Term of Officers. (a) An Officer shall serve until he resigns, his term expires or he is removed as provided in Section 6.5(b). Subject to any applicable employment agreement, any Officer of the Company may resign at any time by giving written notice to the Managing Member. The resignation of any Officer shall take effect upon receipt of notice or at such later time as shall be specified in such notice; and, unless otherwise specified in such notice, the acceptance of such resignation shall not be necessary to make it effective.
Appears in 6 contracts
Samples: Limited Liability Company Agreement (SilverSun Technologies, Inc.), Limited Liability Company Agreement (SilverSun Technologies, Inc.), Limited Liability Company Agreement (Vine Energy Inc.)
Term of Officers. (a) An Officer shall serve until he resigns, his term expires or he is removed as provided in Section 6.5(b6.9(b). Subject to any applicable employment agreement, any Any Officer of the Company may resign at any time by giving written notice to the Managing MemberBoard. The resignation of any Officer shall take effect upon receipt of notice or at such later time as shall be specified in such notice; and, unless otherwise specified in such notice, the acceptance of such resignation shall not be necessary to make it effective.
Appears in 3 contracts
Samples: Shareholders Agreement, Limited Liability Company Agreement (Sanchez Energy Corp), Production Marketing Agreement (Sanchez Energy Corp)
Term of Officers. (a) An Officer shall serve until he resigns, his term expires or he is removed as provided in Section 6.5(b6.10(b). Subject to any applicable employment agreement, any Any Officer of the Company may resign at any time by giving written notice to the Managing MemberBoard. The resignation of any Officer shall take effect upon receipt of notice or at such later time as shall be specified in such notice; and, unless otherwise specified in such notice, the acceptance of such resignation shall not be necessary to make it effective.
Appears in 1 contract
Samples: Limited Liability Company Agreement (GMX Resources Inc)