Common use of Board Service Clause in Contracts

Board Service. If the Board nominates Executive serve on the Board or the board of director, any Company affiliate or subsidiary, Executive agrees, for no additional compensation, to serve on the Board or such boards of directors. Upon the end of the Term for any reason, Executive agrees to immediately resign from the Board and from all other board positions and offices Executive holds with the Company or with any Company parent, subsidiary or affiliate.

Appears in 2 contracts

Samples: Executive Employment Agreement (Massimo Group), Executive Employment Agreement (Massimo Group)

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Board Service. The Company may nominate Executive to serve as a member of the boards of directors of Company affiliates or subsidiaries. If the Board nominates Executive serve on the Board or the board of director, any Company affiliate or subsidiaryrequested, Executive agrees, for no additional compensation, to serve on the Board or such boards of directorsboards. Upon the end of the Term for any reason, Executive agrees to immediately shall resign from the Board any such boards and from all any other board positions and offices Executive he holds with the Company Company, or with any Company parentits parent company, subsidiary affiliates or affiliatesubsidiaries.

Appears in 1 contract

Samples: Executive Employment Agreement (Kaival Brands Innovations Group, Inc.)

Board Service. If the The Company may nominate Executive to serve as a Board nominates Executive serve on the Board or the board of director, any Company affiliate or subsidiary, member. Executive agrees, for no additional compensation, to serve on the Board or such boards and any committees of directorsthe Board. Upon the end of the Term for any reason, Executive agrees to immediately shall resign from the Board and from all any other board positions and offices Executive he holds with the Company or with any Company parent, subsidiary its parent company or affiliateaffiliates.

Appears in 1 contract

Samples: Executive Employment Agreement (Kaival Brands Innovations Group, Inc.)

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Board Service. If the Board nominates The Company may nominate Executive to serve on the Board as a board member of Company affiliates or the board of director, any Company affiliate or subsidiary, subsidiaries. Executive agrees, for no additional compensation, to serve on the Board or such boards of directorsboards. Upon the end of the Term for any reason, Executive agrees to immediately shall resign from the Board and from all other any such board positions and offices Executive holds with the Company or with any Company parent, subsidiary or affiliate.

Appears in 1 contract

Samples: Executive Employment Agreement (Kaival Brands Innovations Group, Inc.)

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