Resignation of a Manager Sample Clauses
The 'Resignation of a Manager' clause outlines the process by which a manager of a company or organization may voluntarily step down from their position. Typically, this clause specifies the required notice period the manager must provide, the method of delivering the resignation (such as written notice to the board or members), and any obligations the manager must fulfill before their departure, like assisting with the transition. Its core function is to ensure an orderly and predictable transition of management, minimizing disruption to the organization and clarifying the steps both the resigning manager and the company must take.
Resignation of a Manager. Any Manager may resign effective upon giving written notice to the Chairman of the Board of Managers, the President, the Board of Managers of the Company, the Member, or as otherwise allowed under the Act, unless the notice specifies a later time for the effectiveness of such resignation. If the resignation is effective at a future time, a successor may be elected to take office when the resignation becomes effective.
Resignation of a Manager. A Manager may resign from such position at any time upon giving Notice to the Management Committee.
Resignation of a Manager. A Manager may resign as a manager of the Company upon 30 days prior written notice to all Members.
Resignation of a Manager. 9 3.04 Removal of A Manager.................................................. 9 Article IV Capital Contributions
Resignation of a Manager. 28 7.6 Compensation. . . . . . . . . . . . . . . . . . . . . . . 28
Resignation of a Manager. 28 7.6 Compensation............................................... 28
Resignation of a Manager. A Manager may resign from his or her position as a Manager at any time by notice to the Members. Such resignation shall become effective when such notice is received, unless a delayed effective date is specified in such notice.
Resignation of a Manager. Any member of the Board of Managers may resign as a Manager by written instrument signed by the resigning Manager and delivered to the Common Shareholders. Any such resignation shall take effect upon such delivery or upon such later date as is specified in such instrument.
Resignation of a Manager. 25 8.7 Vacancies............................................................................... 25 ARTICLE IX TERMINATION.................................................................................... 25
Resignation of a Manager. The Manager of the Company may resign by providing written notice to all Members. Unless otherwise Approved by the Members, any such resignation shall take effect thirty (30) days after the date such Manager gives notice to all Members, or at a later date stated in the notice of resignation. Notwithstanding the foregoing, the Manager shall not be permitted to resign pursuant to this Section 6.4 unless and until another Manager has been designated and approved by the affirmative vote of a seventy-five percent (75%) Majority in Interest of the Members, as provided in Section 6.5.