Common use of Term of Office, Resignation and Removal Clause in Contracts

Term of Office, Resignation and Removal. All officers shall be elected or appointed by the Board and shall hold office for such term as may be prescribed by the Board. Each officer shall hold office until his successor has been elected or appointed and qualified or until his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties. Any officer may resign at any time by giving written notice to the Board, the Chairman, the President or the Secre-

Appears in 1 contract

Samples: RWBV Acquisition Corp

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Term of Office, Resignation and Removal. All officers (a) Each officer shall be elected or appointed by the Board and shall hold office for such term as may be prescribed determined by the Boardboard. Each officer shall hold office until his successor has been elected or appointed and qualified or until his earlier death or resignation or removal in the manner hereinafter provided. The Board board may require any officer to give security for the faithful performance of his duties. Any officer may resign at any time by giving written notice to the Board, the Chairman, the President or the Secre-.

Appears in 1 contract

Samples: Arm Financial Group Inc

Term of Office, Resignation and Removal. All officers (a) Each officer shall be elected or appointed by the Board and shall hold office for such term as may be prescribed determined by the Board; PROVIDED, HOWEVER, that the Chairman shall be appointed by a majority of the number of directors constituting the entire Board. Each officer shall hold office until his successor has been elected or appointed and qualified or until his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties. Any officer may resign at any time by giving written notice to the Board, the Chairman, the President or the Secre-.

Appears in 1 contract

Samples: Getty Images Inc

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Term of Office, Resignation and Removal. (a) All officers shall be elected or appointed by the Board and shall hold office for such term as may be prescribed by the Board. Each officer shall hold office until his successor has been elected or appointed and qualified or until his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties. Any officer may resign at any time by giving written notice to the Board, the Chairman, the President or the Secre-.

Appears in 1 contract

Samples: Predictive Systems Inc

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