Common use of Tenure and Removal Clause in Contracts

Tenure and Removal. The officers of the Corporation shall be elected or appointed to hold office until their respective successors are elected or appointed. All officers shall hold office at the pleasure of the Board of Directors, and any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors for cause or without cause at any regular or special meeting.

Appears in 4 contracts

Samples: Securities Restriction Agreement (Park N View Inc), Securities Restriction Agreement (Park N View Inc), Securities Restriction Agreement (Park N View Inc)

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Tenure and Removal. The officers of the Corporation shall be elected or appointed to hold office until their respective successors are elected or appointed. All officers shall hold office at the pleasure of the 87 89 Board of Directors, and any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors for cause or without cause at any regular or special meeting.

Appears in 2 contracts

Samples: Lease (Park N View Inc), Lease (Park N View Inc)

Tenure and Removal. The officers of the Corporation shall be elected or appointed to hold office until their respective successors are elected or appointed. All Subject to the provisions of the Certificate of Incorporation and the Stockholder’s Agreement, dated , between the Corporation and Westway Holdings Corporation (the “Stockholder’s Agreement”) all officers shall hold office at the pleasure of the Board of Directors, and any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors for cause or without cause at any regular or special meeting.

Appears in 1 contract

Samples: Shared Services Agreement (Shermen WSC Acquisition Corp)

Tenure and Removal. The All officers of the Corporation shall be elected or appointed to hold office for such term as may be prescribed by the Board of Directors and until their respective successors are elected or appointedappointed and qualified in their stead. All officers shall hold office at the pleasure Any officer of the Board of Directors, and any officer elected or appointed by the Board of Directors Corporation may be removed at any time by the Board of Directors for cause or without cause at any regular or special meetingmeeting of the Board.

Appears in 1 contract

Samples: Agreement (Recoton Corp)

Tenure and Removal. The officers of the Corporation shall be elected or appointed to hold office until their respective successors are elected or appointed. All officers shall hold office at the pleasure of the Board of Directors, and any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors for cause or without cause at any regular or special meeting.. Section 6.5

Appears in 1 contract

Samples: Employment Agreement (Brera Capital Partners Lp)

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Tenure and Removal. The officers of the Corporation shall be elected or appointed to hold office until their respective successors are elected or appointed. All Subject to the provisions of the Certificate of Incorporation and the Stockholder's Agreement, dated , between the Corporation and Westway Holdings Corporation (the "Stockholder's Agreement") all officers shall hold office at the pleasure of the Board of Directors, and any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors for cause or without cause at any regular or special meeting.

Appears in 1 contract

Samples: Transaction Agreement (Shermen WSC Acquisition Corp)

Tenure and Removal. The officers of the Corporation shall be elected or appointed to hold office until their respective successors are elected or appointedchosen and qualified. All officers shall hold office at the pleasure of the Board of Directors, and any Any officer elected or appointed by the Board of Directors may be removed removed, with or without cause, at any time by the affirmative vote of a majority of the Board of Directors for cause or without cause at in office. Any vacancy occurring in any regular or special meetingoffice of the Corporation shall be filled by the Board of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Midwest Bancorp Inc)

Tenure and Removal. The officers of the Corporation shall be elected or appointed to hold office until their respective successors are elected or appointed. All officers shall hold office at the pleasure of the Board of DirectorsBoard, and any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors for cause or without cause at any regular or special meeting.any

Appears in 1 contract

Samples: Subscription and Reorganization Agreement (Horseshoe Gaming Holding Corp)

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