Term and Removal. Representatives shall serve in such capacity until their death, disability, resignation, or removal. The Member appointing a Representative shall at any time be entitled to remove and replace such Representative, with or without cause. The Member replacing such Representative shall promptly deliver a copy of the notice of such removal and replacement to such Representative, the Board and the other Member. Removal shall be effective upon receipt of the written notice of such removal by each of such Representative, the Board and the other Member.
Appears in 4 contracts
Sources: Joint Venture Operating Agreement (Caterpillar Inc), Truck Business Relationship Agreement (Navistar International Corp), Joint Venture Operating Agreement (Navistar International Corp)