Common use of Tenure and Qualifications Clause in Contracts

Tenure and Qualifications. Each Director shall hold office until ------------------------- his or her successor shall have been duly appointed or until his or her prior death, resignation or removal. A Director may be removed from office by the Sole Member for any reason or no reason. A Director may resign at any time by filing his or her written resignation with the Secretary of the Company.

Tenure and Qualifications. Each Director shall hold office until ------------------------- his or her successor shall have been duly appointed or until his or her prior death, resignation or removal. A Director may be removed from office by the Sole Member Manager for any reason or no reason. A Director may xxx resign at any time by filing his or her written resignation with the Secretary of the Company.

Tenure and Qualifications. Each Director shall hold office until ------------------------- his or her successor shall have been duly appointed or until his or her prior death, resignation or removal. A Director may be removed from office by the Sole Member for any reason or no reason. A Director may resign at any time by filing his or her written resignation with the Secretary of the Company.

Tenure and Qualifications. Each Director director shall hold office until ------------------------- the next annual meeting of shareholders and until his or her successor shall have been duly appointed qualified and elected, or until his or her prior death, resignation or removal. A Director director may be removed from office by affirmative vote of a majority of the Sole Member outstanding shares entitled to vote for any reason or no reasonthe election of such director, taken at a meeting of shareholders called for that purpose. A Director director may resign at any time by filing his or her written resignation with the Secretary of the Companycorporation. Directors need not be residents of the State of Iowa or shareholders of the corporation.

Tenure and Qualifications. Each Director director shall hold office until ------------------------- the next annual meeting of shareholders and until his or her successor shall have been duly appointed qualified and elected, or until his or her prior death, resignation or removal. A Director director may be removed from office by affirmative vote of a majority of the Sole Member outstanding shares entitled to vote for any reason or no reasonthe election of such director, taken at a meeting of shareholders called for that purpose. A Director director may resign at any time by filing his or her written resignation with the Secretary of the Companycorporation. Directors need not be residents of the State of Iowa.