Common use of Board Service Clause in Contracts

Board Service. During the Employment Term, Executive shall continue to serve as a director and as Chairman of the Board; provided, however, that Executive shall and hereby does resign from his service as a member of the Nomination and Governance Committee. Upon termination of the Employment Term, Executive shall resume service as a non-employee member of the Board.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Energy XXI Gulf Coast, Inc.)

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Board Service. During the Employment Term, Executive shall continue to serve as a director and as Chairman of the Board; provided, however, that Executive shall and hereby does resign from his service as a member of the Nomination and Governance CommitteeBoard Chair. Upon termination of the Employment Term, Executive shall resume service as a non-employee member of the Board.

Appears in 1 contract

Samples: Employment Agreement (Oasis Petroleum Inc.)

Board Service. During the Employment Term, Executive shall continue to serve as a director and as Chairman on the Board of the Board; providedCompany, however, that Executive shall and hereby does resign from his service without additional compensation except as a member of the Nomination and Governance Committeeprovided in this Agreement. Upon termination of this Agreement or Executive’s employment with the Employment TermCompany for any reason, Executive shall resume service immediately resign as a non-employee member director or officer of the BoardCompany, as applicable.

Appears in 1 contract

Samples: Employment Agreement (CVRx, Inc.)

Board Service. During the Employment Term, Executive shall continue to serve as a director and as Chairman member of the Board; provided, however, that as of the Effective Date Executive shall and hereby does resign from his service as a member of the Nomination Audit Committee and Governance Committee. Upon termination of the Employment Term, Executive shall resume service as a non-employee member of the Board.Finance

Appears in 1 contract

Samples: Employment Agreement (Horizon Lines, Inc.)

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Board Service. During the Employment Term, Executive shall continue to serve as a director and as Chairman of the Boarddirector; provided, however, that Executive shall and hereby does resign from his service as a member of the Nomination Audit Committee and Governance CommitteeCompensation Committee of the Board. Upon termination of the Employment Term, Executive shall resume service as a non-employee member of the Board.

Appears in 1 contract

Samples: Employment Agreement (Sandridge Energy Inc)

Board Service. During the Employment Term, Executive shall continue to serve as a director and as Chairman member of the Board; provided, however, that as of the Effective Date Executive shall and hereby does resign from his service as a member of the Nomination Audit Committee and Governance Compensation Committee. Upon termination of the Employment Term, Executive shall resume service as a non-employee member of the Board.

Appears in 1 contract

Samples: Employment Agreement (Horizon Lines, Inc.)

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