Resignation and Removal. Any or all Managers may be removed, with or without cause, by the Member. Any removal shall be without prejudice to the rights, if any, of such Manager under any contract of employment. Any Manager may resign as a manager at any time upon written notice to the Company without prejudice to the rights, if any, of the Company under any contract to which such Manager is a party. Unless the Managers have earlier resigned or been removed, the Managers shall hold office until the expiration of the term for which they were elected, or if no term was provided, until their successors have been elected and qualified.
Appears in 41 contracts
Sources: Limited Liability Company Operating Agreement (Century Communities of Nevada Realty, LLC), Limited Liability Company Operating Agreement (Century Communities of Nevada Realty, LLC), Limited Liability Company Operating Agreement (Century Communities of Nevada Realty, LLC)
Resignation and Removal. Any or all Managers may be removed, with or without cause, by the sole Member. Any removal shall be without prejudice to the rights, if any, of such Manager under any contract of employment. Any Manager may resign as a manager at any time upon written notice to the Company without prejudice to the rights, if any, of the Company under any contract to which such Manager is a party. Unless the Managers have earlier resigned or been removed, the Managers shall hold office until the expiration of the term for which they were elected, or if no term was provided, until their successors have been elected and qualified.
Appears in 14 contracts
Sources: Operating Agreement (Lbi Media Inc), Limited Liability Company Agreement (Lbi Media Inc), Operating Agreement (Lbi Media Inc)
Resignation and Removal. Any or all Managers Manager may resign at any time. Any Manager may be removedremoved at any time, with or without cause, solely by the Member. Any removal shall be without prejudice to the rights, if any, of Member or Members that designated such Manager under any contract of employment. Any Manager may resign as a manager at any time upon written notice to the Company without prejudice to the rights, if any, of the Company under any contract to which such Manager is a party. Unless the Managers have earlier resigned or been removed, the Managers shall hold office until the expiration of the term for which they were elected, or if no term was provided, until their successors have been elected and qualifiedManager.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Contango Oil & Gas Co), Limited Liability Company Agreement (Contango Oil & Gas Co)
Resignation and Removal. Any or all Managers may be removed, with or without cause, by the Member. Any removal shall be without prejudice to the rights, if any, of such Manager under any contract of employment. Any A Manager may resign as a manager at any time upon written notice to the Company without prejudice to the rights, if any, or may be removed by a vote of the Company under Members at any contract to which time (without the necessity of the Members specifying cause for such removal). The vote of a majority in interest of the Members shall be required for removal of a Manager, regardless of whether the Manager is a party. Unless the Managers have earlier resigned Member or been removed, the Managers shall hold office until the expiration of the term for which they were elected, or if no term was provided, until their successors have been elected and qualifiednot.
Appears in 1 contract
Sources: Limited Liability Company Agreement (American Dental Partners Inc)