Board Resignation Sample Clauses

Board Resignation. Upon termination of the Employee’s employment for any reason, the Employee agrees to resign (or that he may be removed), as of the date of such termination and, to the extent applicable, from the Holdco Board and any committees thereof and any boards or similar governing bodies of any subsidiaries or affiliates of PGA and the Company.

Board Resignation. You agree that effective December 31, 2010 you will resign from the various Mymetics’ Boards of Directors on which you serve as a director.

Board Resignation. Upon termination of Executive’s employment for any reason, Executive agrees to resign, as of the date of such termination and to the extent applicable, as an officer and director of the Company and all of its subsidiaries and affiliates.

Board Resignation. The directors of the Acquired Company shall have tendered their resignation from the Board of Directors of the Acquired Company; provided, however, that one of the Founding Stockholders to be selected by the Founding Stockholders shall be appointed at Closing to serve on the Acquired Company's Board of Directors for a period of one (1) year after Closing, and the remaining two Founding Stockholders shall be entitled to receive notices of, attend and observe meetings of the Acquired Company's Board occurring after Closing for a period of one (1) year after Closing.

Board Resignation. Employee hereby resigns, effective January 1, 2008, from all positions as an officer or director of the Company, its subsidiaries and affiliates, to which he has been elected or appointed.

Board Resignation. Executive shall resign from the Inspirato Incorporated Board of Directors effective as of the execution date of the Agreement.

Board Resignation. Effective as of the Separation Date (or other date which is mutually agreed upon in writing by the Parties), Executive hereby freely and voluntarily resigns from his position as a director of the Company and member of the Board and agrees to sign any instruments and documents requested by the Company and/or the Board that are necessary to memorialize his resignation from the Board.

Board Resignation. Upon the Executive's cessation of employment with the Company for any reason whatsoever, the Executive shall thereupon be deemed to have resigned from the Board of Holding, the Company and of every Subsidiary on which he shall then be serving, and of any other company in which the Executive is then serving as a director at the request of the Company or Holding, in each case effective as of the date of cessation.

Board Resignation. If Optionee ceases to be a Board member for any reason other than that described in this Section 10, Optionee will have the right, subject to the other provisions of this Agreement, to exercise the Option for the term of the Option but only to the extent that on the date of termination the Optionee’s right to exercise such Option had vested, and at the end of such period the Option will expire, and all rights to exercise it will terminate. (a) If Optionee dies while a Board member, or after ceasing to be a Board member but during the period while he could have exercised an Option under the preceding sub-Sections, the Option granted to the Optionee may be exercised, to the extent it has vested at the time of death and subject to the Plan, at any time within twelve (12) months after the Optionee’s death, by the executors or administrators of his estate or by any person or persons who acquire the Option by will or the laws of descent and distribution, but not beyond the otherwise applicable term of the Option.