, its Chairman (as hereinafter defined), if any, or the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date.

  • Resignations Any Officer of the Company may resign at any time by giving notice either in writing or by electronic transmission to the Company. A resignation shall take effect immediately upon receipt of the notice, or at such other time as is specified in the notice. Unless required by the notice, acceptance of the resignation is not needed to make it effective.

  • JOB VACANCIES (a) Announcements of opportunities for all job vacancies in new jobs, existing jobs, training positions, and apprenticeship positions within the bargaining unit, will be posted on the bulletin board of each lunchroom for a period of ten (10) days prior to the filling of the job vacancy. If a posting is temporary, the expected duration, if known, will be included in the posting. Employees desiring consideration in the filling of the job vacancy shall signify their desire by applying for the job notice during the period in which it is posted. (b) In filling posted vacancies, the skill, knowledge and ability of the applicants for the position shall be the primary consideration. Where two or more regular employees qualify, seniority shall be the determining factor. The skill, knowledge and ability for vacancies posted under this Article shall be those reasonably necessary to perform the job function and shall not be established in an arbitrary or discriminatory fashion. (c) All employees accepted to posted jobs shall be on probation for thirty (30) days worked, except for employees promoted into a technical trade position (e.g. Machinist or Millwright) who shall be on probation for ninety (90) days worked. During this period, the employee may, at his option, return to his former job, or, if in the Employer’s opinion the employee is not progressing satisfactorily, may be returned to his former job. Posting probation may be extended for days missed, in keeping with the procedures outlined in Article 18.02. (d) A notice shall be posted on the bulletin boards listing the name of the successful applicants, within the time limits of the job posting procedures. (i) Employees who post into a temporary position will be automatically returned to their former position once the posting is complete. (e) Every internal job applicant who meets the minimum qualifications will be given an interview unless he/she has been interviewed for a similar position within the last three (3) months. Every internal job applicant who is not given an interview will have the reasons explained to him/her. (f) In the event an employee transfers to a higher rated position, or is temporarily moved by the Employer, he or she will be entitled to the rate for that job. The transfer will occur in accordance with Article 18.10(b) of the Collective Agreement. (g) When a temporary vacancy exists for a position in a higher classification, the Employer will attempt to fill that position with a regular employee through a posting process if no cross-trained employee is available.

  • Vacancies Whenever a vacancy in the Board of Trustees shall occur, the remaining Trustees may fill such vacancy by appointing an individual having the qualifications described in this Article by a written instrument signed by a majority of the Trustees then in office or may leave such vacancy unfilled or may reduce the number of Trustees; provided the aggregate number of Trustees after such reduction shall not be less than the minimum number required by Section 2.1 hereof; provided, further, that if the Shareholders of any class or series of Shares are entitled separately to elect one or more Trustees, a majority of the remaining Trustees or the sole remaining Trustee elected by that class or series may fill any vacancy among the number of Trustees elected by that class or series. Any vacancy created by an increase in Trustees may be filled by the appointment of an individual having the qualifications described in this Article made by a written instrument signed by a majority of the Trustees then in office. No vacancy shall operate to annul this Declaration or to revoke any existing agency created pursuant to the terms of this Declaration. Whenever a vacancy in the number of Trustees shall occur, until such vacancy is filled as provided herein, the Trustees in office, regardless of their number, shall have all the powers granted to the Trustees and shall discharge all the duties imposed upon the Trustees by this Declaration.